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Author: James Wilson
Strategy acquired 3,273 Bitcoin for approximately $255 million on April 27, its fourth purchase in April 2026, lifting total holdings to 818,334 BTC worth roughly $63.7 billion. Summary Strategy bought 3,273 BTC at an average of $77,906 per coin on April 27, funded entirely through at-the-market sales of MSTR Class A common stock. Total holdings now stand at 818,334 BTC acquired for $61.81 billion at an average cost of $75,537 per coin, representing 3.9% of Bitcoin’s 21 million hard cap. The company has achieved a BTC Yield of 9.6% year-to-date in 2026, with $26.47 billion in MSTR shares still available…
Tether has launched an open-source Mining Development Kit that collapses Bitcoin mining’s fragmented hardware dashboards into a single JavaScript and React-based stack. Summary Tether has launched an open-source Mining Development Kit (MDK) to unify Bitcoin mining infrastructure management. MDK gives miners and developers a single JavaScript and React-based layer to automate fleets from home rigs to gigawatt-scale farms. The move deepens Tether’s push into mining, following its MiningOS (MOS) release and CEO Paolo Ardoino’s ambition to become the world’s largest Bitcoin miner. Tether pushes deeper into mining software stack Stablecoin issuer Tether has launched a new open-source Mining Development Kit…
Whale pulls 72K HYPE off Gate.io, expanding a $168M stash as spot buyers face off against crowded leveraged shorts around the key $40 support zone. Summary Whale address 0xEe0…b71C pulled 72,264 HYPE from Gate.io, worth about $30.6 million. The wallet now holds 396,820 HYPE valued near $168 million, tightening liquid supply. The move comes as whales ramp long exposure on Hyperliquid despite elevated volatility. A crypto whale controlling the address 0xEe0A18B394ecE1D7bE81Be15d6cEc3Ac7707b71C has withdrawn 72,264 HYPE from centralized exchange Gate.io, a haul worth roughly $30.6 million at recent prices, pushing its total holdings to 396,820 HYPE or about $168 million. On-chain…
Hyperliquid rose over 10% this week, reclaiming the $40 support level amid a surge in commodities futures trading on the platform. Summary Hyperliquid price rose over 10% this week, reclaiming $40 support as commodities perpetuals trading surged, with oil volume hitting $1.2 billion in a day. Whale accumulation neared $200 million over 30 days, while ETF-related developments from Bitwise and Grayscale point to growing institutional interest. Rising wedge pattern signals potential move toward $50 if momentum holds, though a break below $40 could trigger a drop toward $35. According to data from crypto.news, Hyperliquid (HYPE) price rose from a $39…
A debate has started in the crypto market after researcher Giancarlo Lelli received a 1 BTC reward from Project Eleven. Summary Project Eleven awarded 1 BTC after a researcher cracked a 15-bit ECC key using quantum tools. Adam Back said the result looked more like statistical guessing than a real quantum breakthrough. Critics said Bitcoin’s 256-bit keys remain far beyond the scale of the latest experiment. The prize followed his reported success in cracking a 15-bit ECC key using a cloud-based quantum computer. Project Eleven said Lelli used a modified version of Shor’s algorithm for the test. The group also…
The crypto market is set for a busy token unlock week, with more than $650 million in assets expected to enter circulation over the next seven days. Summary Sui will unlock 42.62 million SUI tokens on May 1, worth about $40.39 million. Jupiter and Sign will release new token supply on April 28 under scheduled unlock plans. Traders are watching fresh supply from SUI, JUP and SIGN for possible short-term volatility. Sui, Jupiter and Sign are among the largest scheduled releases. Token unlocks can add short-term pressure when new supply reaches investors, teams or community reserves. Traders often track these…
South Korea’s internet-only lender KBank has entered into a strategic partnership with Ripple to test blockchain-based cross-border remittances. Summary KBank has partnered with Ripple to test blockchain-based cross-border remittances through a multi-phase proof of concept. Testing has moved to a virtual environment where on-chain transfers are being assessed across corridors, including the UAE and Thailand, according to local media reports. According to multiple local media reports, the collaboration focuses on a proof-of-concept designed to measure improvements in transaction speed, cost efficiency, and transparency using Ripple’s global blockchain network. Having completed an initial phase, the two firms verified a wallet-based remittance…
Coachella has partnered with Google DeepMind to test new AI tools that reshape how live music performances are created and experienced. Summary Coachella has tested AI tools with Google DeepMind to turn live performances into interactive digital environments. Three prototypes were built, including a system that recreates concerts as 3D spaces fans can explore from different perspectives. The projects remain in early testing, with organisers reviewing results before deciding on any public rollout. According to a recent report, the festival used its 2026 edition to build and trial three experimental systems powered by DeepMind’s Project Genie, focusing on so-called “world…
A new academic working paper says a small group of Polymarket users drives much of the platform’s price discovery. Summary A new study says 3.14% of Polymarket accounts drive much of the platform’s accuracy. Skilled traders and market makers captured over 30% of gains despite forming a small minority. Researchers said suspected insider accounts moved prices faster but were tied to isolated market events. The study reviewed every Polymarket transaction from 2023 to 2025. The paper came from researchers at London Business School and Yale. It covered 1.72 million accounts, 210,322 markets, and about $13.76 billion in trading volume. The…
Peter Schiff has warned that Strategy, formerly known as MicroStrategy, could face pressure from its latest funding approach. Summary Peter Schiff warned that Strategy’s preferred shares could increase pressure on its Bitcoin treasury plan. Schiff said the 11.5% yield may force Strategy to raise capital or sell Bitcoin. Strategy supporters argue Bitcoin gains can cover costs, but Schiff says new issuance changes the math. The gold advocate and long-time Bitcoin critic focused on the company’s use of high-yield preferred shares. Schiff said the preferred shares carry an 11.5% yield. He argued that this creates a large cost for Strategy as…