Day: September 21, 2025

‘These Fiat Arguments Regarding OP_RETURN Need to Go’ — Jimmy Song

admin

Jimmy Song, a Bitcoin (BTC) developer and advocate, slammed the decision by Bitcoin Core developers to remove the OP_Return limit for non-monetary data embedded on the Bitcoin blockchain in the upcoming Bitcoin Core 30 upgrade, calling it “fiat” mentality. Song accused the Core developers of deflecting user concerns about removing the OP_Return limit, which is currently 80 bytes in size, and ignoring the significant pushback from the Bitcoin community and node runners. He also said: “The idea that spam is difficult to define, and because of this ambiguity, we shouldn’t…

‘The world is becoming Internet-First’ — Venture Capitalist

admin

The traditional economy is being phased out in advanced countries that are transitioning to an internet-first economy dominated by the tech industry and digital platforms, according to Balaji Srinivasan, a former executive at crypto exchange Coinbase and the author of “The Network State.”  “The legacy economy is being sunset in favor of the Internet economy,” Srinivasan said in an X post on Saturday. He shared a chart showing the price divergence between the “Magnificent Seven” tech stocks, which are enjoying meteoric growth, and the remainder of companies in the S&P…

How High Can It Go?

admin

Key takeaways: BNB faces short-term correction risks but maintains a strong bullish structure above the trendline. Breakout patterns and onchain optimism point to upside targets of $1,250–$1,565 by year-end. BNB (BNB) has jumped over 10% this weekend, outpacing a largely stagnant crypto market that remained flat. BNB/USDT four-hour price chart. Source: TradingView With momentum diverging from its peers and in price discovery, the question is, can the Binance-linked token push even higher? BNB faces “overbought” risks in September BNB’s latest rally has pushed the relative strength index (RSI) on the…

Ethereum Based Meme Coin Pepeto Presale Past $6.7 Million as Exchange Demo Launches

admin

[PRESS RELEASE – Dubai, UAE, September 21st, 2025, Chainwire] The Role of Presales in Early Investment Pepeto, the rising meme coin based on the Ethereum blockchain, has now, as of 19 September 2025, raised over $6.78 million in its presale, as more investors participate following the viral launch of its demo exchange set to adopt all the next best meme coins in 2025. With billions of tokens already sold and interest growing across the best crypto project growing ahead of Q4 2025, Pepeto is quickly becoming one of the talked-about meme projects of 2025, thanks…

Flora Growth Launches $401M Treasury to Back 0G AI Blockchain

admin

Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure. The move comes through a private placement deal combining $35 million in cash with $366 million in in-kind digital assets, primarily denominated in 0G tokens. As part of the transaction, Flora will rebrand as ZeroStack while retaining its Nasdaq ticker, FLGC, according to a Friday announcement. Solana (SOL) treasury company DeFi Development Corp. (DFDV) led the deal, alongside Hexstone Capital and Carlsberg SE Asia…

Low Risk DeFi Could Drive Ethereum Fees While Keeping Values Aligned

admin

Ethereum co-founder Vitalik Buterin said revenue from low-risk decentralized finance protocols could give the network economic stability — much like Google Search supports Google — while letting nonfinancial apps uphold Ethereum’s cultural values. Low-risk DeFi could address “important tensions” in the Ethereum community over whether apps that bring in enough revenue to economically sustain the ecosystem align with the cultural and ethical values that brought people to Ethereum in the first place, Buterin said in a blog post on Saturday. The former has been a combination of nonfungible tokens, memecoins,…

Aster’s 24-hour DEX perpetual volume on Hyperliquid exceeds $700M

admin

Key Takeaways Aster, a decentralized exchange for perpetual futures, surpassed $700M in 24-hour trading volume on Hyperliquid. Hyperliquid currently leads the perpetual DEX market. Share this article Aster, a decentralized exchange protocol focused on perpetual futures trading, recorded over $700 million in 24-hour trading volume on Hyperliquid, a high-performance decentralized exchange specializing in perpetual contracts. Aster has grown its total value locked to over $390 million, according to DefiLlama. Perpetual DEX volumes have surged in 2025, with platforms like Hyperliquid achieving daily volumes exceeding multi-billion-dollar figures in recent months, driven…

Bitcoin Mining Difficulty Hits New All-Time High Again in September

admin

The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive all-time highs in August and September, driven by an influx of freshly deployed computing power over the last several weeks. Bitcoin’s hashrate, the average of the total computing power securing the decentralized monetary protocol, also hit an all-time high of over 1.1 trillion hashes per second on Friday, according to CryptoQuant. The rising mining difficulty and…