Author: Tristan Lodenberg

Stablecoin dusting activity on Ethereum has sharply increased following the Fusaka network upgrade, according to new analysis from Coin Metrics. The study found that small-value stablecoin transfers, often below $1, now make up a significant portion of Ethereum’s daily activity, reflecting both network growth and the rise of dusting attacks. Fusaka Upgrade Drives Increased Activity The Fusaka upgrade, implemented in December 2025, reduced transaction costs and improved onchain data handling, making it easier to post information from layer-2 networks back to Ethereum. As a result, Ethereum now averages over 2 million daily transactions, with daily active addresses reaching 1.4 million,…

Bitcoin fell below $73,000 this week, marking fresh yearly lows as volatility increased across global markets. The decline comes amid signs of mounting economic strain in the United States, where high government debt levels and elevated borrowing costs continue to tighten financial conditions. Market data suggests that the next meaningful accumulation phase for Bitcoin may be closely tied to shifts in credit market stress rather than immediate price movements. Credit Spreads Remain Tight Despite Rising Risk One key indicator drawing attention is the ICE BofA US Corporate Option-Adjusted Spread, which measures the additional yield investors demand for holding corporate bonds…

Assets under management for spot Bitcoin exchange-traded funds have slipped below the $100 billion mark following $272 million in net outflows. This is the first time ETF assets have fallen under this level since April 2025, highlighting growing pressure across digital asset markets. Spot Bitcoin ETF AUM previously peaked near $168 billion in October before reversing amid rising volatility. Year-to-date outflows have now reached nearly $1.3 billion, reflecting cautious investor sentiment as Bitcoin prices remain under pressure. Market Volatility Weighs on Bitcoin Funds The decline coincided with a broader crypto market sell-off, with Bitcoin dropping below $74,000. Over the past…

Harmonic, a mathematics-focused artificial intelligence startup co-founded by Robinhood CEO Vlad Tenev, has awarded a research sponsorship to Neel Somani, the former founder and chief executive of blockchain research firm Eclipse. The announcement was made publicly on Tuesday, naming Somani as the first recipient of Harmonic’s Rising Mathematician Research Sponsorship. Harmonic described the sponsorship as support for Somani’s work at the intersection of mathematics and artificial intelligence. The company recently stated plans to allocate up to $1 million toward similar sponsorships for students and researchers, positioning the initiative as an effort to fund advanced mathematical research outside traditional academic structures.…

Bitwise Asset Management has announced the acquisition of Chorus One, an institutional staking services provider. The financial details of the deal remain undisclosed, but the move marks a strategic expansion of Bitwise’s suite of yield-generating crypto products. The acquisition aims to enhance offerings for clients holding spot crypto assets, as staking continues to grow as a key revenue opportunity. Chorus One’s Staking Infrastructure Chorus One manages approximately $2.2 billion in staked assets and operates robust staking infrastructure. Its CEO highlighted that consolidation in the staking sector has become inevitable, emphasizing that integrating staking services into larger platforms provides significant advantages…

Ark Invest continued to add to its crypto-related equity positions as digital asset markets remain under pressure. Recent trade disclosures show the investment firm purchased additional shares in several companies tied to cryptocurrency infrastructure, trading, and treasury strategies. The largest addition was approximately $3.25 million in shares of Bitmine, an Ethereum-focused treasury firm. Ark also acquired about $3.46 million worth of shares in the Bullish crypto exchange and roughly $2.4 million in the stablecoin issuer Circle. Smaller purchases included $1.77 million in Block Inc. and just over $630,000 in Coinbase shares. Wood Wrote on X; These moves extend Ark’s buying…

Two leading prediction market platforms, Polymarket and Kalshi, are turning to grocery giveaways as they compete for market share in the rapidly expanding sector. Kalshi distributed $50 grocery vouchers to over 1,000 participants at Manhattan’s Westside Market on Tuesday, drawing lines reported to stretch for multiple blocks. Polymarket responded by announcing the opening of “The Polymarket”, New York’s first free grocery store, set to launch next Thursday. The platform is also donating $1 million to Food Bank for NYC to assist residents across all five boroughs. Polymarket emphasized that the store has been in development for months and will be…

Investor Michael Burry has warned that bitcoin’s recent price decline may be triggering forced selling across other asset classes, including gold and silver. According to Burry, losses tied to cryptocurrencies may have pushed institutional investors and corporate treasuries to liquidate up to $1 billion worth of precious metals to manage risk and cover losses. Bitcoin briefly fell below $73,000, marking a sharp drop of roughly 40% from recent highs. Burry said the move exposed structural weaknesses in the crypto market and may have prompted large holders to sell profitable positions elsewhere, particularly in tokenized gold and silver instruments, during late…

Galaxy Digital reported a net loss of $482 million in the fourth quarter of 2025, contributing to a full-year net loss of $241 million, as weaker digital asset prices weighed heavily on its balance sheet. The company said fourth-quarter results were primarily affected by falling cryptocurrency valuations, with Bitcoin declining roughly 20% during the period. For the full year, Galaxy attributed its losses to a combination of lower digital asset prices and approximately $160 million in one-time costs. Management noted that market conditions in late 2025 reflected a broader downturn across major cryptocurrencies, including Bitcoin, Ethereum, and Solana. Profitability Metrics…

VistaShares has launched a new actively managed exchange-traded fund designed to blend government bonds with Bitcoin-linked income strategies. The fund, trading on the New York Stock Exchange under the ticker BTYB, allocates the majority of its portfolio to US Treasury securities while using options to gain indirect exposure to Bitcoin price movements. According to details released with the launch, approximately 80% of the fund’s assets are invested in US Treasurys and related instruments. The remaining 20% is tied to Bitcoin through a synthetic covered call strategy, which relies on derivatives rather than direct cryptocurrency holdings. How the Options-Based Bitcoin Strategy…