Crypto Vesting – Page 470 – Just another WordPress site

Taiwan lawmaker calls for Bitcoin reserve at national conference

Taiwanese lawmaker Ko Ju-Chun has called on the government to consider adding Bitcoin to its national reserves, suggesting it could serve as a hedge against global economic uncertainty.

Ko, a legislator at-large in Taiwan’s legislative body, the Legislative Yuan, took to X on Friday to report that he had advocated Bitcoin (BTC) investment by the Taiwanese government at the National Conference on May 9.

In his remarks, Ko cited Bitcoin’s potential to become a hedge amid global economic risks and urged Taiwan to recognize the cryptocurrency alongside gold and foreign exchange reserves to boost its financial resilience.

Source: Ko Ju-Chun

Ko’s announcement came shortly after the legislator held talks with Samson Mow, who advocates for Bitcoin adoption by states like El Salvador at his BTC tech firm Jan3.

Taiwan is an export-oriented economy

Ko highlighted

Bitcoin eyes sub-$100K liquidity — Watch these BTC price levels next

Key points:

Bitcoin (BTC) is at its highest levels since January, and traders are eyeing key levels to watch for what’s next.

After hitting $104,000, BTC/USD is retracing to establish support, but the fate of $100,000 is among the concerns for market participants.

Current price action represents an important battleground, as measured from the $75,000 lows this year.

” Headline driven” BTC price gains draw scrutiny

Just $6,000 from new all-time highs, per data from Cointelegraph Markets Pro and TradingView, BTC price action has stunned the market by jumping 10% in days.

The pace of the BTC price gains has come as a surprise for many, but longer-term perspectives show where the most difficult battleground lies.

“Since this current impulse was primarily headline driven again this puts markets into a crucial & critical trading day,” trader Skew said about the impetus for

Germany seizes $38M in crypto from Bybit hack-linked eXch exchange

German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack.

The seizure, announced on May 9 by Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office, involved multiple crypto assets, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Dash (DASH). The move marks the third-largest crypto confiscation in the BKA’s history.

The authorities also seized eXch’s German server infrastructure with over eight terabytes of data and shut down the platform, the announcement added.

eXch exchanged crypto without AML

In the statement, the BKA described eXch as a “swapping” service that allowed users to exchange various crypto assets without implementing Anti-Money Laundering (AML) measures.

The

Is Pi Network dead? What really went wrong behind the hype

What Pi Network promised

When Pi Network first hit the scene in 2019, it had a simple but compelling pitch: What if you could mine cryptocurrency straight from your phone — no expensive gear, no massive electricity bills, just a tap a day on an app?

It caught fire. Millions of people jumped on board, lured by the idea of “free” mobile mining and a chance to get in early on the next big thing. The app made it easy: You signed up, invited a few friends, tapped a button every 24 hours, and watched your Pi (PI) balance slowly grow. With the social referral model fueling growth, it wasn’t long before over 70 million users had signed up worldwide.

Did you know? Pi Network utilizes the Stellar Consensus Protocol (SCP), which aims for energy efficiency and decentralization, differing from Bitcoin’s energy-intensive proof-of-work.

<div

Read More at https://cointelegraph.com/explained/is-pi-network-dead-what-really-went-wrong-behind-the-hype?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Solana lacks ‘convincing signs’ of besting Ethereum: Sygnum

Solana does not yet have “convincing signs” that it could overtake Ethereum as the blockchain of choice for institutions, as its revenue is seen as unstable due to its memecoin concentration, according to crypto bank group Sygnum.

In a May 8 blog post, Sygnum said that the current sentiment around Ethereum “remains poor,” with the market focused on Solana’s “transaction volumes and its recent dominance in fee generation.”

However, Sygnum said “the medium-term outlook will primarily be shaped by traditional financial institutions’ platform choices to bring their product offerings,” not by sentiment.

“We do not yet see convincing signs that Solana would be the preferred choice as Ethereum’s security, stability and longevity are highly prized,” it added.

Sygnum argued that institutions could choose Ethereum over Solana as the market has viewed the latter’s revenue generation as “less stable” due to being “highly concentrated in

Bitcoin accepted at fast food chain Steak ’n Shake from May 16

American fast food outlet Steak ‘n Shake has announced it will begin accepting Bitcoin as payment at all locations starting on May 16.

The firm said on X on May 9 that it was making the cryptocurrency available to more than 100 million customers, adding that “the movement is just beginning,” before signing off as “Steaktoshi.”

The fast food chain initially hinted at accepting Bitcoin (BTC) in March when it posted “Should Steak ‘n Shake accept Bitcoin?” on social media.

The tweet drew the attention of the crypto community and Bitcoin proponents such as Jack Dorsey, who rapidly replied with a “yes.”

The firm has built momentum since then with Bitcoin-themed marketing, Tesla promotions, and visual hints on its social media feeds.

“The future is bright,” said the firm in April. Source: Stake n’ Shake

Metaplanet is raising another $21M through bonds to buy more Bitcoin

Fresh off its most recent Bitcoin purchase, Japanese investment firm Metaplanet is raising more funds through another bond issue to expand its growing crypto treasury.

Through a $21.25 million issue of “0% Ordinary Bonds,” all the “funds raised will be allocated to the purchase of Bitcoin,” the firm said in a May 9 statement.

Zero-coupon bonds don’t offer any interest to the holder. Most of the time, they are issued at a steep discount from their normal value, and when they mature, the holder receives the full value.

After its most recent May 9 board of directors meeting, the firm said it will issue a 14th Stock Acquisition Rights to EVO Fund, an investment management firm in the Cayman Islands, with a redemption date of Nov. 7.

Source: Metaplanet

At current prices, Metaplanet could buy 206 Bitcoin (<a

Ether clocks ‘insane’ 20% candle post Pectra — a turning point?

Ether surged 20% in the past 24 hours following the launch of the Pectra upgrade, with some crypto traders suggesting the growing number of ETH long positions could mark a “turning point” for the asset that has faced uncertain sentiment throughout most of 2025.

At the time of publication, Ether (ETH) is trading at $2,230, up 19.6% over the past 24 hours, according to CoinMarketCap data. Pseudonymous crypto trader Daan Crypto Trades said it was a “pretty insane candle.” Over the same 24 hours, Ether Open Interest (OI) spiked 21%.

Ether price pump caught traders offside

The surge followed the long-awaited Pectra Upgrade, which went live on May 7, introducing new wallet features, increased staking limits and scalability improvements to Ethereum.

Popular crypto trader Alex Kruger said on

AI decentralized apps are coming for the Web3 throne: DappRadar

AI decentralized apps (DApps) have seen a spike in user activity and could soon challenge gaming and DeFi for the top spot in the DApp ecosystem, according to blockchain analytics platform DappRadar.

Gaming and DeFi are both sitting on 21% dominance in April, judged by percentage of unique active wallets, while AI has climbed to 16%, up from the 11% recorded in the February report, data in DappRadar’s April industry report shows.

“As user interest in artificial intelligence tools grows across industries, AI-powered DApps are steadily carving out their place in the decentralized ecosystem,” DappRadar analyst Sara Gherghelas said.

“If this trend continues, AI could soon challenge the traditional dominance of DeFi and Gaming, signaling a new era in the DApp landscape.”

AI DApps have seen a jump in market dominance this month, while market leaders have declined slightly. Source: DappRadar

At the same time,

Apple makes progress toward its first pair of smart glasses: Report

Apple is reportedly working on its own microchips across multiple product categories, including smart glasses and artificial intelligence — a hint at what’s next for the massive Silicon Valley-based tech giant.

A May 8 report from Bloomberg, citing people familiar with the matter, said the company is working on new processors to power its future devices, including its first smart glasses to rival Meta’s Ray-Bans, more powerful Macs, and artificial intelligence servers.

The smart glasses — a first for Apple — would rely on a specialized chip codenamed N401. The processor is based on Apple Watch chips but is further optimized for power efficiency and designed to control multiple cameras planned for the glasses, the sources said.

Apple’s smart glasses will initially be non-augmented reality versions that will include cameras, microphones and integrated AI, much like <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/meta-smart-glasses-orion-connect-event" rel="null" target="null"