Ethereum Fusaka Is Finally Here: Vitalik Says It’s “Big” (But Keep Your Expectations in Check)

Here’s the scoop: Fusaka brings us three major things (or so they say). First up, PeerDAS, which now unlocks an impressive 8x data throughput for rollups-because who doesn’t love more data? This means rollup-based layer 2 networks can now publish more to the network than your aunt can post pictures of her cats. Next, there are UX improvements via the R1 curve & pre-confirmations. (Yes, I’m still trying to figure out what that actually means.) Finally, it’s all about prepping Ethereum for scaling, gas limits, and whatever other buzzwords are still hot in the world of blockchain. Oh, and they’ll keep monitoring for issues over the next 24 hours, so don’t worry. Someone’s on it!

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Russia’s Crypto Mines Now Official Exports: Bitcoin Gets a Gold Star! 🚀

Crypto mining rigs

Mr. Oreshkin, with all the serious gravitas of a man announcing the end of the world, claims that tens of thousands of Bitcoins “effectively flow abroad”-though how exactly they do that without crossing a border is a puzzle for the ages, or at least for the next cryptic memo from the Kremlin. Industry estimations have Russian miners producing somewhere in the vicinity of 55,000 Bitcoin in 2023, with a sad little rebound to about 35,000 in 2024, all while generating close to a billion rubles a day. A tidy sum, but still a far cry from “big country” status, unless you’re counting digital sheep.

Hyperliquid’s $411M HYPE Shuffle: A Tale of Greed & Staking!

But wait! The saga continues. With a flourish worthy of a stage magician, they’ve staked 425,000 HYPE tokens ($14.5 million) across three wallets, as if declaring, “Behold, my loyalty to the blockchain is as deep as my pockets!” 🪙✨ Is this strategic repositioning, or merely a desperate attempt to outshine their rivals in a game of crypto one-upmanship? Only time will tell, though I suspect the answer lies in the glittering allure of their balance sheet. 🚀

🇯🇵💥 $135B BOJ Bomb: Crypto’s Rebound or Just a Blip? 🚀💸

Japan's 30-year Treasury yield chart

Lo and behold, a whopping $350 billion has waltzed back into the ring! 💰 That’s enough liquidity to make even the Fed’s QT look like a tea party. 🫖 Analysts, ever the optimists, are now whispering sweet nothings about the next easing cycle. But hold your horses, folks-has sentiment truly swung from hope to greed? Without that, a bull run is about as likely as a sober night in Ankh-Morpork. 🐂🚫

Bitcoin, Tokens, and the Battle for Global Finance: A Very Different Future

Once upon a time, Larry Fink thought Bitcoin was little more than a glorified money-laundering scheme. Fast forward a few years, and now he’s overseeing the world’s largest Bitcoin ETF at BlackRock. Surprise! Apparently, he had a “soul-searching” moment during Covid-by which we mean, he met some crypto advocates, and his views suddenly flipped like a pancake on Sunday morning. Now, he calls Bitcoin “an asset of fear,” bought by people who are either scared of their money losing value or worried about the apocalypse. No biggie.