How Taproot Changed Bitcoin Multisig's On-Chain Footprint
Taproot made complex Bitcoin multisig wallets look identical to single-sig on-chain. Here's the exact mechanism, the tradeoffs, and what it means for privacy.
№ 086BitcoinBitcoin Dust Threshold: What Makes a UTXO Unspendable
The Bitcoin dust threshold isn't arbitrary. Here's the exact fee logic that turns a tiny UTXO into an unspendable output — and why it matters.
№ 087BitcoinOP_RETURN: How Bitcoin Stores Data On-Chain
OP_RETURN lets anyone embed up to 80 bytes of arbitrary data in a Bitcoin transaction. Here's exactly how it works and what it costs.
№ 088AnalysisBitwise Sees More Bitcoin Downside Ahead
Bitwise's André Dragosch warns of up to 20% more bitcoin downside, sketching a 'max pain' floor near $48,000. What that scenario actually means.
№ 089BitcoinBitcoin Institutionalization Faces a Fundamental Clash
A circular economy founder argues bitcoin institutionalization works against the asset's original design. Here's where the friction actually lives.
№ 090RegulationDeFi Compliance Faces a Reckoning on Two Fronts
A $1.34M Raydium exploit and Botanix's layer-2 shutdown show DeFi's compliance and security gaps colliding with thin demand. What regulators watch next.
№ 091MiningWhy Miners Sometimes Orphan Their Own Blocks
Proof-of-work miners occasionally discard valid blocks they just mined. Here's the exact mechanic, why it happens, and what it reveals about mining incentives.
№ 092BitcoinHow Mempool Congestion Spreads Across Node Clusters
Mempool congestion doesn't hit all nodes at once. Here's how geographic propagation works and why your fee estimate can lag reality by minutes.
№ 093MiningBitcoin's Difficulty Adjustment: Why Two Weeks?
Bitcoin recalibrates mining difficulty every 2,016 blocks. Here's the exact mechanic, why Satoshi picked that window, and what it means in practice.
№ 094MarketsSpaceX IPO Squeezes Crypto as Liquidity Drains
SpaceX's $250B order book is pulling cash from risk assets. Here's why the SpaceX IPO may keep pressuring crypto, and what the SPCX perp is signaling.
№ 095AnalysisAdvisors Pick Stablecoins Over Bitcoin: Bitwise Note
Bitwise's Matt Hougan says 40-plus advisors he spoke with care more about stablecoins and tokenization than Bitcoin. What that shift could mean next.
№ 096MarketsBitcoin ETF Outflows Erase Trump-Era Gains
U.S. spot bitcoin ETF assets have slid to $77.6B, the lowest since November 2024, even as crypto regulation turned friendlier. Here's what's draining the money.