LATEST: Japanese Fashion Brand ANAP Buys Bitcoin Worth 2 Billion Yen

Japanese fashion brand operator ANAP Holdings has made a bold move by investing 2 billion yen in Bitcoin as a strategic asset. The company revealed that it acquired 16.6591 BTC worth approximately 199 million yen through its newly established subsidiary ANAP Lightning Capital.

The company cited Bitcoin’s strong blockchain foundation proof-of-work model halving cycle and limited supply as key reasons for its decision. It believes these features protect the digital asset from external control and inflation. ANAP also pointed to the approval of Bitcoin ETFs in the US and Hong Kong and growing global interest in crypto as driving factors behind the purchase.

More Japanese firms are joining the Bitcoin movement as part of long-term strategy. Companies like Metaplanet Value Creation Gumi and Enish have already added BTC to their balance sheets. ANAP’s investment signals growing confidence in Bitcoin as a secure and forward-looking financial asset.

LATEST: Canary Capital Proposes Tron ETF with Staking for SEC Approval

Canary Capital has unveiled plans for a groundbreaking ETF in the U.S. that could transform how investors engage with cryptocurrencies. Dubbed the Canary Staked TRX ETF the initiative seeks to mirror the spot price of Tron’s TRX token as per CoinDesk Indices while deducting expenses. The custody of the TRX tokens will be handled by BitGo Trust Company ensuring secure management of the digital assets.

The fund will also venture into staking by allocating portions of its TRX holdings to third-party providers which will generate staking rewards under the safekeeping of BitGo’s control over the private keys. This approach not only promises returns through rewards but also eases the investment process for those familiar with traditional investing channels.

With this move Canary Capital is at the forefront of leveraging the supportive crypto regulations of the current administration. The firm’s aggressive strategy includes filing for multiple crypto-focused ETFs intending to offer a diversified portfolio featuring cryptocurrencies like Solana Litecoin and XRP alongside pioneering efforts like an ETF for the Pudgy Penguins NFT collection.

SEC filing

Bitcoin Core Developer Antoine Poinsot: The Great Consensus Cleanup

While attending the MIT Bitcoin Expo earlier this month I was able to sit down with Bitcoin Core developer Antoine Poinsot.

Currently at Chaincode Labs, Antoine was previously at Wizardsardine, a bitcoin security company behind Revault, a pre-signed transaction based vault, and Liana, a miniscript based Bitcoin wallet. Antoine’s first commit was merged to Bitcoin Core on May 16th, 2019.

We discussed the Great Consensus Cleanup proposal Antoine is putting forward as a prospective soft fork of the Bitcoin protocol modeled on Matt Corallo’s original verson of the proposal from 2019.

Bitcoin has suffered from numerous bugs over the years, with some notably severe events like the…

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Spar Supermarket In Switzerland Starts Accepting Bitcoin

SPAR has begun accepting Bitcoin payments at its Zug, Switzerland location, marking another milestone in Switzerland’s progressive approach to bitcoin adoption. The implementation uses the Lightning Network through DFX Swiss’s OpenCryptoPay solution, enabling instant transactions at the point of sale.

The store’s location in Zug, often called “Crypto Valley,” reflects Switzerland’s embrace of technology. The country has emerged as a global leader in bitcoin adoption, with cities like Zug and Lugano spearheading initiatives to integrate bitcoin into everyday transactions.

Lugano, in particular, has made headlines with its “Plan ₿” initiative, which aims to make bitcoin…

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Bitcoin Covenants: TXHASH And CHECKTXHASHVERIFY(BIP 346)

This is the third article in a series deep diving into individual covenant proposals that have reached a point of maturity meriting an in-depth breakdown.

TXHASH and CHECKTXHASHVERIFY (TXHASH), put forward by Steven Roose and Brandon Black with a BIP number currently unassigned, is a “template based” covenant that can conceptually seen as an extension or more advanced version of CHECKTEMPLATEVERIFY (CTV). 

Before getting into the nitty gritty of how TXHASH works, let’s refresh on the pieces of data in a Bitcoin transaction. 

At a high level you have the outputs, the inputs, and the witness (or script sig for non-Segwit transactions in the input). 

Global transaction fields:

… Read more on BitcoinMagazine

Magic Eden unveils Season 2 of ME token rewards

This is a segment from The Drop newsletter. To read full editions, subscribe.

Crypto marketplace Magic Eden’s Season 2 campaign launched on Thursday to reward users for engaging with its platform.

Staking Magic Eden ME tokens; trading NFTs, Runes, Ordinals or coins; and linking your crypto wallets on Magic Eden will all help you climb the season’s leaderboard to ultimately earn rewards in a few months. Runes are fungible tokens on the bitcoin blockchain, and Ordinals are like NFTs, but on bitcoin. 

Swapping tokens on Magic Eden will also help traders climb the leaderboard, according to a post from the firm. The post suggests the rewards for this season will consist of…

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Arbitrum’s Timeboost goes live, generates $2,491 in DAO revenue on day 1

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

More than a year after its initial announcement, Arbitrum launched Timeboost yesterday.

Timeboost is a new way of ordering transactions on Arbitrum. That seems pretty boring and unexciting on the surface, but hopefully we can show you why it’s a pretty big deal.

Transactions today on Arbitrum are ordered on a simple first come, first serve (FCFS) basis. Seems fair! But it’s problematic in practice:

Financial systems need a way to efficiently process transactions. When markets crash, a lending application like Aave needs a way to quickly liquidate pledged collateral before prices… Read more on Blockworks

The dropout who dared: How Strike is rewiring global money

This is a segment from the Supply Shock newsletter. To read full editions, subscribe.

Rizzo, the Bitcoin Historian here, back this week with the story of one of the younger Bitcoin legends — I’m talking about the one, the only Jack Mallers. 

If you’ve seen Jack in any of the dozens of interviews he’s given from his large, empty closet, you know he’s an eloquent defender of Bitcoin. You may not know his long road to becoming a successful entrepreneur.

Before his work on Strike, he had a few Bitcoin startup ideas that didn’t quite work. Yet all that hard work paid off when he helped an entire nation onboard to a Bitcoin standard.

Bitcoin Legends: Jack… Read more on Blockworks

What Bitcoin Indicators Predict For Q3 2025?

Bitcoin’s 2025 journey hasn’t delivered the explosive bull market surge many expected. After peaking above $100,000, the 2025 Bitcoin price retraced sharply to as low as $75,000, sparking debate among investors and analysts about where we stand in the Bitcoin cycle. In this analysis, we cut through the noise, leveraging on-chain indicators and macro data to determine if the Bitcoin bull market remains intact or if a deeper Bitcoin correction looms in Q3 2025. Key metrics like MVRV Z-Score, Value Days Destroyed (VDD), and Bitcoin capital flows provide critical insights into the market’s next move.

Is Bitcoin’s 2025 Pullback Healthy or Bull Cycle End?

A strong starting…

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