While some players see the Internet Capital Market as the future of startup financing, others see it purely as a profit-making tool. Without discipline or long-term synergy, ICM risks becoming just another “pump and dump” venue.

Odaily Planet Daily News: The Texas State Legislature is advancing a bill called SB21 to establish the "Texas Strategic Bitcoin Reserve". The bill has been submitted to the state's House of Representatives and is expected to be reviewed for the second time on May 20. If it is finally passed, Texas will become the third state government in the United States to approve the establishment of a Bitcoin reserve after New Hampshire and Arizona. It is reported that the bill authorizes the state comptroller to establish a special fund outside the Treasury Department to purchase digital assets with a market value of more than US$500 billion, currently only including Bitcoin. Funding sources may include legislative appropriations, airdrops, forks, investment income, and public or private donations. The reserve assets will be stored in cold wallets and supervised by an advisory committee. (DL News)

Odaily Planet Daily News Crypto analyst Willy Woo said in an article on the X platform that Bitcoin has long passed the stage of several times the annual increase in 2017. In 2020, Bitcoin began to be institutionalized, and companies and sovereign states began to increase their holdings, with the compound annual growth rate falling from more than 100% to 30 to 40%. As the network continues to store more capital, the annual compound growth rate is on a downward trend. Bitcoin is now traded as the latest macro asset in 150 years, and it will continue to absorb global capital until it reaches a certain "equilibrium point". Considering that long-term monetary expansion is about 5% and GDP growth is 3%, I think Bitcoin's final annual compound growth rate will stabilize at around 8%. And before reaching the "equilibrium point", it may take another 15 to 20 years. There are almost no other publicly investable assets that can match Bitcoin in long-term performance.

Odaily Planet Daily News: Saifedean Ammous, the author of "The Bitcoin Standard" and an economist, expressed his willingness to fund full-time developers to increase the cost of spam inscriptions on the Bitcoin network to curb its proliferation. He compared this problem to spam in emails, and believed that technical means should be used to make the generation of spam data more expensive, thereby reducing its impact on the network. Saifedean Ammous emphasized that combating spam data is not an act of censorship, but a legitimate means for node operators to maintain the health of the network. He also proposed to "abandon" the work of developers who specialize in developing spam data tools, and even hire external developers to suppress these systems. This debate reflects the ongoing disagreement within the Bitcoin community over the use of the network. As the amount of spam data on the chain increases, calls for technical countermeasures are growing. (Cointelegraph)

Dogecoin could be finally ready for surge if this resistance is broken source: https://u.today/dogecoin-doge-price-rally-starting-now-but-theres-catch

According to Cointelegraph, economist and author of The Bitcoin Standard, Saifedean Ammous, has entered the ongoing discussion regarding spam inscriptions on the Bitcoin network. Ammous expressed willingness to contribute financially to support a full-time developer dedicated to making Bitcoin spamming more challenging and costly. Ammous's comments were in response to a thread initiated by the pseudonymous developer GrassFedBitcoin, who advocated for Bitcoin Core to merge pull request #28408. This proposal aims to enable node operators to filter inscriptions more effectively, addressing concerns about blockchain bloat and Bitcoin's role as a monetary protocol. GrassFedBitcoin argued that the absence of inscription filtering tools leads to unnecessary data congestion and undermines Bitcoin's primary function. He suggested implementing a configurable, default policy to discourage using Bitcoin for storing non-monetary data, such as JPEGs. Blockstream CEO Adam Back countered the proposal, describing inscription filtering as an "arms race." He highlighted the adaptability of spam data embedded in Bitcoin transactions, which can be continuously modified using various code structures, necessitating constant updates to filtering tools. Ammous compared the Bitcoin spam issue to email spam, emphasizing the ongoing societal battle against spam without abandoning the underlying system. He asserted that combating spam is not censorship, as node operators already reject invalid transactions. The debate attracted input from other participants, with one suggesting that Core developers treat spam-coding employees at certain startups as "unwilling QA engineers" and unstandardize every trick they deploy. Ammous further proposed "deprecating" the work of developers creating spam tools and hiring external coders to overwhelm their systems. This conversation highlights persistent tensions within the Bitcoin community regarding the network's intended use. As inscriptions continue to congest the network, calls for technical countermeasures and critiques of those defending spam are intensifying. A report from Mempool Research on February 4 indicated that the adoption of inscriptions could increase the Bitcoin network's average block size to as much as 4 megabytes per block, significantly higher than the current average of 1.5 megabytes.

Economist and author of The Bitcoin Standard, Saifedean Ammous, has weighed in on the ongoing debate over spam inscriptions on the Bitcoin network, suggesting he would “throw in a few sats” to fund a full-time developer focused on making Bitcoin spamming more difficult and expensive. Ammous made the remarks in response to a thread initiated by the pseudonymous developer GrassFedBitcoin, who called for Bitcoin Core to merge pull request #28408, which would enable node operators to filter inscriptions more easily. According to GrassFedBitcoin, the lack of inscription filtering tools contributes to unnecessary blockchain bloat and undermines Bitcoin (BTC)’s role as a monetary protocol. “No one running a node wants to relay inscriptions,” he wrote, arguing that the OP_RETURN limit increases were justified in the past under false assumptions source: https://cointelegraph.com/news/saifedean-ammous-funds-dev-to-fight-bitcoin-spam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Base – 9. 78M active addresses (+42%) BNB Chain – 7. 88M (+4. 8%) Ethereum – 2. 18M (+9. 2%) Polygon – 2. 08M (+2. source: https://coindoo.com/best-performing-evm-chains-based-on-active-addresses-last-7-days/

أصبحت ألمانيا في طليعة الدول الأوروبية في مجال تنظيم العملات الرقمية. حيث تمثل 36% من جميع التراخيص الصادرة بموجب إطار عمل الأسواق في الأصول الرقمية (MiCA). تعززت هذه المكانة القيادية بموافقة بافين الأخيرة على ترخيص MiCA كامل لمنصة Trade Republic، وهي واحدة من أبرز منصات التكنولوجيا المالية في القارة. حصلت Trade Republic على ترخيص MiCA كامل بينما تعزز ألمانيا تفوقها في مجال العملات الرقمية يمنح الترخيص Trade Republic الإذن بتقديم خدمات حفظ العملات الرقمية وتسهيل التحويلات source: https://ar.beincrypto.com/germany-secures-most-eu-mica-crypto-licenses/

The global cryptocurrency market cap now stands at $3.27T, down by -1.74% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $102,640 and $104,088 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $103,969, up by 1.06%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include NEIRO, PNUT, and FXS, up by 39%, 27%, and 21%, respectively. Top stories of the day: Cryptocurrency Funding Rates Show Cautious Optimism Tim Draper Continues Bitcoin Investments Amid Bold Predictions Texas Bitcoin Reserve Bill Awaits Crucial Vote El Salvador Increases Bitcoin Holdings Amid IMF Pressure Bitcoin's Market Dominance Expected to Stabilize Amid Economic Uncertainty UK to Enforce New Crypto Reporting Rules in 2026 Market movers: ETH: $2517.49 (+1.70%) XRP: $2.3927 (+1.50%) BNB: $647.19 (+1.00%) SOL: $171.13 (+2.22%) DOGE: $0.22355 (+4.01%) ADA: $0.7599 (-0.84%) TRX: $0.2729 (+2.17%) WBTC: $103903.75 (+1.04%) TRUMP: $13.06 (+4.98%) SUI: $3.8507 (+1.88%) Top gainers on Binance: NEIRO/USDT (+39%) PNUT/USDT (+27%) FXS/USDT (+21%)

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