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“Some lucky souls have already received their second migration – and, miracle of miracles, their referral bonuses are actually moving to the mainnet,” the team crowed.

While our trusty Bitcoin briefly rallied, clawing its way back above 1,000 exahash per second (EH/s)-the neat mathematical twin of 1 ZH/s, don’t you know-it’s since taken a bit of a header. The value of a single petahash of output is now a paltry $31.11, roughly 11.64% lower than it was 30 days ago on Feb. 15, 2026. Dash it all, that’s a bit of a blow!

For those not familiar, BIP-110 is a Bitcoin improvement proposal, put forward by a developer under the pseudonym Dathon Ohm in December 2025 with the goal to limit the volume of arbitrary data, images, and video that are being written into the blockchain through protocols such as Ordinals and Runes. One cannot help but observe that the blockchain, originally designed to be a simple ledger, has become something of a digital attic where people insist on storing everything except their common sense.

Bitcoin, that enigmatic specter, teeters on the precipice of its most glorious week since September 2025, a date that now feels like a distant epoch in the annals of financial absurdity. At $71,000, it dances above the abyss, its ascent a cruel joke played upon the fragile psyche of markets.

Bitcoin, in a move worthy of a Gatsby soirée, could one day reach a staggering $1 million per coin, assuming it nabs a respectable chunk of the global store-of-value market now hogged by gold and government bonds, claims Bitwise Asset Management’s CIO, Matt Hougan.

For eons-or at least since the dawn of blockchain-XRP Ledger, much like its venerable cousin Bitcoin, has been chastised for its naked honesty. But fear not, for Vet assures us that the era of modesty is nigh. Enter zero-knowledge proof (ZKP), a technological siren that promises to cloak transactions in an aura of mystery while still whispering sweet nothings of validity to the network. Imagine, if you will, a masquerade ball where every guest is verified without ever revealing their face-a true marvel of cryptographic theater.

In the hallowed halls of CryptoQuant, the oracle GugaOnChain has divined a tale of woe and resilience. The Long-Term Holder SOPR, that arcane metric of profit and loss, teeters at 1.01-a number as unremarkable as a gray sky in November. These veterans, who have clung to their Bitcoins like a miser to his gold, now exit the stage with nary a profit, their wallets as flat as a pancake after a steamroller’s visit. GugaOnChain, with the precision of a lepidopterist, notes that these “veterans” are defending their acquisition cost of $70,675 with the fervor of a knight guarding a castle made of sand.

Balaji Srinivasan, author of The Network State and former CTO of Coinbase, has taken to social media like a disgruntled bureaucrat with a grudge against the system. He argues that the crypto industry must prioritize scalable, reliable infrastructure to support refugees from Ukraine, California, and the Arab Gulf-regions renowned for their… well, let’s say, “diverse” challenges. Srinivasan claims that public blockchains are designed for “wartime mode,” which, if you think about it, is just a fancy way of saying “when the internet is down and your data center is a target.”

In a blog post that promised more than it delivered, the Core Team (those high priests of the blockchain) announced a series of upgrades that would, in due course, allow the network to pretend it was something more than a very elaborate spreadsheet. Among the new‑fangled contraptions was the Pi Launchpad MVP on Testnet, a wondrous device designed to let projects issue tokens that are actually tied to a product-because nothing says “serious finance” like a token that can buy you a cup of tea.

On Friday, they released an announcement that delicately tiptoed around the practicalities of safety, travel, and logistics, as if one could simply conjure calm in a region so tempestuous. Preparations had been advancing with the precision of a well-oiled machine, yet the delicate fabric of international crypto camaraderie demanded patience.