Bitcoin covenant proposals are drawing renewed attention as developers revisit ways to expand Bitcoin’s functionality, but implementing them may be difficult amid governance and client-diversification challenges. According to Cointelegraph, covenants could support applications such as trustless and scalable layer-2 systems, fully non-custodial vaults with more complex spending logic, and more efficient payment channels, yet most approaches would require a soft fork of Bitcoin’s consensus rules, a process likely to trigger community debate. With consensus clients increasingly split between Core and Knots nodes, the article says agreement on such changes appears less likely. It adds that despite Knots proponents pushing their own soft fork proposal, BIP-110, that side generally favors protocol ossification and seems less supportive of base-layer scaling efforts. The controversy surrounding Bitcoin Core, described as both technical and governance-related, is also cited as reducing the near-term prospects for covenant adoption. The article outlines why covenants matter by explaining Bitcoin’s transaction validation model. Bitcoin locking conditions are written in Bitcoin Script, a stack-based, non-Turing-complete language. A sender sets spending conditions via a locking script (scriptPubKey), and a recipient later spends the output by providing an unlocking script (scriptSig) that satisfies those conditions. Script can verify signatures, enforce timelocks, check hash preimages, and combine conditions with propositional logic. However, once a valid unlocking script is provided, the spender can send funds to any arbitrary new locking script, meaning current rules do not let the original sender restrict where coins can be sent afterward. Covenants aim to change that by enabling restrictions on future spending. The concept was introduced by Gregory Maxwell in 2013 and later popularized by Möser, Eyal, and Sirer in 2016, with Maxwell initially proposing zk-SNARK-based restrictions. The article distinguishes basic covenants, which constrain only the next spend but can be chained into predefined sequences, from general covenants, which would allow recursive rules to persist indefinitely but face major technical hurdles and would require significant protocol updates. It also groups proposals into four categories: direct covenant opcodes such as OP_CHECKTEMPLATEVERIFY and SIGHASH_ANYPREVOUT; supporting opcodes like OP_CHECKSIGFROMSTACK and OP_CAT; specialized vault-focused opcodes including OP_VAULT, OP_UNVAULT, and OP_EVICT; and approaches that approximate covenant behavior without a soft fork, such as ColliderScript, Bitcoin PIPE, and FE-based covenants. The article notes that if mainnet fees spike again and the spam wars are resolved, debate around these proposals could regain momentum, while also citing public support for ossification from figures including Michael Saylor.

US companies sought to sell more than $40 billion of debt in the credit markets on Monday as they tried to capitalize on investor optimism after the US and Iran reached a tentative agreement to reopen the Strait of Hormuz, according to Bloomberg,

Stocks climbed around the world as oil slumped after the US and Iran agreed to reopen the Strait of Hormuz, fueling hopes for an end to the war that has roiled markets amid a disruption in energy supplies, according to Bloomberg,

Risk assets are headed for turbulence as the Federal Reserve edges toward a potential interest-rate hiking cycle, Citadel Securities said. Investors are also becoming more discerning about the economic impact of artificial intelligence, according to Bloomberg,

Citi lowered its oil price outlook to levels previously outlined in its bearish scenario. According to Jin10, the bank’s latest quarterly forecasts put oil at $75 per barrel in the third quarter of 2026 and $70 per barrel in the fourth quarter of 2026.

Centene Corp. will offer buyouts to most employees as it seeks to cut expenses after membership in its health insurance plans dropped steeply over the last year. The move was confirmed by a company spokesperson, according to Bloomberg,

European stocks closed modestly higher Monday after giving up most of their earlier gains. In early trading, according to Bloomberg, equities rose after an interim US-Iran agreement to reopen the Strait of Hormuz.

Bank of America initiated coverage of TeraWulf with a buy rating and a $34 price target, citing a favorable view of the company’s shift from Bitcoin mining toward AI data centers. According to NS3.AI, analyst Michael Funk pointed to growing demand for facilities that support AI as a key factor behind the call. The note described TeraWulf’s move into AI-focused data center infrastructure as a positive strategic pivot.

IREN has completed the acquisition of Ingenostrum, S.L., known as Nostrum Group, expanding its power portfolio. According to NS3.AI, the deal adds roughly 490 megawatts of secured, grid-connected power to IREN. The acquisition also brings more than 50 employees to IREN across development, engineering, construction, and operations.

Nvidia Corp. received about $85 billion of orders for its jumbo debt offering. In a sign of strong demand for AI-linked financing, according to Bloomberg, the order book underscored investor appetite for exposure tied to the artificial intelligence boom.

شركة سبيس إكس، طرح أسهمها للاكتتاب العام، أول اختبار لثلاث آليات للاستدامة في يوم إدراجها. غولدن فاينانس: آلية تحديد الأسعار لا تزال فعّالة حتى بدون سوق فورية.

أطلقت Jinse Finance "Jinse Web3.0 Daily"، التي تقدم لكم أحدث وأسرع الأخبار حول الذكاء الاصطناعي، والتمويل اللامركزي، والمنظمات اللامركزية المستقلة، والرموز غير القابلة للاستبدال، وصناعة الميتافيرس.

يحتاج قطاع العملات المشفرة إلى سردية جديدة أكثر من أي وقت مضى، ولكنه يحتاج إلى مطالب جديدة وحقيقية أكثر من ذلك.

تتناول هذه المقالة بالتفصيل كيف تُحدث شركة SpaceX تغييراً جذرياً في نموذج الاكتتاب العام التقليدي ودور البنوك الاستثمارية المتغير في نظام الاكتتاب العام الجديد.

سوق العملات المشفرة، توقعات بانوراما صناعة العملات المشفرة لعام 2029 (جينسي فاينانس): تواجه الصناعة بأكملها حاليًا ثلاثة أسئلة جوهرية نهائية.

الاكتتاب العام الأولي لشركة سبيس إكس، أكبر اكتتاب عام أولي في التاريخ، والفوضى التي تعمّ عالم العملات المشفرة. التمويل الذهبي: أداء الاكتتاب العام الأولي لشركة سبيس إكس، والجدل الدائر حول تقييمها، وتوقيت تخصيص الأسهم.

يحدد جدول التوزيع من يرى الفرصة، بينما يحدد جدول التخصيص من يملكها فعلياً.

لم يغير طرح شركة سبيس إكس للاكتتاب العام منطق تخصيص رأس المال التقليدي.

حالياً، تمّ تحويل ما يقارب 30 مليار دولار من الأصول الحقيقية إلى رموز رقمية على تقنية البلوك تشين، إلا أن 92% منها (حوالي 24.7 مليار دولار) لم تشارك فعلياً في أنشطة التمويل اللامركزي، وهي مجرد أوراق اعتماد رقمية غير مستخدمة. وقد أدّى هذا إلى انقسام سوق الأصول الحقيقية إلى مسارين بحلول عام 2026.

تبرز شركة Unitree Robotics كجيل جديد من عمالقة الأجهزة الصينية، وقد تكون مزاياها في مجال الروبوتات الشبيهة بالبشر أعمق مما يدركه الغرباء.