SEC Urged to Stop Favoring Late Filers in Crypto ETF Race for Market Share

Bitcoin Core, the main software behind Bitcoin, just doubled down on its position that the network shouldn't be used for nonfinancial transactions—like storing arbitrary data or embedding messages in the blockchain. Their recent statement clarifies that Bitcoin is designed as a financial tool first, pushing back against alternative uses that could bloat the network or dilute its purpose.

Editor’s Note: This isn’t just tech jargon—it’s a big deal for how Bitcoin evolves. By drawing this line, Bitcoin Core is signaling that efficiency and financial utility take priority over experimental uses (like NFT-like inscriptions, which have caused debates over congestion and fees). For users and developers, it’s a reminder that Bitcoin’s roadmap stays focused on money, not becoming a jack-of-all-trades blockchain.

MEXC, a cryptocurrency exchange, is rolling out a new feature called Launchpad that lets users buy Bitcoin at a discount. Think of it like an early-bird sale for crypto—subscribers get BTC below market price, which could be a win for traders looking to stack Bitcoin on the cheap.

Editor’s Note: Discounted Bitcoin is always going to turn heads, especially in a market where every dollar counts. For crypto enthusiasts, this could be a low-risk way to grab more BTC without waiting for a price dip. It also signals that exchanges are getting creative with incentives to attract users—something to watch as competition heats up.

The CEO of Tether, the company behind the world's largest stablecoin, is brushing off talk of an IPO and casually suggesting that a $515 billion valuation might actually be underestimating the company's worth. He’s pointing to Tether’s growing stash of Bitcoin and gold reserves as proof they’re sitting on something bigger.

Editor’s Note: This isn’t just corporate bravado—Tether’s massive reserves and dominance in the stablecoin market make this a big deal for crypto. If even a conservative estimate puts them in half-a-trillion-dollar territory, it signals how much power stablecoins now hold in the financial world. Whether you love or hate Tether, this shows crypto’s quiet giants are playing in the same league as traditional banking heavyweights.

The former Chief Operating Officer of Cardano is raising concerns about the US potentially favoring domestic crypto projects in its reserve strategy, warning that such national bias could backfire. He argues that excluding or sidelining global blockchain innovations—simply because they weren’t "made in America"—might weaken the country’s competitive edge in the long run.

Editor’s Note: Crypto isn’t confined by borders, and this warning taps into a bigger debate about how governments should approach digital assets. If the US plays favorites, it could stifle innovation or push global projects to friendlier markets—something that matters to investors, developers, and anyone who cares about where crypto is headed. It’s a reminder that in a decentralized world, old-school protectionism might not work.

The article suggests that the hardline "Bitcoin maximalist" mindset—where Bitcoin is seen as the only legitimate cryptocurrency—is fading. Instead, a more flexible, pragmatic approach is taking hold, acknowledging that other blockchain technologies might coexist or even complement Bitcoin. The tone isn’t mournful; it’s more about evolution.

Editor’s Note: This isn’t just inside baseball for crypto nerds. If Bitcoin purists are softening their stance, it could signal bigger shifts—like more collaboration between blockchains or fewer ideological battles in the space. For everyday investors, it might mean fewer heated Twitter threads and more practical innovation.