Trillion Energy International has confirmed a light-oil discovery in southeastern Türkiye, near Iraq and Syria, in a region that has rapidly grown to produce 81,000 barrels per day. The company holds a 29% interest in the M47 block, located on a proven geological trend with significant oil potential. Their Çetinkaya-1 well discovered premium-grade light oil, with an independent evaluation estimating 27.6 million barrels net to Trillion, and a total resource potential of 51.6 million barrels across three prospects. Trillion plans further drilling and seismic work in 2026, aiming to develop the field amid high local oil prices and supply disruptions through the Strait of Hormuz, which could boost demand for pipeline-accessible oil. The company's valuation is currently low compared to peers, pending successful drilling and financing.
The BIP-110 proposal aims to temporarily restrict non-financial data on the Bitcoin blockchain to refocus it on payments. Despite significant debate, miner support remains below 1%, with major figures like Michael Saylor and Adam Back opposing it. Th...
Bitcoin peaked at $126,000 in October 2025 before dropping over 30% to around $80,000 by December. Crypto market maker Keyrock linked this decline to a liquidity signal based on net U.S. Treasury bill issuance, showing an 8-month lag between Treasury...
Bitcoin Improvement Proposal 110 (BIP 110), which aims to limit certain non-financial transactions on the Bitcoin blockchain, faces opposition from key figures Adam Back and Michael Saylor. They argue that BIP 110 conflicts with Bitcoin's core princi...
Ethereum's price held steady around $1,800 as institutional investors recorded their first weekly net buying in nine weeks, signaling renewed confidence. Meanwhile, retail investors showed bearish sentiment by increasing selling volume in the perpetu...
Empery Digital's shares increased following the company's sale of Bitcoin assets. The funds raised will be used to support the development of a new AI data center project. This move highlights Empery Digital's strategic shift towards expanding its AI...
