Bitcoin Improvement Proposal 110 can no longer reach its 55% voluntary miner threshold during the current difficulty period, according to blockchain signaling data and an Aug. 1 analysis from Strategy Executive Chairman Michael Saylor. Strategy’s official website identifies Saylor as the company’s executive chairman. At block 960,561, Saylor counted 24 signaling blocks among 946, equal
Craig Wright, the Australian computer scientist who has long claimed to be Bitcoin creator Satoshi Nakamoto, has renewed his criticism of Bitcoin’s governance model. He has argued that the network’s protocol should remain permanently fixed rather than being modified through developer-led upgrades. Fixed rules, not developer control According to Wright, Bitcoin’s protocol should not be
Leveraged funds’ combined net bearish position across CME’s standard and micro Bitcoin futures narrowed by 5,566.5 $BTC-equivalent between July 21 and July 28. The Commodity Futures Trading Commission’s futures-only report, released at 3:30 p.m. ET on Friday, July 31, captured positions as of Tuesday, July 28. It showed asset managers moving the other way: their
A new Bitcoin transfer has been made from addresses reportedly linked to US President Donald Trump’s media company, Trump Media & Technology Group, to the cryptocurrency exchange CryptoCom. According to on-chain analysis data, addresses associated with Trump Media transferred approximately 2,628 $BTC, worth about $165 million, to CryptoCom. The company was previously estimated to have
Bitcoin [$BTC] closed the trading day at $62.8K, marking the month’s close. It recorded gains of 7.2% in July, but the higher-timeframe price structure remained bearish. The $64K-$65K area was established as a support zone in March and April. However, it now seems to have been flipped to resistance. Source: CryptoQuant On the other hand,
Analyst: BTC To Retest $60K Levels In August But Will Recover Quickly Andrey Poroshin presented a new prediction about bitcoin’s price behavior in August. Poroshin, who serves as a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, expects the crypto market to experience a downturn this month, with
Galaxy Research announced the detection of a third wave of attacks believed to target addresses created on Coldcard devices. The latest wave reportedly resulted in the withdrawal of 207.7294 $BTC, bringing the total loss to 1,367.05 $BTC, or approximately $88.6 million, across 4,585 addresses. According to the research firm, the first two waves of attacks
Strategy Chairman Michael Saylor said the company had never made a commitment to never sell its Bitcoins, but expected to remain a net Bitcoin buyer in the long term. Saylor’s statement came after reports that Strategy had received new authorization allowing it to sell up to $5 billion worth of Bitcoin. Responding to these claims,
Bitcoin’s price is on the move today, prompted by the latest developments on the US-Iran war front, but this time in the opposite direction. After it slipped to another multi-week low yesterday evening, the cryptocurrency has rebounded by approximately $1,500 and now sits at around $63,500. The reason for this is the major de-escalation announced
An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and assume the position is done moving for the week. Bitcoin, however, has other plans. Between Friday’s close and Monday’s opening bell, Donald Trump can announce a tariff, a war can escalate, oil