An attempt by the radical wing of the Bitcoin community to forcibly purge the network of nonfinancial data had the opposite effect. Just days after the high-profile failure of the BIP-110 soft fork, designed to temporarily limit the amount of data bloating the network, Bitcoin was flooded with deliberately “heavy” blocks. Ripple CTO Emeritus David
A Large Bearish Bet on Tokenized SpaceX Shares Onchain analytics account Lookonchain flagged a large short position against SPCX, the tokenized version of SpaceX stock that trades on crypto platforms. The whale placed limit short orders worth approximately $203.47 million at prices between $141.93 and $142.90 per token, a wager that the stock’s price will
Bitcoin price has fallen 2% from $63,895 to an intraday low of $62,667 on Aug. 14 as spot selling, a $125 million whale short, and weak derivatives demand pushed the price toward a key support zone. Bitcoin price action today points to seller control According to data from crypto.news, Bitcoin ($BTC) price was trading near
With its 365-day running return on investment now firmly below 1, Bitcoin has crossed an unsettling threshold for long-term holders. The most recent reading of roughly 0.514 indicates that Bitcoin is only worth roughly 51% of what it was a year ago, making the trailing 12-month holding period clearly unprofitable. Negative period for the market
A review published by security analyst Yajin Zhou says HKDAP runs on an Ethereum contract that is not production-ready, and has Know-Your-Customer (KYC) and revocation controls that do not work as coded. HKDAP is a Hong Kong dollar stablecoin that Standard Chartered-backed Anchorpoint launched on August 12. What’s wrong with HKDAP’s rules? The security analyst
Bitcoin price is stuck within a narrow range, consolidating between $63,000 and $64,000, failing to deliver an upside action after the latest U.S.inflation data. July CPI came in broadly in line with expectations, while PPI was more favourable, rising 0.0% month-over-month versus forecasts of a 0.2% increase. Treasury yields declined as expectations for further rate
Ross Gerber, founder and CEO of asset manager Gerber Kawasaki Wealth, has publicly stated that MicroStrategy co-founder Michael Saylor’s approach to Bitcoin has made him skeptical about the cryptocurrency. In a post on X (formerly Twitter), Gerber said he could no longer take Bitcoin seriously, citing Saylor’s influence and actions as a key factor in
The S&P 500 closed Thursday at a record 7,798.99, while Bitcoin traded at $63,347.73, only a few hundred dollars above an on-chain level that had absorbed every test above it for more than a month. Sellers appear increasingly exhausted, yet new demand remains too weak to pull price away from support, even on a day
Erik Zhang, co-founder and core developer of Neo, has published an article outlining a broader vision for OneGate, repositioning the Neo N3 wallet as a platform for decentralised identity, permissions, and digital rights rather than primarily a transaction tool. The article, titled “Why OneGate Matters,” argues that Web3 should extend user autonomy beyond finance and
South Korean IT services giant LG CNS is developing a platform designed to support the issuance, trading, and distribution of stablecoins, according to the company’s half-year report released on Aug. 14. The move signals a significant enterprise commitment to blockchain-based financial infrastructure in one of Asia’s most advanced digital economies. Blockchain as a core R&D