The minority chain mined two blocks in eight hours, then froze. With 99.85% of hashpower on the original chain, the Reduced Data Temporary Softfork is the most decisive governance rejection since SegWit2x. Its backers are now talking about replacing the miners entirely. Bitcoin’s latest governance crisis lasted about eight hours. On the morning of August
In a significant on-chain move, an anonymous Bitcoin whale has transferred 1,274 BTC — valued at approximately $81.5 million — to major crypto trading firms Cumberland, FalconX, and Galaxy Digital over the past seven hours, according to blockchain tracking platform Lookonchain. Such transfers to OTC desks or prime brokers are often interpreted as a precursor
David Schwartz, chief technology officer at Ripple and one of the key architects of the XRP Ledger, weighed in strongly on the recent controversy surrounding the failed activation of Bitcoin Improvement Proposal 110 (BIP-110). Bitcoin Knots faces criticism over chain split narrative Schwartz delivered a pointed response to a statement by Bitcoin Knots, a Bitcoin
With Bitcoin [$BTC] attempting to stabilize near $65,200, Short-Term Holder (STH) behavior is becoming increasingly important for its recovery. In fact, at the time of writing, the 30-day STH SOPR had risen to 0.997, placing it just below the neutral 1.0 threshold. The fact that STHs are making a small loss on sales right now
BlackRock’s head of digital assets, Robbie Mitchnick, said investor sentiment toward Bitcoin has improved noticeably over the past month, according to The Block. He also noted that Bitcoin began decoupling from stocks earlier this year, showing relative strength when AI-related shares faced a sharp correction in July. What the Decoupling Means for Investors Mitchnick said
Institutional demand for bitcoin-backed loans is accelerating as lenders are offering larger facilities, longer maturities and more tailored terms. MARA Holdings (MARA) provided one of the clearest examples this month, pledging 18,750 $BTC to secure $600 million through two term loans from Coinbase Credit and Two Prime Lending. The collateral, representing roughly 53% of Marathon’s
Brazil-listed investment firm OranjeBTC has expanded its Bitcoin reserves by an additional 2 $BTC, according to data tracked by BitcoinTreasuries.net. The purchase, executed yesterday, brings the company’s total holdings to 3,950 $BTC, positioning it 23rd among publicly traded companies globally by Bitcoin ownership. Strategic Accumulation Continues OranjeBTC’s latest acquisition is part of a broader pattern
Software stocks are breaking away from bitcoin BTC$64,223.26. The iShares Expanded Tech-Software Sector ETF (IGV), has climbed to a one-year high relative to the largest cryptocurrency, with the ratio reaching 0.0016. Bitcoin and IGV traded largely in lockstep for years, but that relationship began to breakdown in May. IGV is now down only 1% in
Luke Dashjr, one of the key proponents of BIP-110 soft-fork attempt, has been removed from his position as an editor of such proposals for the development of the Bitcoin network. The motion’s forwarding and subsequent carrying followed shortly after the controversial BIP-110, an attempt to temporarily restrict use of the Bitcoin network for non-financial purposes,