Bitcoin Improvement Proposal 110 entered its mandatory-signaling phase at block 961,632 on Saturday, with miners signaling support in just 51 of the preceding 2,016 blocks, or 2.53%, well below the 55% threshold required for early activation, according to the BIP-110 monitor. Starting at block 961,632, nodes enforcing BIP-110 began rejecting blocks that did not set
Bitcoin has reached block 961,632, triggering the long-awaited mandatory signaling period for BIP-110, a controversial proposal designed to temporarily curb non-financial data from being embedded on the network. The proposal entered the signaling phase at around 19:35 UTC on Saturday, with support from miners seldom exceeding 2.5%, a long way short of the 55% mark
The crypto market has yet to shake off the turbulence that has rattled it for weeks. The signals also failed to rule out a further decline in the coming weeks. Capital flow drove much of that weakness, particularly as stablecoin supply kept falling short of demand. Global M2 supply, another major market lever, climbed steadily
In an institutional bear market, a Bitcoin ETF redemption is almost aggressively boring. An investor sells shares, an authorized participant returns a large block to the trust, and the fund either pays cash or transfers $BTC. Its assets shrink while the shares keep trading near net asset value and the custodian carries on. Since the
Paul Sztorc, the developer behind the Drivechain proposal and BIP 300, announced the change in an Aug. 7 update. ECX is a new blockchain that copies Bitcoin’s full transaction history at a set block height, crediting nearly every Bitcoin holder (minus some of Satoshi’s coins) with an equal amount of ECX. Bitcoin’s own network is
Ethereum and Solana, two of the largest blockchain networks by market capitalization, are evaluating whether their current token issuance policies remain appropriate for long-term network security and market health, according to Lucas Tcheyan, Vice President at Galaxy Research. Policy Review Underway Tcheyan said both networks are in the early stages of reassessing the rewards paid
For those who haven’t followed the BIP-110 fight, it is essentially a proposed change to Bitcoin’s rules that would restrict how much non-financial data, such as images or files, users can embed in the blockchain. Supporters argue the restriction would curb what they call “spam” that consumes block space and steer the protocol back toward
Buying the dip in SpaceX (NASDAQ: SPCX) on the day Elon Musk lost his trillionaire status has yet to pay off, with the stock still trading below its June 23 level despite a recent rally. Based on SpaceX’s August 7 closing price of $133.11, the investment would have declined by about 15% from the June
Bitcoin is consolidating near the mid-$60,000s as technical charts place $69,000-$70,000 as the key bullish reclaim zone and roughly $57,000 as critical downside support. A break above resistance could improve $BTC’s weekly structure, while renewed weakness toward $57,000 would strengthen the risk of a deeper bear-market move toward lower support levels. Bitcoin Repeats Prior Bear-Market