The Bitcoin Improvement Proposal 110 (BIP-110), a soft fork designed to reduce network spam by blocking non-financial data like images and videos in transactions, failed to gain sufficient support from miners. As of July 4, less than 1% of the total Bitcoin hashrate signaled support, far below the 55% needed for activation. Supporters argued it would preserve Bitcoin's core function as a low-cost peer-to-peer payment system, while critics warned it could break wallets and restrict over 1.7 million BTC from transfers, threatening Bitcoin's reliability. The final chance for activation by users will come in August, but the low miner support casts doubt on its future.
Bitcoin surged above $63,000 for the first time in two weeks, reversing losses from late June as crypto markets rebounded. XRP rose over 5% in a day and nearly 10% over the week, surpassing USDC to become the fifth-largest cryptocurrency by market va...
Binance founder Changpeng Zhao suggested freezing the estimated 1.1 million bitcoins owned by Bitcoin's creator Satoshi Nakamoto if quantum computers threaten Bitcoin's cryptography and the coins remain unmoved. This proposal aims to prevent potentia...
A transfer of 1,000 bitcoins to Coinbase Prime sparked rumors that billionaire Tim Draper was selling his holdings. Draper firmly denied these claims, stating he did not move his BTC and remains a long-term investor. The speculation arose from AI-bas...
Cryptocurrency prices exhibit varied changes, with Bitcoin at $62,854 and Ethereum at $1,785. Significant gains are seen in tokens like ADA, which rose 11.61%, and LAB, which surged 123.54%. Other notable increases include GRAM, PEPE, and ANSEM, whil...
XRP has surged more than 8% recently, breaking out of a price range and forming a golden cross against Bitcoin on the 2-hour chart, signaling growing bullish momentum. This technical indicator, where the 50-day moving average crosses above the 200-da...
