Foundry Digital, a leading Bitcoin mining pool operator, is allowing its clients to vote on Bitcoin Improvement Proposal 110 (BIP-110), which aims to temporarily restrict non-monetary data on the Bitcoin blockchain through a soft fork. Miners can vote using their hashrate, with Foundry signaling "No" until "Yes" votes exceed 51%. The proposal seeks to limit arbitrary data in transactions to keep Bitcoin focused on peer-to-peer money, but it faces opposition from notable industry figures who argue it could invalidate fee-paying transactions. The voting period runs through early August, with Foundry controlling about a third of the network's hashrate, making its position influential in the outcome.
A technical analysis projects Bitcoin could reach between $160,000 and $180,000 by early September 2029, potentially more than doubling from its current price around $83,280. This forecast is based on historical cycle peaks and a rising trendline dat...
Bitcoin dropped about 7% last week, falling from around $87,000 to near $83,000, pressured by weak altcoins, $65.4 million outflows from US spot Bitcoin ETFs, and rising Treasury yields. Major altcoins like Solana, Dogecoin, and Ether also saw signif...
Bitcoin's performance in October has slowed significantly, posting a return of -0.11%, which is far below its historical October average of +18.49%. The cryptocurrency has also seen a decline in its quarterly return to -0.11%, much lower than the typ...
Stacks' native token STX has surged over 50% in the past four weeks, outperforming major cryptocurrencies like Bitcoin and Ethereum. This rally is attributed to Stacks' innovative non-custodial Bitcoin staking system, which allows BTC holders to earn...
On October 13, at least 73 large accounts increased their long positions on Hyperliquid by over $1 million each, raising total estimated exposure by about $292 million. Bitcoin and Ether made up roughly 78.55% of this increase, with the rest spread a...
