Bitcoin entered BIP-110’s final ordinary 2,016-block window on July 25 with miner support at 0.89%. The proposal requires 1,109 blocks, or 55%, for ordinary lock-in, and its mandatory version-bit phase can begin in August if support stays below that threshold. Jameson Lopp has framed Consensus Cleanup, covenants, and quantum preparation as Bitcoin’s next agenda. He…
Your look at what’s coming in the week starting Aug. 3
A suspected fourth wave of attacks targeting vulnerable Coldcard-generated Bitcoin wallets may already be underway, with blockchain researcher Alex Thorn warning on August 3 that almost 449 BTC had been swept from hundreds of addresses in about two and a half hours. The latest activity, which was still unfolding as Thorn posted, follows three earlier…
PowerCompute, a Bitcoin miner expanding into high-performance computing, disclosed that its US Digital subsidiary borrowed about $18.07 million from Arch Lending under two bridge notes signed July 27. The notes had a listed July 31 maturity, four days after signing, and permitted payment until 5 p.m. ET on Aug. 1. The proceeds were intended to…
Oil and Treasury yields fell after fresh U.S.-Iran talks eased inflation fears, but bitcoin and ether failed to catch a bid as fresh Coldcard-linked sweeps pushed observed losses to nearly $89 million.
Crypto platform Luno has stopped customers covered by its regional-exit notice from sending their crypto to another wallet or exchange. With that option closed, their remaining standard route is to sell their holdings and withdraw the cash to a bank by Aug. 31 before Luno closes their accounts on Sept. 1. Restrictions began June 1,…
Wallets tied to the Truth Social parent now hold about as much bitcoin as the company previously pledged as note collateral, making its next 10-Q the key test of whether recent Crypto.com transfers were custody moves or sales.
Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200-week moving average, a key long-term support level that the cryptocurrency has historically respected.
Zhibao Technology, a Nasdaq-listed Chinese insurtech company, signed a $154.7 million private investment in public equity (PIPE) agreement payable in 2,380 BTC. If it closes, investors would take control of the board and management. No closing had been disclosed as of Aug. 1. Under the July 31 securities purchase agreement, investors would buy 442 million…
Bitcoin, the altcoins, and the broader financial markets face another eventful week, with geopolitical developments, key US labor data, major earnings reports, and fresh economic indicators all capable of influencing investor sentiment. The cryptocurrency market is in a fragile place once again. The weekend moves on the war front in the Middle East did little…