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Bitcoin

Bitcoin split after BIP-110 fails, the new chain stopped after two blocks

Bitcoin split after BIP-110 fails, the new chain stopped after two blocks

2 months ago by Crypto InsightsCrypto

Opponents argue that anyone paying the transaction fee has bought the right to use the space however they like, and that miners and node operators should not be deciding which transactions count as legitimate. Bitcoin mining firm AntPool mined the first non-signaling block, which the… Read More

Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins

Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins

2 months ago by Crypto InsightsCrypto

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… Read More

Bitcoin sales and $4 billion cash reserve fuel STRC’s recovery toward par value

Bitcoin sales and $4 billion cash reserve fuel STRC’s recovery toward par value

2 months ago by Crypto InsightsCrypto

Strategy’s (MSTR) perpetual preferred stock, Stretch (STRC), has risen more than 30% from its June low. It is currently trading around $94, after gaining another 1% on Wednesday. STRC bottomed in late June around $71 as bitcoin fell below $60,000. Since then, Strategy has sold… Read More

Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

2 months ago by Crypto InsightsCrypto

SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to $541 million as growth accelerated across… Read More

Trump-backed American Bitcoin (ABTC) executive Matt Prusak joins Giga Energy

Trump-backed American Bitcoin (ABTC) executive Matt Prusak joins Giga Energy

2 months ago by Crypto InsightsCrypto

Matt Prusak, president and interim chief financial officer of Trump-linked bitcoin miner American Bitcoin (ABTC), is leaving the company to join AI and energy infrastructure developer Giga Energy, marking another senior executive move toward the power sector that is increasingly underpinning both bitcoin BTC$62,561.89 mining… Read More

Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market

Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market

2 months ago by Crypto InsightsCrypto

Treasuries rallied across the curve as the oil move eased inflation worries, taking the 10-year yield down four basis points to 4.69% after it hit its highest since January 2025 last week. Nasdaq 100 futures and European share futures both gained 0.8%. Gold added 0.3%… Read More

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