Michael Saylor Calls BIP-110 Bitcoin’s Biggest Self-Inflicted Risk

MicroStrategy co-founder Michael Saylor says Bitcoin ($BTC) has won the global narrative war, but flags BIP-110 protocol changes as the asset’s greatest remaining threat. Meanwhile, Bitcoin Conference organizer David Bailey extends an invitation to BIP-110 supporters, invigorating debate that has split the Bitcoin community into opposing camps. BIP-110 is a proposal to change how new […]

Jimmy Song explains why Bitcoin needs a ‘conservative’ node client

The Bitcoin (BTC) network needs a “conservative” Bitcoin client node software implementation to preserve its monetary properties and strengthen network decentralization, according to Jimmy Song, co-founder of ProductionReady, a non-profit organization funding open source Bitcoin node software development and education. The organization has a “bias” against significant code changes, unless there is “overwhelming” community support […]

Bitcoin Price Eyes $70K as RVTS Signals Historic Network Weakness

The pioneer cryptocurrency Bitcoin remained silent on Saturday, March 4th, as its price traded around $67,000. Such low volatility trading is common over the weekend, as institutional investors from traditional markets are offline. However, the latest on-chain data indicate that Bitcoin’s network utilization has plunged to its level since recorded, which analysts predict as a […]