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Bullish
๐ŸšจCrypto in June 2025: Bullish Markets, Binance Innovations, and Whatโ€™s Next for the IndustryBy [Crypt_-Nova] The crypto world is buzzing with energy in June 2025, and if youโ€™re not paying attention, youโ€™re missing out on some game-changing developments! From skyrocketing markets to Binanceโ€™s latest moves, the blockchain space is proving why itโ€™s the most exciting industry on the planet. Letโ€™s dive into the hottest crypto news and unpack what it means for traders, creators, and enthusiasts like you. Ready? Letโ€™s go! ๐Ÿš€ Crypto Markets Surge: Are We in a New Bull Run? Last month, the crypto market flexed its muscles with a jaw-dropping 10.3% surge in May, according to Binance Research. Bitcoin (BTC$BTC ) smashed a new all-time high, fueled by $5.2 billion in ETF inflows and growing institutional adoption. DeFi projects outperformed expectations, and real-world asset (RWA) tokenization hit a staggering $23 billion. Posts on X are calling this the start of a โ€œsupercycle,โ€ with institutions finally jumping in headfirst. {spot}(BTCUSDT) What does this mean for you? If youโ€™re trading on Binance, nowโ€™s the time to keep an eye on altcoins and DeFi tokens, which are riding this wave. But donโ€™t get too cozyโ€”volatility is cryptoโ€™s middle name, so always do your own research (DYOR) before diving in! #Write2Earn #news #BTCโ˜€๏ธ

๐ŸšจCrypto in June 2025: Bullish Markets, Binance Innovations, and Whatโ€™s Next for the Industry

By [Crypt_-Nova]
The crypto world is buzzing with energy in June 2025, and if youโ€™re not paying attention, youโ€™re missing out on some game-changing developments! From skyrocketing markets to Binanceโ€™s latest moves, the blockchain space is proving why itโ€™s the most exciting industry on the planet. Letโ€™s dive into the hottest crypto news and unpack what it means for traders, creators, and enthusiasts like you. Ready? Letโ€™s go! ๐Ÿš€
Crypto Markets Surge: Are We in a New Bull Run?
Last month, the crypto market flexed its muscles with a jaw-dropping 10.3% surge in May, according to Binance Research. Bitcoin (BTC$BTC ) smashed a new all-time high, fueled by $5.2 billion in ETF inflows and growing institutional adoption. DeFi projects outperformed expectations, and real-world asset (RWA) tokenization hit a staggering $23 billion. Posts on X are calling this the start of a โ€œsupercycle,โ€ with institutions finally jumping in headfirst.
What does this mean for you? If youโ€™re trading on Binance, nowโ€™s the time to keep an eye on altcoins and DeFi tokens, which are riding this wave. But donโ€™t get too cozyโ€”volatility is cryptoโ€™s middle name, so always do your own research (DYOR) before diving in!
#Write2Earn #news #BTCโ˜€๏ธ
A trader who previously made $5 million on the ETH/USD pair has opened a short position on ETH ๐Ÿ”ช He entered the trade at an ETH price of $2,792 with 25x leverage. Currently, Ethereum is at $2,800. The current unrealized loss is $700k, and you can follow the trade here. #Whale.Alert #sadstory #news #ETH $ETH
A trader who previously made $5 million on the ETH/USD pair has opened a short position on ETH ๐Ÿ”ช

He entered the trade at an ETH price of $2,792 with 25x leverage. Currently, Ethereum is at $2,800.

The current unrealized loss is $700k, and you can follow the trade here.

#Whale.Alert #sadstory #news #ETH $ETH
Should the listing of Pi on Binance wait for the Mainnet to open completely... or should it accelerate? Binance has often listed projects before they are even fully deployed (such as $APT , $SUI , etc.). PiNetwork already has a community of over 50M active members, an ongoing Mainnet, and a dApps ecosystem. The real question is: Should Binance take the lead and list PI to boost its adoption? #Binance #cz_binance #PiCoreTeam #pi #news
Should the listing of Pi on Binance wait for the Mainnet to open completely... or should it accelerate?

Binance has often listed projects before they are even fully deployed (such as $APT , $SUI , etc.).

PiNetwork already has a community of over 50M active members, an ongoing Mainnet, and a dApps ecosystem.

The real question is: Should Binance take the lead and list PI to boost its adoption?

#Binance #cz_binance #PiCoreTeam #pi #news
YES Without waiting.
NO We have to wait.
6 day(s) left
Crypto funds saw a record $7.05bn in inflows in May, as institutional investors ramped up exposure to digital assets amid mounting market uncertainty, reflecting growing confidence in crypto as a macro hedge and portfolio diversifier. #crypto #news
Crypto funds saw a record $7.05bn in inflows in May, as institutional investors ramped up exposure to digital assets amid mounting market uncertainty, reflecting growing confidence in crypto as a macro hedge and portfolio diversifier.

#crypto #news
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Bearish
$TRUMP {spot}(TRUMPUSDT) #news Breaking News California Attorney General: We are suing President Trump over the deployment of the National Guard to the state
$TRUMP
#news
Breaking News

California Attorney General: We are suing President Trump over the deployment of the National Guard to the state
โš ๏ธ Israel is fully prepared for an operation in Iran. The US is withdrawing diplomatic and military personnel from certain areas of the Middle East due to security concerns. What a lovely morning ๐Ÿ˜  #news #Israel #IranIsraelConflict #bitcoin $BTC
โš ๏ธ Israel is fully prepared for an operation in Iran.

The US is withdrawing diplomatic and military personnel from certain areas of the Middle East due to security concerns.

What a lovely morning ๐Ÿ˜ 

#news #Israel #IranIsraelConflict #bitcoin $BTC
Daily Crypto & Economic Pulse - June 12, 2025 Economic & Political Headlines: Global markets remain cautious as U.S.-China trade tensions escalate, with the U.S. imposing a 55% tariff on Chinese imports, while China retaliates with a 10% levy. Meanwhile, softer-than-expected U.S. CPI data (up just 0.1% MoM) has fueled speculation of earlier Fed rate cuts, weakening the USD and boosting risk assets like crypto. Bitcoin (BTC): El Salvador continues its accumulation strategy, adding 8 BTC this week, bringing its total holdings to 6,204 BTC. The move aligns with President Nayib Bukeleโ€™s long-term bet on BTC as a reserve asset. Solana (SOL): Moodyโ€™s has successfully tested embedding municipal bond credit ratings on Solanaโ€™s blockchain, a milestone for real-world asset (RWA) tokenization. This could accelerate institutional adoption of SOLโ€™s high-speed infrastructure. Hamster (HMSTR): The meme coinโ€™s ecosystem is gaining traction as its parent project, Try Your Best (TYB), secured $11M Series A funding led by Offline Ventures. TYBโ€™s gamified loyalty platform, which rewards users with HMSTR-linked NFTs, aims to bridge Web3 and retail engagement. Singapore tightens crypto oversight, urging unlicensed platforms to exit, while the U.S. Senate advances the GENIUS Stablecoin Act, potentially paving the way for clearer crypto regulations. Stay tuned for tomorrowโ€™s pulse! #News $BTC $SOL $HMSTR #CryptoFees101 {future}(BTCUSDT) {future}(SOLUSDT) {future}(HMSTRUSDT)
Daily Crypto & Economic Pulse - June 12, 2025

Economic & Political Headlines:
Global markets remain cautious as U.S.-China trade tensions escalate, with the U.S. imposing a 55% tariff on Chinese imports, while China retaliates with a 10% levy. Meanwhile, softer-than-expected U.S. CPI data (up just 0.1% MoM) has fueled speculation of earlier Fed rate cuts, weakening the USD and boosting risk assets like crypto.

Bitcoin (BTC): El Salvador continues its accumulation strategy, adding 8 BTC this week, bringing its total holdings to 6,204 BTC. The move aligns with President Nayib Bukeleโ€™s long-term bet on BTC as a reserve asset.
Solana (SOL): Moodyโ€™s has successfully tested embedding municipal bond credit ratings on Solanaโ€™s blockchain, a milestone for real-world asset (RWA) tokenization. This could accelerate institutional adoption of SOLโ€™s high-speed infrastructure.
Hamster (HMSTR): The meme coinโ€™s ecosystem is gaining traction as its parent project, Try Your Best (TYB), secured $11M Series A funding led by Offline Ventures. TYBโ€™s gamified loyalty platform, which rewards users with HMSTR-linked NFTs, aims to bridge Web3 and retail engagement.

Singapore tightens crypto oversight, urging unlicensed platforms to exit, while the U.S. Senate advances the GENIUS Stablecoin Act, potentially paving the way for clearer crypto regulations.

Stay tuned for tomorrowโ€™s pulse!

#News $BTC $SOL $HMSTR #CryptoFees101

AIโ€™s influence in the cryptocurrency industry#news MarketsandMarkets values the global artificial intelligence market at $371.71 billion and expects it to exceed $2407.02 billion in value by 2032. The statistic clearly demonstrates how AI technology can affect many sectors, including cryptocurrency. The Business Research Company reports the generative AI market in the cryptocurrency space alone is expected to grow in value from $760 million in 2024 to $1.02 billion in 2025. Thatโ€™s a CAGR of roughly 34.5%. As readers will know, artificial intelligence boasts an unusual computational ability that helps it extract meaningful insights in real time. In terms of the ADA price, for instance, AI can help traders make more informed predictions about future price movements by combining historical performance, market trends and other data points. And thatโ€™s just scratching the surface โ€“ thereโ€™s much more to how AI is reshaping this space. Providing better security Cyberattacks are a growing concern in industries, and cryptocurrency is no exception. There are more than approximately 940,000 attacks daily worldwide. In the cryptocurrency industry, issues like private key compromises have surged in number , and compromises accounted for almost half (43.8%) of stolen cryptocurrency in 2024, with the total number of stolen funds rising by about 21% that year. Since bad actors reinvent themselves constantly, ignoring cybersecurity can have serious consequences, especially for cryptocurrency exchanges. One example may be the loss of security-conscious customers. According to cxscoop.com, up to 21% never return to brands that suffer cybersecurity incidents. Given the competitive nature of the cryptocurrency industry, such losses can be fatal to companies, and at best, recovering after cyberattacks can be challenging. An IBM report reveals that companies may need at least $4.88 million to recover, which is why many cryptocurrency companies are turning to AI for better protection. AI excels at pattern recognition, making it highly effective in detecting fraud. It examines data like transaction histories and IP addresses to identify malicious activity in real time. For example, blockchain analytics firm Elliptic recently noted potential money laundering on the Bitcoin network after training an AI model using data on about 200 million transactions. The rise of smart trading bots Gathering and processing all the data needed for accurate trading decisions or anomaly detection is no easy task. Errors and delays are common, but AI can quickly assess vast amounts of information and deliver results more quickly than human workers. Many cryptocurrency traders have turned to artificial intelligence as their new hope, leading to the expansion of the global AI cryptocurrency trading bot market, which Research and Markets values at $40.8 billion. If this trend continues, the market could hit $985.2 billion in value in the next few years, translating to a CAGR of 37.2%. Bots can examine large amounts of data, including social media sentiments and global news, and make predictions that give traders a serious edge. But despite such benefits, it doesnโ€™t mean AI is 100% accurate; it needs close monitoring and strategy adjustment to avoid inaccurate predictions. Are there any challenges? According to a ResearchGate publication by Halima Kure and others, data poisoning can reduce classification accuracy in fraud detection models by 22%. Such instances manipulate AI models and can be used to initiate fraudulent transactions. Another common concern with AI algorithms is the โ€˜black boxโ€™ problem. When users donโ€™t understand how an AI system makes its decisions, trust erodes. In an industry like cryptocurrency, where trust is everything, users can perceive trading bots as untrustworthy. Security.org claims that 40% of cryptocurrency owners have doubts about digital currencies. Cryptocurrencyโ€™s volatility and extant unpredictable socio-economics create challenges for artificial intelligenceโ€™s ability to make accurate predictions. If AIโ€™s analytical abilities are overestimated, costs will mount up, regardless of trading strategies. Future developments may address some of these challenges, with observers suggesting AI may continue to dominate the cryptocurrency space. Cryptocurrency companies have been using the technology to improve security measures through real-time monitoring. AI technology can detect an attack before it happens, helping companies avoid significant financial losses. Plus, artificial intelligenceโ€™s computational ability can help investors improve prediction accuracy. By gathering and assessing data from numerous sources, the technology offers real-time insights โ€“ something that once seemed out of reach. Follow ๐Ÿ”ฅ Stay tuned for more updates ๐Ÿš€๐Ÿ˜๐Ÿš€

AIโ€™s influence in the cryptocurrency industry

#news
MarketsandMarkets values the global artificial intelligence market at $371.71 billion and expects it to exceed $2407.02 billion in value by 2032. The statistic clearly demonstrates how AI technology can affect many sectors, including cryptocurrency.
The Business Research Company reports the generative AI market in the cryptocurrency space alone is expected to grow in value from $760 million in 2024 to $1.02 billion in 2025. Thatโ€™s a CAGR of roughly 34.5%. As readers will know, artificial intelligence boasts an unusual computational ability that helps it extract meaningful insights in real time.
In terms of the ADA price, for instance, AI can help traders make more informed predictions about future price movements by combining historical performance, market trends and other data points. And thatโ€™s just scratching the surface โ€“ thereโ€™s much more to how AI is reshaping this space.
Providing better security
Cyberattacks are a growing concern in industries, and cryptocurrency is no exception. There are more than approximately 940,000 attacks daily worldwide. In the cryptocurrency industry, issues like private key compromises have surged in number , and compromises accounted for almost half (43.8%) of stolen cryptocurrency in 2024, with the total number of stolen funds rising by about 21% that year.
Since bad actors reinvent themselves constantly, ignoring cybersecurity can have serious consequences, especially for cryptocurrency exchanges. One example may be the loss of security-conscious customers. According to cxscoop.com, up to 21% never return to brands that suffer cybersecurity incidents.
Given the competitive nature of the cryptocurrency industry, such losses can be fatal to companies, and at best, recovering after cyberattacks can be challenging. An IBM report reveals that companies may need at least $4.88 million to recover, which is why many cryptocurrency companies are turning to AI for better protection.
AI excels at pattern recognition, making it highly effective in detecting fraud. It examines data like transaction histories and IP addresses to identify malicious activity in real time. For example, blockchain analytics firm Elliptic recently noted potential money laundering on the Bitcoin network after training an AI model using data on about 200 million transactions.
The rise of smart trading bots
Gathering and processing all the data needed for accurate trading decisions or anomaly detection is no easy task. Errors and delays are common, but AI can quickly assess vast amounts of information and deliver results more quickly than human workers.
Many cryptocurrency traders have turned to artificial intelligence as their new hope, leading to the expansion of the global AI cryptocurrency trading bot market, which Research and Markets values at $40.8 billion. If this trend continues, the market could hit $985.2 billion in value in the next few years, translating to a CAGR of 37.2%.
Bots can examine large amounts of data, including social media sentiments and global news, and make predictions that give traders a serious edge.
But despite such benefits, it doesnโ€™t mean AI is 100% accurate; it needs close monitoring and strategy adjustment to avoid inaccurate predictions.
Are there any challenges?
According to a ResearchGate publication by Halima Kure and others, data poisoning can reduce classification accuracy in fraud detection models by 22%. Such instances manipulate AI models and can be used to initiate fraudulent transactions.
Another common concern with AI algorithms is the โ€˜black boxโ€™ problem. When users donโ€™t understand how an AI system makes its decisions, trust erodes. In an industry like cryptocurrency, where trust is everything, users can perceive trading bots as untrustworthy. Security.org claims that 40% of cryptocurrency owners have doubts about digital currencies.
Cryptocurrencyโ€™s volatility and extant unpredictable socio-economics create challenges for artificial intelligenceโ€™s ability to make accurate predictions. If AIโ€™s analytical abilities are overestimated, costs will mount up, regardless of trading strategies.
Future developments may address some of these challenges, with observers suggesting AI may continue to dominate the cryptocurrency space.
Cryptocurrency companies have been using the technology to improve security measures through real-time monitoring. AI technology can detect an attack before it happens, helping companies avoid significant financial losses. Plus, artificial intelligenceโ€™s computational ability can help investors improve prediction accuracy. By gathering and assessing data from numerous sources, the technology offers real-time insights โ€“ something that once seemed out of reach.

Follow ๐Ÿ”ฅ Stay tuned for more updates ๐Ÿš€๐Ÿ˜๐Ÿš€
Crypto-Friendly Regulation in the US#news #NewsBitcoin #NewsUpdated In the US, lawmakers are opening up to cryptocurrencies. A new draft law aims to create legal certainty for developers, nodes, and DeFi, while the securities regulator SEC, under its new chairman, seeks to adapt regulation to cryptoโ€”rather than forcing crypto to adapt to it. At its core, the legal situation is clear: anyone who custodies cryptocurrencies like Bitcoin on behalf of others is considered a financial service provider and is regulated accordingly. Those who donโ€™t perform this function remain unregulated. There is a broad global consensus on this point. However, some important questions remain troublingly unanswered in detail: What about developers who, like those working on Tornado Cash or Samourai, write software that protects privacy? What about operators of nodes, especially for Lightning, and miners or validators? What about those providing liquidity on decentralized finance (DeFi) markets? The Clarity Act, currently being discussed in the US House of Representatives, seeks to establish legal certainty in such cases. It introduces the concept of a โ€žnon-controllingโ€œ actor. This refers to individuals who write code or help other users self-custody coins and tokens, and therefore should not be treated as financial service providers. As a result, such lawsuits against developers would be preempted. Furthermore, the law exempts a range of DeFi applications from oversight by the CFTC as long as there is no evidence of fraud or manipulation in these systems. Additionally, operators of nodes, oracles, and liquidity providersโ€”such as those in DeFi poolsโ€”are not required to register and remain unregulated. Essentially, the legislation affirms existing practices that are already common but do not yet enjoy legal protection. Individual lawsuits, such as those against the developers of Tornado Cash or Samourai, as well as against DAOs, illustrate the legal uncertainty that can come with this. By providing clarity on these issues, the Clarity Act gives wallet developers, DeFi founders, node operatorsโ€”including those on Lightning!โ€”and liquidity providers legal security. In this respect, it represents a major step forward. The Clarity Act also represents the currently favorable climate toward crypto in the US. This is further illustrated by statements from Paul Atkins, the new chairman of the securities regulator SEC. Self-custody as a Fundamental American Value Atkins delivered a speech at the SECโ€™s โ€žCrypto Task Force roundtable on Decentralized Finance (DeFi)โ€œ titled โ€žDeFi and the American Spiritโ€œ. During his remarks, he made it clear that โ€žvoluntary participation in a proof-of-work or proof-of-stake network as a miner, validator, or staking-as-a-service provider does not fall under the federal securities laws.โ€œ This remains the status quo, which, however, has not previously enjoyed legal certainty. Now, at least from the SECโ€™s perspective, it is clear that miners and validators are not subject to regulation. Atkins also advocates strengthening the idealistic core of Bitcoin and cryptoโ€”self-sovereignty. โ€žI support allowing market participants greater flexibility to self-custody crypto assets, especially when intermediaries impose unnecessary transaction costs or restrict the ability to stake or otherwise participate in on-chain activities.โ€œ Self-custody, Atkins noted, is a fundamental American value. Regulating New Ideas with New Rules At the same event, SEC Commissioner Mark T. Uyeda explained how the SEC intends to regulate DeFi: Approaches so far have been non-transparent and discouraging for founders. The Crypto Task Force aims to change this, as its mandate is to provide answers to many pressing questions. โ€žThe SEC is committed to high-quality regulation. This takes time,โ€œ he urges the market for patience. He is still uncertain what the ideal regulation should look like, โ€žbut the path begins with seeking input from the public.โ€œ The process will be frustrating and arduous, but โ€žby learning from DeFi innovators, we have a better chance of regulating securities transactions in DeFi and protecting American investors when they use decentralized services and products.โ€œ Uyeda sees DeFi as โ€ža new landscape of opportunity. People can transfer directly with one another, without relying on banks or other central intermediaries.โ€œ The SEC should not shy away from โ€žsupervising new ideas simply because those ideas require thinking outside the existing framework.โ€œ The traditional basis for regulatory oversight has assumed the existence of numerous intermediaries. According to Uyeda, the SEC must now break away from this assumption to provide an appropriate response to the regulatory challenges of DeFi. This would indeed mark a radical change of course. While crypto has so far been regulated according to the standards of legacy finance, the SEC now wants to adapt regulation to the unique nature of crypto itself. One can only hope that this new perspective will be adopted internationally. Follow ๐Ÿ”ฅ Stay tuned for more updates ๐Ÿš€๐Ÿ˜๐Ÿš€

Crypto-Friendly Regulation in the US

#news #NewsBitcoin #NewsUpdated
In the US, lawmakers are opening up to cryptocurrencies. A new draft law aims to create legal certainty for developers, nodes, and DeFi, while the securities regulator SEC, under its new chairman, seeks to adapt regulation to cryptoโ€”rather than forcing crypto to adapt to it.
At its core, the legal situation is clear: anyone who custodies cryptocurrencies like Bitcoin on behalf of others is considered a financial service provider and is regulated accordingly. Those who donโ€™t perform this function remain unregulated. There is a broad global consensus on this point.
However, some important questions remain troublingly unanswered in detail: What about developers who, like those working on Tornado Cash or Samourai, write software that protects privacy? What about operators of nodes, especially for Lightning, and miners or validators? What about those providing liquidity on decentralized finance (DeFi) markets?
The Clarity Act, currently being discussed in the US House of Representatives, seeks to establish legal certainty in such cases. It introduces the concept of a โ€žnon-controllingโ€œ actor. This refers to individuals who write code or help other users self-custody coins and tokens, and therefore should not be treated as financial service providers. As a result, such lawsuits against developers would be preempted.
Furthermore, the law exempts a range of DeFi applications from oversight by the CFTC as long as there is no evidence of fraud or manipulation in these systems. Additionally, operators of nodes, oracles, and liquidity providersโ€”such as those in DeFi poolsโ€”are not required to register and remain unregulated.
Essentially, the legislation affirms existing practices that are already common but do not yet enjoy legal protection. Individual lawsuits, such as those against the developers of Tornado Cash or Samourai, as well as against DAOs, illustrate the legal uncertainty that can come with this.
By providing clarity on these issues, the Clarity Act gives wallet developers, DeFi founders, node operatorsโ€”including those on Lightning!โ€”and liquidity providers legal security. In this respect, it represents a major step forward.
The Clarity Act also represents the currently favorable climate toward crypto in the US. This is further illustrated by statements from Paul Atkins, the new chairman of the securities regulator SEC.
Self-custody as a Fundamental American Value
Atkins delivered a speech at the SECโ€™s โ€žCrypto Task Force roundtable on Decentralized Finance (DeFi)โ€œ titled โ€žDeFi and the American Spiritโ€œ.
During his remarks, he made it clear that โ€žvoluntary participation in a proof-of-work or proof-of-stake network as a miner, validator, or staking-as-a-service provider does not fall under the federal securities laws.โ€œ This remains the status quo, which, however, has not previously enjoyed legal certainty. Now, at least from the SECโ€™s perspective, it is clear that miners and validators are not subject to regulation.
Atkins also advocates strengthening the idealistic core of Bitcoin and cryptoโ€”self-sovereignty. โ€žI support allowing market participants greater flexibility to self-custody crypto assets, especially when intermediaries impose unnecessary transaction costs or restrict the ability to stake or otherwise participate in on-chain activities.โ€œ
Self-custody, Atkins noted, is a fundamental American value.
Regulating New Ideas with New Rules
At the same event, SEC Commissioner Mark T. Uyeda explained how the SEC intends to regulate DeFi: Approaches so far have been non-transparent and discouraging for founders. The Crypto Task Force aims to change this, as its mandate is to provide answers to many pressing questions.
โ€žThe SEC is committed to high-quality regulation. This takes time,โ€œ he urges the market for patience. He is still uncertain what the ideal regulation should look like, โ€žbut the path begins with seeking input from the public.โ€œ The process will be frustrating and arduous, but โ€žby learning from DeFi innovators, we have a better chance of regulating securities transactions in DeFi and protecting American investors when they use decentralized services and products.โ€œ
Uyeda sees DeFi as โ€ža new landscape of opportunity. People can transfer directly with one another, without relying on banks or other central intermediaries.โ€œ The SEC should not shy away from โ€žsupervising new ideas simply because those ideas require thinking outside the existing framework.โ€œ
The traditional basis for regulatory oversight has assumed the existence of numerous intermediaries. According to Uyeda, the SEC must now break away from this assumption to provide an appropriate response to the regulatory challenges of DeFi.
This would indeed mark a radical change of course. While crypto has so far been regulated according to the standards of legacy finance, the SEC now wants to adapt regulation to the unique nature of crypto itself. One can only hope that this new perspective will be adopted internationally.

Follow ๐Ÿ”ฅ Stay tuned for more updates ๐Ÿš€๐Ÿ˜๐Ÿš€
I regret some of my posts about President @realDonaldTrump last week. They went too far. A truly brilliant plan by Elon Musk and Donald Trump to manipulate stock and Bitcoin prices โœ… #news #crypto #elonmusk
I regret some of my posts about President @realDonaldTrump last week. They went too far.
A truly brilliant plan by Elon Musk and Donald Trump to manipulate stock and Bitcoin prices โœ…
#news #crypto #elonmusk
Bitcoin NewsBitcoin Software Update to Expand Blockchain Data Capacity According to Cointelegraph, a forthcoming Bitcoin software update is set to significantly increase the data capacity on the blockchain, sparking debate within the community. The Bitcoin Core 30 update, scheduled for release on October 30, will remove the existing 80-byte limit on the OP_RETURN function, allowing each output to carry up to 4 megabytes of data. This change was announced by Bitcoin Core developer Gloria Zhao on GitHub, following a statement signed by 31 Bitcoin Core developers supporting the modification, known as merged pull request (MPR) #32406. The decision to remove the data limit was initially indicated by developers on May 5. The OP_RETURN function gained attention last year during the Ordinals craze, enabling users to store various types of data on the Bitcoin blockchain, from non-fungible token-like collections to historical documents like the Afghan war logs published by WikiLeaks in 2010. However, the proposed change has stirred controversy among conservative members of the Bitcoin community, who argue that non-financial data could clutter the blockchain with unnecessary information, detracting from its primary purpose of facilitating peer-to-peer Bitcoin (BTC) transactions. Alexander Lin, co-founder of crypto investment firm Reforge, expressed concerns on social media platform X, labeling the data limit expansion as a "terrible mistake" and warning that it could increase systemic risks to Bitcoin's core property as sound money. Despite the opposition, some Bitcoiners, including Peter Todd, the lead author of the proposal, advocate for the increased data limit, suggesting it could broaden Bitcoin's applications beyond financial transactions. In a GitHub statement, Zhao emphasized the developers' preference for a hands-off approach, allowing users to decide how they utilize the blockchain: "Demanding that Bitcoin Core prevent certain transactions from being mined reflects a misunderstanding of the relationship between open source software users and developers." However, the decision has led to dissatisfaction among several Bitcoiners, including Dennis Porter, CEO of the Satoshi Action Fund, who expressed disappointment and announced he would cease supporting Bitcoin Core development. The controversy has also impacted Bitcoin Core's market share. Since the introduction of MPR #32406 on April 28, Bitcoin Core's dominance in the market share of Bitcoin nodes has decreased from approximately 98% to just over 88%, according to data shared by a pseudonymous Bitcoiner on X. The Bitcoin Knots client has gained nearly all of the lost market share, now accounting for 11.48%, as reported by coin.dance data. Bitcoin commentator Matthew R. Kratter warned that the decision to increase the data limit could pose long-term challenges for Bitcoin Core, potentially reducing its dominance to the 20-30% range within the next one to three years.

Bitcoin News

Bitcoin Software Update to Expand Blockchain Data Capacity
According to Cointelegraph, a forthcoming Bitcoin software update is set to significantly increase the data capacity on the blockchain, sparking debate within the community. The Bitcoin Core 30 update, scheduled for release on October 30, will remove the existing 80-byte limit on the OP_RETURN function, allowing each output to carry up to 4 megabytes of data. This change was announced by Bitcoin Core developer Gloria Zhao on GitHub, following a statement signed by 31 Bitcoin Core developers supporting the modification, known as merged pull request (MPR) #32406. The decision to remove the data limit was initially indicated by developers on May 5.
The OP_RETURN function gained attention last year during the Ordinals craze, enabling users to store various types of data on the Bitcoin blockchain, from non-fungible token-like collections to historical documents like the Afghan war logs published by WikiLeaks in 2010. However, the proposed change has stirred controversy among conservative members of the Bitcoin community, who argue that non-financial data could clutter the blockchain with unnecessary information, detracting from its primary purpose of facilitating peer-to-peer Bitcoin (BTC) transactions. Alexander Lin, co-founder of crypto investment firm Reforge, expressed concerns on social media platform X, labeling the data limit expansion as a "terrible mistake" and warning that it could increase systemic risks to Bitcoin's core property as sound money.
Despite the opposition, some Bitcoiners, including Peter Todd, the lead author of the proposal, advocate for the increased data limit, suggesting it could broaden Bitcoin's applications beyond financial transactions. In a GitHub statement, Zhao emphasized the developers' preference for a hands-off approach, allowing users to decide how they utilize the blockchain: "Demanding that Bitcoin Core prevent certain transactions from being mined reflects a misunderstanding of the relationship between open source software users and developers." However, the decision has led to dissatisfaction among several Bitcoiners, including Dennis Porter, CEO of the Satoshi Action Fund, who expressed disappointment and announced he would cease supporting Bitcoin Core development.
The controversy has also impacted Bitcoin Core's market share. Since the introduction of MPR #32406 on April 28, Bitcoin Core's dominance in the market share of Bitcoin nodes has decreased from approximately 98% to just over 88%, according to data shared by a pseudonymous Bitcoiner on X. The Bitcoin Knots client has gained nearly all of the lost market share, now accounting for 11.48%, as reported by coin.dance data. Bitcoin commentator Matthew R. Kratter warned that the decision to increase the data limit could pose long-term challenges for Bitcoin Core, potentially reducing its dominance to the 20-30% range within the next one to three years.
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