Bitcoin may have just received a Fed boost📈 —BTC is up 2% | Bitcoin.com on Binance Square

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Bitcoin may have just received a Fed boost📈
—BTC is up 2% after Fed held rates steady earlier today. 
—Trading volume spiked 209% and BTC dominance is now at 65.45%.
—Overall crypto market is up 0.95%, and stocks are also up.
Is this the start of a risk-on rally? 🚀

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🚨 Major news from the Bitcoin Core team! They've decided to implement one of the most controversial changes in years: lifting the OP_RETURN output cap to allow transactions exceeding 80 bytes! Developer Gregory Sanders stated that the old limit had become counterproductive and ineffective, leading to harmful workarounds that damage the network. "Large-data inscriptions are happening regardless," he explained, emphasizing the need for a policy that aligns with actual network practices. This change aims to minimize incentives for opaque practices and simplify the relay path for transactions. While the decision has garnered broad but not unanimous support, it hasn't been without controversy, with some dissenters encouraged to run modified software to enforce stricter policies. As the debate continues over what constitutes "spam" on the blockchain, the Bitcoin community is buzzing! What are your thoughts on this significant shift? Let us know below! 👇

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A major shake-up in the global clearing system could be on the horizon! Euroclear, the Belgian financial service giant, is reportedly moving forward with the confiscation of $3 billion in Russian assets held in custody. ⚠️ This decision comes as Euroclear aims to compensate companies affected by asset seizures in Russia, pending approval from the Bulgarian Treasury. However, economists warn that this could set a dangerous precedent for asset utilization during conflicts. U.S. economist Jim Rickards has been vocal about the potential fallout, suggesting that these actions could throw "a monkey wrench" into the world's clearance system. With $200 billion of the $300 billion in Russian assets held by Euroclear, the stakes are incredibly high! Euroclear's CEO, Valerie Urbain, previously cautioned about the risks of such moves, emphasizing the importance of trust in the financial system. As interest from these assets is already funding aid for Ukraine, the situation remains tense. What do you think about Euroclear's bold move? Let us know your thoughts! 👇

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