đ Bitcoin: the latest updates (May 19, 2025)đ
1. Trading range and todayâs performance
As of May 19, Bitcoin traded between $102,112.69 (24h low) and $107,068.72 (24h high), settling at $102,988.29, down 0.81âŻ% in the last 24âŻhours.
2. BIPâ177 proposal reignites unit debate
On April 23, developer JohnâŻCarvalho introduced Bitcoin Improvement ProposalâŻ177 to retire âsatoshiâ as the base unit and express 1âŻBTC as 100,000,000 âbitcoins,â effectively splitting the total supply into 21âŻtrillion units. Proponents like JackâŻDorsey argue this simplifies use, while critics say sats are no more complex than fiat cents.
3. Live XâŻSpace with CEO RichardâŻTeng
Today at 13:00âŻUTC (MayâŻ19), Binance hosted an X Space with CEO RichardâŻTeng to share the exchangeâs roadmap and strategic outlook. Such sessions often precede platform feature rollouts and can spur shortâterm volatility in BNB and related pairs.
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Why BTC could gain momentum from here
â˘âŻFixed cap of 21âŻmillion BTC with the next halving due around AprilâŻ2028.
â˘âŻGrowing institutional ETF flows reinforcing longâterm demand.
â˘âŻLayerâŻ2 and protocol upgrades (Lightning Network, Ordinals) boosting usability.
â˘âŻNetwork security and hash rate at allâtime highs, underscoring robustness.
â ď¸ This is my personal commentary, not financial advice! â ď¸
đŹ What catalyst do you think will move Bitcoin next? Letâs discuss below!