Bitcoin Improvement Proposal (BIP) 110 has entered its mandatory-signaling window, but miners are signaling support at a fraction of the level needed to credibly move the network to a new consensus regime. According to a BIP-110 monitor, support was present in just 51 of the 2,016 blocks preceding block 961,632—about 2.53%—far below the 55% threshold required for early activation. As of block 961,632, nodes enforcing BIP-110 started rejecting blocks that do not set version bit 4. Ordinary Bitcoin nodes, however, continued to accept both signaling and non-signaling blocks. A smaller “BIP-110 branch” appears to have emerged, but it quickly fell behind the chain that most miners are extending. Key takeaways Miners signaled BIP-110 support at about 2.53% in the run-up to block 961,632, well under the 55% early-activation requirement. Starting at block 961,632, enforcement nodes reject blocks missing version bit 4, while non-enforcing nodes still accept them. A minority enforcing bran...
Donald Trump has warned that China could gain control of the global crypto sector as the US delays major market rules. The president stressed that America must protect its leadership in digital assets while lawmakers struggle with the CLARITY Act. His remarks add pressure on Congress as negotiations continue over regulations, ethics rules, and illicit finance provisions. Trump Links Crypto Leadership to US National Strategy Trump has placed cryptocurrency among the technologies that could shape America’s economic position in coming years. He also compared the strategic importance of crypto with artificial intelligence and urged the US to maintain leadership. Meanwhile, his administration continues to promote digital assets as an important part of the American technology sector. The president warned that China could strengthen its position if the US slows crypto development. He also pointed to growing competition among countries seeking greater influence over emerging digital technologi...