Skip to main content

Posts

Bitcoin BIP-110 Moves to Mandatory Signaling After Low Miner Support

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...
Recent posts

Trump Warns China Could Challenge US Crypto Leadership as Clarity Act Stalls

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...

Bitcoin BIP-110 Turns Mandatory Signaling as Miners Stay Under 3%

Bitcoin Improvement Proposal 110 (BIP-110) has entered its mandatory-signaling phase, but miners have sent the required signal in only a small fraction of recent blocks—raising doubts about whether the contentious ruleset can gain enough support to sustain a rival chain. According to a BIP-110 monitor, at block 961,632 on Saturday miners signaled support in just 51 of the preceding 2,016 blocks, equivalent to 2.53%. That falls well below the 55% threshold the mechanism expects for early activation. While nodes enforcing BIP-110 began rejecting blocks that did not set version bit 4, standard Bitcoin nodes continued accepting both signaling and non-signaling blocks—creating a potential split between enforcing and non-enforcing participants. Key takeaways BIP-110 moved into a mandatory-signaling enforcement window at block 961,632, with enforcing nodes rejecting blocks lacking version bit 4. Miners signaled only 2.53% of the time in the preceding 2,016 blocks—far under the 55% level r...

Clarity Act Advances as Thune Files Cloture for September Senate Vote

The CLARITY Act has moved closer to a Senate floor vote after Majority Leader John Thune filed a cloture motion. The filing sets up Senate consideration of the digital asset market structure bill after the August recess. Meanwhile, lawmakers continue talks over stablecoin yield rules and ethics provisions before the Senate takes up the legislation. Clarity Act Advances Toward Senate Vote Senate Majority Leader John Thune filed the cloture motion early Saturday, August 8, for H.R. 3633. The measure covers the Digital Asset Market Clarity Act, which seeks clearer federal rules for digital assets. Therefore, the filing creates a procedural path for the Senate to consider the bill in September. The move follows Thune’s decision to postpone Senate consideration until lawmakers return from the August recess. However, the cloture filing keeps the legislation positioned for action when the Senate reconvenes. The Senate can now prepare for a floor process after lawmakers complete their recess. ...

Clarity Act Advances As Thune Files Cloture For September Senate Vote

The Clarity Act has moved closer to a Senate floor vote after Majority Leader John Thune filed a cloture motion. The filing sets up Senate consideration of the digital asset market structure bill after the August recess. Meanwhile, lawmakers continue talks over stablecoin yield rules and ethics provisions before the Senate takes up the legislation. Clarity Act Advances Toward Senate Vote Senate Majority Leader John Thune filed the cloture motion early Saturday, August 8, for H.R. 3633. The measure covers the Digital Asset Market Clarity Act, which seeks clearer federal rules for digital assets. Therefore, the filing creates a procedural path for the Senate to consider the bill in September. The move follows Thune’s decision to postpone Senate consideration until lawmakers return from the August recess. However, the cloture filing keeps the legislation positioned for action when the Senate reconvenes. The Senate can now prepare for a floor process after lawmakers complete their recess. ...

US Senate Set to Advance CLARITY Act on Sept. 15 After Thune Files Cloture

U.S. Senate Majority Leader John Thune has filed cloture on a motion to bring the Digital Asset Market Clarity Act—known as the CLARITY Act—to the Senate floor, setting up a pivotal procedural vote tied to the next legislative window. The move comes as lawmakers prepare to return to Washington after the August recess, with the Senate expected to reconvene on Sept. 15. Under Senate rules, invoking cloture requires a 60-vote threshold, meaning Republicans will need support from Democrats to clear the procedural hurdle. The filing does not automatically translate into final passage; instead, it is designed to advance the bill for consideration and potentially a later vote on the legislation itself. Key takeaways John Thune filed cloture to take up the CLARITY Act, a procedural step requiring 60 votes. The Senate is expected to reconvene on Sept. 15, with the vote anticipated shortly after. Cloture clears a path for consideration but does not guarantee the bill will ultimately pass. ...

US Spot Bitcoin ETFs See Best Week Since April as Flows Hit $1B

Demand for US spot Bitcoin exchange-traded funds (ETFs) accelerated sharply over the past week, according to Bloomberg ETF analyst Eric Balchunas. The renewed inflow momentum arrives after months of uneven participation, rekindling a key question for market watchers: whether institutional appetite is broadening again—or whether this is a temporary swing in investor behavior. At the same time, the discussion around custody remains unsettled after a high-profile Coldcard hardware wallet incident in which attackers reportedly stole about $116 million in Bitcoin. The security breach has renewed attention on the trade-offs between self-custody and regulated products like spot ETFs. Key takeaways Bloomberg’s Eric Balchunas said spot Bitcoin ETFs drew about $1 billion in net inflows for the week, the strongest since April. Balchunas described the rebound as the third-best weekly performance since last October—an era he called Bitcoin’s “silent IPO.” A Coldcard security exploit linked to...