đ„The largest U.S. companies in the world dedicated to Bitcoin miningâMarathon Digitalâsold 23.093 #BTC for more than US$1.6 billion. Thatâs why BTC fell yesterday after rebounding...đ»
Bitcoinâs minority chain, BIP-110, split from the main network after only 2.53% of the blocks signaled support, and then stalled after mining two blocks. The soft-fork attempt driven by the BIP-110 proposal has shown the complex risks of trying to force a rule change without majority consensus. When block 961.632 was reached, nodes running BIP-110 software began rejecting blocks that did not signal formal support.
When it forked, the minority chain inherited the main networkâs difficulty. With only a tiny fraction of the computing power, it is technically almost impossible to generate blocks at the usual pace. While the BIP-110 chain remained stuck, Bitcoinâs main chain continued moving normally, backed by the overwhelming majority of miners and network nodes.
đ„The corporate company with the most Bitcoin in the world, #strategy , sold 1,690 BTC for a value of US$108 million.
The CIO of #Bitwise , Matt Hougan, indicated that a 1% allocation in Bitcoin by institutions managing up to US$200 trillion could help drive the cryptocurrencyâs price to US$1.3 million by 2035. Global institutional capital under management is estimated to range between US$100 trillion and US$200 trillion. If these institutions allocate just 1% of their portfolios to BTC, the resulting net capital inflow would create a massive multiplier effect on its market capitalization.
Since the total market cap at that price would push Bitcoin to trade above US$25 trillion, the thesis depends on adoption shifting from speculative to becoming consolidated as a strategic global reserve asset.
#ballenas #Inversiones $BTC $STRC $MSTR
Bitcoinâs minority chain, BIP-110, split from the main network after only 2.53% of the blocks signaled support, and then stalled after mining two blocks. The soft-fork attempt driven by the BIP-110 proposal has shown the complex risks of trying to force a rule change without majority consensus. When block 961.632 was reached, nodes running BIP-110 software began rejecting blocks that did not signal formal support.
When it forked, the minority chain inherited the main networkâs difficulty. With only a tiny fraction of the computing power, it is technically almost impossible to generate blocks at the usual pace. While the BIP-110 chain remained stuck, Bitcoinâs main chain continued moving normally, backed by the overwhelming majority of miners and network nodes.
đ„The corporate company with the most Bitcoin in the world, #strategy , sold 1,690 BTC for a value of US$108 million.
The CIO of #Bitwise , Matt Hougan, indicated that a 1% allocation in Bitcoin by institutions managing up to US$200 trillion could help drive the cryptocurrencyâs price to US$1.3 million by 2035. Global institutional capital under management is estimated to range between US$100 trillion and US$200 trillion. If these institutions allocate just 1% of their portfolios to BTC, the resulting net capital inflow would create a massive multiplier effect on its market capitalization.
Since the total market cap at that price would push Bitcoin to trade above US$25 trillion, the thesis depends on adoption shifting from speculative to becoming consolidated as a strategic global reserve asset.
#ballenas #Inversiones $BTC $STRC $MSTR