Crypto

Bitcoin held near $63,800 on Monday, showing resilience as traditional markets experienced sharp selloffs following the fourth round of U.S.

Bitcoin industry heavyweights Michael Saylor and Adam Back have publicly criticized Bitcoin Improvement Proposal-110 (BIP-110), a proposed temporary fork aimed at curbing non-monetary transactions such as Ordinals inscriptions.

The BIP-110, or Reduced Data Temporary Soft Fork, aims to temporarily restrict non-financial data on the blockchain for one year, capping OP_RETURN and blocking arbitrary data chunks above 256 bytes.

Bitcoin analysts are predicting a price surge to between $300,000 and $500,000 by the next halving cycle peak in 2029, but key data suggests these forecasts may be overly optimistic.

Five Democratic senators have called for committee hearings to investigate the national security implications of President Donald Trump's cryptocurrency holdings, as the Senate considers the Digital Asset Market Clarity (CLARITY) Act.