"The gate doesn't work, so let's remove the gate".
If something doesn't work properly, you fix it.
That's what BIP110 does.
Fixing the gate and closing holes to prevent more spam entering the network.
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After talking with @Princey21M in Prague, I realized Bitcoin Core v30’s OP_RETURN policy change isn’t obvious to many: it didn’t create large OP_RETURN usage, it reacted to usage that already existed by removing a gate that wasn’t actually working. https://t.co/aSMvwLx89J
$NDQ down & $BTC up
Profits rotating to Bitcoin?
Would love to see a follow through in coming days. 🤞 https://t.co/EbQsnfO2YH
Bitcoin (BTC) Update 📊
A strong shift in the Coinbase-Binance Spot Gap 👀
The start of July has brought a sharp improvement, with the gap narrowing to -$62.55.
While the reading is still negative, the magnitude of this move is significant.
The key question now is whether this marks the beginning of a broader shift in institutional sentiment.
I'll be watching the next readings closely.
@Foredex_Global
Bitcoin (BTC) Update 📊
The Coinbase - Binance Spot Gap remains one of the most important indicators of institutional sentiment 👀
Current gap: -$103.00
When Bitcoin trades at a discount on Coinbase compared to Binance, it generally suggests that institutional demand remains weak. A narrowing gap - or a move into positive territory - often signals improving sentiment among larger market participants.
For now, this metric remains one of the key charts to watch.
I'll keep you updated.
@Foredex_Global
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Beacon Prediction
Probabilistic Price Forecast (Next 24 Hours)This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
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