Browsing: Bitcoin News

Bitcoin (BTC) extends its gains, inching toward $72,000 at the time of writing on Thursday, as crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations. The move has sharply improved market sentiment and liquidity conditions, helped trigger a short squeeze, and overall provided a positive catalyst for the broader crypto…

The issue matters because Luke Dashjr and other BIP-110 supporters are discussing a hard fork that would replace the minority chain’s SHA-256d mining algorithm with BLAKE2b. Such a move would permanently create a whole new design, but the two networks would still share their transaction history from before the split.