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Ironwood Goes Live as Zcash Locks Down Orchard and Forces a $1.8B Migration

Zcash activated its Ironwood network upgrade on Tuesday, replacing its vulnerable Orchard shielded pool with a hardened system designed to restore independent verification of the cryptocurrency’s circulating supply. The NU6.3 upgrade went live July 28 at block height 3,428,143, introducing a separate Ironwood shielded pool, a new transaction format, and a mandatory accounting checkpoint for […] from Bitcoin News https://ift.tt/gbrVSGx
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$134M in Bitcoin Longs Vaporized as BTC Breaks Below $63K Ahead of Fed Showdown

Bitcoin experienced a sharp sell-off on Tuesday, briefly dropping to an intraday low of $62,684 before partially recovering to trade around $63,600. Bitcoin Pulls Back Ahead of Pivotal Macro Week A day after near-flat price action, bitcoin tumbled Tuesday, briefly slipping below $63,000 as it braced for the summer’s most event-heavy week. Market data show […] from Bitcoin News https://ift.tt/Brtz47K

Minnesota Judge Blocks Prediction-Market Ban but Says Some Contracts Aren’t Swaps

U.S. District Judge Katherine Menendez blocked Minnesota from enforcing the first state felony ban on prediction markets days before its Aug. 1 start. The ruling gives Kalshi and Polymarket US broad temporary protection, even as the judge found that entertainment and other contracts may fall outside federal swap regulation. A broad injunction built on a […] from Bitcoin News https://ift.tt/PDTsdhk

Pennsylvania Bill Could Shut Sportsbooks Out of Prediction-Market Making

A bipartisan Pennsylvania bill would impose insider-trading rules and consumer protections on prediction markets while blocking gambling companies from supplying their liquidity. The restriction could disrupt market-making strategies pursued by Draftkings, Flutter and other sportsbook groups expanding into federally regulated event contracts. A liquidity restriction aimed at gambling companies A bipartisan group of Pennsylvania lawmakers […] from Bitcoin News https://ift.tt/4OHZiw8

Less Than 2 Weeks Left — Bitcoin’s BIP-110 Clock Starts Ticking as Miner Support Creeps Higher Before Showdown

Bitcoin’s mandatory signaling window for the proposed BIP-110 soft fork opens in less than two weeks, and the story has changed more than the headline number suggests. Miner support remains modest at roughly 2.64%, but several weeks ago, signaling struggled to stay above 1%. Since then, it has climbed gradually as the deadline has come […] from Bitcoin News https://ift.tt/SJnsDfR

Bitcoin Traders Face $75M in Liquidations After Three Failed Attempts to Clear $65,600

Bitcoin experienced sharp volatility on Monday, repeatedly failing to break past $65,500 resistance despite cooling Middle East tensions, leaving its price flat and wiping out $75 million in leveraged trades. Rejections at $65,500 Resistance Drag Prices Lower Bitcoin showed its volatility again on Monday, experiencing two sharp price swings even as tensions in the Middle […] from Bitcoin News https://ift.tt/CKDrONS

Crypto Bull Market Signals Emerge as Hyperliquid and Robinhood Push Finance Onchain

Bitwise CIO Matt Hougan says stronger bitcoin momentum, ETF demand, and institutional adoption could signal the early stages of a new crypto bull market driven by tokenization, stablecoins, and blockchain-based financial markets. Bitcoin Recovery Sparks New Crypto Bull Market Debate Crypto markets are showing early signs of renewed strength, with bitcoin gaining while technology stocks […] from Bitcoin News https://ift.tt/7OhnXgM