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Crypto & Web3CoinDesk ·

BIP-110 Proposal Reignites Bitcoin Debate Over Censorship and Decentralization

A Bitcoin Improvement Proposal known as BIP-110 has stirred significant controversy within the cryptocurrency community. The proposal aimed to restrict the use of Bitcoin's blockchain for storing non-financial data. Rather than achieving consensus, it reignited long-standing debates about censorship and the decentralized nature of the network. The dispute has raised fundamental questions about who holds the authority to shape Bitcoin's future direction.

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Crypto & Web3CoinDesk ·

Prediction Markets Hit $50B Monthly Volume During 2026 FIFA World Cup

Prediction markets surpassed $50 billion in monthly trading volume, coinciding with the opening month of the 2026 FIFA World Cup. This milestone marks a significant surge in activity on these platforms, which allow users to bet on real-world event outcomes. The World Cup appears to have acted as a major catalyst, drawing large volumes of capital into prediction markets. The figure highlights growing competition between prediction platforms and traditional sportsbooks in capturing major sporting event wagers.

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Crypto & Web3CoinDesk ·

Long-Term Bitcoin Holders Offloading Supply to New Buyers Amid Fed Rate Concerns

Seasoned Bitcoin investors are gradually transferring their holdings to a newer wave of buyers in what analysts describe as a generational shift in supply. This redistribution signals growing interest from fresh market participants entering the crypto space. However, the transition is unfolding against a backdrop of potential Federal Reserve interest rate hikes. Higher rates could dampen risk appetite and potentially trigger a broader market sell-off. Analysts warn that a capitulation event, long anticipated by markets, may still be on the horizon if monetary tightening accelerates.

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Crypto & Web3CoinDesk ·

Bitcoin Holds at $62,600 as South Korean Stock Slump Drives Crypto Demand

Bitcoin stabilized around $62,600 following a sharp selloff on Monday, even as global markets remained under pressure. South Korean investors turned to cryptocurrency amid a significant decline in the KOSPI stock index, pushing local crypto trading volumes sharply higher. Meanwhile, gold continued its downward trend, adding to broader market uncertainty. Geopolitical tensions also weighed on sentiment, with Donald Trump threatening further military strikes against Iran.