Ta strona służy wyłącznie do celów informacyjnych. Niektóre usługi i funkcje mogą nie być dostępne w jurysdykcji użytkownika.

Bitcoin Core's Policy Shift Sparks Debate Amid Nonfinancial Transaction Controversy

Bitcoin Core's New Statement on Nonfinancial Transactions

Bitcoin Core, the most widely used full-node software for Bitcoin, has issued a statement reaffirming its stance on nonfinancial transactions within the blockchain. Signed by over 30 collaborators, the document emphasizes Bitcoin’s role as a censorship-resistant system, stating, “Bitcoin can and will be used for use cases not everyone agrees on.” This policy shift has reignited debates within the crypto community about the balance between decentralization and network efficiency.

The statement challenges restrictive policies that prevent the relay of nonfinancial transactions, arguing that such measures are counterproductive. According to Bitcoin Core, refusing to relay transactions that miners would include in blocks anyway forces users into alternative communication channels, undermining the goals of transaction relay. While the project does not explicitly endorse these use cases, it acknowledges their inevitability within a censorship-resistant framework.

Why It Matters for Bitcoin Users

This development is significant because it underscores Bitcoin’s ethos of decentralization and resistance to external control. By lifting restrictions on OP_RETURN limits, Bitcoin Core aims to preserve the network’s integrity and adaptability. However, the move has sparked mixed reactions. Samson Mow, CEO of JAN3, criticized the decision, calling it “inappropriate” and accusing developers of enabling blockchain “spam.” On the other hand, Bitcoin podcaster Juan Galt highlighted the challenges of implementing restrictive measures, stating, “I don’t see other solutions besides soft forks or hard forks, and even then it’s a losing battle.”

The broader implications of this policy shift could influence how Bitcoin is utilized beyond financial transactions, potentially opening doors for innovative applications while raising concerns about network congestion and scalability.

Bitcoin Price Consolidation: Key Levels to Watch

At 8 a.m. Eastern time, Bitcoin was trading between $104,881 and $105,266, with a market capitalization of $2.08 trillion and a 24-hour trading volume of $24.93 billion. The cryptocurrency is currently in a consolidation phase after peaking near $112,000, forming a double top that triggered a pullback toward the psychological support level of $100,000.

Technical indicators paint a mixed picture. The daily chart shows neutral momentum, with the Relative Strength Index (RSI) at 52 and the Commodity Channel Index (CCI) at -59. However, a bearish engulfing pattern continues to weigh on sentiment. On shorter timeframes, Bitcoin appears to be forming a bullish flag or pennant pattern near $105,000. A breakout above $105,500 could pave the way for a rally toward $107,000, while failure to hold above $102,000 might lead to deeper retracement.

Structural Changes in Bitcoin Market Dynamics

Recent data from CryptoQuant highlights significant structural changes in the Bitcoin market. Despite a short-term price drop below $101,000 and the liquidation of $160 million in long positions, the realized market cap of long-term holders has risen to over $3.7 billion. This suggests that some long-term holders are taking profits while others are reallocating capital, signaling a potential shift in market dynamics.

Additionally, over 4,000 BTC were withdrawn from Binance, indicating reduced liquidity on the exchange and a possible move toward long-term holding strategies. Analyst Amal Taha noted, “If these trends continue, long-term holders will be able to raise new funds and lay the foundation for a more sustainable bullish structure.”

High-Stakes Trading: James Wynn’s Leveraged Bets

Crypto trader James Wynn, known for his high-leverage positions, recently opened a $1 billion short position on Bitcoin with 40x leverage after closing a similarly sized long position. Wynn’s aggressive trading strategy has drawn attention, with his latest bet profiting $3 million so far. However, his position will be liquidated if Bitcoin rises to $110,446 without additional collateral.

Wynn’s trading activity highlights the risks and rewards of leveraged positions in the volatile crypto market. Despite recent losses, Wynn’s total profit on Hyperliquid exceeds $40 million, showcasing the potential for significant gains—and losses—in high-stakes crypto trading.

The Debate Over Dark Pool DEXs

In response to Wynn’s liquidation and allegations of market manipulation, Binance co-founder Changpeng Zhao proposed the creation of dark pool perpetual swap decentralized exchanges (DEXs). These platforms aim to combat manipulation by providing liquidity and anonymity for institutional investors while keeping trades private from retail participants.

While dark pools have long existed in traditional finance, their introduction to crypto raises questions about transparency and fairness. Critics argue that the lack of visibility could lead to conflicts of interest, while proponents see them as a solution to slippage and front-running issues.

Conclusion

Bitcoin Core’s policy shift and the ongoing debates around nonfinancial transactions, market dynamics, and trading strategies reflect the evolving nature of the cryptocurrency ecosystem. As Bitcoin continues to consolidate above key support levels, the interplay between decentralization, innovation, and market efficiency will shape its future trajectory. For young, crypto-curious investors, staying informed about these developments is crucial to navigating the complexities of the digital asset space.

Wyłączenie odpowiedzialności
Niniejsza treść ma charakter wyłącznie informacyjny i może obejmować produkty niedostępne w danym regionie. Nie ma na celu zapewnienia (i) porady inwestycyjnej lub rekomendacji inwestycyjnej; (ii) oferty lub zachęty do kupna, sprzedaży lub posiadania kryptowalut/aktywów cyfrowych lub (iii) doradztwa finansowego, księgowego, prawnego lub podatkowego. Aktywa cyfrowe, w tym stablecoiny i NFT, wiążą się z wysokim stopniem ryzyka, a ich cena może ulegać znacznym wahaniom. Należy dokładnie rozważyć, czy handel lub przechowywanie aktywów cyfrowych jest dla danej osoby odpowiednie w świetle jej obecnej i przyszłej sytuacji finansowej. W przypadku pytań dotyczących konkretnej sytuacji skonsultuj się ze swoim doradcą prawnym, podatkowym lub specjalistą ds. inwestycji. Informacje (w tym dane rynkowe i informacje statystyczne, jeśli istnieją) pojawiające się w tym poście służą wyłącznie do ogólnych celów informacyjnych. Podczas przygotowywania tych danych i wykresów dołożono należytej staranności, jednak nie ponosimy odpowiedzialności za żadne błędy lub pominięcia w niniejszym dokumencie.

© 2025 OKX. Niniejszy artykuł może być powielany lub rozpowszechniany w całości, lub jego fragmenty zawierające 100 słów, lub mniej, pod warunkiem że takie wykorzystanie jest niekomercyjne. Każda reprodukcja lub dystrybucja całego artykułu musi również zawierać wyraźne stwierdzenie: „Ten artykuł jest © 2025 OKX i jest używany za zgodą”. Dozwolone fragmenty muszą odnosić się do nazwy artykułu i zawierać przypis, na przykład „Nazwa artykułu, [nazwisko autora, jeśli dotyczy], © 2025 OKX”. Żadne prace pochodne ani inne sposoby wykorzystania tego artykułu nie są dozwolone.

Powiązane artykuły

Wyświetl więcej
Memecoins generic thumb
Memecoins
Web3

What is a memecoin supercycle: real or a reality check?

Is the memecoin supercycle real? Instead of being an idealized take on how liquidity in the crypto market will flow, the concept of a memecoin supercycle has recently gained traction as crypto traders eagerly anticipate the idea of a memecoin bull market driven by memecoin excitement. The data seems to back this theory too, as the crypto market has witnessed a steady rise in memecoin adoption in recent months as traders choose to purchase and hold onto digital assets inspired by internet culture and memes. Does the memecoin supercycle theory hold weight or is it just another crypto supercycle reality check for bullish traders?
23 maj 2025
9
trends_flux2
Altcoin
Trending token

Will Shiba Inu (SHIB) Recover After Shibarium Upgrade? Key Insights for Investors

Introduction: Shiba Inu's Path to Recovery Shiba Inu (SHIB), the second-largest meme coin, has been at the center of investor speculation following the launch of Shibarium, its Layer-2 blockchain solution. With recent price fluctuations and ambitious predictions, many investors are asking: Is SHIB price recovery expected after the Shibarium upgrade? This article dives deep into the factors influencing SHIB’s price trajectory and what the future may hold for this popular cryptocurrency.
11 cze 2025
trends_flux2
Altcoin
Trending token

Bitcoin Surges Amid Trump’s National Guard Move and Crypto Reserve Announcement

Bitcoin Price Reaction to Trump’s National Guard Move: Key Insights for Investors The cryptocurrency market witnessed a dramatic shift following United States President Donald Trump’s announcement of deploying the National Guard and creating a national strategic crypto reserve. This move, coupled with his promise to make the US the "crypto capital of the world," has sent Bitcoin and other cryptocurrencies soaring, marking a pivotal moment for crypto investors.
11 cze 2025
1
trends_flux2
Altcoin
Trending token

Bank of Japan's Digital Currency: Navigating Japan's Cashless Future

Introduction: Japan's Cashless Transformation Japan, a country historically known for its reliance on physical cash, is undergoing a significant shift towards cashless payments. With cashless transactions rising from 13.2% in 2010 to 42.8% in 2024, the Bank of Japan (BOJ) is exploring innovative ways to adapt to this evolving financial landscape. Central to this exploration is the potential development of a central bank digital currency (CBDC), commonly referred to as the digital yen.
11 cze 2025
trends_flux2
Altcoin
Trending token

American Bitcoin (ABTC): Trump-Backed Mining Giant Reveals $23M BTC Reserve and Strategic Roadmap

Introduction to American Bitcoin (ABTC) American Bitcoin (ABTC), a Bitcoin mining company backed by Eric Trump and Donald Trump Jr., has quickly emerged as a major player in the cryptocurrency space. Since its launch on April 1, 2025, the firm has accumulated 215 BTC, valued at approximately $23 million, and is preparing to go public through a merger with Gryphon Digital Mining. This article delves into ABTC’s strategic roadmap, operational model, and its implications for the broader Bitcoin ecosystem.
11 cze 2025
trends_flux2
Altcoin
Trending token

Can Bitcoin Break the $110K Resistance Level? Key Insights for Investors

Can Bitcoin Break the $110K Resistance Level? Key Insights for Investors Bitcoin (BTC) is once again at a pivotal juncture, flirting with the $110,000 resistance level. As the flagship cryptocurrency approaches this critical threshold, investors are asking: Can Bitcoin sustain its bullish momentum and break through this psychological barrier? This article dives deep into the technical, institutional, and macroeconomic factors shaping Bitcoin’s trajectory.
11 cze 2025
Wyświetl więcej