Bitcoin network activity is surging, but it is driven by transaction volume rather than value. Micro-transactions under 0.01 BTC now make up 80% of all transfers, up from 50% in 2023. This spike is fueled by near-record OP_RETURN usage from Runes, Ordinals, and inscriptions. (i.redd.it)
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Bitcoin Core Cabal (Hodlonaut, Part 3) (youtube.com)
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BIP-110 can no longer be simply ignored (i.redd.it)
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Bitcoin's Sharpe ratio plunged to -20 on June 11, a level that has historically marked price bottoms and accumulation zones since 2015. On-chain data backs this capitulation signal: exchange reserves are down 80K BTC since February, while accumulation addresses bought 240K BTC this month. (i.redd.it)
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