All Bitcoin nodes unilaterally enforce protocol rules locally. Bitcoin Core (and most other Bitcoin Node Software) does do not have It has an automatic update function. The nodes will only be updated if the operator chooses to install a newer version of the software. Node Operator Determine what they consider to be Bitcoin Every time you select the version of software to run. Don’t update A version that implements new rules that break with established lessons in Bitcoin Expected decision. Bitcoin’s network rules emerge from these individual decisions.

Therefore, it is unlikely that they will succeed in convincing 17,000 of the 18,000 nodes to convince them. Spin up thousands of new nodes will not affect existing nodes. Implement your own implementation rules. Even if you convince a majority to upgrade to a newer version, minorities may stick to the old rules,The node following the old rule simply rejects the first block found by the new node and prohibits the peer to send invalid data. Each time a new node exposes the first block, the network is separated into two.

Basically, it looks like this: “I don’t care what rules your node accepts. My node enforces the rules I think are bitcoin.” You might reconsider when you see evidence that the economic majority is dependent on the new rules, but for the reasons mentioned above, I expect the economic majority to stick to the old rules just as they did when BCH branched out.

Key points: 

• Bitcoin’s price compression and the Bollinger Bands suggest a range expansion will occur soon. 

• This week’s early price weakness is likely the result of traders cutting risk ahead of Wednesday’s FOMC and a White House update on its crypto policy and Bitcoin strategic reserve.

Bitcoin (BTC) continued to trade within the $117,000 to $120,000 range on Tuesday, and it looks poised for a daily close below $118,000. Some analysts have called for BTC to retest underlying support at $114,000 to $110,000, and while technicals do support such a move, Wednesday’s FOMC minutes and a long-awaited White House report on US crypto policy and a strategic Bitcoin reserve could reverse the downtrend.

The report should reveal the exact number of Bitcoin currently held by the US government, and traders are hopeful that President Trump will take further steps toward enacting an official strategic Bitcoin reserve. 

In addition to comments from the Fed, quarterly earnings for Meta Platforms, Ford, Robinhood and Microsoft are posted on Wednesday, along with US economic data on Nonfarm Payroll, the Purchasing Managers’ Index (PMI), GDP, consumer sentiment, and the ISM report on manufacturing and services.

Federal Reserve Chair Jerome Powell is also scheduled to speak, following the Fed’s decision on interest rates. Currently, CME Group’s FedWatch metric shows Fed funds futures pricing in a 98% chance that the central bank will leave rates unchanged within the 4.25% to 4.5% range. Despite intensifying pressure from President Trump to immediately cut rates, Powell appears committed to staying the course and leaving the Fed with the option of hiking or cutting rates based on economic data. 

As has been the case in previous trading days before the FOMC, crypto traders appear to have cut risk, and most large-cap tokens sold off today. Data from TRDR shows Bitcoin’s aggregate open interest falling to $49.58 billion, from $50.58 billion at the Wall Street opening bell. Long liquidations in the futures market accelerated the selling, and data from Coinglass shows $173.8 million in longs magin called over the past 12 hours.  

Related: Bitcoin bulls aim to chase liquidity at $122K, but Q3 seasonality could stall breakouts

Will good news trigger a breakout? 

In the past three weeks, Bitcoin price has seen a near 45% reduction in intraday volatility as its daily high to low range has narrowed to $2,300 from $4,200 on July 14. This price compression, although typical for periods of consolidation, tends to terminate with a strong directional move, and in this case, FOMC minutes that align with the markets’ expectation and perhaps bullish news from the White House crypto report could be the catalyst for upside.

The Bollinger Bands are also near pinched to a close, reinforcing Bitcoin’s price compression and brewing range expansion.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

]]> https://earlybirdsinvest.com/bitcoin-momentum-loss-is-pre-fomc-derisking-not-a-trend-change/feed/ 0 50418 https://earlybirdsinvest.com/dogecoin-price-prediction-major-upgrade-proposal-could-change-everything-for-doge-1-just-the-beginning/ https://earlybirdsinvest.com/dogecoin-price-prediction-major-upgrade-proposal-could-change-everything-for-doge-1-just-the-beginning/#respond Wed, 23 Jul 2025 16:51:59 +0000 https://earlybirdsinvest.com/dogecoin-price-prediction-major-upgrade-proposal-could-change-everything-for-doge-1-just-the-beginning/

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Simon Chandler

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Simon Chandler

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Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,…

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July 23, 2025

The Dogecoin price has dipped in the past 24 hours, falling to $0.2591 as the crypto market struggles to maintain recent momentum today.

Even with this drop, DOGE remains up by a healthy 29% in a week and by 69% in a month, with the meme token also boasting a 90% gain in the past year.

And the positivity doesn’t stop there, because a recent upgrade proposal – specifying zero-knowledge proofs for the Dogecoin blockchain – could help to boost the token even further over the longer term, making it more useful as a network.

This new feature, which would enhance Dogecoin’s speed and scalability, could drive more users to the token, something which points to a very bullish long-term Dogecoin price prediction.

Dogecoin Price Prediction: Major Upgrade Proposal Could Change Everything for DOGE – $1 Just the Beginning?

Put forward by the team behind the MyDoge wallet, the proposal would upgrade Dogecoin Core such that it could verify off-chain zero-knowledge proofs.

In other words, it would make the Dogecoin blockchain compatible with zk-rollups, giving the Dogecoin ecosystem access to layer-twos that could make it faster and cheaper.

If accepted, this upgrade could prove massive for Dogecoin, providing it with greater privacy and greater scalability.

In turn, it could pave the way for the development of a whole ecosystem of DOGE-based apps, giving Dogecoin the utility it has mostly lacked up until now.

There’s still no confirmation that validators will accept the proposal, but given the community’s positive reception to the potential update, it could be only a matter of time.

And if it does get the green light, it will no doubt have a hugely positive impact on the Dogecoin price, which is correcting a little today after recent gains.

As we can see from its one-week chart, it remains near the beginning of an upswing, having recently broken through of a descending channel.

Its relative strength index (yellow) is hovering around the 60 mark, and has yet to reach an overbought position.

Meanwhile, its MACD (orange, blue) is about to turn positive for the first time in several months, meaning that more gains should be on the way.

And if we do receive confirmation that Dogecoin’s validators will accept MyDoge’s proposal, then the Dogecoin price could easily reach new highs for the year.

It’s currently on track to hit $0.3 by the end of August, while it could end the year at around $0.5.

Such gains could be higher if the wider market extends its recent gains, with US stock markets continuing to hit new highs in recent days and weeks.

AI Content Creation Platform SUBBD Raises $850,000 in Token Presale: Next 100x Alt?

For traders looking to diversify beyond major tokens such as Dogecoin, there are many promising newer coins in the market right now, including a handful of presale tokens.

One of the most interesting of these is Subbd (SUBBD), an ERC-20 token that has now raised just over $850,000 in its ICO.

What’s bullish about SUBBD is that it will be the native token for the Subbd platform, which is an AI-powered adult content creation site that puts more control in the hands of creators.

Its harnessing of artificial intelligence means that creators can create AI-powered influencers and performers at the click of only a few buttons, while the use of crypto means that payment will be fair and transparent.

One of the most encouraging things about SUBBD is that its native platform has already launched, with the website boasting that its influencers/performers have a combined following of over 250 million.

This means that SUBBD is launching into an already healthy ecosystem, giving it a head start over many other new tokens.

Investors can join its presale by going to the Subbd website and connecting a compatible crypto wallet.

SUBBD is currently available for $0.055975, although this price will rise again later today.

Bridgewater Associates founder Ray Dalio says the US could be headed to a financial crash because political leaders are cautious against taking aggressive actions to address America’s budget deficit.

In a post on the social media platform X, the billionaire says senior members of both the Democratic and Republican parties agree that the US needs to reduce its deficit to 3% of the GDP (gross domestic product).

But he says the so-called absolutist policies prevent the adoption of measures such as tax increases and cuts to benefits that can address the debt problem.

“They explained the absolutist policies that must exist and those are that you must make statements like I will absolutely pledge not to raise your taxes or I will absolutely pledge not to reduce your benefits.”

Dalio says it is clear that the US is unlikely to change its debt trajectory and could face painful consequences. He says political leaders may be thrown out by their constituents and face pressure from their parties, so they find it impossible to make compromising statements and actions that can balance the revenue and expenses to produce a good budget.

“That’s the equivalent of saying I will absolutely pledge not to change the trajectory we’re on in order to have a better set of circumstances than the likely financial crash that we’re going to have.”

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