{"id":76574,"date":"2026-08-09T13:53:06","date_gmt":"2026-08-09T13:53:06","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoins-price-barely-blinks-amid-coldcard-sweeps-and-bip-110s-collapse\/"},"modified":"2026-08-09T13:53:06","modified_gmt":"2026-08-09T13:53:06","slug":"bitcoins-price-barely-blinks-amid-coldcard-sweeps-and-bip-110s-collapse","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoins-price-barely-blinks-amid-coldcard-sweeps-and-bip-110s-collapse\/","title":{"rendered":"Bitcoin&#8217;s Price Barely Blinks Amid Coldcard Sweeps and BIP-110&#8217;s Collapse"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin held near $65,000 as Coldcard losses potentially approached $130 million.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">BIP-110 stalled after 2 blocks as roughly 99.85% of hash stayed with Bitcoin.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin traders now watch $64,000 support and $66,000 resistance this week.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Over the past 48 hours, BTC traded largely between $64,500 and $65,250. By Sunday morning, Aug. 9, bitcoin was <a href=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">changing hands around $64,800 to $64,900<\/a>, with neither event producing the kind of sharp sell-off that often follows major security failures or contentious network disputes.<\/p>\n<h2>Coldcard Crisis Fails to Crack Bitcoin\u2019s Range<\/h2>\n<p>The more financially damaging event involves Coldcard, a hardware wallet manufactured by Coinkite. A <a href=\"https:\/\/news.bitcoin.com\/featured\/the-coldcard-exploit-explained-who-lost-bitcoin-and-whos-at-risk\/\">firmware flaw introduced in March 2021 weakened the randomness<\/a> used to generate some wallet seeds, leaving certain devices vulnerable to offline attacks capable of reconstructing private keys.<\/p>\n<p>Attacks began July 30. <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/coinkite-warns-coldcard-mk3-owners-after-reports-of-38m-bitcoin-loss\/\">The first major wave drained<\/a> roughly 594 to 1,196 BTC from more than 1,100 addresses in less than an hour. Subsequent thefts pushed high-confidence loss estimates to roughly 1,596 to 1,719 BTC, while suspected activity could raise the total to about 2,055 BTC, worth roughly $133 million at prevailing prices.<\/p>\n<figure id=\"attachment_838114\" aria-describedby=\"caption-attachment-838114\" style=\"width:1324px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-838114\" class=\"wp-caption-text\">Bitcoin is up nearly 11% during the third quarter of 2026, according to Coinglass statistics logged on Sunday, Aug. 9.<\/figcaption><\/figure>\n<p>Coinkite released patched firmware and advised affected users to create entirely new seeds and move their funds. Updating a vulnerable device alone cannot repair an old seed because the weakness was embedded when the seed was originally generated. The incident therefore became a serious self-custody failure, but not a failure of Bitcoin\u2019s blockchain, monetary rules or mining network.<\/p>\n<p>That distinction appears to matter to traders. Rather than treating the theft as a systemic bitcoin problem, the market largely priced it as a product-specific security breach. The stolen coins represented only a small fraction of circulating supply, and the broader network continued operating normally.<\/p>\n<h2>BIP-110 Split Hits a Wall Almost Immediately<\/h2>\n<p>Bitcoin then faced a separate test when BIP-110 enforcement began around block 961632. The proposal sought to temporarily restrict certain forms of nonfinancial data stored on Bitcoin and relied on a 55% miner-signaling threshold that never came close to being reached. Support hovered around 2.53% near the final signaling period.<\/p>\n<p>When enforcing nodes began rejecting blocks that did not signal BIP-110, <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/bip-110-splits-bitcoin-as-rival-miners-clash-at-block-961632\/\">a minority chain emerged<\/a>. Roughnecks produced two BIP-110 blocks, but the branch quickly stalled while Bitcoin\u2019s dominant chain continued stacking blocks. The minority branch inherited Bitcoin\u2019s full mining difficulty despite commanding only a tiny fraction of the network\u2019s hash, making additional blocks painfully slow to produce.<\/p>\n<p>By Aug. 9, the alternative chain was effectively stranded. Statistics show that roughly 99.85% of hash remained with the main Bitcoin chain, leaving the BIP-110 branch facing an extraordinary wait to reach the 2,016-block difficulty adjustment that could make mining easier. <a href=\"https:\/\/news.bitcoin.com\/featured\/bip-110-supporters-prepare-pow-switch-if-miners-refuse-soft-fork-plan\/\">Discussions about changing its proof-of-work<\/a> algorithm would effectively create a separate network and asset rather than altering Bitcoin itself.<\/p>\n<h2>Bitcoin Traders Keep Their Eyes on $64,000<\/h2>\n<p>Through both episodes, bitcoin\u2019s price remained unusually quiet. The past 24 hours were marked by narrow intraday moves, with highs near $65,000 to $65,150 and lows in the upper $64,000s. No meaningful volume spike or directional candle tied directly to either Coldcard developments or the BIP-110 split has been recorded.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>Momentum indicators also pointed to indecision on Sunday morning. <a href=\"https:\/\/news.bitcoin.com\/understanding-oscillators-in-bitcoin-trading-a-technical-analysis-guide\/\">The 14-period relative strength index<\/a> hovered around 53 to 55, a neutral reading, while the moving average convergence divergence (MACD) indicator remained largely flat on shorter time frames. Immediate support sits around $64,000 to $64,500, with stronger demand near $62,000 to $63,000. Resistance remains clustered around $65,000 to $65,500, followed by $66,000 to $67,000.<\/p>\n<p>The coming week may determine whether that calm survives. A sustained move above $65,500 to $66,000 with stronger volume could open the door toward $67,000 to $69,000, while a break below $64,000 could put $62,000 to $63,000 back in play. Traders will also be <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/bitcoin-ether-etf-inflow-streak-blackrock-august-2026\/\">watching U.S. spot bitcoin ETF flows<\/a>, macroeconomic data, exchange flows and whether weekday trading volume returns after the weekend lull.<\/p>\n<p>For now, the striking part of the story is what did not happen. A hardware wallet exploit and a live minority-chain split both arrived within the same week, yet BTC stayed pinned inside a very narrow range. The next meaningful move may depend less on either controversy than on liquidity, institutional flows and whether buyers or sellers finally break the $64,000 to $66,000 corridor.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoins-price-barely-blinks-amid-coldcard-sweeps-and-bip-110s-collapse\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin held near $65,000 as Coldcard losses potentially approached $130 million. BIP-110 stalled after 2 blocks as roughly 99.85% of hash stayed with Bitcoin. Bitcoin traders now watch $64,000 support and $66,000 resistance this week. Over the past 48 hours, BTC traded largely between $64,500 and [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":76575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76574"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76574"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76575"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}