According to @BitMEXResearch, tightening Bitcoin relay policy with your full node is unlikely to influence other nodes because it is hard to stop data flowing across the internet, source: @BitMEXResearch, X, Nov 20, 2025. According to @BitMEXResearch, loosening relay policy can materially increase your node's influence on transaction propagation and the effect scales with peer count, which is relevant for desks seeking broader broadcast of BTC transactions, source: @BitMEXResearch, X, Nov 20, 2025. According to @BitMEXResearch, for enforcing consensus rules, whether your node matters depends on its economic weight rather than its mere presence, guiding traders to focus on the economic context of their own validation, source: @BitMEXResearch, X, Nov 20, 2025. According to @BitMEXResearch, the core takeaway is that running a node primarily safeguards your own view of the chain rather than steering the wider network, a practical point for BTC settlement assurance and counterparty risk checks, source: @BitMEXResearch, X, Nov 20, 2025.

According to BitMEX Research, the research budget for the referenced project totaled $6.7 million; traders should review the linked X thread to identify the underlying report before incorporating any findings into their trading process. Source: BitMEX Research on X, Nov 20, 2025: https://twitter.com/BitMEXResearch/status/1991452836778111320

According to @BitMEXResearch, MicroStrategy (MSTR) previously sold equity at a premium to fund Bitcoin (BTC) purchases and is now pursuing debt issuance to buy more BTC, structuring the debt to resemble the risk profile of short-duration U.S. Treasuries, source: @BitMEXResearch on X, Nov 14, 2025. According to @BitMEXResearch, traders should monitor potential near-term BTC spot demand tied to any debt-funded accumulation by MSTR and related beta sensitivity in MSTR versus BTC around issuance and deployment timelines, source: @BitMEXResearch on X, Nov 14, 2025. According to @BitMEXResearch, fixed-income desks should watch pricing versus short-duration Treasuries, investor reception, and settlement timing as key datapoints for gauging the scale and pace of BTC purchases by MSTR, source: @BitMEXResearch on X, Nov 14, 2025.

According to @BitMEXResearch, a new research article examines Stretch (STRC), a novel MSTR debt-type instrument designed for price stability by varying its dividend rate each month based on the debt’s market price, source: BitMEX Research tweet on Nov 14, 2025 https://twitter.com/BitMEXResearch/status/1989384339151622414. The mechanism explicitly ties the monthly dividend rate to STRC’s market price to maintain stability, source: BitMEX Research tweet on Nov 14, 2025 https://twitter.com/BitMEXResearch/status/1989384339151622414. BitMEX Research linked the full article for more details on STRC’s structure and design, source: BitMEX Research tweet on Nov 14, 2025 https://twitter.com/BitMEXResearch/status/1989384339151622414 https://t.co/IVcQJbX2TU.

According to @BitMEXResearch, they have not studied NFTs in depth and have limited interest, emphasizing that NFTs are generally bad investments, source: @BitMEXResearch on X, Nov 14, 2025. They add that NFTs being put on Bitcoin is not a concern for them and that critics should ignore NFTs rather than push for restrictions, source: @BitMEXResearch on X, Nov 14, 2025. They state NFTs will fall in value and see no point in technical measures to deter or prevent NFTs, signaling a clearly bearish stance on NFT valuations that traders tracking Bitcoin-based NFT activity should note, source: @BitMEXResearch on X, Nov 14, 2025.

According to @BitMEXResearch, since Aug 27, 2025, the median price of the top 10 NFTs on Bitcoin fell 36.7%, marking a continued drawdown in the segment traders track for momentum and risk management (source: BitMEX Research, Nov 14, 2025). According to @BitMEXResearch, the median is down 96.9% from the peak, underscoring severe value compression across leading Bitcoin NFT benchmarks that affects entry/exit planning (source: BitMEX Research, Nov 14, 2025). According to @BitMEXResearch, BTC declined 14% in USD over the same period, which mechanically amplifies USD-denominated losses for Bitcoin NFT holdings relative to native pricing (source: BitMEX Research, Nov 14, 2025).

According to @BitMEXResearch, MicroStrategy’s enterprise value is about 76 billion dollars (market cap plus debt), roughly 20% above the market value of its Bitcoin (BTC) holdings (source: @BitMEXResearch on X, Nov 13, 2025). This means MSTR trades at a premium to its BTC treasury and is not a discount Bitcoin proxy at current prices (source: @BitMEXResearch on X, Nov 13, 2025). @BitMEXResearch states that only if enterprise value drops below the market value of its Bitcoin should MSTR be considered at a discount to BTC (source: @BitMEXResearch on X, Nov 13, 2025).

According to BitMEX Research, since their prior post, MSTR is down 55% while Bitcoin (BTC) is up 5%, marking a sharp negative divergence between the stock and the underlying crypto benchmark. Source: BitMEX Research on X, Nov 13, 2025. According to BitMEX Research, MSTR now trades at a discount to the value of its underlying Bitcoin, indicating a negative premium relative to direct BTC exposure. Source: BitMEX Research on X, Nov 13, 2025. According to BitMEX Research, the existence of a discount makes the MSTR versus BTC spread the key trading variable to monitor, with outcomes hinging on whether the discount narrows or widens from here. Source: BitMEX Research on X, Nov 13, 2025. According to BitMEX Research, the central question for market participants is what strategy to apply now that MSTR is below its implied Bitcoin value, underscoring a potential relative-value focus between long MSTR and BTC exposure. Source: BitMEX Research on X, Nov 13, 2025.

According to @BitMEXResearch, citing the United States House Committee on Oversight, a 22 Nov 2013 email to Jeffrey Epstein shows Steven Sinofsky noting a 50 percent gain on his Bitcoin position when BTC traded around USD 700. Based on that disclosure reported by @BitMEXResearch from the House Committee on Oversight, the implied entry price is roughly USD 467.

According to BitMEX Research, Zcash (ZEC) has rallied recently. According to BitMEX Research, the all-time high in BTC terms was about 3,300 BTC per ZEC, which is roughly $340,000,000 per coin at today’s BTC price, highlighting a large gap from current market levels according to BitMEX Research.

According to BitMEX Research, setting up their own nodes and connecting to many peers was relatively easy, demonstrating that a tiny minority of node runners can undermine incentive-incompatible transaction relay filters (source: BitMEX Research). According to BitMEX Research, these relay filters are proving unsustainable, analogous to the economically unsustainable surplus block capacity observed from 2009 to 2015 (source: BitMEX Research). According to BitMEX Research, traders should note that practical attempts at relay-layer censorship can be bypassed, making relay policy an unreliable tool for shaping Bitcoin transaction propagation and a risk factor to monitor when evaluating on-chain activity (source: BitMEX Research).

According to BitMEX Research, Bitnod.es now reports 1,576 live Bitcoin node peers and climbing as of Nov 7, 2025 (source: BitMEX Research). The figure reflects the current live BTC node peer count visible via Bitnod.es as reported in the update (source: BitMEX Research).

According to @BitMEXResearch, so‑called anti‑spam chains are likely to attract the most spam, inflating on‑chain activity metrics that traders often use for momentum and fee‑sensitivity signals; source: @BitMEXResearch, Nov 6, 2025. According to Coin Metrics network data, Bitcoin Cash (BCH) has historically processed fewer transactions than Bitcoin (BTC), supporting the comparison noted by @BitMEXResearch and highlighting the risk of misreading demand on lower‑usage chains; source: Coin Metrics network data, 2024; @BitMEXResearch, Nov 6, 2025.

According to @BitMEXResearch, the account stated "Last chance to buy over $100k" in a post dated Nov 4, 2025, drawing attention to the $100,000 threshold for buyers (source: BitMEX Research on X, Nov 4, 2025). Traders can treat $100,000 as a key observation level and monitor buy-side depth, liquidity sweeps, and funding conditions if price trades above that mark to gauge momentum and risk, based on the statement’s emphasis on the $100k level (source: BitMEX Research on X, Nov 4, 2025).

According to @BitMEXResearch, a small group of node runners relaxed Bitcoin relay policies while Bitcoin Core later aligned with the observed network conditions, rather than originating those changes itself (source: @BitMEXResearch). The same dynamic enabled full RBF on the network, allowed sub-1 satoshi per vbyte transactions to be relayed, and led to large OP_RETURN data being propagated (source: @BitMEXResearch). @BitMEXResearch emphasizes this as a property of Bitcoin that demonstrates the practical power of individual node runners to influence relay policy, which directly determines what transactions get relayed and at what minimum fee levels (source: @BitMEXResearch).

According to BitMEX Research, the team launched a basic website that tracks the reported Bitcoin clients used by the live active peers of some of their nodes, providing a dataset derived from their nodes’ connected peers rather than a full network crawl (source: BitMEX Research on X, Nov 4, 2025). BitMEX Research stated this approach differs from Bitnodes, which crawls the network to identify all reachable nodes, so figures from the two methods are not directly comparable (source: BitMEX Research on X, Nov 4, 2025). For trading desks monitoring BTC network infrastructure, this offers an additional reference point for observing client usage distributions based on peer-reported data from BitMEX Research’s nodes (source: BitMEX Research on X, Nov 4, 2025).

According to @BitMEXResearch, Fork Monitor is now running Bitcoin Core v0.8.6, released in 2013, and the client is currently at the BTC chain tip, confirming active synchronization on mainnet; source: BitMEX Research on X and forkmonitor.info/nodes/btc and bitcoincore.org/en/releases/0.8.6/. This live reading demonstrates backward-compatible consensus behavior, as a 2013-era node is tracking the contemporary chain without a divergent tip observed by this monitor; source: forkmonitor.info/nodes/btc. The v0.8.6 release predates soft-fork upgrades such as SegWit and Taproot, which are designed so older nodes remain compatible even if they do not enforce the new rules; source: github.com/bitcoin/bips/bip-0141, github.com/bitcoin/bips/bip-0341, developer.bitcoin.org/devguide. For traders, the monitor’s tip alignment indicates no fork-driven disruption signal in BTC settlement from this data point today, highlighting operational stability relevant to short-term risk assessment; source: forkmonitor.info/nodes/btc.

According to BitMEX Research, the proposal under discussion can be abused via a five-step process that encrypts objectionable content into a block, completes a large on-chain payment to receive service, waits any duration, then publishes the decryption key and, if a reorg occurs, rebroadcasts the large payment with a higher fee to self, enabling a double spend, source: BitMEX Research on X, Oct 27, 2025. BitMEX Research states the design encourages both double-spend attacks and the propagation of objectionable content while giving attackers control over transaction timing and sequencing, source: BitMEX Research on X, Oct 27, 2025. The scenario explicitly targets large BTC payments post-service delivery, underscoring direct settlement risk if such a mechanism were adopted, source: BitMEX Research on X, Oct 27, 2025.

According to BitMEX Research, a tiny minority of nodes, if operated correctly, can defeat incentive-incompatible transaction filters on Bitcoin, source: BitMEX Research on X, Oct 27, 2025. The post highlights the power of individual node runners and frames this as a positive for Bitcoin’s censorship resistance, source: BitMEX Research on X, Oct 27, 2025. The post offers no quantitative metrics or price guidance but positions node-level resilience as the core message, source: BitMEX Research on X, Oct 27, 2025.

According to @BitMEXResearch, the 2009 Satoshi Times is on display at the Lugano Plan B forum and the account publicly questioned why Lugano Plan B supports arbitrary data on the Bitcoin blockchain while tagging Paolo Ardoino; source: BitMEX Research post on X dated Oct 24, 2025. For traders, elevated support for inscriptions or other non-transactional payloads has historically tightened Bitcoin blockspace and driven fee spikes that can amplify short-term BTC volatility; source: mempool.space historical fee and mempool charts. Miner economics have tended to improve in such periods as the fee share of miner revenue rises, with a notable surge during April 2024 inscription activity; source: Blockchain.com Charts for miners’ revenue from fees and Glassnode on-chain data updates in April 2024. Monitor BTC fee rates, mempool size, and hashprice as leading indicators in the context of this debate; source: mempool.space dashboard and Luxor Hashprice Index.