Bitcoin Core Developer: Erosion of security budget may undermine Bitcoin’s monetary fundamentals

James O’Beirne raised alarms regarding Bitcoin’s diminishing security budget, indicating it may alter property rights policies. He highlighted the urgency of addressing this issue before the next few halvings, as potential changes to supply schedules could further threaten Bitcoin’s fundamentals.

Currently priced at $2.19, XRP showcases a consolidation phase after fluctuating between $2.10 and $2.30. Analysis suggests that a breakout above $2.30 could lead to an advance towards $2.40 to $2.50, although failing to break resistance may provoke selling.

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