BitcoinCash Weekly News January 7th 2025 by the BCHF

By Bitcoin Cash Foundation | Bitcoin-Cash | 7 Jan 2025

BITCOIN CASH NODE HAS UPGRADED, PLEASE UPDATE YOUR NODES

The Bitcoin Cash Node team rings in the new year with the release of version 28.0.1, a patch release that includes various corrections and improvements to the previous version. Notable updates include a performance improvement for large block processing, simplified ABLA startup checks, and improved peer-to-peer network block propagation logic. The release also includes updates to the getpeerinfo and getnetworkinfo RPC methods, as well as bug fixes and performance optimizations. Users are encouraged to upgrade to v28.0.1, which is available for download on the project website ASAP. This latest release includes the May 15, 2025 network upgrade, and users are advised to update to v28.0.1, or newer before the upgrade date to avoid software expiration.

TWO FRESH SERVINGS OF THE BCH PODCAST HIT YOUTUBE

Fans of Bitcoin Cash can now catch two new episodes of the Bitcoin Cash Podcast, offering a double dose of insights and banter. Episode #137 features Cheapy, Chief Sanitary Engineer at the BCH Foundation, who discusses Roger Ver’s Tucker Carlson appearance, fresh CHIPs, the BCH Foundation and his FundMe.cash campaign. Episode #138 brings back Ryan Giffin and Kallisti for the annual Christmas installment, covering top 2024 storylines, predictions, and more. Both installments feature lively conversation, community shoutouts, and forecasts for this year.

DEVELOPER MATHIEU GEUKENS POSTS HIS ANNUAL STATE OF THE CHAIN ADDRESS

The past year has been an exciting time for Bitcoin Cash, with numerous upgrades, project launches, and significant improvements in developer tooling. Once again developer Mathieu Geukens writes a year in review post about notable developments including: the Beta launch of the BCH Guru prediction platform, the introduction of Moria Money, a BCH-backed stablecoin, and major updates to popular wallets such as Paytaca, Zapit, and Selene. The Bitcoin Cash network also underwent a successful halving event in April and saw the activation of the Adaptive Blocksize Limit Algorithm (ABLA) upgrade in May. 2024 was a year of significant growth and maturation for Bitcoin Cash, with a growing community of developers and users driving innovation forward.

PAYTACA UNVEILS EXCITING UPDATES AND NEW MERCHANT ONBOARDING

Paytaca has announced the release of version 0.21.4, which introduces powerful new features and enhancements for interacting with CashTokens through Wallet Connect, including CHIP-2023–05-PayPro, allowing users to request payments for specific tokens, as well as improved token handling and app performance. Additionally, Paytaca has released a new episode of Paytaca Talks, spotlighting their efforts to expand Bitcoin Cash adoption in Ormoc City, and has welcomed Pink Berry Massage Spa to their merchant network, marking the first new merchant of 2025, which can be found on Paytaca’s merchant map.

MINISATOSHI UNVEILS BCH ECOSYSTEM HUB

MiniSatoshi, a self-described “freedom maximalist” and advocate for libertarianism and voluntarism, has launched a comprehensive overview of the Bitcoin Cash ecosystem at https://minisatoshi.cash/ecosystem. The hub showcases successful collaborations with companies and projects such as decentralized exchanges, stablecoin protocols, and other innovative implementations built on BCH, with the goal of promoting financial sovereignty and peer-to-peer electronic cash. MiniSatoshi, who sees himself as a small part of Satoshi’s mission to spread “freedom money” to the world, aims to provide a centralized platform for users to discover and explore the vast array of BCH services, apps, and resources, with easy search functionality by category or keyword.

BCHG FUND SEES SIGNIFICANT GROWTH IN 2024

The Grayscale Bitcoin Cash Trust (BCHG) has reported a substantial increase in its BCH holdings in 2024, with a market price per share of $6.18 as of January 6, 2025. Notably, the fund’s shares are trading at a premium, equivalent to 3–4 times the market value, which translates to approximately 1.6M BCH removed from spot markets. This highlights the potential impact of a BCH ETF on the market. The BCHG fund, which is designed to track the BCH market price, less fees and expenses, provides investors with exposure to BCH in the form of a security, eliminating the need for direct ownership and storage of the digital asset. More information on the Grayscale Bitcoin Cash Trust can be found on the OTC Markets Group website.

THE MARKET THIS WEEK