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Understanding Bitcoin Network Congestion: High Fees, and What to Do | by Blockchain.com | @blockchain

The Bitcoin network is currently experiencing significant congestion, leading to high transaction fees and delays in confirmation times. Why is the Bitcoin Network Congested? The growing popularity of Bitcoin has resulted in an increased number of transactions, straining the network’s capacity. Additionally, the limited block size of 1MB means that only a fixed number of […]

Understanding Bitcoin Network Congestion: High Fees, and What to Do | by Blockchain.com | @blockchain Read More »

Bitcoin (BTC) Price Back Down to $66K as Rising Treasury Yields Catch Investor Interest

“Bitcoin retraced down to $65,000, mostly attributed to the recent macro outlook on interest rates and rising Treasury yields,” Semir Gabeljic, director of capital formation at Pythagoras Investments, said in an email interview. “Higher interest rate environments typically tend to reduce investor appetite to risk.” Source link

Bitcoin (BTC) Price Back Down to $66K as Rising Treasury Yields Catch Investor Interest Read More »

Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs

On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining Fleet With 6 EH/S Boost From Bitmain Arkon Energy has revealed its acquisition of 27,700 bitcoin application-specific integrated circuit (ASIC) mining

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Paradigm Sets Ambitious Goal: Plans To Raise Up To $850M For New Crypto Venture Capital Fund

Venture capitalists are capitalizing on the recent resurgence of the cryptocurrency market as they rush to raise new funds. Paradigm, a crypto-focused firm co-founded by Fred Ehrsam, the co-founder of US-based crypto exchange Coinbase, and Matt Huang, a former partner at Sequoia Capital, is reportedly in discussions with investors to secure between $750 million and

Paradigm Sets Ambitious Goal: Plans To Raise Up To $850M For New Crypto Venture Capital Fund Read More »

Recognizing Recent Efforts By Volunteer Contributors on the Translation Team

Through continued donations and support from the community, we’re thankful to have recently been able to send out over $15,000 USD worth of bitcoin as a gesture of gratitude to people who volunteer to help translate bitcoin.org and spread the word about Bitcoin. Each month, contributors are helping localize bitcoin.org so that more people around

Recognizing Recent Efforts By Volunteer Contributors on the Translation Team Read More »

Understanding Bitcoin Network Congestion: High Fees, and What to Do | by Blockchain.com | @blockchain

The Bitcoin network is currently experiencing significant congestion, leading to high transaction fees and delays in confirmation times. Why is the Bitcoin Network Congested? The growing popularity of Bitcoin has resulted in an increased number of transactions, straining the network’s capacity. Additionally, the limited block size of 1MB means that only a fixed number of

Understanding Bitcoin Network Congestion: High Fees, and What to Do | by Blockchain.com | @blockchain Read More »

Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin

Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank will be able to purchase the currency using Tochitsuka, an app developed by Digital Platformer, that previously allowed users to earn points from city services. Hokkoku Bank Reaches Milestone With Deposit-Backed Stablecoin Tochika Hokkoku Bank

Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin Read More »

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