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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 »

Ordinals Defy Bitcoin’s Design Principles but Offer Miners Huge Post-Halving Advantages

Bringing more complex products to the network had the effect of using up more block space, and competition for this space drove up transaction fees. In fact, in May of 2023, during the height of the initial Ordinals craze, transaction fees accounted for a full 43% of the total income per block. Later in 2023,

Ordinals Defy Bitcoin’s Design Principles but Offer Miners Huge Post-Halving Advantages Read More »

Ethena (ENA) Is ‘The LUNA Of This Cycle’ With 20x Potential

Charles Edwards, the founder of Capriole Investments, has sparked significant interest and debate within the cryptocurrency community. He heralded Ethena (ENA) as “the Luna of this cycle,” but with a crucial difference: its economic fundamentals are deemed sustainable. Edwards elaborated, “It’s 100% collateralized and the yield is variable based on market forces. Two things Luna

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Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says

The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that the rise was primarily fueled by increases in shelter and gasoline costs. This acceleration in the inflation rate has unsettled the financial markets, with many

Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says 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 »

Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report

Bitcoin’s price movements on April 10, 2024, showcased a day of significant volatility, with the cryptocurrency’s value swinging between $68,207 and $70,917. Oscillators and moving averages paint a complex picture of neutrality and cautious selling signals, amidst a backdrop of a $1.35 trillion market capitalization. Bitcoin’s stance of neutrality and period of consolidation precede the

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Bitcoin ETF Outflows Nearing Equilibrium: Grayscale Chief

The Grayscale Bitcoin Trust (GBTC) appears to be approaching a critical balance point after a period of significant outflows, according to Michael Sonnenshein, CEO of Grayscale Investments. In an exclusive interview with Reuters on the latest episode of Inside ETFs, Sonnenshein delved into the challenges and transformations faced by the GBTC. Grayscale Investments has been

Bitcoin ETF Outflows Nearing Equilibrium: Grayscale Chief 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 »

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