Two Bitcoin developers are stepping up to the plate to criticize the increased transaction fees caused by BRC-20.
Two Bitcoin developers are stepping up to the plate to criticize the increased transaction fees caused by BRC-20.
Blockchain analysis platform Santiment is optimistic about the upcoming price increase of five cryptocurrencies. However, the context favors a significant decrease in altcoin prices compared to Bitcoin (BTC). Nevertheless, Santiment believes that Litecoin (LTC) and four other altcoins are undervalued.
In recent weeks, interest in cryptocurrencies has certainly increased among users. This includes Bitcoin (BTC). Memecoins like Shiba Inu are concerned too. However, this interest doesn't seem to be shared by all users.
There is a heated debate going on in the crypto world about the centralization of Ripple (XRP) between supporters and detractors of this cryptocurrency. Justin Bons, founder of CyberCapital, has accused Ripple's leaders of making false promises of decentralization. But Matt Hamilton and David Schwartz are not backing down, and they vigorously refute these allegations. The debate is raging, and it doesn't seem to be stopping anytime soon!
The Bitcoin network is experiencing intense activity with the speculative frenzy surrounding Ordinal's BRC-20. This influx has led to real network congestion, resulting in a drastic increase in transaction fees. Yesterday, block number 788695 set a historical record by reaching 6.7 bitcoins in fees, exceeding the 6.25 bitcoin block subsidy.
A major first in the history of the Bitcoin network. BRC-20 tokens based on the Bitcoin network via the Ordinals protocol currently have a combined market value of over $900 million. For members of the crypto community as well as analysts, this marks the rapid rise of an emerging asset niche on the most famous blockchain.
This prediction comes from Kevin Svenson, a crypto analyst with 126,000 followers on Twitter. He has stated that Bitcoin is gearing up for a bull run, and altcoins like LINK will follow it.
Binance is facing massive withdrawals as well as transaction fees multiplied by the latest fashionable nonsense: the BRC-20…
In April, the price of Bitcoin reached the $30,000 mark. A level it had not reached in several months. The price of Bitcoin (BTC) subsequently dropped from this level. This episode seems to have demonstrated the relevance of the asset. For some, it has now become a rock that nothing can shake.
The Cardano Foundation, a Swiss non-profit organization, has released its first annual report, revealing its numerous accomplishments in 2022. The report highlights the Foundation's work in supporting the development and adoption of Cardano, a blockchain platform that competes with Ethereum. The Foundation also managed to propel ADA onto a dozen new exchanges. Let's discover together the highlights of this report.
In March, Srinivasan made a bold prediction that Bitcoin would skyrocket due to the bankruptcy of banks and inflation. According to him, the price of BTC could reach $1 million. Despite the changing economic landscape in the United States, Balaji Srinivasan is sticking to his Bitcoin prediction.
A study by Privacy Affairs has revealed that darknet hackers are selling Binance accounts for $410 on the dark web. Accounts on other crypto platforms are being sold for as low as $30 each. Online bank account identification information and credit card details are also being sold.
Coinbase's executives have unlocked new levels in their artificial intelligence tool, ChatGPT. They have discovered a jailbreak in ChatGPT. This jailbreak allows them to calculate the probability of future crypto price scenarios. The tool is very useful and has estimated several future price scenarios for some famous cryptocurrencies.
Following the bankruptcy of Silicon Valley Bank (SVB), which created shockwaves in the banking industry, numerous institutions began to feel the effects of this collapse. This is particularly the case for First Republic bank, which is going through a period of crisis and getting closer to the edge of the precipice day by day. Is the banking carnage just beginning in America?
A detailed analysis of transaction volume, circulation and NVT divergence, and daily active addresses has revealed a slowdown in Bitcoin network activity. The gap between the rise in prices and the slowdown in network activity raises concerns about the sustainability of Bitcoin's growth and the possibility of increased market volatility.
The queen of cryptocurrencies has been performing well since the beginning of the year. Stimulated by the American banking crisis, the price of BTC has rebounded strongly. However, investors are not immune to the volatility of this asset. A famous crypto analyst has predicted a correction in the price of bitcoin (BTC). This movement will be imminent following a rally.
Bitcoin is the leading crypto in the crypto ecosystem, that's no secret. The asset's notoriety comes not only from its valuation, but also from its longevity. In a financial environment that is increasingly favorable to its development, BTC could earn more stripes.
In the world of cryptocurrencies, the Cypherpunk movement is often mentioned when discussing the origins of Bitcoin (BTC). But why? What role did it play in the creation of the pioneer of cryptocurrencies? And, most importantly, what does it entail exactly? Let's explore some answers together.
Bitcoin has always had a bad reputation due to its environmental impact. Bitcoin mining, which requires an astronomical amount of energy, is regularly criticized. It is even said that the entire Bitcoin network consumes as much energy as a whole country like Argentina. In other words, cryptocurrencies are perceived as wicked destroyers of the planet. But is this really the case?
Is Mexico about to follow in El Salvador's footsteps by embracing Bitcoin? That's what Samson Mow proposed to the Mexican parliament.
Should we unplug Netflix instead, or Bitcoin? The question may seem absurd. Yet the question of the social utility of BTC is often at the heart of criticism. But with the same power consumption, is Netflix really more socially useful than Bitcoin?
In less than a year, the next Bitcoin Halving will take place. If history repeats itself, we may be on the verge of a new all-time high (ATH).
Every day, there seems to be news of advancements in Cardano, which is pleasing the whales and pushing them to fill up on ADA frequently. Last weekend, the network's transactions were at their highest.
Bitcoin and Litecoin are often compared to gold and silver. These two cryptocurrencies share several similarities, including the halving phenomenon. In 2023, crypto analysts predict a notable difference between the upcoming Bitcoin and Litecoin halving.
Currently, the price of Bitcoin (BTC) is on an upward trajectory, which is excellent news for investors. After all, this bullish trend represents a significant opportunity for them to make substantial gains. However, Justin Bons, founder of Cyber Capital, believes that the flagship crypto could become a victim of its success. Here's why.
According to the international bank, Standard Chartered, Bitcoin is on track to hit $100,000 by the end of 2024.
The theory of the end of the US dollar has been spreading like wildfire in recent weeks. While some contest the idea of the dollar's demise, others believe it to be the end of an economic hegemony that has been long-standing. For some, it's a plot organized by enemies of western civilization.
The value of bitcoin (BTC) has fallen after reaching $30,000 recently. However, these trends are not stopping predictions that its price will explode. Some believe the asset could be worth at least twice its current price within a year. Here's the reason for their predictions.
With the appearance of Cardano Bitcoin (cBTC), decentralized finance (DeFi) could see major changes by integrating bitcoin with the Cardano blockchain in a decentralized and secure manner. This ambitious project raises questions about its potential and the challenges of taking advantage of the liquidity offered by the market's leading cryptocurrency.
Just one year after its debut, Intel is ending its production of ASICs dedicated to bitcoin mining.