Cryptocurrency Analysis and News Portal
U.S. President Biden said Friday he’s not budging on the $1,400 direct stimulus checks that his $1.9 trillion stimulus plan calls for. “It’s better economics,” Biden said of the relief package. “There’s a growing chorus of economists, right, center and left, that say we should be less focused on the deficit
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Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly.Digital currency markets have been extremely bullish lately as bitcoin (BTC) touched a
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[sociallocker id="55298"] Continuing congestion on the Ethereum (ETH) network has led some developers and community members to call for increasing the gas limit, which defines its transaction throughput.Data from Etherscan shows that the average gas price rose more than three-fold since early May, with an average of about 30 Gwei
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After making a strong recovery from $3,775 to $6,450, Bitcoin’s (BTC) price has traded in a tight range which has seen the price struggle to push above resistance at $6,400 and $6,850. Despite the current pullback, technical indicators like the Stock-to-Flow model and the network’s consistent growth in hash
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The chief strategy officer at Bitcoin (BTC) technology firm Blockstream has said that the current block size capacity may not even be needed in the future.Speaking in an interview with industry news outlet Decrypt on Oct. 6, Samson Mow stated that as off-chain scaling solutions such as the Lightning
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Crypto index fund provider, Bitwise Asset Management, has given another presentation to the United States Securities and Exchange Commission (SEC) in its bid for regulatory approval of its proposed Bitcoin exchange-traded fund (ETF). In a memorandum, issued Sept. 17, the SEC published Bitwise’s presentation outlining why it believes the SEC’s
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Those who have followed the Bitcoin saga from the very beginning know that it’s a mistake in 2019 to only pay attention to the so-called “grandfather cryptocurrency,” as that would mean ignoring Bitcoin’s many relatives (and competitors) that share the same DNA. Bitcoin Cash (BCH), when it comes down to brass
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The BTC community recently celebrated the fact that Segregated Witness (Segwit) transactions accounted for 50% of transactions and bech32 transactions doubled as well. However, the celebration quickly came to an
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