Bitcoin News

Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning
The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America.

Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years
Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin’s block subsidy of 6.25 BTC.

Long-Term Bitcoin Holders Add to Their Holdings, Even as Prices Retrace
As longer term bitcoin supply increases, the CoinDesk Bitcoin Trend Indicator (BTI) shows a market in uptrend, despite recent price declines.

Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues
Ether’s deflationary narrative continues despite Monday’s price drop. Major crypto assets traded down on Monday.

P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension
The platform shut down in April after the CEO expressed concerns about the safety of customer funds owing to a lawsuit from its co-founder.

Here's Why Bitcoin Blockchain Fees Have Surged to 2-Year Highs
Fees on the Bitcoin blockchain have surged to two-year highs as the ‘Bitcoin Request for Comment’ (BRC-20) tokens and the rising popularity of the Ordinals protocol drives demand for block space. "The Hash" panel discusses what this means for the Bitcoin community.

First Mover Americas: PEPE Peaks After Binance Listing
The latest price moves in crypto markets in context for May 8, 2023.

Block Demand Leads to Fee Spike as Bitcoin-Based Meme Coins Flourish
Over 11,000 tokens have been issued and traded on the Bitcoin network, data shows.

Liechtenstein Plans to Accept Bitcoin for Payments to State, Prime Minister Says: Report
Under the plans, any crypto received will immediately be exchanged for Swiss francs, Prime Minister Daniel Risch told German news publication Handelsblatt.

Meme Coin Trading Volume Surges to Two-Year High, Signals Caution for Bitcoin Bulls
Speculative mania in meme coins has historically presaged bearish reversals in bitcoin.
