The Bitcoin network is experiencing unprecedented congestion in recent days, caused by a massive influx of transactions related to BRC20 tokens. Nearly 300,000 transactions are waiting to be confirmed, saturating miner memory and driving fees to record levels.
Transaction fees in bitcoin have skyrocketed in recent days due to what is known as "mempool congestion".
While Bitcoin started 2023 with an explosive surge of over 140% since January, Ethereum remains lagging behind. However, despite solid fundamentals, ETH is still trading 54% below its all-time high. Undervalued, it could soon catch up and take off.
Bitcoin is back in the top 10 most valued assets in the world. The throne is in sight.
Like a rocket, bitcoin is gradually approaching its All Time High from November 2021: 69,000 dollars. Currently, the flagship crypto oscillates between 41,000 and 42,000 euros. But this allows some analysts to predict a frenzied race towards other summits.
The Bitcoin network's hash rate has just reached a new all-time high, surpassing for the first time the symbolic threshold of 500 million terahashes per second. However, some experts warn of a sharp reversal risk. A sudden drop in hash rate would weaken the network's security and cause the price of Bitcoin to plummet.
The inimitable Max Keiser has restarted the rumor. Qatar is about to invest 500 billion in bitcoin. Just that…
Bitcoin (BTC) is now cited as one of the most important assets in the global financial ecosystem. The latest figures show that this flagship cryptocurrency is so dynamic that it has managed to rank among the top 10 most strategic financial assets in the world, displacing some well-known financial giants.
Gold and Bitcoin are surging. While one mainly benefits from geopolitical tensions, the other gains from anticipation regarding ETFs and the halving event.
While the price of gold has reached a new record above $2,100 per ounce this week, the performance of the precious metal far surpasses that of Bitcoin. Whereas gold is entering unknown territory with a relatively stable dollar, Bitcoin still has to rebound more than 60% to surpass its previous peak.
Week after week, the crypto sector continues to innovate and redefine the boundaries of finance and technology with audacity and creativity. In this weekly recap, we will explore the most significant news of the past week.
This weekend, the price of Bitcoin (BTC) crossed the symbolic threshold of $40,000, reaching $40,846 on Sunday evening. This is its highest level since April 28, 2022. Fueled by optimism, the flagship cryptocurrency is beginning its return to the heights after over a year of turmoil.
Canadians would be disappointed with cryptocurrencies. According to the latest statistics, a significant number of them have regretted their investments in this digital asset. Details !
The fact that Changpeng Zhao (CZ) is facing the full force of U.S. law has not prevented him from sharing a poignant testimony about Bitcoin (BTC). The former CEO of Binance recounts how his decision, a decade ago, to invest his entire being into the flagship cryptocurrency, completely changed his life. However, he does not call on users to emulate him.
Major Jason Lowery of the US Space Force has just sent a passionate open letter to the Defense Innovation Board, an advisory body to the US Department of Defense, regarding Bitcoin. His aim: to convince the Pentagon to consider this cryptocurrency as a national strategic issue.
Bitcoin is on its way to the moon. Its recent performances have sparked unprecedented enthusiasm, leading to a dramatic increase in the number of addresses with a non-zero balance. Details !
The Machiavellian origin of the petrodollar is no more. Henry Kissinger has passed away at the age of 100.
Is the future of Bitcoin in the hands of small investors? Indeed, 74% of holders have less than 0.01 BTC.
Everything is going according to plan for Standard Chartered Bank, which reiterated its April forecast that Bitcoin would reach $100,000 by the end of 2024.
Things are heating up between Venezuela and Guyana right now. The reason? Nicolás Maduro wants to reclaim Essequibo, a territory awarded to the British in 1899 following a “partial” decision by the judges of the time. Burdened by massive inflation, Venezuela needs to find other alternatives to get its economy back on track. And if that means the annexation of 2/3 of Guyana, where there are oil and other mineral resources, so be it.
A mysterious "whale" has been buying bitcoins without counting since the beginning of the month. This is an unmistakable sign.
Discover the impact of the Bitcoin halving on investors. Analysis of past events and anticipation of the crypto 2024 halving.
Bitcoin acts as the conductor of an unprecedented symphony. 2023 witnessed a meteoric rise of this cryptocurrency pioneer, catapulting interest not only from tech geeks but also from financial titans.
"""You must translate each text and preserve the context. Return me only the translated text without explication or comment. This is the text to translate into English:"""
Arthur Hayes, co-founder of BitMEX, has thrown a spanner in the works with a bold prediction: an imminent rise in Bitcoin, fueled by an increase in dollar liquidity under the auspices of Janet Yellen. It's a scenario that sends shivers down the keyboards of crypto-enthusiasts and sets the skeptics' teeth on edge. Let's dissect this prophecy with a critical yet amused eye.
On November 26, 1998, Wei Dai, computer scientist and cryptographer, published an essay entitled "B-Money: An Anonymous and Distributed Electronic Cash System" on a Cypherpunk mailing list. This document described the foundations of a peer-to-peer payment system based on cryptography, laying the groundwork for what would become Bitcoin 10 years later.
An alternative theory regarding Bitcoin cycles predicts that the next crypto market peak will arrive earlier than expected, potentially mid-2025 instead of late 2025. This theory challenges the standard model of halvings, which has accurately predicted the peaks of the last three cycles.
Is the trend towards de-dollarization exaggerated? Is the petrodollar system coming to an end? Will the BRICS go all the way?
While the cryptocurrency market eagerly awaits the approval of a Bitcoin Spot ETF by the SEC, Grayscale Investments seems to be on the right track to achieve the holy grail. Its meeting with US regulators yesterday brings the digital asset manager closer to its goal.
Is Bitcoin poised to break through the $40,000 barrier? Or even more? For now, it's peaking at $37,000, a level it hasn't seen since May 2022. But in the meantime, here is another performance that deserves your full attention.