As of Dec. 15, 2023, bitcoin’s price dynamics present a compelling narrative, marked by a blend of bullish trends and nuanced fluctuations. Following the U.S. Federal Reserve meeting on Wednesday, BTC’s price improved but has been in a tight consolidated pattern ever since. Bitcoin On Friday, bitcoin (BTC) exhibits a price of $ …
Xi Jinping Vows No Hegemony in China’s Approach to US, Aiming for Stable Ties
On Wednesday, Chinese President Xi Jinping delivered a speech emphasizing China’s aspiration for harmonious ties with the United States. The Chinese head of state conveyed his vision of an enhanced “friendship in the new era” between the two influential countries. He firmly declared that “China will never pursue hegemony or expansion.” Despite Reported Tensions, China’s […]
SEC Commissioner Hester Peirce Blasts ‘Scorched Earth’ Approach Against LBRY
Hester Peirce, commissioner of the U.S. Securities and Exchange Commission (SEC), issued a statement of dissent that referred to how the commission dealt with the LBRY case. Peirce criticized the approach that the SEC took when, according to her, the company had made significant disclosures about its token offering, having “no path” to register its […]
VC Katie Haun Says It’s a ‘Really Good Time’ to Be Investing in Crypto — Criticizes SEC’s Regulatory Approach
Venture capitalist Katie Haun is optimistic about the future of crypto. “It’s a really good time to be investing in this space during this down market,” she said. “I have actually never felt that in prior cycles, crypto was more inevitable than in this cycle, and this is the fourth cycle I’ve been in crypto,” […]
Bitcoin’s Mempool Congestion: Unconfirmed Transactions Approach 700,000 in September
Over the last fortnight, the quantity of unconfirmed bitcoin (BTC) transactions has consistently exceeded the 500,000 mark, nearly touching 700,000 on September 6, 2023. Metrics indicate that Bitcoin’s mempool, a shortened term for “memory pool,” has not completely cleared in more than four months, dating back to April 22, 2023. Bitcoin’s Backlog Swells: Unconfirmed Transactions […]