Global investment bank Goldman Sachs has advised investors against anticipating a sudden and immediate surge in the price of bitcoin upon the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Nonetheless, Goldman Sachs highlighted that the “ability to actually transact a product that people are familiar with and […]
Bitcoin transaction fees have surged again. On Dec. 6, 2023, bitinfocharts.com reported that the average cost of a bitcoin transaction soared to $ 27.55. Presently, the average transaction fee hovers around $ 13.93, alongside a growing backlog of unconfirmed transactions, currently at 249,000 at the time of this report. Rising Backlog Drives Sharp …
Over the past day, a considerable number of crypto assets have experienced a decline. However, looking at the seven-day performance, several of them have maintained a substantial increase. For example, bittorrent (BTT) has seen a significant surge of 188% in the last week, while bonk (BONK) has also recorded a 100% rise during the same […]
FTT, the exchange token launched by the now defunct cryptocurrency trading platform FTX, has experienced a significant 200% surge in value over the past two weeks, surpassing the $ 3 per unit mark. Ranking as the fifth largest exchange coin in terms of market capitalization, FTT stands below prominent counterparts like BNB, LEO, OKB, …
As September 2023 waned, there was a noticeable dip in the creation of Ordinal inscriptions, but as the month of October closed, a significant rebound occurred. This upward trend peaked on November 4, 2023, when the Bitcoin blockchain recorded the second-highest daily total of Ordinal inscriptions minted within a single day. Second-Highest Bitcoin Inscriptions Recorded, […]