After network congestion saw hundreds of thousands of unconfirmed transactions in the mempool and fees hitting $30+ earlier this month, things appear to be getting back to normal… slowly. Have Ordinals and BRC-20 meme-coins already had their day in the sun?
Bitcoin transaction fees are currently sky-high, as the generally drama-free network is hit by a recent craze for NFTs and dodgy meme-coins on the platform. There have even been calls to patch the ‘bug’ that made such ‘abominations’ possible…
After network congestion saw hundreds of thousands of unconfirmed transactions in the mempool and fees hitting $30+ earlier this month, things appear to be getting back to normal… slowly. Have Ordinals and BRC-20 meme-coins already had their day in the sun?
Bitcoin transaction fees are currently sky-high, as the generally drama-free network is hit by a recent craze for NFTs and dodgy meme-coins on the platform. There have even been calls to patch the ‘bug’ that made such ‘abominations’ possible…
The online payment processor is now holding almost half a billion dollars worth of bitcoin on behalf of its customers, along with ether, litecoin and bitcoin cash.
The U.S. may impose additional tax on cryptocurrency mining (cryptomining) operations. According to the White House, the tax is intended to offset the expenses that cryptomining operations place on society.
The financial services firm led a $36 million series A funding round to become Zodia’s second-largest shareholder. The money will fund geographic expansion, increased token coverage and enhancements to its settlement product, Interchange.
Bank of America looks increasingly bullish on BTC at the moment, with a backdoor investment in the cryptocurrency pioneer via a heavy accumulation of shares in the United States’ favourite bitcoin-ETF proxy, MicroStrategy.
A few weeks after adding USDT to Telegram Wallet, the wallet added the ability to use Bitcoin. And swaps of available cryptocurrencies are now made instantly.
