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Dan Held, the chief marketing officer of Trust Machines, discussed the rising transaction fees in Bitcoin and their potential impact on the community at the recent Bitcoin 2023 conference in Miami. Held highlighted that the increased fees were a result of the growing demand for Bitcoin’s block space, driven in part by the emergence of ordinals

According to derivatives data, Bitcoin’s price appears to be reaching a potentially positive breakout. The macroeconomic landscape, however, will ultimately determine the overall trend. Bitcoin has maintained a consistent price near $27,000 since May, exhibiting reduced volatility during this period. This pattern bears a striking resemblance to early April, when Bitcoin traded within the $27,800

Fred Pye, CEO of 3iQ, Canada’s first Bitcoin fund issuer, states that institutional investors and portfolio managers are now considering Bitcoin as a credible investment option in light of the fading hype around the cryptocurrency. During an interview at the Bitcoin 2023 event, Pye highlights Canada’s advanced regulations for crypto trading, which have attracted investors

Following a period of bullish price movement, the total value locked in DeFi protocols has fallen below $50 billion. This decline has caught the attention of Eun Young Choi, the director of the National Cryptocurrency Enforcement Team (NCET) at the U.S. Department of Justice (DOJ), who considers it a significant issue. Choi is particularly concerned

On May 19, at the Bitcoin 2023 event in Miami, TBD, a division of fintech company Block, unveiled the Web5 decentralized platform, with the goal of empowering users with control over their data and identity. Led by CEO Jack Dorsey, the platform aims to revolutionize applications by introducing decentralized identity and data storage, enabling developers

Since its inception in January, the total number of Bitcoin Ordinals has exceeded 8 million, according to a report by Dune Analytics. The report reveals that the total network fees paid for minting Bitcoin Ordinals reached 1,414 BTC, equivalent to $38.2 million, on May 20. This represents a significant increase of 700% from April 20

Despite being almost a year old, Nigeria’s eNaira central bank digital currency (CBDC) has failed to reach 1% of the country’s population, according to an IMF study. The performance of the eNaira was rated as “laudable” by IMF analysts, who also made some suggestions for improvement. Launched in October 2021 as the world’s second CBDC

Jessica Jonas, the chief legal officer of the Bitcoin Defense Legal Fund, has criticized a lawsuit filed by Craig Wright, who claims to be the creator of Bitcoin, Satoshi Nakamoto. Jonas explored the potential legal consequences of the high-profile case involving Bitcoin core developers at the Bitcoin 2023 event in Miami. The lawsuit in question

Uniswap, the leading decentralized exchange (DEX), is set to launch on the Moonbeam network, a Polkadot parachain, following the approval of a proposal on the exchange’s governance forum. The proposal, put forward by Blockchain at Michigan, received overwhelming support, with only one UNI token casting a dissenting vote. The smart contracts for the exchange have

According to local reports, South Korean Prime Minister Han Deok-soo has stated his support for the inclusion of Bitcoin in the property register of high-ranking public officials. On May 17, the prime minister made this announcement at a press conference at the Sejong Government Complex. He emphasized the significance of officials in high positions reporting