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Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity has ramped up in response to the market slump, fees have soared and the mempool filled on the BTC and ETH chains. Other crypto networks have operated smoothly, however, despite the pandemonium. Also […]
The post Crypto Networks Stress Tested During Bitcoin’s Wild Week appeared first on Bitcoin News.
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Analyzing and exploring the Bitcoin blockchain is always interesting, but for the more abstract thinker, several sites provide unique looks at the network, nodes, and transaction data in easy to grok, visual fashion. Some of these even border on the psychedelic or sci-fi otherworldly, taking viewers on a virtual trip through the blockchain. Also read: […]
The post A Picture’s Worth a Thousand Words: 18 of the Coolest Visualizations for Exploring the Bitcoin Network appeared first on Bitcoin News.
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Bitcoin’s next bull run will look very different from the last one. In 2017, BTC took the elevator to $20K before following the stairs down to $3K over the course of 12 months. In 2020, as bitcoin prepares for its halvening – followed by another potential price run – the cryptocurrency landscape looks very different. […]
The post More On-Ramps, Liquidity, Options: Why Bitcoin’s Next Bull Run Will Be Different appeared first on Bitcoin News.
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There’s never a bad time to be sending and receiving bitcoin, but right now is especially good. Fees are at the lowest in 18 months, with the average transaction value now under a dollar. This contrasts starkly with the latter quarter of last year, when rising fees peaked at $34. There’s a primary reason why […]
The post Bitcoin Usage Falls to Its Lowest in Months appeared first on Bitcoin News.
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Mark Cuban, a billionaire investor and the owner of the NBA’s Dallas Mavericks, has confirmed that his organization will begin accepting Bitcoin for tickets starting next season. Billionaire investor and Dallas Mavericks owner Mark Cuban says fans will be able to purchase tickets with #Bitcoin starting next season.https://t.co/ZXee3ewM3F — Joseph Young (@iamjosephyoung) January 16, 2018 In response to inquiries from Bitcoin users and supporters on social media, Cuban stated that beginning next season, the Mavericks will sell tickets to its games using Bitcoin. Bitcoin For Large Payments Evidently, the Bitcoin blockchain network is currently congested and its transaction fees are too high. Erik Voorhees, thePowered by WPeMatico
Transaction fees, a bugbear for many in the bitcoin community, are on their way down. Spiraling fees were a contentious issue that reached fever pitch in the twilight of 2017. But with the dawn of a new year, bitcoin has been blessed with reduced fees, set against a backdrop of increased Segwit adoption. Also read: […]
The post Bitcoin Fees Are Falling Amidst Greater Segwit Adoption appeared first on Bitcoin News.
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The cryptocurrency exchange Hit BTC has notified its clients that they need to pay a new fee to deposit bitcoin into the platform. This move might be replicated by more exchanges in time as they try to find ways to cope with the high fees on the network other than not accepting new clients or […]
The post Hit BTC Introduces Deposit Charges to Deal With High Bitcoin Fees appeared first on Bitcoin News.
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Bitcoin never sleeps or slows. With the holidays approaching, there was zero chance of the world’s leading cryptocurrency taking a break so we could tend to last-minute shopping and drinking. Like the primadonna that she is, this week in bitcoin continued the year’s trend of hogging the limelight, with tales of rising fees and Coinbase […]
The post This Week in Bitcoin: Markets Wobble While Fees Keep Soaring appeared first on Bitcoin News.
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In 2013, one bitcoin cost $20. In 2017, it costs $20 to send one bitcoin. With record highs, thriving adoption, and media attention, this should be a celebratory time for bitcoin believers. And yet it’s hard to shake the feeling that something isn’t quite right. How did we reach a point where the world’s bank […]
The post Bitcoin Fees Have Become Infeasible appeared first on Bitcoin News.
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