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3232Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
https://www.digit.info/bitcoin-network-starts-to-clear-congestion-onchain-fees-drop-by-90/
Thu, 11 May 2023 14:15:04 +0000https://www.digit.info/2023/05/11/bitcoin-network-starts-to-clear-congestion-onchain-fees-drop-by-90/Read more]]>On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion has been clearing, resulting in a significant reduction in onchain fees, which have now dropped below $5. As of now, there are only slightly over […]
]]>Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March
https://www.digit.info/bitcoins-average-and-median-sized-network-fees-rose-40-higher-in-march/
Fri, 31 Mar 2023 22:15:06 +0000https://www.digit.info/2023/03/31/bitcoins-average-and-median-sized-network-fees-rose-40-higher-in-march/Read more]]>In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin […]
]]>Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support
https://www.digit.info/magic-eden-launches-bitcoin-ordinal-inscription-market-partners-with-hiro-xverse-to-bolster-support/
Wed, 22 Mar 2023 00:30:03 +0000https://www.digit.info/2023/03/22/magic-eden-launches-bitcoin-ordinal-inscription-market-partners-with-hiro-xverse-to-bolster-support/Read more]]>On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction experience to the marketplace.” Magic Eden’s Decision to Launch on Bitcoin Without Royalty Support and Compete With Emerging Markets Magic […]
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion has been clearing, resulting in a significant reduction in onchain fees, which have now dropped below $5. As of now, there are only slightly over […]
In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin […]
On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction experience to the marketplace.” Magic Eden’s Decision to Launch on Bitcoin Without Royalty Support and Compete With Emerging Markets Magic […]