Bitcoin Block Size Sees New All Time High, Hash Rate Catching Up
The average block size of the Bitcoin network peaked at 1.341 MB on May 2, with the mining hash rate approaching a new all-time high. Go to Source Powered by WPeMatico
DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process. Go to Source Powered by WPeMatico
Average BTC Transaction Fees Increased 300% Days Before Halving
The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26. Go to Source Powered by WPeMatico
Litecoin Foundation Migrates to BitGo’s Multi-Signature Wallet
The Litecoin Foundation announced on May 7 that it would migrate from the multi-sig Electrum-LTC wallet to BitGo’s multi-sig wallet. Go to Source Powered by WPeMatico
SBI Holdings CEO: Ripple Partners Could Help Pandemic Supply Chain
SBI Holdings is proposing Ripple partner with multinational corporations to increase transparency and traceability across supply chains. Go to Source Powered by WPeMatico
Tokenized Real Estate Booms While Security Tokens Struggle
Despite a nearly double-digit retraction in the combined capitalization of the security token sector, real estate tokens gain over 4% during April. Go to Source Powered by WPeMatico
Bitcoin Price Bounces at Key Trendline Support 1 Day Before BTC Halving
Bitcoin bulls are attempting to reclaim $9,000 but resistance at $8,800 is holding back the recovery. Go to Source Powered by WPeMatico
Loom Network Responds to Rumors of the Project’s Demise
Representatives from the Loom Network have clarified that, though they have pivoted to an enterprise solution, the project remains active. Go to Source Powered by WPeMatico
$270M in Longs Liquidated as Pre-Halving Hype Backfires
98% of liquidations on BitMEX yesterday were long positions, indicating over-exuberant pre-halving bullishness at $10,000. Go to Source Powered by WPeMatico
