Bitcoin is booming and so are network fees. As investors cheer Bitcoin’s recent surge above $44,000, its highest in 20 months, increased network congestion is sparking another fight over Ordinals projects like NFTs and BRC-20 tokens.Ordinaries are still in the storm over what should and should not be allowed on the Bitcoin blockchain. On Wednesday, Bitcoin Core developer and Ocean Mining CTO Luke Dashjr criticized Ordinals’ inscription and its impact on the Bitcoin network.“‘Inscriptions’ are exploiting a vulnerability in Bitcoin Core to spam the blockchain,” Dashjr wrote on Twitter, adding that Bitcoin Core allows users to limit the size of…
Author: Crypto Flexs
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Tron’s profits have been on the rise over the past few months. The price of TRX rose slightly last week and market indicators remained weak. Tron (TRX) It comfortably holds the top spot on the blockchain’s list of daily active users. Blockchain has also reached new milestones that clearly reflect its high adoption rate and usage. But will these achievements help promote Tron’s overall health? Tron achieved its goal Tron has comfortably held the top spot in the list of cryptocurrencies by daily active users for several months. AMBCrypto found that TRX has 1.6 million daily active users. Just to…
The potential approval of a spot Bitcoin exchange-traded fund (ETF), the upcoming BTC mining rewards halving, and major regulatory and enforcement actions will have a profound psychological impact on market prices. This was a key takeaway from the Next Block Expo conference in Berlin, where Bitcoin surpassed $42,000 for the first time in more than a year. Animoca Brands CEO Robby Yung, gumi Cryptos Capital Managing Partner Miko Matsumura, Binance Regional Manager Jonas Jünger, and Polkastarter Head of Business Development João Leite weighed in on whether the current cryptocurrency bear market is coming to an end in a conversation with…
PEPE price, struggling to make significant upward progress, may face the challenge of reaching $0.0000020 in the coming weeks and exceeding this particular threshold. Predicting the long-term trajectory remains difficult. It would take a massive rise from current levels for PEPE to hit $1, a feat that would establish PEPE as the most profitable meme coin in history. Lacking a strong foundation and utility, meme tokens constantly face the looming threat of being overshadowed by newer, trendier tokens. Therefore, a slight rise to $0.0000020 in the near future seems reasonable, but a surge beyond this could be a huge hurdle…
Cathie Wood believes the SEC’s spot Bitcoin ETF decision could have a major impact on institutional adoption of cryptocurrencies. Wood sees this impending approval as a pivotal moment, suggesting that this approval could be the “final approval” for institutions considering investing in cryptocurrencies. ARK Invest, in collaboration with 21Shares, is awaiting a decision on its ARK 21Shares Bitcoin ETF (ARKB) proposal, a ruling expected on January 10th. The SEC’s previous approval of a Bitcoin futures ETF in October 2021 was seen as a cautious yet progressive step despite concerns about counterparty risk compared to cold storage spot products backed by…
Merit Circle DAO, a gaming-focused blockchain organization, and Immutable announced a partnership to accelerate the development of web3 video games.Part of the partnership includes Beam, a subnet created for the Merit Circle DAO. immutability ZkEVM, an expansion solution provided by Polygon. Previously, Beam was exclusive to the Avalanche, the two organizations said in a statement.“At Merit Circle DAO, we want Beam, our gaming ecosystem, to be where the games, players, and developers are. immutability Polygon Labs represents a big step toward that vision.” Marco van den Heuvel, Merit Circle CGO and co-founder, said in a statement. “Our user-friendly application immutability’s…
Bitget Adds Cetus Protocol (CETUS) to its Growing List of Tokens – Chainwire housenewsroomBitget adds Cetus Protocol (CETUS) to its growing list of tokens We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate…
December 6: beamAn open source blockchain specialized for games, Merit Circle DAONow released on the following dates: immutable zkEVMgroundbreaking expansion solution based on polygonAccording to the team, “Beam is both an ecosystem and a blockchain. We want to be chain-agnostic. Where we started with subnets was avalanche, we don’t want to be limited to just the Avalanche ecosystem. “Currently, we are working with Immutable to launch some products on zkEVM and integrate that network into our products as well.”
Although Bitcoin is witnessing profit-taking by short-term holders, institutional investors continue to pour money into BTC investment products.
An intimate conversation between two prominent cryptocurrency thought leaders provided a comprehensive snapshot of how far the U.S. financial technology regulatory debate has come. That tone echoes other influential crypto investors, including SEC Commissioner Hester Pierce, CFTC Commissioner Kristin Johnson, Senator Cynthia Lummis (R-WY), Senator Kirsten Gillibrand (D-NY), and Representative Ritchie Torres (D-NY). This resonated through follow-up panels with policy experts. . Looking back on the evolution of the debate in D.C., Emmer emphasized that the Infrastructure Investment and Jobs Act of 2021 was a pivotal moment when lawmakers recognized both the transformative potential of cryptocurrencies and their strong support…