Since the halving, 63 blocks have been mined, and bitcoin miners have accumulated substantial fees following a dramatic increase in the fee rate. This surge took the cost per transaction from $18 to over $245, recorded at 9:00 p.m. EDT on Friday evening. Since then fees have dropped and by Saturday morning at 7:30 a.m. […] Source: https://news.bitcoin.com/bitcoin-miners-smash-previous-revenue-records-post-halving-over-54m-collected-in-60-blocks/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Welcome to Bitcoin’s fifth epoch. Following the network’s programmed reduction in newly issued Bitcoin, a new era of digital scarcity has been ushered in. Like clockwork…
The Nigerian central bank governor has refuted claims that the bank is using the country’s foreign exchange reserves to shore up the naira. The governor attributes the decline in reserves to debt repayments and other payments, which are made because they help to maintain Nigeria’s credibility. Maintaining Nigeria’s Credibility Yemi Cardoso, governor of the Central […] Source: https://news.bitcoin.com/nigerian-central-bank-governor-denies-using-forex-reserves-to-defend-local-currency/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt. The long-anticipated halving event took place on 4/20 and after all the hype and speculation, Bitcoin is…sitting pretty still. CoinGecko shows…
The Reserve Bank of Zealand has said the proposed digital version of the country’s physical cash would provide universal access to central bank money, either in physical cash or digital form. According to the central bank, the digital version will not only be government-backed but will also be denominated in the local currency. Universal Access […] Source: https://news.bitcoin.com/reserve-bank-of-new-zealand-releases-digital-currency-consultation-paper/
The U.S. dollar is likely to remain the world’s dominant reserve currency due to the absence of credible challengers. Morgan Stanley suggests that the Chinese yuan, often considered a potential rival to the U.S. dollar, currently falls short and is unlikely to dethrone the greenback. Reserve Managers to Grapple With U.S. Dollar According to the […] Source: https://news.bitcoin.com/morgan-stanley-us-dollar-has-no-credible-challengers-reserve-currency-status-to-endure/
Worldcoin, the digital biometric identification project, has rejected the claims made by Buenos Aires regarding possible infringements of customer protection laws. The organization told local sources that it answered Buenos Aires’ requirements since January to show the transparency it exercises in its operations. Worldcoin might face a deeper investigation if a local proposal gets approved. […] Source: https://news.bitcoin.com/worldcoin-rejects-buenos-aires-claims-regarding-abusive-user-contract-clauses/
Boxing legend Mike Tyson has become an ambassador for the blockchain-based social networking app, Ready to Fight. Tyson describes Ready to Fight as a boxing-centric social network that assists boxers and the boxing community with their business needs. RTF Aims to Revolutionize the Boxing Ecosystem Former heavyweight boxing champion Mike Tyson has joined the Web3 […] Source: https://news.bitcoin.com/legendary-boxer-mike-tyson-joins-blockchain-social-network/
Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments, and block 840,004 accumulated 24 bitcoins in fees valued at over $1.5 million. Bitcoin Transaction Fees Skyrocket Above $240 […] Source: https://news.bitcoin.com/after-halving-event-bitcoin-transaction-fees-soar-to-over-240/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The oldest and largest blockchain ticked over into its 840,000th block shortly after midnight UTC on Saturday morning, kicking off April 20—yes, 12:10 a.m. on 4/20—triggering…
