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Bitcoin
Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases
Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction fees to decrease by…
What Happens Next in COPA vs Craig Wright Trial is Down to the Judge
The Crypto Open Patent Alliance is seeking several court injunctions from Wright.
Upland Introduces Token Reward System With ‘Share and Build’ Airdrop Series
Upland, a popular Web3 metaverse and crypto game, unveiled the inaugural chapter of its “Share and Build” airdrop series on Friday. This initiative is designed to reward players with tokens for their participation.…
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last…
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings…
Predicting the Peak — Analysts Gauge the Duration and Climax of the Current Bitcoin Bull Run
Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the…
Michael Saylor’s MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial…
First Mover Americas: El Salvador Holds More BTC Than Expected
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says…
While the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that prevents this from happening,…