Bitcoin Network Experiences High Fees and Unconfirmed Transactions

High fees on the Bitcoin network and a backlog of unconfirmed transactions have sparked discussion among users as if Bitcoin is undergoing a denial-of-service (DoS) attack. According to Bits.media's own service, the average transaction fee on the Bitcoin network is about ...

BTC mining difficulty drops by 1.45%

Since the beginning of the year, the figure has increased by 30% This was due to an influx of new miners and capacity But in 2 weeks, the difficulty dropped from 48.71 tons to 48.01 tons As analysts predicted, the new correction in BTC mining difficul ...

Bloomberg Intelligence analysts confirm Bitcoin’s dominance as a global reserve asset

Bloomberg Intelligence analysts cited data on the growth of investor confidence in bitcoin: the first cryptocurrency successfully passed a liquidity stress test amid the US banking crisis. A study by Bloomberg Intelligence experts says that for the vast majority of crypto ...

CoinShares Analysts Refute Claims of Bitcoin Network Control by Small Group

CoinShares analysts have disputed the widespread belief that only a small group of people manage and develop the Bitcoin network. The Wall Street Journal had recently published an article titled "The future of bitcoin depends on a small group of secret programmers" but, according to CoinShares' F ...