As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677 BRC20 tokens. These new BRC20 tokens have also amassed a collective market capitalization of $483 million. Statistics reveal that over 1.3 million Ordinal inscriptions have been issued in the past […]
The populous country would benefit greatly from taking advantage of the abundant renewable energy available. Governor of the Indonesian Province of West Java, Ridwan Kamil and prominent Bitcoin global advocate and JAN3 CEO Samson Mow, revealed in a fireside chat titled “The Indonesia Bitcoin Mining Campaign” that the government of Indonesia is researching various ways […]
This week, one of the biggest developments in the Bitcoin world was the announcement by El Salvador’s president that he plans to introduce legislation to make Bitcoin a legal tender in the country. The move is a major milestone for Bitcoin, as it would be the first time that a country has officially recognized it […]
Most investors purchase Bitcoin (BTC) through exchanges. However, one of the drawbacks of exchanges is that they also act as custodians for the assets bought by the users. Moreover, passwords and two-factor authentication are usually the only security measures. When it comes to helping customers who wish to purchase BTC, exchanges have a disadvantage. It is simply not feasible for them to concentrate only on […]
In the crypto market, it is known as Bitcoin Dominance or Bitcoin dominance, so what is Bitcoin domination? In more detail, Bitcoin dominance is a percentage value which is calculated based on the current Bitcoin market cap divided by the global crypto market cap. Reporting from the crypto exchange site Crypto.com, Tuesday (18/4/2023), for example, […]
A Georgian man who stole more than 50,000 Bitcoins from the Silk Road marketplace in 2012 has been sentenced to one year in prison. In a press release Friday, the US Department of Justice said James Zhong had been sentenced to one year and one day in prison on charges related to executing a scheme […]
Investment manager Larry Lepard has warned that the US dollar could lose a large portion of its value within 5 to 10 years. Following the start of the Russo-Ukrainian war, the US did something it considered very wrong: it seized $600 billion of Russia’s currency reserves equivalent to IDR 8.94 quadrillion ($1 = IDR 14,908). […]
The total market cap for all cryptocurrencies has climbed to its highest level since June, helped by bitcoin (BTC)’s massive 70 percent gain since starting the year. The increase in overall cryptocurrency capitalization stands out because it coincides with the industry facing one of the strongest crackdowns in its history, namely from dismal regulatory prospects. […]
In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin […]
The increase in the price of Bitcoin (BTC) from US$17,000 to US$28,600 in the last 3 months is a phenomenon that investors have been waiting for, especially BTC crypto asset owners. Looking at the journey of the Bitcoin crypto asset in the past, it was even recorded as not more than IDR 14,000. Various events […]