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Bitcoin Fees Fall 60% While Transaction Count Declines


Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...

Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network


According to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid...

Matic Network Collaborates With India Tech Giant, Infosys


Matic Network is now collaborating with Infosys, the Indian technological giant. Infosys will be the Dapp partner validator for Matic Network. The multinational IT company will be running a validator node worth $40bn on the Matic mainnet. The collaboration will ensure security and a strong platform...

BitcoinPoS Helps Resolve Issues Related to Centralization of Bitcoin Network


The world of cryptocurrencies is highly dynamic in nature and so requires constant efforts from firms to keep the customers hooked to their platforms. One such prominent developmental change introduced in the crypto arena is the pedagogy of ‘Bitcoin Proof of Stake’ (PoS) consensus. The concept...

Post Bitcoin Halving Challenges For The Bitcoin Network


The Bitcoin halving event, which takes place every four years, is the very core of the value and price of Bitcoin. This event limits the supply of Bitcoin and thereby maintains the tradable nature of the cryptocurrency asset. Bitcoin halving is an important part of the incentive system of Bitcoin’s...

Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode


Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...

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