In brief:



$83,423.00
-0.30%$1,811.27
0.08%$2.13
0.01%$592.86
-0.35%$120.29
-0.34%$0.999905
-0.00%$0.167754
-0.80%$0.647516
-1.41%$0.236504
0.20%$1,809.32
0.01%$83,397.00
-0.32%$9.14
-0.81%$12.81
-0.16%$3.26
-1.93%$0.999815
-0.01%$0.252471
-2.04%$2,167.66
-0.08%$17.47
-3.52%$0.00001228
-0.27%$2.19
-1.77%$0.160398
-1.32%$82.39
-2.12%$3.95
-1.26%$6.22
-0.77%$297.67
-1.08%$4.46
-1.26%$0.998955
-0.01%$0.998184
-0.28%$1,810.36
0.04%$0.651143
46.11%$1,924.44
-0.03%$28.04
2.04%$214.80
-1.85%$11.72
-0.68%$5.85
-0.34%$54.21
5.48%$1.047
0.01%$0.00000707
-1.83%$4.85
-0.34%$2.43
-2.14%$22.52
0.18%$83,402.00
-0.36%$32.43
-2.83%$0.805973
-0.72%$0.740628
0.33%$0.090478
-2.94%$5.07
0.60%$15.93
-1.41%$150.92
-0.42%$1.16
0.01%$0.995934
0.10%$4.76
-2.72%$1.00
0.00%$0.02200868
0.15%$218.49
0.82%$9.11
-2.12%$83,374.00
0.64%$0.317484
-1.69%$2.68
-2.11%$4.04
-0.11%$0.063925
-1.33%$3.15
-0.95%$0.187112
-1.24%$0.182674
-2.41%$0.488914
-2.07%$2.63
-3.34%$0.306401
-1.63%$82,555.00
-0.91%$9.67
-4.69%$0.691503
-2.41%$1,351.66
3.08%$0.748368
-3.04%$0.071114
4.68%$0.427128
-2.93%$4.24
2.29%$0.386464
-3.47%$1,809.22
-0.22%$1,880.04
-0.12%$1.032
-4.01%$68.08
0.09%$0.999597
-0.02%$125.45
-0.44%$0.604094
-0.30%$0.372806
-1.07%$0.736901
-1.90%$2,050.04
0.20%$0.00001106
-0.82%$0.999175
-0.18%$14.79
1.74%$0.999507
-0.04%$0.997775
-0.01%$0.01314138
-2.48%$8.19
-0.91%$0.162765
-0.78%$0.082269
-0.31%$0.77835
-1.36%$85,734.00
3.43%$3,052.36
0.38%$0.417909
-4.13%$0.824771
-1.51%$0.999564
-0.02%$592.21
-0.59%$1,923.65
0.08%$3,061.68
0.20%$0.653108
-0.67%$83,222.00
-0.38%$0.520754
-6.71%$0.01468652
-1.56%$0.260492
-1.00%$0.484982
-1.63%$5.88
3.04%$0.108298
0.46%$1.001
0.09%$0.00000063
-0.10%$0.165262
-0.41%$30.74
0.14%$37.39
-5.86%$0.369871
-0.49%$154.14
-0.28%$1,884.61
-0.03%$1.77
-2.59%$0.00005516
-1.82%$0.999511
0.02%$1.78
-2.01%$0.998798
-0.13%$1.77
-3.61%$2.84
0.12%$132.02
-0.35%$15.08
-0.60%$3.08
-3.46%$0.99768
0.02%$0.01018777
-2.64%$0.999592
-0.08%$0.490526
-0.13%$0.130506
-3.48%$0.607262
-2.20%$0.50354
-4.14%$80,880.00
-2.08%$0.999889
-0.04%$0.999964
-0.03%$0.066655
-2.53%$5.90
2.82%$0.244213
0.73%$1.62
-11.88%$0.402802
0.15%$0.00472927
0.40%$2.72
-1.19%$1,923.64
0.07%$0.430987
-1.88%$0.16742
-1.20%$0.00000043
-0.41%$83,429.00
-0.32%$83,123.00
-0.86%$0.081769
0.58%$0.00730053
-2.33%$1,811.33
0.08%$1.08
0.07%$0.999671
0.53%$110.58
0.00%$0.138862
1.36%$24.56
-9.78%$0.648883
-2.03%$1,810.36
0.04%$0.151394
-3.11%$14.07
-1.23%$0.04148698
-0.50%$43.84
0.01%$1,810.68
0.09%$1.11
-0.75%$0.00001934
-0.84%$1.097
-0.20%$0.381896
-0.49%$83,480.00
-0.06%$5.64
-0.65%$1,888.91
0.03%$0.080075
-6.84%$5.02
5.05%$0.440824
-0.36%$0.537745
-1.02%$0.999491
-0.00%$1.00
0.03%$0.00656275
0.56%$0.170042
-7.58%$0.793696
-1.29%$2.95
-2.32%$0.187206
-1.48%$1,824.42
-0.62%$1.55
0.47%$0.998607
-0.22%$0.336899
-2.03%$0.00005794
-1.06%$1,805.50
-0.20%$0.00000153
-5.65%$0.00933641
4.14%$0.03125763
-0.55%$0.998695
-0.29%$0.00361214
-1.39%$83,158.00
-0.30%$116.38
-0.08%$0.00473208
0.41%$0.366674
3.78%$0.522089
5.19%$0.999375
-0.06%$0.02952471
-3.06%$1,785.78
-0.00%$1,810.29
-0.07%$0.229554
-0.36%$1.14
-0.08%$1.095
-1.12%$2.83
-1.32%$83,269.00
-0.26%$21.36
-1.05%$0.221604
0.01%$0.586366
-1.11%$0.124788
4.76%$1,910.28
-0.06%$0.1848
-1.05%$3,036.01
-0.03%$0.501137
-1.06%$1,982.93
0.12%$0.03132847
4.06%$0.242977
-0.60%$14.81
-1.43%$21.99
-0.89%$0.00272765
0.14%$1,968.39
-0.03%$3.01
-5.01%$0.999824
-0.02%$1,675.54
-0.26%$0.0334236
2.82%$0.678356
-0.17%$0.943977
1.05%$1,810.76
0.16%$0.09983
-1.55%$0.05998
0.98%$0.01112057
-1.62%$0.00292755
-3.98%$0.999494
0.04%$0.512224
0.02%$0.999903
0.02%$17.49
-3.41%$0.999497
0.01%$82,411.00
-0.21%$0.00448386
0.88%$0.00034394
-10.56%$0.457905
-3.70%$0.00198989
-2.77%$0.02664803
0.51%Reading
The cost of making a Bitcoin transaction has fallen by 50% in five days, with the backlog of transactions, which had been clogging the network, starting to lessen up.
That marks a swift reversal for Bitcoin, where transaction fees had skyrocketed by more than 2,000% in 2020 alone.
Seen below, the average fee incurred by users of the Bitcoin network fell by 53%—from $6.64 to $3.06, according to data from Bitinfocharts.
The sudden drop in fees follows a drastic reduction in the number of unconfirmed transactions clogging up the Bitcoin mempool. Bitcoin’s mempool is where Bitcoin transactions sit, waiting to be confirmed on the network. It can be measured in megabytes (MB) of data, or in raw numbers. Seen below, the number of transactions awaiting confirmation in Bitcoin’s mempool has fallen by 71% in the last five days.
While the sheer number of transactions have fallen hard and fast in the past five days, the size of its mempool in megabytes remains relatively high. Right now, Bitcoin has a congested mempool equalling just under 60MB in size—down 33% from its recent peak of 90MB on May 20—as per data from Blockchain.com. Given Bitcoin’s ten minute block times, which produces six blocks per minute, the 60MB backlog could subside in just over 10 hours.
This does assume a continued low transaction rate. But Bitcoin’s transaction count has been dropping recently. The overall number of Bitcoin transactions has fallen by 37.9% in the past two weeks since the block reward halving, according to data from Bitinfocharts. So while fees are coming down, transactions are too—and that’s not a good thing.
Another solo Bitcoin miner defied the odds last week, processing a block and bagging a 3.125 BTC reward. At the time—including the transaction fees—that was a $259,637 payday. And it was one of several such solo scores in recent months. Was the miner lucky? Is solo mining becoming more common? And can an average Joe hook up a hobby mining machine and succeed with minimal resources compared to publicly traded miners? The answers vary. Solo miners, a term used to describe everything from individua...
Today marks what crypto enthusiasts celebrate as Satoshi Nakamoto's 50th birthday, according to the birth date the mysterious Bitcoin creator registered on his profile for the P2P Foundation—a nonprofit organization dedicated to researching and advocating for the adoption of P2P solutions. Based on his profile, Satoshi was born on April 5, 1975. That is, of course, as unverified as most of the lore surrounding the Satoshi saga—and the date carries symbolic weight that crypto historians find too...
Machine learning has been used to detect crypto malware targeting users of bitcoinlib, a popular Python library for making Bitcoin wallets. ReversingLabs says the malicious packages attempted to overwrite legitimate commands in order to extract sensitive database files. Researchers say bitcoinlib is a "widely used open-source library" that allows crypto wallets to be created and managed—attracting more than one million downloads since its launch. Named "bitcoinlibdbfix" and "bitcoinlib-dev," the...