Analysis
Data on Taproot Ordinals points to higher Bitcoin fees, chain bloat
Taproot activity on the Bitcoin chain has spiked in recent weeks, the long-term consequences may include rising fees and chain bloating.
Samuel Wan 3 min read
BTC
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Bitcoin Price $83,484.25
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Top Bitcoin Stories
Mining
Riot Platforms’ Bitcoin production hits ATH in January
Riot's CEO Jason Les said the new record production was made despite the reduction to its deployed fleet and hash rate capacity.
Investments
Over $76M invested in crypto funds in past 7 days
Around 90% of this inflow was directed towards Bitcoin-related investment products, which equates to over $69 million.
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Adoption
Crypto companies scale back massively for Super Bowl LVII
Crypto spend is now focused on user experience, products, and customer service, rather than glitzy adverts.
Regulation
South Korea issues guidance on security tokens, STOs
S. Korea will regulate certain digital assets as securities under the Capital Markets Act and allow STOs under the Electronic Securities Act.
Adoption
Over 600,000 small addresses FOMO’ed into Bitcoin at $20k
Bitcoin analysts said this cohort accumulation is good for the network because it would make the asset more decentralized over time.
Analysis
BTC long-term HODLers hit all-time high as Bitcoiners refuse to sell
Bitcoiners holding for over 5 years hits all-time high as 2+ year holders also peak
Contributor
Guest Post
Op-ed: On Bitcoin and why there is no second best – Part 2
A key differentiator with bitcoin in terms of its ability to act as money is the credibility of its monetary policy.
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Legal
Craig Wright’s lawsuit against multiple Bitcoin developers will go to trial
Research
Research: BTC price surge increases miner profitability, indicating market bottom
Macro
Bitcoin drops to $23,250 on significantly higher-than-expected US payroll data
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