Every Monday morning, we cover the latest developments and trends in the dynamic and ever-evolving world of cryptocurrency. From price movements, to industry news, and our favorite resources, we strive to provide our readers with a comprehensive overview of the crypto landscape.
Happy Monday, Ndaxers—this week:
Due to a lesser-known BIP (Bitcoin Improvement Proposal), Bitcoin daily transactions keep making new ATHs.
In the wake of mounting interest rates and yet another bank failure (the new 2nd largest such failure in US history), Bitcoin price, daily transactions, miner revenue, and percentage of supply being hodled long-term... Are all up.
Market Summary:
Performance:
Market Trends:
Remember Bitcoin Ordinals?
Well, now Bitcoin does Fungible tokens too, and “BRC-20"--the standard for issuing fungible assets on the Bitcoin blockchain—is on a tear.
Meanwhile, the White House introduced a new budget proposal called DAME.
And finally, remember how we recently informed you that the Kingdom of Bhutan had been quietly investing in Digital Assets for years?
As of 05/07/2023 12:30 AM EST, values in CAD.
Keep an eye on the market here 👉 Cryptocurrency Prices
In the cryptocurrency community, there's always something going on. Here are a few events and happenings that you might be interested in:
Mark your calendars!
Looking to learn more about cryptocurrency and blockchain? Here are a few resources that we recommend:
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Disclaimer: This article is not intended to provide investment, legal, accounting, tax, or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.