Tether to spend profits on growing its mysterious bitcoin reserves
As of March, Tether’s $1.5B in bitcoin was triple the amount of cash in its reserves. This change will likely exacerbate that difference.
As of March, Tether’s $1.5B in bitcoin was triple the amount of cash in its reserves. This change will likely exacerbate that difference.
Bitcoin ordinals are akin to spam, according to long-time developer Luke Dashjr, as the new NFT market causes congestion.
Binance halted withdrawals of bitcoin as on-chain fees spiked due to increased usage of the ordinals protocol.
Bitcoin block 788695 registered higher transaction fees than miner’s rewards, triggering criticism that ordinals are breaking bitcoin.
MicroStrategy says revenues from its analytics business may not be enough to pay its debts and it may have to sell its bitcoin or more shares.