Bitcoin24h $68,308.39-3.27%

Ethereum24h $2,070.56-3.97%

BNB24h $628.58-2.33%

XRP24h $1.39-3.44%

Solana24h $87.17-3.09%

TRON24h $0.3108+0.22%

Dogecoin24h $0.0911-3.14%

Hyperliquid24h $37.96-4.85%

Bitcoin Cash24h $466.22-0.25%

Cardano24h $0.2554-3.44%

Bitcoin dev Luke Dashjr proposes to ban ‘spam’ ordinals

Bitcoin ordinals are akin to spam, according to long-time developer Luke Dashjr, as the new NFT market causes congestion.

Binance halted bitcoin withdrawals amid ordinals madness

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.

The Fed’s decision on Wednesday is likely to dash hopes of a pivot from interest rate hikes, which has partly driven bitcoin’s 2023 rally.