Brc 20


Videos

Bitcoin in El Salvador Is 'No Longer an Experiment': Asobitcoin President

Bitcoin transaction fees are, on average $20 per transaction and it surged to as high as $30 on Wednesday morning on the rising popularity of BRC-20 tokens. Asobitcoin President Will Hernandez dissects how this is impacting Salvadoran's use of the cryptocurrency on the ground in El Salvador.

CoinDesk placeholder image

Markets

Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy

Transaction fees on the Bitcoin blockchain have hit a two-year high due to the rising popularity of so-called BRC-20 tokens.

Canary Capital Group, a new digital asset-focused investment firm, has plans to launch an exchange-traded fund tied to Litecoin. (Litecoin Foundation)

Markets

Bitcoin Cash Rises 11% but Gains Could Be Short-Lived

The token was up 11% on the day, but analysts think the cryptocurrency will not be able to sustain its gains.

(TradingView)

Tech

Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning

The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America.

The explosion of BRC-20 tokens has put Bitcoin to the test. (Jose A. Bernat Bacete/Getty Images)

Videos

Binance Resumes Bitcoin Withdrawals as Bitcoin Blockchain Fees Jump

Binance resumed bitcoin withdrawals after a second pause, as the Bitcoin network suffers from congestion. This comes as fee rates on the bitcoin blockchain surged to a 2-year high after Taproot enabled inscriptions and BRC-20 to take up coveted block space. Sam Reynolds, CoinDesk Senior Markets Reporter for Asia, breaks down this developing story.

CoinDesk placeholder image

Videos

Here's Why Bitcoin Blockchain Fees Have Surged to 2-Year Highs

Fees on the Bitcoin blockchain have surged to two-year highs as the ‘Bitcoin Request for Comment’ (BRC-20) tokens and the rising popularity of the Ordinals protocol drives demand for block space. "The Hash" panel discusses what this means for the Bitcoin community. 

CoinDesk placeholder image

Markets

Bitcoin Network Congestion Causes Binance to Pause Withdrawals

The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the Bitcoin protocol.

(Danny Nelson/CoinDesk)

Opinion

Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens

A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless?"

Piggy bank bent forward change money coins (Andre Taissin/Unsplash, modified by CoinDesk)

Opinion

Bombee los BRC: la promesa y el peligro de los tokens respaldados por Bitcoin

Una nueva forma de emitir tokens en Bitcoin está creciendo rápidamente. Entonces, ¿por qué su creador advirtió que “no tendrán valor”?

Piggy bank bent forward change money coins (Andre Taissin/Unsplash, modified by CoinDesk)

Tech

Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High

The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly fivefold in two weeks, thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.

(Glassnode)

Pageof 5