The Bitcoin blockchain lacks meaningful on-chain activity, even as its native token, bitcoin , trades near a record per-unit price. That’s according to mempool – a holding area for unconfirmed blockchain transactions waiting to be included in a block by miners. On Satuday, the mempool had just 5,000 odd transactions awaiting inclusion, with the tally […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. BlackRock calls Quantum computers, with their ability to outperform classical binary […]
A bitcoin (BTC) breakout earlier this week has traders eyeing the $100,000 level in the coming days, a euphoric trade that could be short-lived as May’s seasonality approaches. “Historically, the next couple of months have been weak for financial markets, with many investors abiding by the Sell in May and Walk Away adage,” Jeff Mei, […]