Bitcoin’s Lightning Network has been growing at a slow pace. What’s keeping it behind, given its high transaction throughput? – writes Francisco Rodrigues on Cointelegraph. Bitcoin (BTC) changed the world as a decentralized, nongovernmental form of currency that can facilitate peer-to-peer (P2P) transactions that transcend national borders. But despite this functionality, Bitcoin’s role as a…
The latest data for August indicate that the summer downturn in NFT marketplaces has continued – down 45% for a month. According to The Block’s Data Dashboard, the NFT marketplace volume for August was $369.53 million, compared with $675.43 million in July. OpenSea continues to hold its place as the dominant market leader, with $303.47…
Crypto prices swung as Fed chair Jerome Powell spoke about the pain of inflation in the US. The Fed remains committed to reigning in inflation, even if at some “unfortunate costs.” Federal Reserve chairman Jerome Powell spoke about FOMC’s future goals at the annual Jackson Hole symposium. He said that FOMC’s overarching directive remains to…