The increased minting of Ordinals-like transaction clogged the Bitcoin network, pushing transaction fees very high.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

	Forwarded this email? Subscribe here for more Bitcoin dips amid surge in Ordinals minting, $166M in crypto liquidations reported The increased minting of Ordinals-like transaction clogged the Bitcoin network, pushing transaction fees very high. Dec 18   READ IN APP   Happy Monday! The global crypto market cap is $1.55 trillion, with a 24-hour volume of $62.51 billion. The price of Bitcoin is $41,356.11, and BTC market dominance is 52.1%. The price of Ethereum is $2,156.12, and ETH market dominance is 16.7%. The best-performing sector is Cannabis, which gained 19%. The Crypto Fear & Greed Index is currently Greed (65). Top News Bitcoin dips amid surge in Ordinals minting, $166M in crypto liquidations reported The increased minting of Ordinals-like transaction clogged the Bitcoin network, pushing transaction fees very high. FTX creditors stand to collectively lose millions under new reogranization plan FTX's amended reorganization plan proposes to value the assets of creditors according to crypto prices on Nov. 11, 2022. Arweave AR token value drops 13% amid contentious hard fork debate Arweave alleges that Irys approach to its fork is unethical and driven by greed, Irys responds. Latest Insights Bitcoin hash price hits $125k per Exahash, mirroring pre-2020 halving highs Halving history: How Bitcoin fees support miner as reward decline Bitcoin reigns supreme in NFT market with $677 million in 30-day sales Coinbase Bitcoin trades lag behind Binance, signaling cooling US interest More News Solana DEXs momentarily outpace Ethereum amid surge in memecoin, stablecoin activity Solana's DEXs are on course to exceed $10 billion in monthly trading volume. Tether USDT discount on exchanges hit 5-month high following revelation of collaboration with US authorities Tether's collaboration with the U.S. authorities has drawn extensive criticism from crypto stakeholders. Blockchain private credit and tokenized treasuries value hits combined $1.34B continuing RWA resurgence Surging 127% since 2023, blockchain-based private credit outpaces traditional markets growth with lower borrowing costs and increased transparency. Bitcoin miner Hut 8 to develop mining facility for bankrupt Celsius in Texas Hut 8 said mining site will house around 66,000 miners and will be powered by more than 215 megawatts (MW) of energy. Crypto heavyweights invest $78 million in US PACs aiming for regulation-friendly legislators Amid regulatory challenges, crypto leaders funnel millions into political support for a pro-tech future. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2023 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe