We would love to hear your thoughts about our site and services, please take our survey here.
Https://bitinfocharts.com/comparison/bitcoin-transactionfees.html
Up to nearly $28 today
Https://cointelegraph.com/news/bitcoin-ordinals-ordi-one-billion-marketcap-price-rally
Seeing more articles on BTC ordinals and longer term effect on BTC fees.
Thanks Chaebol.
Because I’m using a pension fund it’s very restrictive on what BTC investments I can access. Basically UK operations so limited to Arb and a bit in QBT. When I sold my Arb shares realized my ISA with the same company allowed me to access wider range of companies eg Coinbase and Microstrategy but not any miners yet.
After getting out of Arb way to late bought Microstrategy and Coinbase as my BTC vehicle and has put me back into profit. Did also buy back into Arb at the bottom (mainly out of desperation) so things looking much better. Been a long 2 years !
Https://cryptoslate.com/insights/bitcoin-miners-revenue-increasingly-fueled-by-transaction-fees-amid-token-inscription-surge/
Be interesting to see if it’s a short spike or a trend towards bitcoin halving.
Https://ycharts.com/indicators/bitcoin_average_transaction_fee
With the recent rise in transaction fees since early Nov , fees currently account for approx 11% of mining revenue up from approx 3% two weeks ago. Ave transaction fee yesterday was $18 , on the 1st Nov it was less than $2.
Https://cryptoslate.com/fidelity-rumored-to-make-seismic-crypto-move-soon/
https://www.reuters.com/markets/deals/canadas-hut-8-mining-merge-with-us-bitcoin-2023-02-07/
Merging with US Bitcoin
https://www.cnbc.com/2023/02/06/stock-market-futures-open-to-close-news.html
Powell comments taken well
https://finance.yahoo.com/news/futures-inch-higher-ahead-powell-111814758.html
May be some BTC movement early evening. Hopefully fear of higher interest rates for longer period already priced in.
https://thecryptobasic.com/2023/01/16/bitcoin-fear-and-greed-index-comes-out-of-fear-for-first-time-in-9-months/
Out of Fear for first time in 9 months.
Happy to admit my mistakes. Felt terrible for a couple of weeks but managed to get out before final drops and bought back in lower and now have 900k shares so hoping will be back in profit soon. Also put a bit in Coinbase and Block Inc this month.
At one point in 2021 I was sitting on £1.25m profit but didn’t even top slice. Eventually sold out at a loss. Bought back in at average of approx 5p and this time will look to top slice and try not to be greedy. Hopefully learn my lesson the hard way!