Got some Satoshi to send or Bitcoin (BTC) wallets to reorganize? It’s increasingly cheap to do so. According to an Arcane Research report, Bitcoin “transaction fees have stayed low since July 2021, showing no signs of rising.” There was, however, a small bump in transaction fees last week. Shown as a small jump at the tail end of the graph, clustering of the mempool pushed “up the average transaction fees per day over the past seven days to $691,000, a doubling since last Tuesday.” Nonetheless, the doubling in transaction fees is insignificant: transaction fees remained in a low range. Miners …
Bitcoin businesses are publicly stating their relief that SegWit2x is no more, while community comments lend weight to a resurgence conspiracy. As New York Agreement (NYA) heads confirmed SegWit2x was canceled, CEOs opposed to the hard fork hailed the start of a more constructive period for Bitcoin. “When 2x was called off, it became immediately clear there’s greater consensus for a single Bitcoin Blockchain, and therefore there is greater value retained in the bitcoin ecosystem,” Steemit CEO Ned Scott said in emailed comments. “The case was made by the immediate price increase when 2x was called off.” SegWit2x futures prices …