The Bitcoin Mempool Drama Was All Too Predictable

So mempool.space recently added features to spot Runes and Ordinals transactions, and Bitcoin monetary maximalists totally lost it. As a Bitcoiner and observer of Bitcoin culture, this whole drama felt completely normal and predictable.

Over time, an ideological split has emerged between Bitcoin monetary maximalists “, who see Bitcoin as only money and nothing else,” and those open to buildings things on Bitcoin, whether it be innovative or crypto-esq, like…

Read more on BitcoinMagazine

Live Election Day Coverage for Bitcoiners

FOR IMMEDIATE RELEASE  |  Bitcoin Magazine Announces Election Day Livestream, Supported by Stand with CryptoOctober 17, 2024 – Las Vegas, NV — Bitcoin Magazine, in collaboration with Stand with Crypto ( is excited to announce The Road to Election Day, a groundbreaking Election Day livestream tailored to Bitcoin and crypto voters. This event offers real-time election updates, in-depth candidate analysis, and data-driven coverage designed to empower the fastest-growing demographic in the U.S.: Bitcoiners.

About the Election Day Livestream

The Road to Election Day livestream will run across X, YouTube, and Rumble, providing an alternative to mainstream media…

Read more on BitcoinMagazine

Daily US Bitcoin ETFs Net Flow Analysis (As of October 17, 2024)

On October 17, 2024, the daily net flow of U.S. Bitcoin ETFs showcased a significant influx of investments. BlackRock now leads with a staggering 380,972 BTC, having added 5,803 BTC to its holdings. Grayscale and Fidelity follow, holding 220,155 BTC and 184,438 BTC, respectively, with modest inflows reflecting continued investor interest.

Mid-tier players like ARK Invest and Bitwise are also expanding their Bitcoin portfolios. ARK Invest now holds 49,251 BTC, gaining 170 BTC, while Bitwise has increased its holdings by 190 BTC to reach 41,276 BTC. These increments signal a robust market confidence, further stabilized by Grayscale’s secondary fund adding 200 BTC.

Conversely, not all funds are experiencing growth. Invesco Galaxy noted a slight decline, shedding 31 BTC. However, the overall market sentiment remains overwhelmingly positive, as evidenced by a net total increase of 6,948 BTC across these funds. This trend underscores the growing acceptance of Bitcoin as a staple in investment portfolios, pointing towards a maturing market.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Join CryptoCrunchApp on Telegram Channels – Click to Join

To Succeed Bitcoin Needs Something New, Not More of the Same

Too much of this space, and things being built around it, is centered around essentially mimicking the legacy financial system. There is not much being built trying to blaze new grounds. Micropayments, while admittedly something I’ve been very critical of due to the user experience of having to think about tiny transactions all day, has seen almost no real experimentation or development in trying to solve that UX problem at scale.

I struggle to think of…

Read more on BitcoinMagazine