Bitcoin has transactional limits to what it can achieve, so when there is a high demand for the cryptocurrency, the network clogs up, causing mempool spikes. The mempool is where unconfirmed transactions await their inclusion in the blockchain. During normal operations, Bitcoin is capable of keeping up with the demands. …
Read More »Lead-up to BTC halving excites investors, brief mempool overload, exchanges barely holding on
BTC saw an unusual spike in activity yesterday, April 29th. In the past, 24 hours Bitcoin has risen up by 18.66%, the mempool was briefly overloaded, and some exchanges were barely keeping up with the activity. Let’s start with the price. But before that, I just want to let you …
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