25% of Americans Own Bitcoin & Fees Are Killing Lightning?
Option: high fees from Ordinals have killed all hope of scaling Bitcoin with Lightning, are there alternatives?
With Ordinals taking over the traditional NFT market, ETF approval speculation and the Bitcoin halving creeping up on Bitcoin builders, it seems like Bitcoin is in a great spot. However, with increasing fees, regulatory issues and lack of a clear preferable option to scale Bitcoin, builders face several challenges. We are, still early with building on Bitcoin after all. Let’s dive into this week’s Bitcoin builders news.
Microstrategy buys an additional 16,130 Bitcoin for $593 Million, now holding $6.59 Billion in Bitcoin.
📢 Builders Watch: Bitcoin Startup Lab Accelerator cohort closes today.
Unchained Study Reveals One in Four Americans Own Bitcoin.
Bitcoin Magazine Writer Shinobi says Lightning Network is doomed due to increase in Bitcoin fees.
Ocean raised $6.2 million in a funding round led by Jack Dorsey, planning to enable miners to get block rewards directly from Bitcoin.
Belgrade, the capital of Serbia, welcomes the inception of HUB21, a pioneering non-profit association dedicated to education.
Bloomberg Analyst says the SEC’s delays on two spot Bitcoin ETFs could mean it’s lining up to approve all pending applications in one swoop.
Strike now fully supports sending sats to anywhere on the Bitcoin Lightning network to Lightning addresses.
📢 Builders Watch: Rootstock shares ecosystem map and why you should use Rootstock.
Decentralized Finance layer ALEX transitions ALEX Bridge into Xlink.
📢 Builders Watch: DeFi on Bitcoin Part 1: A Guide To Building dApps With Rootstock.
Bitcoin wallet Leather integrates hardware wallet Ledger.
Bitflow Finance published first testnet release on Bitcoin L2 Stacks with sBTC.
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