Mempool News

Amid a spike in Bitcoin transaction costs, cryptocurrency exchanges are taking measures to serve their clients properly.

Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.

The Bitcoin mempool was clogged with over 400,000 transactions waiting to be processed on May 7.

Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from all-time high levels.

While the Bitcoin hash rate briefly touches new highs, Bitcoin Ordinals contribute to daily transactions exceeding 500,000.

Don’t be fooled by its emptiness: Block 776,339 plays as important a role as busier blocks in the Bitcoin blockchain.

The company said that the new tool works by allowing users to submit transactions directly to validators.

At just 15 sats/vByte, a Bitcoin user is demonstrating just how cheap it is to send vast sums of money across the internet.

The cost of sending Bitcoin from one address to another has stayed exceptionally low since July 2021 despite spiking in price last week.

Transaction fees have dropped this year, after a spike earlier this summer.

Pending Liquid transactions had been queued in the mempool for roughly 22 hours after the network reported an issue which caused "block signer nodes failing to validate certain parameters against each other."

Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal.

While the number of Bitcoin transactions that can fit in a block remains the same, demand on the network is leading to rising transaction costs.

Hash rate has also tumbled on the Bitcoin network.

The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins.