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Solana developers target TX bug fix, with a patch expected on April 15. Helius Labs CEO says issues are a result of “an implementation bug, not design flaw.” Solana developers are reportedly target ing April 15 as the date to implement a fix on transaction issues that recently plagued the blockchain network. This comes after Solana’s explosive meme coins ecosystem came with a remarkable surge in activity. A pike for the likes of dogwifhat helped push SOL price higher. But the increased volume also came with a surge in volume that impacted network performance. It’s an implementation bug, not design flaw Commenting on the recent issues, Mert Mumtaz, CEO of Helius Labs, noted in a post on X that these are more about an “implementation bug” that a “design flaw.” “ It is important to make this distinction because implementation errors are usually trivial (they can be swapped out for other implementations) ...

BTC price action has yet to match one Bitcoin trader's long-term target, but "patience is key," he says nearly one year later. Bitcoin (BTC) is nearing a key Fibonacci retracement level which could mark the top of its “pre- halving rally.” That is according to popular social media trader Titan of Crypto, who on Nov. 19 reiterated a pre- halving BTC price target of up to $50,000. Trader: $39,000 is pre-halving BTC price target range floor Bitcoin faces stiff resistance sliding back to the $40,000 mark; several attempts to crack it have failed in the past week. As Cointelegraph reported, the area immediately below also holds significance for aggregate market profitability, with $39,000 likely a breakeven point for those who bought in during the 2021 bull market. Titan of Crypto has also flagged $39,000 as an important boundary — this time, however, as the bottom of where BTC/USD should end up prior to the April 2024 block subsidy halving event. “The pre halving rally I...

Bitcoin holds higher BTC price levels into what looks to be a crunch week for crypto markets across the board. Bitcoin (BTC) starts a new week at comfortable highs as traders square off over BTC price action to come. As macroeconomic uncertainty continues to grow, Bitcoin is cementing its new trading zone above $30,000. The highest weekly close since early May 2022 is the latest achievement for bulls, and so far, bid support has allowed the market to avoid a deep retracement after last week’s snap 15% gains. How could the environment change for BTC/USD this week? As Bitcoin heads into the October monthly close, would-be volatility catalysts are brewing — not least thanks to the increasing geopolitical instability in the Middle East. Adding to the hurdles for risk assets to overcome is the United States Federal Reserve, which will decide on interest rate adjustments on Nov. 1. Under the hood, Bitcoin is looking better than ever, and the numbers prove it — network fundamentals are eithe...

With the majority of the cryptocurrency market slowly moving to reverse the losses suffered in the previous dip, Bitcoin (BTC) is no different, and cryptocurrency experts agree that more price gains, perhaps even a new all-time high (ATH), could be in store. Indeed, pseudonymous crypto analyst Trader Tardigrade said that the next target for Bitcoin could be $46,000, based on the linear chart that has demonstrated a similar track in the period between 2018 and 2021, according to the Analysis shared on September 15. Bitcoin linear chart analysis. Source: Trader Tardigrade New record in the making? Earlier, the crypto expert projected that the flagship decentralized finance (DeFi) asset would witness a “parabolic rally” and perhaps even reach a new record, stating that Bitcoin “has never lost its track” and that the “new Bitcoin ATH is brewing in this post-Shakeout Bull Run.”  Additionally, in the most recent post on social media, he highlighted that $30,000 would be a foundation ...

BTC price gets a fresh boost from market calm over Fed interest rate policy, as Bitcoin traders eye further gains. Bitcoin (BTC) headed higher into the Sep. 14 Wall Street open despite fresh macro data showing resurgent United States inflation . BTC/USD 1-hour chart. Source: TradingView Bitcoin gains while U.S. PPI beats forecast Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it made new September highs, topping out at $26,762. Bitcoin built on strength seen after the previous daily close, ignoring the implications of the U.S. inflation rebound as confirmed by both the Consumer Price Index (CPI) and Producer Price Index (PPI) August prints. The latter came in at 1.6% year-on-year against market expectations of 1.3%. Crypto nonetheless joined traditional markets in rejecting the idea that U.S. macro policy might stay more restrictive for longer in order to tame inflation . According to CME Group’s FedWatch Tool, there was practically no consensus over ...