In the midst of the banking upheaval in the United States, Google Trends has revealed a notable surge in searches related to the acquisition of gold, with the search query reaching a perfect score of 100 during the first week of April 2023.

April 27 (Cointime) -  Market intelligence platform Arkham Intelligence said that it had fixed a bug related to Bitcoin alerts that caused the mistaken message to be sent to a small subset of users. 

Arkham Intelligence sent a mistaken message to certain users, indicating that a Bitcoin address controlled by the U.S. government had begun moving funds.

Bitcoin (BTC) was recently trading at about $28,275, up a fraction of a percentage point but down from its peak early Wednesday above $30,000. BTC sank as low as $27,264 later in the day.

Amidst the buzz surrounding bitcoin’s latest price surge, a significant number of transactions are currently clogging up the mempool. As of writing, 134,986 unconfirmed transactions await confirmation, and block times are lingering above the usual ten-minute mark.

David Ramirez, CEO of 401(k) provider ForUsAll, said Wednesday at Consensus 2023 Festival that an individual retirement account (IRA) or a 401(k) are a "great place" to invest in bitcoin (BTC).

Market intelligence platform Arkham Intelligence likely sent an erroneous message to certain users, suggesting that a cryptocurrency address controlled by the U.S. government had begun to move Bitcoin, according to accounts of the events in the crypto community.

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The Cambridge Centre for Alternative Finance (CCAF) has unveiled a blockchain network sustainability index (CBNSI) that explores the environmental implications of Ethereum’s transition from proof-of-work to proof-of-stake, comparing it to Bitcoin. According to CCAF, the energy consumption of Ethereum plummeted by 99.99% after the transition, making it 99.95% more energy-efficient. The tool provides daily energy estimates for both cryptocurrencies, with the index estimating annual power consumption for Ethereum as 5.8 Gwh compared to around 132.2 Twh for Bitcoin. The CBNSI is the latest research produced under the Cambridge Digital Assets Programme (CDAP), in collaboration with institutions such as Goldman Sachs, Fidelity, Visa, Mastercard, and Invesco, as well as the International Monetary Fund (IMF). However, while the tool correctly identifies electricity consumption as a key factor influencing a blockchain network's energy consumption levels, it fails to capture the greenhouse gas emissions linked to computing power. CCAF previously acknowledged that the measure of Bitcoin's energy consumption was a "best guess," due to constant fluctuations, that make it challenging to measure reliably.