In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees.

With Bitcoin maximalist Michael Saylor at the helm of the business, the cloud-based technology company MicroStrategy has acquired 138,955 BTC over the course of the past three years, investing over $4 billion in the world’s first decentralized cryptocurrency.

US authorities have made over $215m from selling bitcoins seized from the Silk Road marketplace in November 2021, according to court documents.

The Formula 1 car for the Williams Racing team will feature an excerpt from the Bitcoin white paper, as a result of a sponsorship deal with United States-based crypto exchange Kraken.

U.S. Government Sold $216M of Seized Silk Road Bitcoin This Month; BUSD Trading Temporarily Halted by Binance.US After CFTC Allegations

The U.S. government sold 9,861.17 bitcoin (BTC) for almost $216 million on March 14, a court filing shows.

The year 2021 genuinely belonged to Cryptos and blockchain, with Crypto adoption increasing like never before across geographies, institutions, and corporations.

Bitcoin investors remain greedy despite the cryptocurrency's low momentum in recent weeks. The Crypto Fear and Greed Index, which measures the sentiment of market participants, currently sits at a level of 72, indicating that investors are still exhibiting signs of greed.

Bitcoin has emerged as the top-performing asset class in Q1 2023, with gains of about 70%, making it the digital currency’s best quarter since Q1 2021. This outperformed big names like the S&P 500, Nasdaq 100, and iShares Core U.S. Aggregate Bond ETF. Bitcoin's gains have also surpassed those of gold and silver in the first three months of 2023.