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South Korea Upholds Crypto ETF Ban Amid Country’s Rising Bitcoin Premiums
11.1.2024
South Korea persists in its stance against allowing financial institutions to invest in digital currencies, effectively blocking the launch of any crypto exchange-traded fund (ETF) within its borders. A representative from the Financial Services Commission (FSC) clarified to local journalists that...
Replace-by-fee (RBF), explained
30.11.2023
Replace-by-fee (RBF) is a feature in Bitcoin that allows users to replace an unconfirmed transaction with a higher fee to expedite confirmation
Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns
21.11.2023
Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets
Miner returns over $500k in BTC transaction fee overpayment to Paxos
15.9.2023
Bitcoin explorer Mempool shared blockchain data that confirmed the funds were sent back on Sept. 15
El Salvador’s Bitcoiners teach 12-year-olds how to send sats
17.8.2023
Over 25,000 students in El Salvador have learned about Bitcoin in the classroom
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
20.5.2023
Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully alleviate this...
Bitcoin and Ethereum fees slump to six-month low
1.6.2021
Bitcoin and Ethereum transaction fees have declined down to $7.20 and 4.80 respectively
Bitcoin Fees Tap $60 per Transaction, Users Say Fees Restrict Adoption, Others ‘Embrace’ the BTC Fee Pump
21.4.2021
On April 21, Bitcoin network fees touched an all-time high according to a number of transaction fee aggregators. The average bitcoin transaction fee is approximately $59.88 and the median fee is around $26.44 USD per transfer. Bitcoin Fees Climb Sky High After the Hashrate Plummeted The cost...
BTC Transaction Stuck? Bitcoin Cash-Powered Accelerators Can Speed Up Transfers
18.2.2021
At the time of publication, there’s more than 69,000 transactions waiting in line to get confirmed by a bitcoin miner. Since bitcoin’s price rise, at certain times, transaction fees have climbed to $10 to $20 per transfer, and people who pay less than the median fee may have to wait...
An Unknown User Incurs More Than $80,000 in Transaction Fees When Sending BTC Worth $1
23.12.2020
An unknown person incurred a transaction fee of more than $80,000 or (3.49079570 bitcoins) when transferring bitcoin worth $1.16. According to Blockchain.com, the December 19 transaction, which is included in block 662052, had an input of 3.49084570 bitcoin and an output of 0.00005000 bitcoin....
Bitcoin fees remain low despite price surge but Vitalik says they could soar
26.11.2020
Bitcoin transaction fees are less than 10% of their 2017 highs, but Vitalik Buterin believes it’s only a matter of time before they soar back up
Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline
26.10.2020
Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of bitcoin soared on growing institutional interest. According to data by Bitinfocharts, it cost an average...
‘Boring’ Bitcoin Market Sends Miners’ Fee Earnings to 3-Month Low
19.10.2020
Bitcoin's transaction activity has cooled amid the recent lull in price action – and that's hurting miners' earnings
Bitcoin hardware devices need to improve to handle complex transactions
13.9.2020
Time for hardware wallet devices to make a difference
Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper
11.8.2020
The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as much as 547% in the month to August 6, rising from...
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
7.8.2020
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market...
New Metric Suggests Imminent Volatility for Bitcoin
15.7.2020
The ratio of low exchange volume to high on-chain transaction volume frequently corresponds with increased volatility
Bitcoin Fees Fall 60% While Transaction Count Declines
30.5.2020
Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...
Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole
11.5.2020
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...