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The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
5.5.2024
Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash. Despite the modest rebound, the network’s...
Shibarium witnesses a historic rise in gas fees ahead of a hard fork
3.5.2024
Shibarium recently revealed that it was witnessing a historic rise in gas fees. This development coincided with a notable increase in the number of active users. The network has set the perfect stage for its upcoming L2 scalability solution upgrade. Even before its release, the much-anticipated...
Coinbase Announces Support for Bitcoin’s Lightning Network
2.5.2024
Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing...
Omnity Protocol Launches New Integration for Low Fee Runes Trading
30.4.2024
Omnity protocol is launching a new integration for the trading of Runes tokens without ‘risky cross chain bridges” or any gas or transaction fees.
The post Omnity Protocol Launches New Integration for Low Fee Runes Trading appeared first on Cryptonews
Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
29.4.2024
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards
Filipinos face higher fees after Binance ban
29.4.2024
Jay Ricky Villarante, the CEO of Moneybees, said that the decision to ban Binance reflects the importance of regulatory compliance and oversight in the industry
Ethereum Gas Fees Hit Six-Month Low, Indicating Potential Altcoin Surge: Santiment
29.4.2024
Gas fees on the Ethereum network have experienced a significant drop to their lowest levels in six months, even as the price of Ether saw a slight rally over the weekend.
The post Ethereum Gas Fees Hit Six-Month Low, Indicating Potential Altcoin Surge: Santiment appeared first on Cryptonews
6-month low Ethereum fees suggest altseason is inbound: Santiment
29.4.2024
The Ethereum network had its cheapest day in over six months, which could suggest altcoins could rally “sooner than many may expect.”
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
28.4.2024
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that bitcoin miners are receiving less than half a BTC...
This token allows you to tap into the profits made by trading fees on crypto exchanges: Explore VFIN
28.4.2024
The announcement of the VFIN exchange has caused quite a hype in the crypto community, and many investors and trading experts are watching the project closely. One of the reasons for this hype is the fact that VFIN is a unique exchange that offers several features and functionalities rarely found...
Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC
26.4.2024
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average of 5.105 BTC per block, between a blend of new BTC and transaction fees, following a peak in...
2024’s major crypto trends: BlockDAG sells over $2.2 million mining rigs, UNI price surge forecast and Bitcoin’s fee reduction
26.4.2024
The cryptocurrency landscape is witnessing significant shifts post-Bitcoin halving, where transaction fees have dramatically decreased after an initial spike. Concurrently, forecasts for Uniswap (UNI) show a bullish trend on the horizon. Despite the halving primarily affecting miners,...
Runes are offering a significant lifeline for Bitcoin miners: TeraWulf CEO
26.4.2024
The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BTC miners, according to TeraWulf’s CEO, Nazar Khan
Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop
25.4.2024
According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on that day. In contrast, traditional financial...
Runes Make Up 68% of All Bitcoin Transactions Since the Halving
25.4.2024
Runes have contributed to up to 68% of Bitcoin transactions since the halving, however, the fees earned by Bitcoin miners have started to dwindle.
The post Runes Make Up 68% of All Bitcoin Transactions Since the Halving appeared first on Cryptonews
Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst
25.4.2024
Recently approved by Hong Kong SFC, three different spot Bitcoin ETFs to start trading on April 30 have officially revealed their fees that might lead to potential fee war.
The post Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst appeared first on Cryptonews
Runes make up 68% of all Bitcoin transactions since launch
25.4.2024
Runes continues to make up the vast majority of Bitcoin transactions, however the fees earned by Bitcoin miners from Runes has slightly tailed off since the record-setting halving day
Post Bitcoin Halving Miners See Temporarily Higher Fees: CryptoQuant
25.4.2024
Since the fourth Bitcoin halving took place resulting in Bitcoin issuance dropping from 900 to 450 per day miners have seen daily revenue hit a record high of over $100 million, said CryptoQuant the on-chain data analytics firm based in South Korea.
The post Post Bitcoin Halving Miners...
The Protocol: Analyzing Runes Impact as Bitcoin Fee Bonanza Fades
24.4.2024
Crypto Betting App CoinPoker Follows Rollbit With Zero Withdrawal Fees Trend
24.4.2024
Crypto betting app CoinPoker has announced it has removed all withdrawal fees on its platform, with only blockchain network fees now applying when users cash out their winnings.
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