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Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
22.8.2024
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to 625 sat/vB or $53.26 per transaction. Bitcoin Miners...
Crypto user fat fingers $90K fee for a $2K ETH transfer
12.8.2024
An anonymous user appears to have accidentally spent 34 ETH to transfer a little more than $2,200 in ETH
Is Ethereum price about to go under $3K?
2.8.2024
ETH price has declined 10% since the approval of spot Ethereum ETFs, with open interest depreciating by over $250 million over the past 24 hours
Is Ethereum price about to go under $3K?
2.8.2024
The Ether price has declined 10% since the approval of spot Ether ETFs, with open interest depreciating by over $250 million over the past 24 hours
Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns
29.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining...
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
26.7.2024
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in the expansion...
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
24.7.2024
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more...
Grayscale’s spot Ether ETFs launch on New York Stock Exchange
23.7.2024
A Grayscale executive said the products will provide traditional investors with exposure to an asset that has the potential to transform the entire financial system
Fee war breaks out among spot Ether ETF issuers ahead of listings
18.7.2024
Franklin Ethereum ETF (EZET) has emerged as the fee race’s frontrunner
BlackRock sets spot Ether ETF fee at 0.25% amid rush of S-1 filings
18.7.2024
BlackRock’s iShares Ethereum Trust will start at a 0.12% fee until 12 months passes or after it amasses $2.5 billion in net assets, whichever comes first
Analyst Reports 21Shares Shocking Spot Ethereum ETF Fee
17.7.2024
Bloomberg ETF analyst Eric Balchunas has shared the latest details from one of the contenders in the Ethereum ETF race. In a recent tweet, Balchunas revealed crucial information about 21Shares’ upcoming Ethereum ETF offering. NEW: 21Shares Ether ETF fee will be 0.21% (terrordome in effect)...
Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days
14.7.2024
Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current onchain fees at 15.5 satoshis per virtual byte (sat/vB), translating to $1.54 per transfer. Bitcoin Fees Hit 10-Month Low Onchain Bitcoin fees have fallen to levels not seen since October 2023...
Ether ETF Fee Race Begins as Invesco Reveals 0.25% Charge, Slightly Higher Than VanEck
9.7.2024
Ethereum Dominates Blockchain Fee Revenue, Bitcoin & Tron Follow
3.7.2024
In the latest analysis by blockchain data provider Lookonchain, Ethereum has emerged as the clear leader in blockchain fee revenue. The analysis shared in a recent tweet ranks the top 10 chains by 1-year fee revenue. Here are the top 10 chains by 1-year fee revenue.#Ethereum earns a fee of $2.728B...
Low Bitcoin and Ethereum fees may not necessarily be good news
2.7.2024
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why?
Curve Finance adopts crvUSD for fee distribution
28.6.2024
Curve Finance shifts from 3crv to crvUSD for fee distribution, enhancing the stablecoin’s utility and ecosystem integration
Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog
27.6.2024
Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s...
Cosmos DAO Osmosis to Adopt Fee-Free Bitcoin Bridge
21.6.2024
Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic
Arbitrum daily revenue surges 16,500% after LayerZero’s ZRO launch
21.6.2024
LayerZero’s “not an airdrop” ZRO token airdrop has spurred a new peak for Arbitrum’s daily revenue
COTI brings new Treasury fee model proposal
7.6.2024
The COTI treasury is an integral part of the COTI ecosystem, and crypto investors are eager to participate in it. The top management of the COTI ecosystem feels that the time has come to update the Treasury fee model. All gCOTI holders will be given a unique opportunity to vote on whether the...