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Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole


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...

A Trader’s View on the Bitcoin Halving and Coronavirus


The last time the block reward for Bitcoin mining was halved was in July 2016. Since then, the crypto marketsContinue Reading The post A Trader’s View on the Bitcoin Halving and Coronavirus appeared first on CoinMarketCap Blog

Bitcoin Soars to Its Highest Level Since Crashing in March


Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19...

Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase


The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate...

Bitcoin Cash Miners Just Lost Half of Their Reward


Source: Adobe/igor_kell The fifth-largest cryptoasset by market capitalization and a Bitcoin (BTC) hard fork, Bitcoin Cash (BCH), just went through its first halving, seeing the mining reward cut by half, to BTC 6.25 (USD 1,672) per block, which reduces the supply of new coins entering...

The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days


The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop...

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