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Bitcoin Runes records 15.6M NFT transactions in 4 months
26.8.2024
Bitcoin Runes, a leading NFT protocol, generated $162.4 million in fees with over 15.6 million transactions, showing potential for a long-term market impact
Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall
23.8.2024
On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per transaction by 7 p.m. EDT. Data collected from the day’s blocks revealed that a few fortunate...
Bitcoin avg transaction fee rises 937.7% in 24 hours
23.8.2024
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users
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...
Ethereum Fees Plummet—Etherscan Adds Decimals to Keep Up With Gas Drop
19.8.2024
Over the past few months, both Bitcoin and Ethereum users have noticed a noticeable drop in transaction fees. Ethereum’s network transfer fees, in particular, have fallen to such low levels that Etherscan, a leading Ethereum block explorer, has recently added decimal points to its...
Tether expands USDT to Aptos blockchain for lower fees
19.8.2024
Tether's USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees
Dormant Bitcoin Wallet From 2014 Moves $10.2M—After a Decade
16.8.2024
On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to Public Key Hash) address, they were valued...
Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH, Analyst Says
16.8.2024
“Every time ETH gas fees have dropped to rock bottom, it has often signaled a price bottom in the mid-term,” one market watcher said
Donald Trump Holds Over $1M in Ether, Also Receives NFT Licensing Fees
16.8.2024
Filings show he has over $1 million in Ether
Tron network exceeds Ethereum revenue over the past 90 days
15.8.2024
According to data from DeFi Llama, the Tron network accrued $1.31 million in network revenue during the past 24 hours alone
Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits
15.8.2024
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much...
Ethereum gas fees: Too low or too high? No one can decide
15.8.2024
Critics who have a problem with volatile gas prices — on Ethereum or elsewhere — have the wrong vision for the future of crypto
Pump.Fun's Removal of $2 Issuance Charge Pushes Daily Fees to All-Time Highs, But Users are Unhappy
14.8.2024
The viral application allows anyone to issue a token on the Solana blockchain. It recently dropped a fee it charged for doing so, leading to thousands of “rugs” being created and attracting a spike in complaints
Here’s what happened in crypto today
12.8.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Ethereum median gas price hits 5-year low
12.8.2024
The median price to send an Ethereum transaction hit 1.9 gwei on the weekend, with low-priority transactions priced even lower
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
Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
7.8.2024
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also referred to as the hashprice, to drop below $36...
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
4.8.2024
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin...
Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups
4.8.2024
The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
3.8.2024
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...