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Bitcoin fees sink after a record $128 daily average on halving day
22.4.2024
Within twenty-four hours of the fourth Bitcoin halving on April 20, the average fees paid on the platform witnessed a substantial drop. According to mempool.space, as of April 21, Bitcoin rates for medium-priority transactions have dropped to an average of $8–$10. According to Crypto Fees, Bitcoin...
Bitcoin Transaction Fees Plummet to Single Digits After Record High of $128 on Halving Day
22.4.2024
Bitcoin transaction fees experienced a significant drop just one day after reaching an all-time high average of $128 on April 20, coinciding with the fourth Bitcoin halving.
The post Bitcoin Transaction Fees Plummet to Single Digits After Record High of $128 on Halving Day appeared first...
AI Crypto Tokens Surge 257%: 15 Nations Taking the Lead, US Consumers Drive Interest in AI Crypto Coins
10.4.2024
AI crypto coins increased by an average of 257% between January and March of this year. But which countries top the rankings in interest?
The post AI Crypto Tokens Surge 257%: 15 Nations Taking the Lead, US Consumers Drive Interest in AI Crypto Coins appeared first on Cryptonews
Dominic Williams, Founder of DFINTIY, on Decentralized AI, AI Dapps, Hosting AI Models on the Blockchain, and Multichain DeFi | Ep. 321
29.3.2024
Dominic Williams, the Founder of DFINTIY Foundation, a major contributor to Internet Computer, discusses the future of AI, its ‘perfect partnership’ with smart contracts and blockchain, how AI can help average Joe and Jane perform complex trades with verbal instructions, the difference between...
Get Started in AI and NFTs with the Limewire API (Sponsored)
25.3.2024
AI media creation has expanded to incredible video art and a host of other important improvements, and LimeWire is leading the way in creating an awesome interface for the average user to become an AI artist. Limewire has just released its Developer API, a method for engineers like us to create...
Billionaire Michael Saylor Announces $623 Million Bitcoin Purchase, MicroStrategy Now Owns Over 1% of Total Supply
19.3.2024
MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has acquired another 9,245 coins at an average price of $67,382.
The post Billionaire Michael Saylor Announces $623 Million Bitcoin Purchase, MicroStrategy Now Owns Over 1% of Total Supply appeared first on Cryptonews
El Salvador’s Bitcoin Investment Strategy Proves Lucrative as Profits Surge by 70%
12.3.2024
El Salvador's Bitcoin (BTC) investment strategy is paying off handsomely, with the country now enjoying a remarkable 70% profit on its dollar-cost average purchase price.
The post El Salvador’s Bitcoin Investment Strategy Proves Lucrative as Profits Surge by 70% appeared first on Cryptonews
Glassnode Insights Into Long-Term Bitcoin Holders Reveal 228% Average Unrealized Gain
10.3.2024
An in-depth examination conducted by the onchain analytics firm Glassnode, alongside the researcher Cryptovizart, has shed light on bitcoin’s unexpected rise to record-breaking highs just before the halving occurrence, unveiling key aspects of market behavior. Glassnode Report Sheds Light...
Bitcoin’s Hash Price Soars as Average Network Fees Spike by 288%
7.3.2024
According to the latest data, bitcoin has been trading above the $67,000 mark, with average network transaction fees experiencing a 288% increase from $3 to $11.64 since Feb. 25, 2024. Meanwhile, BTC has consistently stayed over the $60,000 level for eight straight days, elevating the daily value...
“Kimchi Premium” Returns: Bitcoin Trades at 10% Price Premium in South Korea Against Global Exchanges
7.3.2024
Bitcoin's infamous "Kimchi premium" has made a comeback, with the cryptocurrency commanding an average 10% price premium in South Korea compared to global exchanges.
The post “Kimchi Premium” Returns: Bitcoin Trades at 10% Price Premium in South Korea Against Global Exchanges appeared...
US Bitcoin ETF Trading Hits Daily Record at $2.4B, BlackRock Leads: Bloomberg Intelligence
27.2.2024
The newly launched nine Bitcoin exchange-traded funds in the U.S. have broken an all-time daily record in volume, taking in $2.4 billion which is about double their recent daily average, according to Eric Balchunas from Bloomberg Intelligence.
The post US Bitcoin ETF Trading Hits Daily Record...
FOMC Likely to Keep Rates Unchanged in March After Hot Inflation Report
14.2.2024
Wall Street braced for a chilly reality as hotter-than-expected inflation data sent major indexes tumbling on Tuesday. The Labor Department report revealed US consumer prices surged in January, exceeding forecasts and fueled by rising shelter costs. This unexpected heatwave extinguished...
Jack Dorsey Evokes Bitcoin At Super Bowl Wearing “Satoshi” T-Shirt
12.2.2024
Twitter co-founder and Block Head Jack Dorsey quietly brought Bitcoin to last night’s celebrity-filled Super Bowl event – though most average viewers may not have noticed. The tech billionaire was photographed in one of the stadium’s booths surrounded by artists like Jay-Z and Beyonce. Unlike...
Ethereum Gas Fees Surge to 8-Month High As ERC-404 Tokens Take Off
12.2.2024
Gas fees on the Ethereum network have soared to levels not seen since March 2023, driven by the growing interest in a new experimental token standard known as ERC-404. Ethereum Gas Fees Reach Peak Levels On February 9, Ethereum gas prices soared to an average peak of 70 gwei, equivalent to $60...
Bitcoin Price Prediction: BTC Nears $43,000; Can ETF Surge & MicroStrategy Buy-In Fuel a $50,000 Rally?
7.2.2024
Bitcoin Price Prediction During the Asian session, Bitcoin‘s trajectory garners significant attention, with the asset flirting with the $43,000 mark. Recent developments, including BlackRock’s Bitcoin ETF climbing to the elite ranks of ETFs and MicroStrategy’s substantial...
Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays
6.2.2024
Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $3.68 mark, while costs for median-sized transactions have not dipped below the $1.67 threshold. As of Feb. 6, 2024, insights from Bitcoin’s transaction queue...
Russia’s Sberbank Launches Digital Assets, NFT Offerings for Retail Investors
5.2.2024
Sberbank, Russia’s biggest bank, announced the launch of a digital financial asset and NFT trading platform. On February 2, Sberbank explained that its “digital financial assets (DFAs) platform” was open to “all individuals.” The bank added that “qualified investors” can also invest in...
Bitcoin’s Hashrate Hits 7-Day Record High, Surging to 566 EH/s Amid Anticipation of Upcoming Difficulty Adjustment
1.2.2024
Bitcoin’s computing power has soared to unprecedented levels, with the seven-day simple moving average (SMA) peaking at 566 exahash per second (EH/s) as of Jan. 30, 2024. Despite experiencing a slight decline in mid-January, the network’s hashrate is on an upward trajectory,...
Ark Invest Breaks Down What it Would Take for Bitcoin to Hit $2.3M
1.2.2024
Investment firm Ark Invest published its latest Big Ideas report on Wednesday, outlining a pathway for Bitcoin to hit $2.3m. Ark’s Brett Winton wrote that for the best returns over 5 years, keeping 0.5% of one’s investments in Bitcoin would have been ideal. On average, allocating about 4.8%...
SOL, AVAX Lead Crypto-Market Recovery, Bitcoin Tops 50-Day Average Before Fed Meeting
30.1.2024
Altcoins' consistent positive performance over the past six days is boosting optimism and setting up bitcoin to test $46,000, one analyst said