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Bitcoin Fees Fall 60% While Transaction Count Declines


Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...

South Korea to Start Taxing Bitcoin Profits in 2021


South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...

Join the Leading Forum on Mining & Exploration in Europe!


Europe’s Mining in Critical Times and Beyond At the time of unprecedented concerns about the future, let us remind ourselves that the mining industry serves the fundamental needs of our society by providing materials for building hospitals, schools, roads, power systems, machines, communications...

Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode


Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...

How Bitcoin Mining Changed After the Halving


Bitcoin’s third-ever halving this May was arguably the top crypto event of the year — especially since the coronavirus pandemicContinue Reading The post How Bitcoin Mining Changed After the Halving appeared first on CoinMarketCap Blog

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