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6-month low Ethereum fees suggest altseason is inbound: Santiment
29.4.2024
The Ethereum network had its cheapest day in over six months, which could suggest altcoins could rally “sooner than many may expect.”
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
28.4.2024
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that bitcoin miners are receiving less than half a BTC...
This token allows you to tap into the profits made by trading fees on crypto exchanges: Explore VFIN
28.4.2024
The announcement of the VFIN exchange has caused quite a hype in the crypto community, and many investors and trading experts are watching the project closely. One of the reasons for this hype is the fact that VFIN is a unique exchange that offers several features and functionalities rarely found...
Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC
26.4.2024
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average of 5.105 BTC per block, between a blend of new BTC and transaction fees, following a peak in...
2024’s major crypto trends: BlockDAG sells over $2.2 million mining rigs, UNI price surge forecast and Bitcoin’s fee reduction
26.4.2024
The cryptocurrency landscape is witnessing significant shifts post-Bitcoin halving, where transaction fees have dramatically decreased after an initial spike. Concurrently, forecasts for Uniswap (UNI) show a bullish trend on the horizon. Despite the halving primarily affecting miners,...
Runes are offering a significant lifeline for Bitcoin miners: TeraWulf CEO
26.4.2024
The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BTC miners, according to TeraWulf’s CEO, Nazar Khan
Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop
25.4.2024
According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on that day. In contrast, traditional financial...
Runes Make Up 68% of All Bitcoin Transactions Since the Halving
25.4.2024
Runes have contributed to up to 68% of Bitcoin transactions since the halving, however, the fees earned by Bitcoin miners have started to dwindle.
The post Runes Make Up 68% of All Bitcoin Transactions Since the Halving appeared first on Cryptonews
Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst
25.4.2024
Recently approved by Hong Kong SFC, three different spot Bitcoin ETFs to start trading on April 30 have officially revealed their fees that might lead to potential fee war.
The post Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst appeared first on Cryptonews
Runes make up 68% of all Bitcoin transactions since launch
25.4.2024
Runes continues to make up the vast majority of Bitcoin transactions, however the fees earned by Bitcoin miners from Runes has slightly tailed off since the record-setting halving day
Post Bitcoin Halving Miners See Temporarily Higher Fees: CryptoQuant
25.4.2024
Since the fourth Bitcoin halving took place resulting in Bitcoin issuance dropping from 900 to 450 per day miners have seen daily revenue hit a record high of over $100 million, said CryptoQuant the on-chain data analytics firm based in South Korea.
The post Post Bitcoin Halving Miners...
The Protocol: Analyzing Runes Impact as Bitcoin Fee Bonanza Fades
24.4.2024
Crypto Betting App CoinPoker Follows Rollbit With Zero Withdrawal Fees Trend
24.4.2024
Crypto betting app CoinPoker has announced it has removed all withdrawal fees on its platform, with only blockchain network fees now applying when users cash out their winnings.
The post Crypto Betting App CoinPoker Follows Rollbit With Zero Withdrawal Fees Trend appeared first on Cryptonews
Noones CEO Ray Youssef Blasts Bitcoin Fees: ‘We Have Failed the Global South’
24.4.2024
Ray Youssef, the former Paxful CEO, has commented on the negative impact of high transaction fees on bitcoin adoption in emerging markets. Youssef stated on social media that the recent developments in the bitcoin fee market have pushed users to alternatives such as USDT on the Tron blockchain over...
Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
23.4.2024
Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing...
Bitcoin Users Spend Record $2.4M in Fees to Be a Part of Bitcoin Halving History
23.4.2024
Investors spent more than 37.7 Bitcoin, worth $2.4 million, in fees to claim their spot on the 2024 Halving Block, making it the most expensive block ever mined.
The post Bitcoin Users Spend Record $2.4M in Fees to Be a Part of Bitcoin Halving History appeared first on Cryptonews
How the Bitcoin Halving Will Drive Action to Layer 2s
22.4.2024
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 Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein
22.4.2024
The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said
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...