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Armoney Recommends Only the Following Cryptocurrencies in India


So, what is cryptocurrency? It’s an internet medium to exchange funds between individuals or corporations to conduct financial transactions. An individual becomes a bank and has control over his own money. Post-COVID will be the beginning of an online transaction era, without the need to...

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...

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...

Bitcoin Worth $282K from the 2016 Bitfinex Hack on the Move


The cryptocurrency community has noticed a number of bitcoins from the August 2, 2016, Bitfinex breach has been moved. A small 30 BTC transaction ($282,000) from the stash has moved from the hacker’s address to an unknown bitcoin address. The last time coins from the Bitfinex incident moved...

BitPay Processes More Volume, Transaction Count Remains Unchanged


In the first quarter this year, US-based major crypto payments company BitPay processed 10% more volume in USD, compared to the last three months of 2019, while the number of transactions remained unchanged. It includes all cryptoassets the company supports, with bitcoin (BTC) representing...

Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In


Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...

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...

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