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Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
27.5.2020
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
23.5.2020
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...
Bitcoin Price Unfazed by 50-BTC Transaction From Satoshi-Era Wallet
20.5.2020
Most likely an old miner from 2009 — not Satoshi — just moved 50 BTC mined merely one month after the first Bitcoin block was mined
Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
BitPay Processes More Volume, Transaction Count Remains Unchanged
18.5.2020
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 Transaction Fees Are Up 800% in One Month
17.5.2020
Bitcoin transactions fees have surged immediately after a halving skyrocketed for the first time
Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
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...
Fireblocks Boosts Transaction Speed 800% With Free-to-Use Algorithm
13.5.2020
Fireblocks has developed an 800% faster algorithm for secure MPC transactions and made it free-to-use for custodians and vendors
2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment
13.5.2020
On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially....
Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain
13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan
Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole
11.5.2020
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...
Average BTC Transaction Fees Increased 300% Days Before Halving
11.5.2020
The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26
BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds
5.5.2020
Average fees paid by bitcoin users spike at a certain time every day due to the actions of one firm, derivatives exchange BitMEX, a researcher found
Stablecoins Push Ethereum’s Transaction Count to Highest Since July 2019
4.5.2020
Ethereum’s transaction counts have surged by 72% since mid-February
Roger Ver Claims His Bitcoin Transaction Fees Totaled $1,000 at Times
19.4.2020
Bitcoin Cash advocate, Roger Ver, claims he spent thousands of dollars on individual Bitcoin transaction costs in the past
Huobi’s New Crypto Transaction Monitor Will Automatically Freeze Suspicious Accounts
13.4.2020
Huobi Group has launched a new in-house transaction intelligence tool to snuff out illicit activity across its crypto exchanges
Bitfinex Made a $1.1 Billion BTC Transaction for only $0.68
13.4.2020
Over a billion dollars in Bitcoin was moved by crypto exchange Bitfinex on April 10, part of which replenished the company’s hot wallet
Network of Fake Bitcoin QR Code Generators Stole $45,000 in March
29.3.2020
The malicious QR code generators are hosted on the same servers as a network of “Bitcoin transaction accelerators” that have stolen 17.6 BTC
Transaction Speed and Profitability Are Linked in Crypto
16.3.2020
To gain profits in the crypto space, transaction speeds remain one of the most important characteristics for the industry
Coinbase Launches BTC Transaction Batching, Saving Users 50% on Fees
16.3.2020
Batching BTC transactions will save users 50% on fees, according to a blog post released by Coinbase on March 13