Low Bitcoin and Ethereum fees may not necessarily be good news
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why? Go to Source
Fees
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Bitcoin network transaction fees temporarily soar to nearly $52
The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning. Go to Source
Ethereum’s lackluster performance has little to do with spot ETH ETF approval
Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty. Go to Source
Ethereum price rallies above $3.1K after unexpected regulatory victory
ETH price hit $3,100, backed by a favorable court ruling and increased network activity. Go to Source
Crypto markets rally, but Ethereum struggles to keep pace with Bitcoin
ETH price continues to trail far behind Bitcoin’s year-to-date gains even after the crypto market responded positively to today’s CPI print. Go to Source
Revolut debuts dedicated crypto exchange for UK users
Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion. Go to Source
The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash. Despite the modest rebound, the network’s total hashrate has experienced a decrease, with a … Read more
Coinbase Announces Support for Bitcoin’s Lightning Network
Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing the utility of crypto for customers using Coinbase’s services. Coinbase Adds Lightning … Read more
Bitcoin Runes Shows Strong Performance In First Week Since Launch
Bitcoin Runes, the latest addition to the cryptocurrency landscape, has made significant strides since its official launch over a week ago. According to insights from coin98analytics, the platform has seen remarkable growth and activity across various metrics. As of now, there are a total of 52,925 Runes in circulation, with 48,578 currently open for etching. … Read more
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
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 per block in onchain fees. Bitcoin Miners … Read more
