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Bitcoin fights to sustain its bull run while fees slide 56% YTD
Bitcoin is having a strangely quiet year on-chain. After a wave of speculative flows in 2024, the network now moves with near-clockwork efficiency. The average block size has contracted, daily fees are less than half what they were in January, and the fee-to-reward ratio has dropped toward levels last seen in the year before the Ordinals and Inscription booms. Price, however, hasn’t followed the…
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Is Ethereum Outshining Bitcoin in Terms of Fees? Crypto Voices Share Thoughts
Lately, the crypto sphere, with bitcoin aficionados in particular, has been buzzing with chatter about the fees pocketed by BTC miners. They’re pondering if these fees will adequately offset the impending 2024 halving and the accompanying drop in revenue. On the other hand, Ethereum, the runner-up in the crypto world, is raking in significantly higher weekly fees. Here’s an insight into the…
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BTC unconfirmed transactions surge as Ordinals thrive. Decoding…
Bitcoin faces a wave of unconfirmed transactions while Ordinals thrive. How does this resurgence impact network fees?
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Skyrocketing bitcoin fees: demand surge or DoS attack?
Crypto enthusiasts on social media have expressed concerns about soaring bitcoin (BTC) transaction fees and a growing backlog of unconfirmed transactions, prompting speculation about a potential denial-of-service (DoS) attack on the network. Over 424,000 transactions await confirmation in bitcoin’s mempool,…
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Strike Offers Almost Zero Fee for Bitcoin Purchase, Challenges Coinbase’s Hefty Fees
Strike Offers Almost Zero Fee for Bitcoin Purchase, Challenges Coinbase’s Hefty Fees
U.S. payment platform Strike rike has launched a new product on its platform that would enable users in the United States to buy bitcoin at one of the cheapest rates, thereby challenging Coinbase’s expensive crypto trading fees. Buy Bitcoin With no Added Cost Jack Mallers, Founder and CEO of Strike, in a Medium blog postRead More
https://btcmanager.com/strike-zero-fee-bitcoin-purchase-coinbase/?utm_source=Tumblr&utm_medium=socialpush&utm_campaign=SNAP
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Bitcoin fees spike 198% but Ethereum still more profitable
Bitcoin fees spike 198% but Ethereum still more profitable
Bitcoin (BTC) transaction fees have nearly tripled in three days, from $3.52 to $10.20 on average.
According to crypto market data aggregator Glassnode, 22.25% of Bitcoin miners’ income is currently made up of fees, with the other 77.75% coming from block rewards. The share of fee revenues is currently the highest it has been since the plateau of the last all-time high in January 2018 — which…
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Litecoin SegWit Adoption Reaches 80% with Bitcoin Still Far Behind
Litecoin SegWit Adoption Reaches 80% with Bitcoin Still Far Behind
Segregated Witness (SegWit) adoption on Litecoin (LTC) is reaching new heights as penetration on the Bitcoin (BTC) chain is beyond the halfway point. However, the delay in platforms like Blockchain.com to get onboard the SegWit train still means users are paying more in fees than are necessary. Litecoin SegWit Penetration 80% of the Way ThereRead More
https://btcmanager.com/litecoin-segwit-adoption-80-bitcoin/?utm_source=Tumblr&utm_medium=socialpush&utm_campaign=SNAP
Post-Halving Reality: Average Bitcoin Transaction Fee Rises to $4 The transaction fees on the Bitcoin network have increased by more than 1,300% since the beginning of the year, with the halving pushing the amount necessary to perform a transaction all the way up to $5.1 on May 11.
