Bitcoin Blockchain and Cryptocurrency News Center
The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down, the Cointelegraph reported. The average transaction fee per Bitcoin (BTC) transaction made a complete 360-degree over nearly two years to settle down at $1.039, a number which was last recorded back in June 2020. […]
Transaction fees are falling rapidly on Bitcoin and Ethereum as the coin prices of both recede from recent peaks, the Cointelegraph reported on May, 17. Transaction fees on Bitcoin and Ethereum have fallen by 81% and 71%, respectively, over the last few weeks as the broader cryptocurrency market continues to descend from its recent all-time high. The […]
Bitcoin miners generated an estimated $328 million in revenue in September, down 11% from August, according to Coin Metrics data analyzed by CoinDesk. The moderate decrease in revenue came as bitcoin (BTC) stumbled through September, closing the month down 8% after gaining over 25% through July and August. Revenue estimates assume miners sell their BTC immediately. Network […]
Despite stagnation in the value of ETH, demand for Ethereum transactions continues to increase day after day. This is largely due to the growth seen in what is known as decentralized finance — or “DeFi.” Coins and protocols pertaining to this space are largely based on Ethereum, meaning that the network has racked up countless […]