fees
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Altcoins
NFT Marketplaces Witness Dramatic Reduction in Ethereum Fees
Ethereum gas consumption landscape is transforming significantly as Non-Fungible Token (NFT) marketplaces no longer dominate the network’s gas usage. According…
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Blockchain
BRC-20 Transaction Fees Decline From May 8
Dune data shows that on May 11, BRC-20-related transaction (minting, transfer and deployment) fees dropped to 30 BTC, a drop…
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Bitcoin
Deciphering the link between Bitcoin’s [BTC] block sizes and miner fees
Block size growth driven by Ordinals inscriptions and BRC-20 impacts the Bitcoin network. Bitcoin mining fees witnessed a historic rise…
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Altcoins
Ethereum staking rates and gas fees decline as meme coin frenzy wanes
Staking rates and gas fees on Ethereum begin to fall as the meme coin craze declines. On a daily chart,…
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Bitcoin
Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside
The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. There were instances of…
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Analysis
Binance CEO Changpeng Zhao Addresses BTC Withdrawal Halt As Bitcoin Network Fees Soar 18X in a Month
Top crypto exchange Binance suffered multiple Bitcoin (BTC) withdrawal shutdowns on Sunday as new BRC-20 tokens drove a gigantic surge…
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Analysis
Bitcoin transaction fees surge to 24-month high amid BRC-20 memecoin mania
The average Bitcoin transaction fee has surged to $30.91 — a level not seen since April 2021, per data from…
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Bitcoin
Bitcoin Fees Hit 2-Year High As BRC-20 Tokens Gain Steam
Summary: The average cost of sending a single transaction on Bitcoin’s blockchain soared to almost $20, its highest point since…
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Altcoins
Bitcoin and Ethereum Fees Spike as Memecoin Season Takes Hold, Hurting Small Investors
The recent surge in popularity of meme-coins has significantly congested both the Bitcoin (BTC) and Ethereum (ETH) networks, slowing down…
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Bitcoin
The Day Transaction Fees Took The Crown
Bitcoin, the largest cryptocurrency by market capitalization and trading volume, sets another record with Block 788695 as transactions on its…
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