5th Birthday: Ethereum Miners Rejoice Over High Network Fees
Ethereum has not only surged to its highest price for over a year, it has tapped milestone highs in other on-chain metrics as well. Today is the network’s 5th anniversary…. Read more »
Tag: fees
Bitcoin Transaction Fees Surge as Demand for the Network Rockets Higher
Demand for the Bitcoin network is beginning to take off, with the crypto’s ongoing price rise being the likely suspect behind this sudden uptick. This has resulted in the cryptocurrency… Read more »
Market Wrap: Bitcoin Blasts Past $10,000; Ethereum Fees Up 550% in 2020 – CoinDesk
High spot bitcoin volume not seen since June is helping price while Ethereum’s DeFi expansion continues to include costly network fees. Bitcoin (BTC) trading around $10,829 as of 20:00 UTC… Read more »
Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans
The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640… Read more »
Explosive Defi, Stablecoin Activity Send Ethereum Fees Above Bitcoin
The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month. Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and… Read more »
Ethereum Creator Vitalik Buterin Offers Scaling Solution for Sky-Rocketing ETH Transaction Fees
Median transaction fees on Ethereum just hit their highest point in almost two years, as the network struggles under heavy congestion. Meanwhile, Ethereum creator Vitalik Buterin confirmed on June 30… Read more »
Grayscale Bitcoin Trust Is Screwing Retail (and Institutions) on Fees
Key Takeaways Grayscale Bitcoin Trust was lauded as a major step towards making Bitcoin more accessible to institutional and retail investors Yet, Grayscale’s Bitcoin product, GBTC, charges people outrageous fees… Read more »
Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks Straight
This week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that… Read more »
FXCM Reports Stable Spreads for FX, Crypto Pairs; Gold Fees Widened
FXCM Group today reported its execution quality metrics for May 2020, which showed the spread on its Gold instrument remains high as traders pay over the top to get their hands on the… Read more »
Bitcoin Transaction Fees Drop Under $1, Returning to April Levels
The average transaction fees for Bitcoin have dropped under the $1 mark, and are back to levels not seen since before the rewards halving. According to data from crypto analytics… Read more »