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Despite 30% Drop, Ethereum Transaction Fees Remain Sky-High


Despite a drop of nearly 30% in the past three days, transaction fees on the Ethereum (ETH) network remain at the highest level they have been since July 2018. According to fresh data from Bitinfocharts, the average fee paid to make transactions on Ethereum now stands at USD 3.24, based on a 7-day...

New Kenyan Digital Tax to Affect Crypto Platforms


Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...

CoinDesk Monthly Review, July 2020


In the opening weeks of July, it looked like gold would surpass bitcoin for monthly returns, as it reached an all-time high, a frustrating state of affairs for those who believe the current macro situation should be a “perfect storm” for bitcoin’s “gold 2.0” narrative. That was before bitcoin shot...

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