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$99 Gas Fees on Ethereum Are Crippling DeFi’s Growth
14.8.2020
Skyrocketing Ethereum fees and the exorbitant costs of interacting with DeFi smart contracts, threaten the growth of the sector
Blockchain Bites: Coinbase’s Loans, Ethereum’s Fees, YAM’s Bug
13.8.2020
Ethereum fees and miners' profits are at all-time highs. Coinbase is offering bitcoin-backed loans and the Tor Network is subject to a crypto scam
ETH Transaction Fees Hit All-Time High Second Day in a Row
13.8.2020
Ethereum has been going skyhigh in more ways than one
First Mover: Ethereum Faces Inflation Problem as Gas Fees Soar
13.8.2020
Ethereum "gas" prices are soaring, and cryptocurrency traders say it's a reflection of congestion on the blockchain that's now starting to slow down transactions on decentralized exchanges
High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs
13.8.2020
Average transaction fees broke all-time highs as median fees hover just below its high
The Sky’s the Limit for Ethereum Fees, Leaving ETH Miners ‘Laughing’
11.8.2020
This year, it seems that for ethereum (ETH), the only way is up, as prices continue to climb. But as the token continues to display signs of rude health and the DeFi sector is booming, transaction fees are also skyrocketing – with the price of moving tokens around on the Ethereum blockchain...
Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper
11.8.2020
The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as much as 547% in the month to August 6, rising from...
Bitcoin Transaction Fees Dropped 58% Last Week as Congestion Eased
10.8.2020
The cost of transacting on the Bitcoin blockchain fell sharply last week as the network reverted to less frantic levels of activity
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
7.8.2020
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market...
Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
6.8.2020
An unknown Bitcoin wallet paid a mere $4 to transfer over $1 billion
DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say
5.8.2020
DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone
Ethereum Transaction Fees Fall by 75% as Congestion Eases
5.8.2020
Ethereum gas fees appear to be finally going down as activity levels fall from the highs of July
CoinDesk Monthly Review, July 2020
4.8.2020
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...
Bitcoin Miners Saw 7% Revenue Increase in July
1.8.2020
Bitcoin miners earned $300 in revenue during July
Ripple Paid MoneyGram $15.1M in ‘Market Development Fees’ in Q2
31.7.2020
With the $15.1 million in Q2, MoneyGram has so far received $43 million for providing liquidity for Ripple’s XRP-based settlement system
Bybit presents World Series of Trading (WSOT) – 200 BTC Prize Pool up for Grabs
30.7.2020
While movie theaters may be unusually empty this time of the year, a different kind of summer blockbuster is coming soon, one that promises to bring back the exhilaration of competitive crypto trading with up to 200 bitcoins (BTC) prize pool, up to 20% off trading fees and up to $9,400 in USDT...
Bitcoin Scaling Tech Could Have Saved Companies and Users $500M in Fees: Report
29.7.2020
Implementing transaction batching and SegWit could have saved bitcoin companies and users $500 million in fees – if they'd just use the technology
Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’
28.7.2020
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately...
Market Wrap: Bitcoin Blasts Past $10,000; Ethereum Fees up 550% in 2020
27.7.2020
Bitcoin is experiencing high volumes, pushing the price close to $11,000. Meanwhile, Ethereum fees are up 550% this year