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JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees
28.5.2020
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles...
Bitcoin Transaction Fees Decline as Network Congestion Eases
27.5.2020
After facing a heavy load of transactions earlier this month, bitcoin's network has returned to a more normal level, recent developments suggest
Report: High Remittance Fees and Unstable Rupee Drive Crypto Adoption in India
27.5.2020
Indians are flocking to cryptocurrency due to high remittance fees and the difficulty of exchanging rupees to a more stable currency
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
27.5.2020
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...
After Spiking to February 2018 Levels, Bitcoin Fees Have Dropped 54%
27.5.2020
The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins
Bitcoin Fees Drop But Still Remain Far From the Pre-Halving Level
26.5.2020
After two weeks of soaring, Bitcoin (BTC) fees' flight to new highs seems to be over, at least for now, descending more than 50%.
Bitcoin fees started rising after the reduction of the miners' reward on May 11, surprising even the industry insiders and reaching new, 'ridiculous' highs this year....
Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
Bitcoin Mining Difficulty Adjustment Might Help Adjust Heavy Fees Too
19.5.2020
Source: Adobe/Яна Василевская
With Bitcoin (BTC) fees reaching new highs this year, the hammer that could knock it back down may be the imminent mining difficulty adjustment.
As reported, both Bitcoin and Ethereum (ETH) fees have been on the rise in the past week. According to Bitinfocharts.com...
Bitcoin Transaction Fees Are Up 800% in One Month
17.5.2020
Bitcoin transactions fees have surged immediately after a halving skyrocketed for the first time
Post-Halving Reality: 17% Of Miner Revenue is Coming From Fees
16.5.2020
In the post-halving reality, Bitcoin miners revenue has dropped by over 60 percent
Bitcoin and Ethereum Users Complain About Rising 'Ridiculous' Fees
15.5.2020
While Bitcoin (BTC) fees keep rising, Ethereum (ETH) fees are also getting more expensive.
Bitcoin fees have been rising following the third halving. On May 12, the average transaction fee reached USD 2.79, the highest in ten months, jumping further to USD 5.16 on May 14. Bitinfocharts.com shows...
Digifinex Live AMA Hosts Bitcoin.com Chairman – Roger Ver Talks Stimulus, Useful Cryptocurrencies, Coronavirus
14.5.2020
On May 14, Bitcoin.com Executive Chairman Roger Ver sat down with Digifinex cofounder, Kiana Shek, for an ask-me-anything (AMA) session about the cryptocurrency ecosystem. Ver explained what he thinks about the central banks printing unlimited money, the government-induced lockdowns, and...
Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...
Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price
13.5.2020
A slowly rising bitcoin price might not help some miners run profitable operations now that the halving is in the past
Bitcoin Fees Rising, Surprising Even Industry Insiders
13.5.2020
After the third halving, Bitcoin (BTC) fees are on the rise again, as it's getting more difficult to get a transaction included into the nearest block.
After reaching its highest point in the past ten months of USD 3.19 on May 8, the average BTC transaction fee dropped 40% to USD 1.92, just...
2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment
13.5.2020
On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially....
Exchange Run By Ex-Morgan Stanley Team Drops Trading Fees for Subscription Model
13.5.2020
The subscription model offers smaller frequent traders a flat fee monthly, something normally only major clients get
Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole
11.5.2020
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...
Exchange Crypto with 0% Fees in Lumi Wallet
11.5.2020
Everybody’s sick of commissions. Lumi Wallet is renouncing them, introducing 0% Fees on all in-wallet operations. All you need to get rid of hidden fees is the Lumi Wallet app and the promocode – BTCNEWS. Why is Lumi doing this? Decentralized finance has undeniable advantages over fiat...
Average BTC Transaction Fees Increased 300% Days Before Halving
11.5.2020
The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26