142 / 325 Relevant items tagged with #CRYPTO
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93 Blocks, $71 Million in Fees: Bitcoin Mining Revenue Booms Post-Halving
[Apr 20, 2024 1:19 PM] Since the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely from transaction fees. As of 2:00 p.m. EDT on Saturday, the current metrics indicate a…
Bitcoin Halving, Runes Proliferation Results in Historic Fee Increases, Crypto Community Reacts
[Apr 20, 2024 12:22 PM] Following the Bitcoin halving event, onchain fees climbed to over $240 per transaction just an hour later, and as of now, a high-priority transfer costs between $52 and $78 per transaction at 10:30 a.m. Eastern Time on Saturday. The increasing fees…
Bitcoin Market Update: Post-Halving Price Dynamics and Market Movements
[Apr 20, 2024 10:29 AM] Bitcoin’s market value has experienced significant shifts following the recent halving event at block height 840,000, which saw onchain fees soar beyond $240 per transaction. This pivotal change coincides with a notable fluctuation in price…
Runes Proliferate on Bitcoin, Sparking New Token Sales on Specific Markets
[Apr 20, 2024 8:39 AM] In the 12 hours following the introduction of the Runes protocol, bitcoin miners have collected substantial fees as the rush to mint runes now dominates block space. Presently, numerous runes exist on the Bitcoin blockchain, with several being…
Bitcoin Miners Smash Previous Revenue Records Post-Halving; Over $54M Collected in 60 Blocks
[Apr 20, 2024 6:51 AM] Since the halving, 63 blocks have been mined, and bitcoin miners have accumulated substantial fees following a dramatic increase in the fee rate. This surge took the cost per transaction from $18 to over $245, recorded at 9:00 p.m. EDT on Friday…
Buckle Up, Injective (INJ) Primed For Takeoff Towards $50 — Analyst
[Apr 20, 2024 5:30 AM] Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is currently at the center of attention. The platform’s proposed upgrade, Injective 3.0, aims to revolutionize its tokenomics by…
Worldcoin Rejects Buenos Aires’ Claims Regarding Abusive User Contract Clauses
[Apr 19, 2024 10:26 PM] Worldcoin, the digital biometric identification project, has rejected the claims made by Buenos Aires regarding possible infringements of customer protection laws. The organization told local sources that it answered Buenos Aires’…
Polkadot Unveils Major Upgrade Plan: Relay Chain Replacement And 10M DOT Prize Incentive
Analyst Reveals Bitcoin’s Bull Market Breakthrough: Here’s What You Need To Know
After Halving Event, Bitcoin Transaction Fees Soar to Over $240
[Apr 19, 2024 7:13 PM] Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments…
Halving Milestone: Block 840,000 Mined, Ushering in a New Chapter as Bitcoin Miners Face Shrinking Rewards
Tether Officially Reorganizes, Announces Four Different Business Divisions
[Apr 19, 2024 4:27 PM] Tether, one of the largest companies in the cryptocurrency industry, has announced a reorganization of its business operations, seeking to restructure to support its expansion. Tether will now have four business divisions: Tether Data, focused on…
Bitcoin Halving: Anticipating Price Impact, Miner Challenges, And Long-Term Outlook
[Apr 19, 2024 4:00 PM] The highly anticipated Bitcoin Halving event is close, bringing with it heightened expectations regarding the long-term impact on the Bitcoin price. There are concerns, however, that this quadrennial event may already be priced in, as Bitcoin…
Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation
[Apr 19, 2024 2:28 PM] Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to…
Bitcoin’s Next Move Revealed: Trading Guru Reveals This Cryptic Chart Pattern, Here’s What It Says
[Apr 19, 2024 2:00 PM] Legendary trader Peter Brandt has recently shared notable insights into the potential future trajectory of Bitcoin price, suggesting the possibility of a significant market move for the crypto asset. This insight comes as Bitcoin appears to be…
Foundry to Isolate and Monetize Bitcoin Halving’s ‘Epic Satoshi,’ Distributing Earnings Among Pool Members
Ripple CEO Walks Back $5 Trillion Crypto Marker Prediction, Unveils New Target
[Apr 19, 2024 12:00 PM] The Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has revised his earlier ambitious prediction on the crypto industry’s future market capitalization, acknowledging that he had underestimated the market’s potential surge. Ripple CEO…
Economist Peter Schiff Declares ‘Bitcoin Fad is Over’ as Gold Prices Soar
[Apr 19, 2024 11:16 AM] After the overnight Israeli retaliatory strikes against Iran, gold prices have settled around $2,388 per ounce, having briefly touched the $2,400 mark right after the events. Over the last five days, gold has increased by 1.85%, while bitcoin has…
Ethereum Fueled Up: Will 320 Million USDT Inflow Ignite Price Surge?
[Apr 19, 2024 11:00 AM] The winds of change are swirling around Ethereum (ETH), the world’s second-largest cryptocurrency. While the Ethereum network itself is buzzing with activity, the price of ETH has taken a tumble in recent days, leaving investors scratching…
Toncoin Price Jumps 17% As Tether Widens Payment Choices On Telegram’s TON Network
[Apr 19, 2024 10:00 AM] Tether, the company behind the largest stablecoin in the market, USDT, has made a significant expansion move that has propelled the Toncoin price, the native token of The Open Network (TON), by 17% in the past 24 hours. Tether Expands Reach To 15…
Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analyst Declares Cool-Off ‘Totally Normal’
Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record
[Apr 19, 2024 7:44 AM] Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19, 2024, the hashrate soared to a record 653…
Bitcoin Technical Analysis: BTC Faces Volatile Day of Trading and Complex Dynamics
[Apr 19, 2024 6:20 AM] As bitcoin navigates a tumultuous trading range between $60,022 and $65,430, market analysts scrutinize oscillators and moving averages for future price direction clues. The cryptocurrency’s price hovers at around $65,110 on April 19, 2024…
The Next Dogecoin? Top Trader Points To This Memecoin
[Apr 19, 2024 5:30 AM] Crypto trading sensation Ansem, known on X (formerly Twitter) as @blknoiz06, has directed the market’s gaze towards the Bitcoin Runes ecosystem, labeling it as the nascent grounds for the next 100x crypto opportunity, as NewsBTC reported…
SEC Amends Lawsuit Against Tron Founder, Asserting US Jurisdiction
[Apr 19, 2024 3:22 AM] The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The…
Analyst Forecast: Litecoin Poised For $250-$300, But Can It Hold?
[Apr 19, 2024 3:10 AM] Litecoin (LTC) is proving its toughness in the wild world of crypto. Even with recent ups and downs in the market, Litecoin is holding steady, making investors hopeful about its future. While its price dipped a bit, experts and some charts are…
Toncoin Unleashes DeFi Monster Growth: TVL Soars 300% In A Month
[Apr 19, 2024 1:10 AM] Toncoin, of the TON network, has captured the attention of the cryptocurrency community as its Total Value Locked (TVL) surpasses a staggering $148 million, marking a historic milestone. This meteoric rise, reported by DefiLlama, showcases an…
Russian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments
[Apr 18, 2024 11:22 PM] Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also…
Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency
[Apr 18, 2024 9:28 PM] The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the country. In a recent press release, the institution reinforced that purchasing cryptocurrency with funds held in…