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After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction. (data.hashrateindex.com) Bitcoin transaction fees have significantly come down post-halving The floor price for the Runes NFT collection has also come down. Runes was supposed to be the tool that maintained fee revenue post-halving Bitcoin(BTC)started the week stable, changing hands above $65,800, as transaction...
Institutions launching bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — could be relatively muted? (Giovanni Calia/Unsplash) This year’s halving — the quadrennial slashing of the amount of new bitcoin(BTC)entering into circulation — may be the most important since the...
Some other catalyst needs to happen before bullish sentiment returns, says one trader. The Ether Trend Indicator. (CoinDesk Indices) BTC is up, trading above $64,000 while ETH prices continue to decline. The CD20 is flat, trading at 2,174. Ether(ETH)was changing hands just above $3,000 during the opening hours of the Asia trading day as the CoinDesk Indices Ethereum Trend Indicator...
Bitcoin miner selling could last for four to six months after the halving, amounting to as much as $5 billion worth, according to an analyst. Bitcoin miner selling could last for four to six months after the halving, amounting to as much as $5 billion worth, according to an analyst. There could be a large outflow of Bitcoin from miners...
Ondo Finance's governance token (ONDO) jumped Thursday after the tokenized asset platform tested out the newly introduced ability to do near-instant conversions between Circle's USDC stablecoin and BlackRock's new BUIDL token. An Ondo wallet on Ethereum redeemed $250,000 worth of BUIDL tokens in exchange for USDC, Etherscan data shows. That was an attempt to try out the USDC-to-BUIDL feature announced...
Bitcoin Buckles Below $69K as Crypto Bulls Endure $175M Liquidations Bitcoin price on April 9 (CoinDesk) Bitcoin and ether dropped 4%, while SOL and DOGE lost 6%-7% in the past 24 hours. The move lower triggered the largest amount of leveraged long liquidations in a week, CoinGlass data show. Bitcoin(BTC)buckled below $69,000 as cryptocurrencies slid Tuesday, paring optimism after Monday's...
Bitcoin is "well positioned" for a strong weekly close, but not everyone is trusting of traditionally unreliable weekend BTC price action. Bitcoin is "well positioned" for a strong weekly close, but not everyone is trusting of traditionally unreliable weekend BTC price action. headed higher into the April 7 weekly close as uncharacteristic weekend BTC price action boosted bulls. BTC/USD 1-hour...
Maximum extractable value (MEV), in which blockchain operators reorder transactions to squeeze out additional profits, usually at the expense of whoever is sending the transactions, is not inherently bad, some policy experts point out. EU regulators are exploring the boundaries of MiCA regulation. (Pixabay) The European Securities and Markets Authority (ESMA) flagged a technique employed by some crypto miners as...
The last confirmed government sale was just more than a year ago. The DOJ seized about 50K Silk Road bitcoin in late 2022 (Shutterstock) A wallet tagged as belonging to the U.S. governmentmoved 30,175 bitcoinsto what's reported to be a Coinbase wallet late Tuesday morning. At bitcoin's(BTC)current price around the $65,000 level, that would be roughly $2 billion worth of...
All eyes are on the upcoming Bitcoin halving event. zen, stone. (Shutterstock) Bitcoin is trading above $70K, while Ether was above $3600 on Monday. Bitcoin halving event keeps options volatility high while perpetual futures funding rates remain inflated. Bitcoin(BTC)and ether(ETH)began the trading week fairly flat, as many major financial centers around the world remained closed for the long easter weekend....