[ad_2][ad_1] Bitcoin’s price fell on Monday due to greater macroeconomic concerns, while Ethereum’s lower fees benefit hardcore DeFi users. Bitcoin (BTC) traded around $ 13,011 at 20:00 UTC (16:00 ET). Down by 0.33% compared to the previous 24 hours. Bitcoin 24 Hour Range: $ 12,773- $ 13,250 BTC below its …
Read More »Ethereum transaction fees have plummeted 92% since mid-September due to declining DeFi interest
[ad_2][ad_1] The average transaction fee paid to transact on the Ethereum network has been steadily declining since mid-September, as interest in the decentralized finance ecosystem (DeFi) has stalled. According to data from BitInfoCharts, the average transaction fee on Ethereum reached a new all-time high near $ 15 earlier this year …
Read More »Market Wrap: Bitcoin $ 12K test; Ethereum fees drop to a minimum of 3 months
[ad_2][ad_1] Bitcoin’s price topped $ 12,000 for the first time since September when Ethereum’s fees dropped. Bitcoin (BTC) traded around $ 11,910 at 20:00 UTC (16:00 ET). Gain of 1.8% compared to the previous 24 hours. Bitcoin 24 Hour Range: $ 11,673- $ 12,058 BTC above its 10 and 50 …
Read More »Blockchain Bites: Filecoin Strike, Bitcoin Fees Fall, Coinbase Censorship
[ad_2][ad_1] Upper shelf Symbolic protestFive of Filecoin’s biggest miners, protecting that data storage network, went on strike, bringing attention to the project’s “unfair” economic model. According to a report by 8btc.com, miners are required to stake a significant amount of FIL tokens in order to start mining operations. But there …
Read More »Ethereum fees hit the lowest price since the start of the DeFi boom
[ad_2][ad_1] In the letter Ethereum transaction fees are decreasing. This could mean that there is less activity on the blockchain. And that this summer’s hype around DeFi is coming to an end. The average price of a file Ethereum transaction it hit its lowest price since mid-July, when this summer’s …
Read More »Ethereum miners earned 450,000 ETH from high network fees during the DeFi peak
[ad_2][ad_1] The Ether miner’s (ETH) revenue skyrocketed during the month of September according to data from glassnode, an onchain analytics resource. Although the price of Ether has not increased significantly during this period, miners on the Ethereum network have seen their revenue increase due to the high fees. The miners …
Read More »Market Wrap: Blame BitMEX because Bitcoin drops to $ 10.4K; Record month for Ethereum fees
[ad_2][ad_1] The legal problems of the BitMEX derivatives exchange with US regulators impacted the price of bitcoin as DeFi gave Ethereum miners more revenue than ever. Bitcoin (BTC) traded around $ 10,582 at 20:00 UTC (16:00 ET). Slipping by 1% in the previous 24 hours. Bitcoin 24 Hour Range: $ …
Read More »How to track, get and set the best Bitcoin and Bitcoin Cash transaction fees
[ad_2][ad_1] Once set up with a bitcoin or bitcoin cash wallet and a few coins, using and sending them is pretty straightforward. Part of this process involves paying a transaction fee, which is a small amount of coin included in a transaction that incentivizes miners to work the transmission in …
Read More »Angus council leaders deny "top issues" for parking fees
[ad_2][ad_1] The managing director and deputy head of the Angus Council sought to annul the claims that there is a rift between the administration in power and senior officials for parking fees. The move comes a few minutes after a meeting of the Kirriemuir community council, according to which the …
Read More »Overstock will pay some of its 2019 fees in Bitcoin
[ad_2][ad_1] The digital retail giant Overstock.com plans to pay at least some of its taxes using bitcoin this year. The company announced on Thursday its investor portal that it would pay some of its state taxes on business in Ohio using bitcoins, becoming the first major company to do so. …
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