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RUNING THE PARTY? Bitcoin’s once-every-four-years “halving” was supposed to bring a steep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%. Instead, the simultaneous launch of Casey Rodarmor’s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – proved so popular that it caused massive […]
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Bitcoin (BTC) fees skyrocketed to their highest level, above $100, as the halving occurred, racking up over $2.4 million in … Continue reading
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Bitcoin’s (BTC) average transaction fees reached a 4-month high of $24.39 on April 12, nearing the world’s average daily income … Continue reading
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Ethereum fees for “blobs” – the blockchain’s new dedicated class of cheaper data storage – spiked Wednesday after a project called Ethscriptions created a new way of inscribing data, known as “blobscriptions.”
Just one potential spot bitcoin ETF issuer has set a management fee above 1%, and many of the others are asking for less than 0.5%.
So far, only six potential spot bitcoin ETF issuers have revealed their charge, and Fidelity is the cheapest.
Share prices of publicly listed bitcoin mining companies are “on fire” thanks to high transaction fees, one analyst said.
The crypto exchange’s promotion comes as trading volumes plummet to four-year lows, hurting the revenue streams.
The move is part of an initiative to drive demand for block space, which help add to the value proposition of ftm tokens.