AVAX: Bears refuse to let go even as DeFi activity rises

DeFi protocols contributed significantly to Avalanche's transaction count and active user base. AVAX was still grappling with bearish sentiment. Avalanche [AVAX], the decentralized proof-of-The post AVAX: Bears refuse to let go even as DeFi activity rises appeared first on AMBCrypto. дальше »

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Filecoin has a silver lining despite SEC-induced FUD: Here's why

The latest FUD affected the speculative interest for FIL as investors shied away from opening new trading positions. FIL's transaction volume declined, suggesting that market participants were The post Filecoin has a silver lining despite SEC-induced FUD: Here's why appeared first on AMBCrypto. дальше »

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Cardano piques investor interest as network breaks two-week slump

ADA's transaction volume shot up by 38% over the week. Cardano's development activity showed a steady decline over the past week. Cardano [ADA] broke out of its two-week downtrend to post gaThe post Cardano piques investor interest as network breaks two-week slump appeared first on AMBCrypto. дальше »

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BTC mining innovations could aid miners but not without these hurdles...

Bitcoin mining companies continue to innovate despite market volatility. Fees generated per transaction decline. Holders don't see any selling pressure. MVRV ratio begins to decline. Even thThe post BTC mining innovations could aid miners but not without these hurdles... appeared first on AMBCrypto. дальше »

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Australia marks first FX transaction using a CBDC as eAUD pilot continues

The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain.

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Ethereum, Bitcoin users rush to Solana [SOL] as they seek...

High transaction fees on Ethereum and Bitcoin have led to increased network activity on Solana. While network activity sees growth, other ecosystem metrics experience a decline.  Solana sawThe post Ethereum, Bitcoin users rush to Solana [SOL] as they seek... appeared first on AMBCrypto. дальше »

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The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today

Amid climbing transaction fees and increased development activity, bitcoiners are warring over the future of the network. Is this a replay or a result of the so-called Blocksize Wars. дальше »

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What Polygon zkEVM’s 'promising' update means for MATIC

Apart from transaction volume, zkEVM’s daily transaction count and the daily gas used also increased. MATIC’s on-chain metrics suggest that investors can expect a trend reversal. PolygonThe post What Polygon zkEVM’s 'promising' update means for MATIC appeared first on AMBCrypto. дальше »

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Polygon: zkEVM's new achievement looks promising, what about MATIC?

Apart from transaction volume, zkEVM’s daily transaction count and the daily gas used also increased. MATIC’s on-chain metrics suggest that investors can expect a trend reversal. PolygonThe post Polygon: zkEVM's new achievement looks promising, what about MATIC? appeared first on AMBCrypto. дальше »

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Dogecoin's Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced

Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week. дальше »

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Can Bitcoin's latest milestone help improve the state of the BTC network

Bitcoin hits new transaction volume milestone. However, miner revenue has been on a downfall. The excitement that we saw in Bitcoin from January to part of March has no doubt died down. дальше »

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Bitcoin (BTC) Fixes This: Here's How Dutch Bank Spent Weeks on Regular Transfer

Crypto enthusiasts are discussing crazy story of single transaction in The Netherlands that took over four weeks дальше »

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Bitcoin Price Outlook: BTC might witness renewed momentum amidst surged retail activity

Bitcoin‘s (BTC) fluctuations seem to have triggered decreases in institutional investors. Nonetheless, retail market participants have seen opportunities to record surged activity. Let us evaluate the level of involvement that retail and institutional holders showcase according to the present transaction figures. дальше »

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Token of Layer-1 Blockchain Kava Surges 40% Ahead of Mainnet Upgrade

The change improves transaction speed and aims to beef up security on the platform, Kava says. дальше »

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Bitcoin Active Addresses Sharply Decline Despite Transaction Demand, Why?

Data shows that Bitcoin active addresses have sharply dropped despite the high transaction demand; here’s why this may be happening. Bitcoin Active Addresses Have Seen A Sharp Plunge Recently According to the latest weekly report from Glassnode, the active addresses are around cyclical lows of 566,000. дальше »

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Miners and fees: How rising transaction fees affect Bitcoin mining costs

The post Miners and fees: How rising transaction fees affect Bitcoin mining costs appeared first on CryptoSlate.

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South Korea prosecutors investigating lawmaker’s crypto accounts

South Korean prosecutors are probing crypto exchanges UpBit and Bithumb as part of the investigations into the transactions of lawmaker Kim Nam-kuk. Local media reported that the Seoul Southern District Prosecutor’s Office had seized Kim’s account information from the two exchanges to check his transaction history and funding source. дальше »

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Ripple Transaction Count Down 65%, Will This Affect XRP Prices?

The number of on-chain Ripple (XRP) transactions on the XRPL is down 65% from 2. 5 million on March 19 to less than 900,000 on May 14, 2023. XRP Transactions Crashing As of May 14, 2023, 852,000 transactions were processed by the XRPL, a decentralized blockchain network by Ripple Labs curated for fast value transfer. дальше »

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TRX outpaces ETH and BNB in these metrics, but there's more than meets the eye

Tron shone with record-breaking daily active addresses, surpassing Ethereum and BNB Chain. Despite transaction dominance, Tron faced lower fees and a declining Total Value Locked (TVL). As pThe post TRX outpaces ETH and BNB in these metrics, but there's more than meets the eye appeared first on AMBCrypto. дальше »

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Crypto Analysts Predict XRP Price Rally Against BTC

Market analysts are watching Ripple’s XRP for a potential price surge against the world’s leading digital currency, Bitcoin. XRP, known for its lightning-fast transaction speed and secure blockchain technology, has recently experienced a rollercoaster ride due to its lawsuit with the US Securities and Exchange Commission. дальше »

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Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge

The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block Bitcoin NFT projects, such censorship could run counter to Bitcoin's open-source characteristics, CoinDesk's chief content officer Michael Casey argues. дальше »

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LTC averages 1 million transactions but whales are keeping away because...

Litecoin transaction achieves new average as address activity grows. LTC still favors the bears as whales suppress the price action. Litecoin just reported the robust growth it has achieved The post LTC averages 1 million transactions but whales are keeping away because... appeared first on AMBCrypto. дальше »

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Cardano Scaling Node Hydra Head Goes Live on Blockchain's Mainnet

The tool, the first in a planned suite of products, aims to speed up transaction times on Cardano. дальше »

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Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long

The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners. дальше »

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Bitcoin mempool starts to clear as fee paid per block falls back to one

The cryptocurrency space has been buzzing this week with BRC-20 tokens' market cap exceeding $500 billion, fueled by the rise of Ordinals earlier this year. CryptoSlate reported an unusual phenomenon: Bitcoin miners receiving more income from transaction fees than block rewards. дальше »

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Robinhood saw $38M in crypto transaction revenue in Q1 2023

Stock and crypto trading platform Robinhood published its Q1 2023 results on May 10. The company said that its cryptocurrency transaction revenues fell 1% sequentially to $38 million, even as overall transaction revenue increased by 11%. дальше »

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Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside

The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. There were instances of transaction fees exceeding the block rewards given to miners. While The post Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside appeared first on AMBCrypto. дальше »

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Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners

The introduction of NFTs and BRC-20 tokens on the Bitcoin network through the Ordinals Protocol has sparked debate over its effects on transaction fees and chain bloat. Despite these concerns, Glassnode data analyzed by CryptoSlate reveals unexpected benefits for Bitcoin miners. дальше »

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Why is the crypto market down today? BTC briefly slips below $27k

Key takeaways The cryptocurrency market is down by roughly 1% over the past 24 hours. Bitcoin briefly dropped to $26,990 earlier today before recovering to now trade above $27,500. The dump came due to reports that there was a transaction with the United States government’s BTC wallet. дальше »

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Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees

Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s team and its community. дальше »

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BNB Chain L2 Boba Network Achieves Record Transaction Volume in April

Coinspeaker BNB Chain L2 Boba Network Achieves Record Transaction Volume in April Boba said its users on BNB Chain are saving around 80% on transaction fees by using its network. BNB Chain L2 Boba Network Achieves Record Transaction Volume in April дальше »

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Bitcoin Whales’ Transaction Count Of $1M Signal Declining Market Sentiment — Here Are Its Implications for BTC

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Machi Big Brother’s 6B PEPE token purchase causes controversy

Controversial former musician and tech entrepreneur Jeffrey Huang, Machi Big Brother, recently purchased 6 billion PEPE tokens for $12,000. The transaction was made through his Ethereum address with the ENS domain ‘machibigbrother. дальше »

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Cardano DeFi Steals The Show, Outperforms The Market With Explosive Transaction Growth

Despite the recent market dip, Cardano’s decentralized finance (DeFi) ecosystem has seen a significant surge in activity, with transactions on Cardano DeFi apps soaring to 250,000 per epoch from 160,000 transactions during the previous epoch. дальше »

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Cardano’s transaction load at 94% capacity

Cardano is currently operating at 94% of its maximum capacity. This spike is a general trend especially in top networks, including Bitcoin and Ethereum дальше »

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Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy

Transaction fees on the Bitcoin blockchain have hit a two-year high due to the growing popularity of so-called BRC-20 tokens. дальше »

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Is Lido DAO (LDO) Set for Price Rebound as Transaction Volumes Spike? 

Lido DAO dropped 8% as Ethereum price correction spreads to staking protocols. However, on-chain data suggests a positive LDO price prediction The post Is Lido DAO (LDO) Set for Price Rebound as Transaction Volumes Spike?  appeared first on BeInCrypto. дальше »

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Bitcoin’s Surging Transaction Fees Viewed As “Direct Attack” By A Cross-Section Of The Community

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Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar

Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem. дальше »

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Exclusive: Nansen report showing surge in Arbitrum transactions after ARB Airdrop

Invezz can exclusively report that industry-leading blockchain data analytics platform Nansen has released its Q1 2023 report on the performance of Ethereum-based blockchain Arbitrum. The report shows that, despite the collapse of FTX and the ensuing crypto contagion, Arbitrum experienced increased user activity with a “surge” in transaction volume driven by the ARB token airdrop, […] The post Exclusive: Nansen report showing surge in Arbitrum transactions after ARB Airdrop appeared first on Invezz. дальше »

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Block Size War 2.0 heats up as Bitcoin SV spikes 33%

Bitcoin SV has surged 33% over the last 24 hours — while Bitcoin falters as rising transaction fees and chain bloat from Ordinals transactions take hold. Is Bitcoin SV a better Bitcoin? Buyers have flocked to Bitcoin SV, triggering a nearly threefold increase in trading volume since May 8. дальше »

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Whale Sends 300 Million DOGE to Binance, Price Down 6%

Anonymous transaction carrying hundreds of millions of DOGE to Binance has caught attention of crypto community дальше »

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Bitcoin Inscriptions nearing 5M: miner’s future earnings amid economic uncertainty

Quick Take Inscriptions which is the process of writing data into the blockchain via the Witness portion of a Bitcoin transaction. The total count of Inscriptions is now approaching 5 million; as you can see, it predominately comes from text-based inscriptions. дальше »

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Bitcoin transaction fees surge to 24-month high amid BRC-20 memecoin mania

The average Bitcoin transaction fee has surged to $30. 91 — a level not seen since April 2021, per data from ycharts. com. The period in the run-up to April 2021 was characterized by a mania that saw Bitcoin run to $64,900 — likely driven by Coinbase’s NASDAQ listing and the narrative that crypto is going mainstream. дальше »

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The Impact of Ordinals Protocol on Bitcoin’s Network & Transaction Fees

Explore the transformative impact of Bitcoin NFTs, understand how the Ordinals protocol has driven up transaction fees, and discover what this means for the future of Bitcoin. The post The Impact of Ordinals Protocol on Bitcoin’s Network & Transaction Fees appeared first on NFT News Today. дальше »

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Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years

Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin’s block subsidy of 6.25 BTC. дальше »

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Ethereum Gas Skyrocketing as Trader Paid 64 ETH in Fees, What's Happening?

One Ethereum transaction cost 64 ETH as gas fees return to record highs дальше »

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PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain

As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain. дальше »

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Trader pays almost $120k in ETH as transaction fees rise

Gas fees on the Ethereum network seem to be high again after a trader paid 64 ETH worth around $120,000 for a single transaction. дальше »

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Bitcoin addresses take an extreme nose dive

Bitcoin's record transaction counts due to the rise of BRC-20 tokens have revealed an intriguing anomaly: a negative correlation between transactions and active/new addresses. As these addresses hover around the 365-DMA, it begs the question: what's causing this unusual disconnect between transaction counts and address activity? Find out the hidden factors at play, and uncover how this could impact the future of the crypto market. дальше »

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