Fees - CryptoBews

Bitcoin Overtakes Ethereum and Tops $61M in Total Transaction Fees Over Last 7 Days

Melodie DenningDecember 1, 2023

by Melodie DenningDecember 1, 202306

Ordinals Protocol Alters Dynamics, Prompting Questions About Usability and Security Recent data reveals Bitcoin’s transaction fees of $61 million closely rival Ethereum’s $61.5 million, marking...

Bitcoin

Bitcoin Fees Soar Above Ethereum’s As Investors Flock To Ordinals

Melodie DenningNovember 21, 2023

by Melodie DenningNovember 21, 2023016

CryptoFees data shows that Bitcoin daily fees averaged $10.65 million from November 16 to November 18, surpassing Ethereum’s average fee of nearly $7 million for...

Bitcoin

Bitcoin: Why a jump in BTC transaction fees is crucial for the network

Melodie DenningNovember 17, 2023

by Melodie DenningNovember 17, 2023015

Journalist Posted: November 17, 2023 The portion of block rewards coming from transaction fees surged to 21% on 16th November. In a post-halving scenario, similar...

Cryptocurrency

Ethereum Gas Fees is Now More Expensive Than Actual Gas

Melodie DenningNovember 11, 2023

by Melodie DenningNovember 11, 2023021

Ethereum Gas Fees is Now More Expensive Than Actual Gas YEREVAN (CoinChapter.com) — Gas fees are surging on the Ethereum (ETH) networks. Several users took...

Cryptocurrency

Bitcoin Network Encounters Congestion, Causing New High for Transaction Fees

Melodie DenningNovember 10, 2023

by Melodie DenningNovember 10, 2023014

Recent Surge in Ordinal Inscriptions Leads to New Highs in Transaction Fees Bitcoin network experiences a sudden congestion resurgence with over 157,000 pending transactions. High-priority...

Ethereum

Will Gas Fees Drop Even In A Bull Market?

Brian FreemanNovember 7, 2023

by Brian FreemanNovember 7, 2023023

The adoption of Ethereum layer-2s is on the rise if Token Terminal data shared on November 6 is anything to go by. According to statistics from the...

Bitcoin

Bitcoin’s bullish surge: Analyzing network fees, price trends and more

Melodie DenningOctober 29, 2023

by Melodie DenningOctober 29, 2023017

BTC continues to trade above $30,000 despite recent declines. More BTCs flow into exchanges as positive exchange Netflow dominates. The recent surge in the price...

Cryptocurrency

Lido on Solana Decides to Wind Down Operations, Citing Necessity Amid Low Fees

Melodie DenningOctober 21, 2023

by Melodie DenningOctober 21, 2023026

Lido Finance discontinues Solana operations after community vote. Financial challenges and low fees led to this decision. Lido token holders overwhelmingly supported sunsetting Solana. The...

DeFi

Lido Finance Fees Exploding, Should Comparatively Low Revenue Be A Concern?

Anders OlsenOctober 20, 2023

by Anders OlsenOctober 20, 2023029

The total amount of Ethereum (ETH) staked on Lido Finance, one of the many liquidity staking protocols available, has risen steadily over the past few years. Surprisingly,...

Ethereum

Ethereum fees drop drastically – Is low demand the reason?

Brian FreemanOctober 14, 2023

by Brian FreemanOctober 14, 2023030

Ethereum’s fees have fallen to their lowest level since 2020. With growing supply in the past few weeks, Ether is back to being inflationary. Demand...