Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%

Ethereum's Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar […]

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Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March

Bitcoin's Average and Median-Sized Network Fees Rose 40% Higher in MarchIn March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin […]

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Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions

Bitcoin's Blockchain Growth Accelerates With Trend of Ordinal InscriptionsThe Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an average […]

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Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened

Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have LengthenedThe last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9 minutes 31 seconds. However, since […]

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Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month

Ethereum Gas Fees Are Currently 62% Cheaper Than Last MonthSince November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From $62 […]

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Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals

Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll RevealsInvestors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a public non-profit organization. Fifth of Finiko Investors Parted With Over 1 Million Rubles Russia is still trying […]

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Despite 2018 Bear Trend, Top Ten Crypto Markets of 2017 Gain Average of 170% in 12 Months

Despite 2018 Bear Tend, Top Ten Crypto Markets of 2017 Gain Average of 170% in 12 MonthsIn our latest historic snapshot analysis, we look at the performance of the top ten cryptocurrency markets since May 28th, 2017. Despite suffering heavy losses during 2018, the average price gain of the top ten markets has been 170% when compared with prices from 12 months ago, with only one of the then leading markets […]

The post Despite 2018 Bear Trend, Top Ten Crypto Markets of 2017 Gain Average of 170% in 12 Months appeared first on Bitcoin News.

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