Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average […]

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Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline

Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees DeclineBitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of bitcoin soared on growing institutional interest. According to data by Bitinfocharts, it cost an average of $5.75 to send a […]

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Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper

Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much CheaperThe cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as much as 547% in the month to August 6, rising from just $1 to $6.47. […]

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Bitcoin Fees Fall 60% While Transaction Count Declines

Bitcoin Fees Fall 60% While Transaction Count DeclinesBitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from just over $6.28 six […]

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Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving

Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the HalvingBitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected the equivalent of 1,176 BTC in transaction […]

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Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole

Bitcoin Transaction Costs Soar 400% Amid Halving HyperboleThe average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid each […]

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Get Detailed Statistics About Your Favorite Crypto From Bitinfocharts

Get Detailed Statistics About Your Favorite Crypto From BitinfochartsHaving access to reliable and detailed statistical data should be a priority for any cryptocurrency trader and investor. Bitinfocharts is a free and rich source of cryptocurrency statistics that offers you the opportunity to compare dozens of digital coins by numerous indicators. Also read: Stay in Touch With Changing Markets Using the Crypto Trends App […]

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Crypto Community Monitors Bitfinex Wallets and the Strange 6% BTC Premium

Crypto Community Monitors Bitfinex Wallets and the Strange 6% Premium on BTCWhether cryptocurrency enthusiasts believe the stablecoin controversy is worrisome or mere FUD, the news surrounding the $850 million of Bitfinex funds locked up has shaken the markets. Now, digital asset traders are closely monitoring the large premium on Bitfinex, where the price of BTC is trading for $300 more than on most spot markets. The […]

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