Bitcoin fees skyrocket on ETF hype
The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16. The average transaction fee is up 746% from a year ago. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16. The average transaction fee is up 746% from a year ago. Go to Source
After the latest Form S-1 spot Bitcoin ETF amendment by WisdomTree, only Franklin Templeton and Global X are yet to amend their S-1 filings. Go to Source
The world’s largest asset manager filed the S1 form with the US SEC a week after registering iShares Ethereum Trust with the Delaware Department of State Division of Corporations. Go to Source
Tether USDT added at least $20 billion to its market capitalization in 2023, while rival stablecoin USDC lost the same amount so far this year. Go to Source
Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at least a month after approval. Go to Source
The new trading capability comes simultaneously with a surge in interest in crypto financial products in the United States. Go to Source
Bitcoin funding rates are in classic bull market territory, but can BTC price upside sustain as macro volatility triggers line up? Go to Source
Bitcoin ETF launch day could be more than just a “sell the news” event for BTC price, says Peter Schiff. Go to Source
ETH price finally polevaulted the $2,000 resistance, but will retail demand and network use support the current bullish momentum? Go to Source
A total of 12 asset managers have filed for a spot Bitcoin ETF with the U.S. SEC, with the first window for approval from the SEC opening on Nov. 8. Go to Source