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While bitcoin’s price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), or roughly $3.61 per transaction. Bitcoin’s … Read more
In the midst of the ongoing conflict between Israel and Hamas, Israeli Prime Minister Benjamin Netanyahu recently made headlines by offering a form of immunity to Hamas fighters as part of his latest statements concerning the hostage crisis. Following Netanyahu’s statements, former Sodastream CEO Daniel Birnbaum upped the ante by pledging a $100,000 reward for … Read more
Billionaire investor Stanley Druckenmiller recently explained that markets predict Donald Trump’s victory in the upcoming presidential election. In an interview with Bloomberg, Druckenmiller declared that while he remained unconvinced about this, market indicators pointed to Trump clinching the U.S. presidency. Stanley Druckenmiller: Markets Are Anticipating Trump’s Victory Legendary investor Stanley Druckenmiller has shared his insights … Read more
The World Foundation has introduced World Chain, a new blockchain network that claims to focus on verified human users instead of bots. With 15 million verified participants already, the project aims to tackle blockchain issues like congestion and costly transaction fees. How World Chain Plans to Change Blockchain In a statement shared with Bitcoin.com News, … Read more
Over the past month, the price of $WOJAK has surged nearly 200%, drawing attention to two key smart money traders. One wallet, 0x7c7e, recently acquired an additional 10.21 million $WOJAK (worth $12.3K) at a price of $0.0012 just four days ago. Meanwhile, another wallet, 0xd4e3, has yet to make any moves but continues to hold … Read more
Solana ($SOL) has seen a massive spike in on-chain trading activity this week, with volumes jumping 50% to reach an impressive $51 billion. This surge has put Solana ahead of Ethereum ($ETH), which recorded $46 billion in trading volume during the same period. A major driving force behind Solana’s growth is the rising popularity of … Read more
Tether (USDT) is rapidly becoming the most popular Jetton on the TON blockchain. In the past 30 days alone, there have been 4,542,418 USDT transactions on the network, underscoring its growing adoption. Around a month ago, USDT transactions on TON surpassed $300 million, further highlighting its rising influence within the ecosystem. USDT on $TON increasing … Read more
On Polymarket, the probability of Donald Trump winning the 2024 U.S. election has climbed to 59.5%, driven by significant market activity. A prominent whale investor, known as “Fredi9999,” has made another large bet, spending $938,000 in the past 12 hours to purchase 1.59 million “Yes” shares, predicting Trump’s victory. This brings Fredi9999’s total holdings to … Read more
A newly created wallet has been actively withdrawing $SOL from #Kraken over the past two days, redirecting funds towards $GOAT purchases. So far, this investor has spent 11,599 $SOL, equivalent to $1.79 million, to acquire 9.57 million $GOAT tokens, valued at $3.12 million. This move has already yielded an unrealized profit surpassing $1.3 million, showcasing … Read more
Earlier this week, the well-known entrepreneur and investor Vinny Lingham, originally from South Africa but now based in the U.S., sparked a conversation on X by sharing his thoughts about Microstrategy. This company holds an enormous amount of bitcoin on its balance sheet. Lingham suggested that Microstrategy could potentially cause harm to bitcoin, possibly even … Read more