Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate…
Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice
Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per…
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network…
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes…
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has…
High Bitcoin fees push active addresses down to 3-year low
On April 20, the day of the Bitcoin halving, total transaction fees paid to miners jumped to…
Bitcoin transaction fees surge to make up 75% of miner revenue post-halving
Bitcoin’s fourth halving introduced a long-term and a short-term shift in miner revenue…