Bitcoin Transaction Fees Plummet to Single Digits After Record High of $128 on Halving Day

Bitcoin Transaction Fees Plummet to Single Digits After Record High of $128 on Halving Day

Bitcoin transaction fees experienced a significant drop just one day after reaching an all-time high average of $128 on April 20, coinciding with the fourth Bitcoin halving. The preceding day had witnessed a remarkable surge in total fees, with Bitcoin recording $78.3 million in fees, surpassing Ethereum by over 24 times... Details

04/24/2024 12:51:41 pm
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Solana Price Prediction as $6.5 Billion Trading Volume Sends SOL Above $140 – Are Whales Buying?

Solana Price Prediction as $6.5 Billion Trading Volume Sends SOL Above $140 – Are Whales Buying?

With a significant 24-hour trading volume of $2.97 billion and a price surge to $151.34, Solana showcases robust market performance. This 5% increase over the last day has propelled Solana‘s market capitalization to approximately $67.62 billion, cementing its position as the fifth largest by market cap... Details

04/22/2024 12:34:41 pm
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Bitcoin Price Prediction as ‘Bitcoin Halving’ Executes Successfully – Will a New Bull Market Start Now?

Bitcoin Price Prediction as ‘Bitcoin Halving’ Executes Successfully – Will a New Bull Market Start Now?

Bitcoin, currently trading at $63,999 with a 3.50% increase post-halving, introduces a supply squeeze that might kickstart a new bull market. While the halving aims to increase scarcity and potentially boost prices, the immediate market reaction has been subdued, with Bitcoin stabilizing around $64,000... Details

04/21/2024 10:54:54 am
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Bitcoin’s Fourth Halving Imminent: Less Than 100 Blocks Away – Here’s What Happens Next

Bitcoin’s Fourth Halving Imminent: Less Than 100 Blocks Away – Here’s What Happens Next

Bitcoin’s fourth halving event is imminent and occured just after midnight UTC on April 20, which will reduce the block subsidy reward for miners from 6.25 BTC to 3.125 BTC per block, potentially impacting the cryptocurrency’s price and mining operations. Bitcoin halvings occur automatically every 210,000 blocks or approximately every four years... Details

04/20/2024 10:04:41 am
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Asset Manager Bitwise Says Market Underestimates Long-Term Impact of Halving

Asset Manager Bitwise Says Market Underestimates Long-Term Impact of Halving

Bitwise Asset Management has issued a word of caution ahead of Bitcoin’s highly anticipated halving, which is set to occur on April 20. According to Bitwise, while the month immediately following the halving typically sees a modest drop in price, the subsequent year often witnesses exponential gains... Details

04/19/2024 08:26:41 am
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BTC Bears Eye Break Below $60,000 as ETF Flows Slow, Macro Headwinds Grow – Here’s Where the Bitcoin Price is Headed Next

BTC Bears Eye Break Below $60,000 as ETF Flows Slow, Macro Headwinds Grow – Here’s Where the Bitcoin Price is Headed Next

Bitcoin (BTC) bears are eyeing a break below the key psychological $60,000 level, with ETF flows having slowed this week and macro headwinds continuing to pile up. Some are even predicting that the Bitcoin price could be headed towards $50,000 next... Details

04/19/2024 07:00:41 am
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