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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

Last updated: April 22, 2024 02:29 EDT | 2 min read 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.  As of April 21, the average fees for medium-priority transactions on the Bitcoin network fell to a […]

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Coinbase’s Base Transaction Volume Surpasses $1.6B: ‘Base Spring Ahead’?

Coinbase’s Base Transaction Volume Surpasses $1.6B: ‘Base Spring Ahead’?

Coinbase’s Layer 2 network – Base – has been dominating the L2 landscape. March has been particularly lucrative for the scaling solution gaining significant traction as a result of increased meme coin frenzy as well as airdrops in recent weeks. With approximately 890,000 daily active addresses, Base has yet again taken the lead, indicating a significant

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BTC Transaction Fees Are 16x Higher Since Bitcoin ETF Mania Began

BTC Transaction Fees Are 16x Higher Since Bitcoin ETF Mania Began

Users of Bitcoin’s blockchain payments network have seen transaction fees explode since October. Meanwhile, the oldest cryptocurrency’s main rival, Ethereum, is also seeing sky-high fees. According to blockchain data service CryptoRank from earlier this week, ETH gas fees across the network averaged $20 to bridge assets, $60 to make a token swap and $110 to

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