Bitcoin

The portion of Bitcoin miner revenue coming from transaction fees has fallen significantly after surging on the day of the last halving event. A CryptoQuant report revealed that transaction fees now represent 35% of total miner revenue, a significant decline from the 75% recorded on April 19. Transaction Fees Surge During Halving The fourth Bitcoin halving, which took place last Friday, slashed miner block rewards by half to 3.125 bitcoins (BTC), resulting in daily issuance falling from an average of…

Ethena (ENA) recorded notable rebounds to price levels previously traded. Meanwhile, market players are curious whether this is the best market condition to ape into the new ICO coin Borroe Finance ($ROE). Let’s find out what’s going on with these top crypto coins. Bitcoin Cash Open Interest Diminishes As Price Leaped Early in April, specifically on the fourth day of the month, Bitcoin Cash (BCH) had its second halving, a landmark event in the history of the flagship crypto’s fork. …

According to the latest on-chain revelation, the Bitcoin network has been experiencing a steady decline in high-value transactions over the last few weeks. This sluggish activity has been mirrored by the price of the premier cryptocurrency, which has struggled to break out of consolidation throughout the month of April. In the past week, the Bitcoin price struggled to hold above $67,000 despite touching the level multiple times. The price of BTC has since been in a tumble and is down…

A piece of notebook paper featuring the phrase “Buy Bitcoin,” famously seen in the background during a broadcast featuring then-United States Federal Reserve Chair Janet Yellen in 2017, has been sold for 16 BTC, equivalent to approximately $1.027 million. The auction, held at PubKey, a Bitcoin-themed bar in New York City, was organized and facilitated by the auction house Scarce.City. Iconic “Buy Bitcoin” Sign Sold in Auction The highest bidder, known pseudonymously as “Squirrekkywrath,” acquired the sign in a week-long…

Bitcoin’s price actions were quite bearish for the past few days once again as the asset fell to $62,300 yesterday but managed to regain almost two grand since then. The altcoins have also turned green today, with ETH jumping above $3,300 and SOL reclaiming the $140 level. BTC Challenges $64K It was just over a week ago when BTC went through its fourth halving, slashing the block rewards by half for the miners. At the time, the asset’s price had…

Crypto expert Peter Brandt has boldly claimed that the Bitcoin top for this market cycle may already be in. He made this conclusion based on his “exponential decay” thesis, which he noted may actually be good for the Bitcoin ecosystem. Why Bitcoin’s Price Has Topped Brandt explained that historical data suggests that Bitcoin’s price has topped. He further alluded to an “exponential decay,” which he noted could be used to describe Bitcoin. Brandt’s exponential decay thesis is based on the…

Bitcoin slips from $64k to $62k at press time amid a daily total net outflow of $217 million of the US listed Exchange Traded Funds (ETFs).  An analyst believes that there could be a bearish extension that could send the BTC price to as low as $59k once it falls below $63.3k.  The Bitcoin (BTC) price has remained relatively stable after the halving event, holding strongly above $60k and rotating within the $62k-67k amid the unprecedented outflows of the three-month-old…

The post Bitcoin Runes Are On Fire Post-Halving–AI Meme Token $WAI Raises A Quarter Million appeared first on Coinpedia Fintech News The halving has officially brought the much-anticipated pump that many traders believe it would. Not only are the top cryptos exploding, but so are altcoins, AI tokens, and meme coins. Leading this charge is a new protocol, Bitcoin Runes–and WienerAI ($WAI) seems to be riding this wave of new tech. What Are Bitcoin Runes? Why Are They Pumping? As…

The post Bitcoin, Ethereum, And XRP Price Prediction: Will Bulls Make A Comeback This Week? appeared first on Coinpedia Fintech News Despite increased price volatility in the cryptocurrency industry post-Bitcoin-Halving, the top tokens constantly display a neutral sentiment in their respective charts, indicating uncertainty in the market’s future course. Moreover, the mid-cap and low-cap altcoins have experienced the highest gains since Halving, highlighting a high possibility of a switch of investor’s interest toward other projects to maximize their profits. With…