March 18 Bitfinex Alpha | Bitcoin ETF inflows are moderate, but altcoins are not losing their luster Post time: 14:02h On Bitfinex Alpha Maria Lobusova subscribeTo Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? subscribe Since hitting an all-time high of $73,666 on March 14, Bitcoin has fallen more than 12.5%, one of the biggest price drops since the launch of the spot Bitcoin ETF in early January. The Spot Bitcoin ETF saw unprecedented inflows, surpassing $1 billion in one day last week, but the market recently paused as flows stabilized. After the initial enthusiasm we have seen,…
Author: Crypto Flexs
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A 71-year-old digital artist from India fell victim to scammers posing as NFT art dealers. According to local reports, Shivaprasad R (name changed), a practicing Chartered Accountant (CA), lost INR 1.58 lakhs (about $1895) in fees to scammers who promised to buy his art. Shivaprasad is a professional artist whose work has been featured in several local exhibitions and posted on Instagram and Facebook. In October 2023, scammers introduced artists to a platform called nfttradeplace.com, claiming to be ‘NFT art dealers’. The scammer told the victim that he wanted to buy his painting for 42 ETH, or INR 1.09 billion,…
Analysts at research and brokerage firm Bernstein said: bitcoin BTC +0.75% We are experiencing a “DeFi summer” moment as the new Runes token standard helps spark record daily miner rewards and transaction fees.“Bitcoin is no longer a ‘plain vanilla’ blockchain where nothing happens other than simply ‘HODLing’ BTC,” Gautam Chhugani and Mahika Sapra wrote in a note to clients on Monday. “Bitcoin is experiencing a ‘Defi summer’ like the moment Ethereum experienced in 2020. “This moment saw the launch of several decentralized apps and tokens on the Ethereum blockchain, resulting in a surge in liquidity and transaction fees.”Bitcoin’s fourth halving…
According to the report, miners’ total revenue is now about three times its pre-halving level, or about 22 bitcoins compared to 7 bitcoins previously. Bernstein said daily revenue exceeded $100 million and generated about $80 million more in trading fees, which he said was clearly unusual.
The worlds of cryptocurrency and boxing are set to converge on April 24, 2024, as the first Ready to Fight (RTF) boxing token is listed on a major cryptocurrency exchange. The sale is scheduled to begin at 10:30 UTC, marking an important milestone for the innovative SocialFi project founded by Oleksandr Usyk and Sergey Lapin. TLDR On April 24, 2024, the Ready to Fight (RTF) boxing token will be listed on major cryptocurrency exchanges, including WhiteBIT. Ready To Fight is a SocialFi project that combines social networks and decentralized finance to help creators monetize their content. The project was founded…
According to data from leading analytics platform Glassnode, Bitcoin miners discovered a gold mine that earned them an incredible $107 million. This unprecedented windfall accumulated on April 20 highlights a significant shift in the revenue dynamics of Bitcoin mining operations. The sharp rise in transaction fees serves as a harbinger of the evolving economic landscape for Bitcoin mining. As networks adapt to new market demands and technological advancements, transaction fees have emerged as an important source of revenue for miners. This trend is particularly noteworthy considering the scheduled decrease in block rewards, which highlights the resilience and adaptability of Bitcoin’s…
Transaction costs for Bitcoin, the world’s most popular cryptocurrency, have fallen significantly after hitting an all-time high. This decline following the Bitcoin halving caught the attention of the cryptocurrency community. Let’s take a look at the specifics of this development. Bitcoin Transaction Fees Plunge: The average fee for a Bitcoin transaction fell significantly a day after hitting an all-time high of $128 on April 20. As of April 21, the average fee for a medium priority transaction was $8 to $10. The price cut is a welcome development for Bitcoin users who previously felt burdened…
The price of DOGE has fallen more than 1% in the last 24 hours. In DOGE, most indicators and indicators looked optimistic. Memecoins began its upward trend the next day. Bitcoin (BTC) Cut it in half and you could post double-digit profits. but, Dogecoin (DOGE)the world’s largest memecoin, has not been able to demonstrate this performance as it has remained relatively dormant. Dogecoin is less volatile According to CoinMarketCap, the price of Dogecoin has moved only slightly over the past seven days. In fact, its value has actually fallen by more than 1% in the last 24 hours. At the…
Does it work like this? No really. generateblock This is a test-only RPC that actually mines blocks using the internal CPU miner, and does not create block templates. So it has absolutely nothing to do with this. There are basically two ways to insert a transaction: Miners put transactions into their mempool (and possibly broadcast them) using: sendrawtransaction. Then they use prioritisetransaction Artificially sets the transaction fee to appear in the generated block template. getblocktemplate. They are using some external block template generator that does the insertion itself. The software can be started with a block template created by: getblocktemplateHowever,…
Bitcoin transaction fees initially faced a short-term spike following the halving, but the network’s transaction fees have now stabilized. The post Bitcoin transaction fees stabilizing after 4th halving appeared first on Crypto Briefing.