Bitcoin transaction fees are experiencing a significant surge, hitting a 20-month high as BTC transfer costs soar. According to recent on-chain transaction data from BitInfoCharts, the average transaction fee as of December 17 stands at around $40. This surge follows a recent wave of Bitcoin on-chain activity that has resulted in higher transaction fees for all network users. The average cost to send BTC on-chain currently exceeds $37, the highest since April 2021.The debate over high Bitcoin fees: inevitable or temporary?Increasing Bitcoin transaction fees have sparked debate within the cryptocurrency community. Some argue that these high fees are inevitable given…
Author: Crypto Flexs
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The launch of a spot Bitcoin exchange-traded fund (ETF) is the subject of active discussion between the U.S. Securities and Exchange Commission (SEC) and a number of asset managers, most notably large investment firm BlackRock. This move could mark a major turning point in the acceptance of cryptocurrencies in traditional financial markets. Representatives from Chairman Gary Gensler’s office attended a recent discussion held by the SEC with asset managers considering creating a spot Bitcoin ETF in the United States. Representatives from BlackRock met with the SEC on December 14 to discuss proposed rule changes that would allow trading of cryptocurrency…
reporter Posted on: December 18, 2023 Over the weekend, BTC fell to $41,158 and ETH fell below $2,200. The market was expected to move sideways until the end of the year. Cryptocurrency trading activity cooled over the last non-holiday weekend of the year, the first possible sign that a 2023 peak may have been reached and the market will remain sideways until 2024. Over the weekend, Bitcoin (BTC), the world’s largest cryptocurrency, fell below $42,000. The decline has accelerated over the past 24 hours, with BTC falling to $41,158 as of this writing, AMBCrypto discovered using data from CoinMarketCap. Ethereum…
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COIN, MSTR, HOOD and cryptocurrency mining stocks MARA and RIOT are down during pre-market today, with Bitcoin price below $41,000. Bitcoin price fell today. The leading cryptocurrency asset fell below $41,000 this morning. Free Market’s major cryptocurrency stocks are also in the red zone. Coinbase Global Inc (NASDAQ: COIN) is down 3% and trading at around $143. MicroStrategy Inc (NASDAQ: MSTR) shares are trading at $551, down more than 3%. Marathon Digital Holdings Inc (NASDAQ: MARA) is trading around $17, which means it’s already down more than 5% today. Riot Platforms Inc (NASDAQ: RIOT) also fell. The loss rate is…
Cryptocurrency funds from asset managers such as CoinShares, Bitwise, Grayscale, ProShares and 21Shares ended 11 weeks of inflows last week, recording net outflows of $16 million, according to CoinShares’ latest report.Bitcoin BTC -2.15% Fund-based funds dominated last week, recording outflows of $32.8 million, while short-term Bitcoin investment products also recorded outflows of $300,000. However, deal activity remained above average, totaling $3.6 billion last week compared to the annual average of $1.6 billion.The outflow coincided with a decline in the price of Bitcoin last week, sending it down about 5%, ending an eight-week streak of weekly gains. Bitcoin is currently trading…
Cryptocurrency exchange Changelly has published an updated forecast for the price of XRP almost a decade from now. The price of the new prediction is significantly different from the previous prediction and this time the prediction includes when the XRP price crosses $10. XRP price will exceed $10 by 2030 XRP community members are very optimistic that the price of In fact, we expect a lot of growth in cryptocurrency exchanges over the next few years, but double-digit growth seems unlikely. The cryptocurrency exchange expects the price of Growth is expected to continue over the next few years, reaching $5…
Considering the fact that Taiwan is preparing for a presidential election on January 13, 2024, important advice has been given to Taiwanese citizens regarding cryptocurrency betting. Authorities in Taiwan have launched a thorough investigation into the use of cryptocurrency platforms to bet on the outcome of the presidential election. The investigation revealed the ethical and legal considerations associated with such actions. There is significant concern among Taiwanese authorities regarding the use of Bitcoin betting websites. In the heat of excitement surrounding the upcoming election, we are sending this notice to discourage local residents from engaging in gambling activities that may…
The Solana memecoin craze continues as a trader turned $226,000 into well over $1.6 million by gambling on the token using a beanie-wearing dog as its mascot. Between December 13 and 15, a cryptocurrency trader purchased over 19 million tokens of Dogwifhat (WIF), a dog-themed memecoin, when it hit the market on the Solana network. Traders bought the token at an average price of $0.01137, according to blockchain analytics firm Lookonchain. The total value of tokens currently stands at around $1.69 million, giving traders a profit of around $1.47 million within 5 days. thanks to the token $WIFThis trader turned…
If you’re not Australian, we wouldn’t blame you for asking what an emu is. Simply put, it is similar to an ostrich, but slightly smaller. They can grow up to 6 feet tall and can run at speeds of over 30 miles per hour for short periods of time. Obviously there have been very few fatal collisions with humans, but they are still terrifying-looking animals. Help Australians avoid emus in Blue Guru’s Aussies VS Emus slot. hunt emu Aussies VS Emus slot works on cluster payouts. This means that if 5 or more identical symbols connect vertically or horizontally, you…