Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,399,169,394,324.12
  • 24h Vol: $53,361,005,239.12
  • BTC Dominance: 56.62%

Fees

ethereum-network’s-rising-gas-fees-in-2023:-a-balancing-act-of-growth-and-cost

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

Leave a Comment / 1.06 million transactions, 212743 transfers, 689511 transactions, 87.67% lower, 92.19% decrease, Arbitrum, Average Fee, Bitcoin, Bitinfocharts.com, cost to transfer, Crypto Hacked, Cryptocurrency, decentralized exchange, Demand, dex swap, Dune Analytics, Dune Analytics data, ERC20 token, ETH, ETH fees, Ether fees, Ethereum, Ethereum (ETH), Ethereum cost, Ethereum Network, Ethereum scaling solution, Fees, gas fees, growth, hindrance, increase, L2 scaling network, Median Fee, News, number of transactions, onchain cost, Opensea, Optimism, Token value, transaction cost, transactions, transfer, transfer cost, transfer fee, USDC, USDT / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As the demand for Ethereum’s capabilities continues to soar, […]

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost Read More »

meet-ordinals,-the-new-bitcoin-nft-engine,-and-the-drama-surrounding-them

Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them

Leave a Comment / Adam Back, Bitcoin, Blockchain, controversy, Crypto Hacked, Cryptocurrency, Dan Held, Ethereum, Featured, Fees, inscriptions, Luke Dashjr, NFTs, Non-fungible tokens, ordinals, Taproot / / / , , , , , , , , , , , , ,

Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way in which Bitcoin’s blockchain should be used,

Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them Read More »

bridged-bitcoin-on-avalanche-surpasses-value-locked-on-the-lightning-network

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

Leave a Comment / alternative blockchain, alternative blockchains, alternative chain, Avalanche, Avalanche Blockchain, Avalanche network, AVAX, Binance Smart Chain, Bitcoin, Blockstream, BSC, BTC, BTCB, capacity, circulating, consensus mechanism, Crypto Hacked, Crypto Supporters, Cryptocurrency, Ethereum, Ethereum blockchain, Fees, finality, lightning network, liquid network, ln, networks, News, Ojrdev, Peg, RSK network, sidechains, snowtrace.io, Tokenized Bitcoin, tokenized bitcoins, Transaction Costs, TVL, WBTC, wrapped bitcoin / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins.

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network Read More »

objections-raised-over-appointment-of-sullivan-&-cromwell-as-debtors’-counsel-for-ftx

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX

Leave a Comment / 20 engagements, attorney, bankrupcty proceedings, Bankruptcy Case, bankruptcy judge, Bitcoin, chief restructuring officer, conflict, Conflict of Interest, counsel, court case, Crypto Hacked, Cryptocurrency, Customers, Daniel Friedberg, debtors' counsel, digital asset subjects, Enron, Ethereum, Fee payments, Fees, former FTX US compliance officer, ftx, general counsel, James "Metalawman" Murphy, John Dorsey, John J. Ray III, Lawyers, legal counsel, litigation firm, Metaverse Lawyer, New FTX CEO, News, Nishad Singh, ryne miller, S&C, Sam Bankman-Fried, sbf, Sullivan Cromwell, Twitter thread, Web3 attorney, Zoom presentation / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict of interest between former and current FTX executives and FTX

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX Read More »

ethereum-gas-fees-spike-as-eth-value-rises:-average-onchain-fees-jump-by-more-than-50%

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

Leave a Comment / Altcoins, Arbitrum, Average Fees, Bitcoin, Bitinfocharts, cost per transfer, crypto assets, Crypto Hacked, Cryptocurrency, data, Decentralized, DeFi, Demand, DEX, ERC20, ERC20 Tokens, ETH, Ethereum, Ethereum (ETH), Ethereum fees, Exchange, fee charts, Fees, Gas, gas costs, high-priority, L2, Market Capitalization, median-sized fees, Network costs, onchain transactions, Opensea, Optimism, second-largest crypto, swap, Transaction, transfers, U.S. dollar, uniswap, USDC, USDT, value rise / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50% Read More »