On April 21, the daily average Bitcoin transaction fees saw a significant drop following their peak of $128 the previous day during the fourth Bitcoin halving event. According to mempool.space, the average fee for sending medium-priority Bitcoin (BTC) transactions was around $8 to $10 as of April 21st. The day prior, Bitcoin processed a total … Read more
The altcoin market was performing well in the past five months, but the halving fears stalled it. The next such run could take a while to materialize, but will leave telltale signs. In the past month, the value of many alternative cryptocurrencies (altcoins) decreased significantly due to anxiety surrounding Bitcoin‘s (BTC) upcoming halving event. Crypto … Read more
Australia has the potential to produce more cryptocurrency companies valued at over a billion dollars, also known as unicorns, in the near future. However, this may not occur until there is greater regulatory certainty regarding cryptocurrencies, as expressed by Coinbase’s APAC managing director, John O’Loghlen. “In Canberra and on the busy streets, I believe policymakers … Read more
Ethereum sees more outflow but fewer new stakes. ETH continued its recovery post-BTC halving. Before Bitcoin‘s halving event took place, the prices of most altcoins slipped. However, post-halving, Ethereum bounced back significantly based on market analysis. However, the recovery of ETH staking remained elusive. Ethereum daily staking drops According to AMBCrypto’s analysis of Ethereum’s staking … Read more
Most validators on the network agreed to pass the 12094 and 12095 proposals LUNC’s price increased, but it was not part of the top tokens on traders’ radar. As the deadline to cast votes approaches for the Terra Classic [LUNC] community, there are indications that two fresh proposals may receive approval. Based on AMBCrypto’s report, … Read more
XRP’s value surged by nearly 4% in the last 24 hours. Most metrics and market indicators looked bullish. In the last several weeks, Ripple‘s [XRP] price has experienced numerous decreases, causing it to fall below important resistance levels. With the market now showing a bullish trend, there’s growing optimism that XRP could bounce back from … Read more