Bitcoin fees top Ethereum for 3 days in a row as halving approaches

For the past three days in a row, Bitcoin’s transaction fees have exceeded Ethereum’s, with miner and trader activity picking up ahead of Bitcoin’s upcoming halving event. Additionally, the emergence of Runes on Bitcoin has had a smaller impact on this trend. On April 17, Bitcoin miners earned approximately $7.47 million in fees, which is … Read more

Bitcoin hodlers moved $1.7B into ‘accumulation’ wallets during the BTC dip

On a day when Bitcoin’s price dipped under $63,000, dedicated Bitcoin investors bought an impressive amount – around $1.7 billion – and deposited it into “storage” wallets. Approximately 27,700 Bitcoins, equal to around $1.75 billion based on current market values, were transferred to Bitcoin wallets used for long-term storage during the span of one day … Read more

Ethereum liquid restaking drove DeFi TVL to $100B in first quarter

In the opening quarters of this year, the total value locked in decentralized finance experienced a near-doubling increase compared to the last three months, as per recent studies. This growth can be attributed in part to Ethereum’s liquid staking initiatives. The total value locked in Decentralized Finance (DeFi) saw a significant jump from a low … Read more

Ethereum on track for $1B annual profit as DeFi drives Q1 revenue

Ethereum’s blockchain network is projected to generate approximately $1 billion in annual earnings, following a profitable Q1 with revenues amounting to $365 million. This success is coupled with a substantial increase of 155% compared to the same quarter last year. According to a report by The DeFI Report’s analyst Michael Nadeau released on April 17, … Read more