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Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows

This week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the…

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Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days

Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the…

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Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer

26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees…

Continue ReadingEthereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer

Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper

Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on September 15, the blockchain network’s transaction fees have been much lower than they were ten days before The Merge. Roughly…

Continue ReadingEthereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper

Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel

With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on…

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For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020

In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one…

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While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low

While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine…

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Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity…

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Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The…

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After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks

Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion.…

Continue ReadingAfter the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks