Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $ 2, with current onchain fees at 15.5 satoshis per virtual byte (sat/vB), translating to $ 1.54 per transfer. Bitcoin Fees Hit 10-Month Low Onchain Bitcoin fees have fallen to levels not seen since October 2023, spanning more than …
Germany’s Bitcoin Wallet Dips Below 40,000 BTC After Weekend Transfer
Germany has divested 1,400 bitcoin from its government reserves, reducing the total from 41,226 BTC to 39,826 BTC. Meanwhile, bitcoin has declined 1.7% against the U.S. dollar over the past 24 hours, hovering just above the $ 57,000 mark. Germany Reduces Bitcoin Holdings to 39,826 Bitcoin This weekend, the German government’s wallet transferred another …
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $ 1 trillion mark. If bitcoin’s value drops by $ 110 billion, it will hit a low not seen since late February 2024. Bitcoin Market Cap Teeters on $ 1 Trillion Mark Bitcoin (BTC) has experienced a …
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
Bitcoin Miners’ June Revenue Dips Slightly Below May
The revenue generated by bitcoin miners slightly declined in June, totaling $ 963.67 million, down from May’s $ 964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $ 57 per PH/s to the current $ 48. Bitcoin Miners’ Hashprice and Revenue …