PRESS RELEASE. January 5, 2024, Miami, Florida – Today, PropyKeys, a new gamified application, part of Propy ecosystem, introduces a home addresses market onchain. It is a decentralized application (dApp) game, powered by the PRO token and launched on Base, a layer-2 network operating on top of Ethereum and part of the Coinbase ecosystem. Participants […]
December 2023 Sees Record Bitcoin Mining Revenue: $1.51 Billion Amassed With Soaring Onchain Fees
In December, bitcoin miners garnered the highest monthly revenue of the year, amassing $ 1.51 billion. Additionally, this month marked a record in fee collection, with miners securing $ 324.83 million in onchain transaction fees. Bitcoin Miners Smash Records — Highest Monthly Haul of $ 1.51 Billion in December 2023 December 2023 …
Bitcoin’s $30K Floor — Willy Woo’s Onchain Analysis Predicts Enduring Stability Above Threshold
On November 21, 2023, the popular onchain analyst Willy Woo presented a detailed chart showcasing the cost basis density map of bitcoin. This analysis delves into BTC’s pricing history and transactional data, pinpointing critical areas of price stabilization and potential zones of support. In discussing the chart, Woo remarked that if the current pattern continues […]
Ethereum Transaction Fees Climb 219% in 3 Weeks as Onchain Crypto Transfers Become Pricier
Over the last three weeks, the transaction costs for bitcoin (BTC) have climbed sharply, reaching a peak of $ 15 per transfer just three days ago. Similarly, the cost to transfer ethereum (ETH) has jumped significantly. In the span from October 22 to November 12, 2023, the average fee for ethereum transactions soared by …
Ethereum Inflation Rises as Onchain Activity Declines; $35.31M Added in 17 Days
Ethereum’s shift from a deflationary to an inflationary model has witnessed a 0.178% uptick in the last 17 days. During this period, the network added 22,502 ether, valued at $ 35.31 million, to its total supply. Ethereum’s Growing Inflation Fueled by Onchain Downturn Previously, Ethereum maintained a deflationary stance, primarily due to the London …