On Saturday, Dec. 16, 2023, Bitcoin’s transaction fees spike to a high of $ 40 per transaction at 1:48 p.m. Eastern Time. The jump in onchain fees surpassed the high reached on May 8, 2023, when the average transfer cost topped $ 31 per transfer. Skyrocketing Bitcoin Fees Surpass $ 40 Bitcoin …
NFT Sales Soar to Over $500M; Bitcoin Leads With Unprecedented Growth
Sales of non-fungible tokens (NFTs) have surged by 52.81% over the past week, reaching a total of $ 503.35 million. Bitcoin has emerged as the frontrunner in this week’s NFT market, generating $ 276.79 million in sales, surpassing Ethereum’s $ 99.67 million, which previously held the top spot. Bitcoin Once Again Outperforms …
Cardano and Avalanche Soar, Outperforming Top 20 Cryptos in Weekly Surge
Market statistics indicate that two specific crypto assets among the top 20 in market capitalization, avalanche and cardano, have experienced substantial gains this past week. Avalanche has surged 48.7% and cardano has increased by 50.4% against the U.S. dollar in the previous seven days. Top Performers of the Week: Cardano and Avalanche Record Substantial Rises […]
This Week’s Crypto Snapshot: TIA and YFI Soar; GAS, TRB, MKR Struggle
Thursday, November 16, 2023, marks a steady phase in the crypto economy, maintaining a value of $ 1.4 trillion with a modest increase of 0.44% in the last 24 hours. Concurrently, despite the seven-day downturn experienced by both bitcoin and ethereum this week, a notable 39 cryptocurrencies have achieved double-digit growth. Notably, celestia (TIA) …
Bitcoin Ordinal Inscriptions Defy Downturn, Embark on Resurgence as Daily Counts Soar
Over the weekend, the cumulative count of Ordinal inscriptions briskly surpassed the 36 million milestone, signaling a departure from the month-long downturn in daily onchain inscription issuances. While the staggering peaks of early September still remain unreached, a discernible resurgence has unfolded since October 25, with daily inscriptions once more eclipsing the 100,000 benchmark. From […]