Generative Data Intelligence

Tag: Average Fee

Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee...

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What Is Ethereum Classic (ETC)? | A Guide to the Original Ethereum Blockchain

Ethereum Classic is the original Ethereum blockchain and allows for the implementation of decentralized applications and smart contracts. The project was born out of...

3 reasons why Ethereum price can’t break $2K

The price of Ethereum's native token, Ether (ETH), has gained around 35% so far in 2023. But its attempts to break above $2,000, a...

Bitcoin, Ether fall with Toncoin leading losses in top 10

Bitcoin continued to fall in Monday afternoon trade in Asia, along with Ether and all other top 10 non-stablecoin cryptos, except Tron. Toncoin was...

Bitcoin, Ether drop; top cryptos retreat with Toncoin leading losers

Bitcoin fell Monday morning in Asia to trade below US$26,300. Ether also dipped and remained below the US$1,600 mark. All other top 10 non-stablecoin...

Ethereum Turns Inflationary as Gas Fees Plummet to 2023 Lows – Decrypt

Ethereum transaction fees have slipped toward 2022 lows, data from Coin Metrics shows, amid a drop in on-chain activity from NFT sales, meme coin...

SEC’s Ruling for Grayscale Opens a New Fee Battle for ETFs

In a decision by the Securities and Exchange Commission (SEC), Grayscale Investments LLC has won the right to convert its hefty $17 billion Bitcoin...

Stuck in the Middle

Executive SummaryBitcoin prices are consolidating around the $30k mid-point of the 2021-23 cycle, with YTD price performance remaining historically strong.Inscriptions have cooled off significantly...

How Spot Bitcoin ETFs Will Change Crypto Trading – CryptoInfoNet

Bitcoin ETFs are set to shake up crypto marketsgettyEven as bitcoin holds around $30,000, and other cryptoassets seem to be trading in cautiously optimistic...

Is Tether unmoored — or doing just fine?

In this issueTether: Trouble ahead?Litecoin: Heavy hitterChina: Breaks for blockchainFrom the Editor’s DeskDear Reader,Cryptocurrencies have long been derided by skeptics as a “bubble,” but...

A Bitcoin Blockspace Boom

This week saw an explosion in demand for Bitcoin blockspace, as speculative interest in minting tokens, issued via text file inscriptions, pushed fees through...

BTC Miners Receive Revenue Boost Following High Network Demand

Glassnode posted a thread regarding Bitcoin’s network fees over the weekend. According to the tweet, BTC miners received a revenue boost following high network...

Overseas crypto transfers cost 96.7% less than traditional system: Coinbase

Americans spend more than US$12 billion in remittance fees each year when sending money to family and friends living overseas using the traditional financial...

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