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Ethereum Fees Crash to 5-Year Low — Just $0.17 Per Transfer. Is Mass Adoption Next?

Ethereum transaction fees have plunged to a five-year low at $0.17 per transfer, reflecting a lull in network activity and sparking speculation that this accessible environment could pave the way for renewed adoption and future price rebounds.

, by Hassan Shittu

Bitcoin Trader Mistakenly Burns Nearly $60K in Fees Due to Wallet Error

A Bitcoin trader mistakenly paid nearly $60,000 in transaction fees due to a botched replace-by-fee attempt, highlighting the risks and complexities of using Bitcoin's RBF feature.

, by Hassan Shittu

Blockchain News

Rootstock Reveals Three Major Upgrades, 60% Lower Transaction Fees

Rootstock, a Bitcoin sidechain for smart contracts, announced a major three-pronged upgrade that boosts its scalability, security, and decentralization.

, by Sead Fadilpašić

Ethereum Transaction Fees Drop to $0.41, Signaling Positive Long-Term Price Outlook: Santiment

Ethereum's transaction fees have plummeted to their lowest level since late August, averaging just $0.41 per transfer.

, by Ruholamin Haqshanas

Bitcoin Transaction Fees Surge 10x Amid Network Demand Spike

Bitcoin transaction fees skyrocketed on August 22, with the average cost per transaction surging by a staggering 937.7%.

, by Ruholamin Haqshanas

Ethereum Earns $2.728 Billion in 1-Year Fee Income, Bitcoin Follows with $1.302 Billion

Ethereum has emerged as the leading blockchain in terms of fee revenue, generating a staggering $2.728 billion over the past year.

, by Ruholamin Haqshanas

Expert Insights: Low Ethereum Gas Fees Are Beneficial, But Not for Everyone

The gas fees on Ethereum, the world’s second-largest blockchain by market cap, fell significantly following its recent massive upgrade. Cryptonews spoke with experts about the key factors contributing to the fee decrease, how sustainable the trend is, and its impact on users, the ETH...

, by Sead Fadilpašić

Crypto Betting App CoinPoker Follows Rollbit With Zero Withdrawal Fees Trend

Crypto betting app CoinPoker has announced it has removed all withdrawal fees on its platform, with only blockchain network fees now applying when users cash out their winnings. This puts CoinPoker in line with other online gambling sites, such as Rollbit, and it could end up being something that...

, by Simon Chandler

Bitcoin Users Spend Record $2.4M in Fees to Be a Part of Bitcoin Halving History

Investors spent more than 37.7 Bitcoin in fees to claim their spot on the 2024 halving Block, making it the most expensive block ever mined.

, by Harvey Hunter

VanEck Slashes Bitcoin ETF Fees to Zero

Global asset manager VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust, down to zero until March 31 next year. VanEck posted on the social media platform X, "Because we believe in #bitcoin so much, starting tomorrow, you can invest in VanEck Bitcoin...

, by Tanzeel Akhtar

VanEck Slashes Bitcoin ETF Fees Down to 0.20% in Competitive Market

VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust down to 0.20% from 0.25% according to a recent filing submitted to the Securities and Exchange Commission. Nearly a dozen Bitcoin ETFs are competing for investor attention in a saturated market....

, by Tanzeel Akhtar

Immutable Eliminates Fees in zkEVM Gaming Solution + More News

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Immutable Eliminates Fees in Next-Gen zkEVM Gaming Solution Lufthansa Loyalty Program Onboards New Partners Via...

, by Sead Fadilpašić

Today in Crypto: Toniq Launches ‘First Ordinals-Specific NFT Marketplace Built on Bitcoin L2’, Neobank Brighty Reveals European B2B Platform Brighty Business

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ NFT news Toniq, a company building professional tools and services on the decentralized web, today announced the launch of the...

, by Sead Fadilpašić

Bitcoin and Ethereum Networks See Heightened Fees as Crypto Usage Soars

Bitcoin (BTC) and Ethereum (ETH) networks have experienced a dramatic surge in transaction fees amid soaring crypto usage. According to data by BitInfoCharts, the average BTC transaction fee currently stands at around $10, up by more than 500% compared to less than $2 earlier this...

, by Ruholamin Haqshanas

Today in Crypto: Sino-US Bitcoin ASIC War May Be Starting, Neon EVM Testing Alternative Gas Payments

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news We may be witnessing the start of a Sino-US bitcoin silicon war, according to the latest Miner Weekly report by BlocksBridge...

, by Sead Fadilpašić

Is It Time To Begin Talking Seriously About Bitcoin Tail Emissions?

Source: AdobeStock / miomio13 It’s almost a truism that Bitcoin (BTC)’s major selling point is its hard supply cap, limiting its total possible circulation to BTC 21 million. However, contrary to this received wisdom, there seems to be a growing chorus of people who worry that...

, by Simon Chandler

Coinbase Boss Says Transaction Fee-based Revenue Model Won’t Work Long-term

Brian Armstrong. Source: a video screenshot, CNBC / YouTube The crypto exchange giant Coinbase wants to ditch its reliance on transaction fees as its main source of income – and is concerned that the fees that traders pay when they exchange tokens cannot provide a sustainable form of...

Bitstamp Drops Inactivity Fee Following Massive Backlash From Community

Source: AdobeStock / pressmaster Luxembourg-based crypto exchange Bitstamp has abandoned plans to charge a monthly fee on inactive users with low balances after massive backlash from the community.The exchange announced today that they are scrapping the idea, saying: "After listening to...

, by Ruholamin Haqshanas

Ethereum Transaction Fees Dip to Lowest Since December 2020, Bitcoin Fees Relatively Stable

Source: AdobeStock / Dennis The depressed state of the crypto market has also taken its toll on transaction fees, with Ethereum (ETH) fees now finally coming down to lows not seen since December 2020 -- while Bitcoin (BTC) fees remained around the same low level they have been at for the past...

, by Fredrik Vold

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