Mempool

Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise

September 24, 2024 Bitcoin.com

bitcoin.com

Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer reached 0.0027 ETH ($7.06) on Tuesday morning. Ethereum Users […]

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Kraken adds 15 new margin collateral currencies

Bitcoin and Ethereum Fee Drop: The Perfect Time for Cost-Effective Transactions

September 14, 2024 Bitcoin.com

Bitcoin

Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased. With costs now sitting at notable lows, it could be the perfect moment to fine-tune transaction expenses for certain activities or even gather unspent transaction […]

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Kraken adds 15 new margin collateral currencies

Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting

August 22, 2024 Bitcoin.com

Babylon Labs

On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to 625 sat/vB or $53.26 per transaction. Bitcoin Miners Rejoice as Fees Hit $105 The […]

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Kraken adds 15 new margin collateral currencies

Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days

July 14, 2024 Bitcoin.com

Average Fee

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 250 days. Over the […]

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Kraken adds 15 new margin collateral currencies

Onchain Fees for Bitcoin Drop to Six-Month Low

May 24, 2024 Bitcoin.com

Bitcoin

Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows Not Seen Since November 2023 Transferring BTC onchain is now […]

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Kraken adds 15 new margin collateral currencies

El Salvador Enhances Bitcoin Treasury Transparency With Launch of Dedicated Mempool Space

May 13, 2024 Bitcoin.com

bitcoin treasury

In a significant move towards transparency, El Salvador’s National Bitcoin Office (ONBTC) has announced the launch of its own mempool space. This development allows anyone to view the country’s bitcoin treasury holdings. The initiative is supported by Mempool, which revealed it has provided a custom instance of The Mempool Open Source Project for the ONBTC. […]

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Kraken adds 15 new margin collateral currencies

Bitcoin Halving, Runes Proliferation Results in Historic Fee Increases, Crypto Community Reacts

April 20, 2024 Bitcoin.com

Bitcoin Fees

Following the Bitcoin halving event, onchain fees climbed to over $240 per transaction just an hour later, and as of now, a high-priority transfer costs between $52 and $78 per transaction at 10:30 a.m. Eastern Time on Saturday. The increasing fees have prompted a flood of comments from individuals in the crypto space, as this […]

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Kraken adds 15 new margin collateral currencies

Bitcoin Miners Smash Previous Revenue Records Post-Halving; Over $54M Collected in 60 Blocks

April 20, 2024 Bitcoin.com

Bitcoin Fees

Since the halving, 63 blocks have been mined, and bitcoin miners have accumulated substantial fees following a dramatic increase in the fee rate. This surge took the cost per transaction from $18 to over $245, recorded at 9:00 p.m. EDT on Friday evening. Since then fees have dropped and by Saturday morning at 7:30 a.m. […]

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Kraken adds 15 new margin collateral currencies

After Halving Event, Bitcoin Transaction Fees Soar to Over $240

April 20, 2024 Bitcoin.com

Bitcoin Fees

Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments, and block 840,004 accumulated 24 bitcoins in fees valued at over $1.5 million. Bitcoin Transaction Fees Skyrocket Above $240 […]

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Kraken adds 15 new margin collateral currencies

Transaction Fees Soar on Bitcoin Network as Network Braces for Halving

April 18, 2024 Bitcoin.com

Bitcoin (BTC)

According to recent data, bitcoin transaction fees have significantly increased since the first week of April. Metrics show that the average fee has escalated to 133 satoshis per virtual byte or $19.48 per transaction. Bitcoin Fees Climb Steadily as Runes Protocol Launch Nears The cost of sending bitcoin (BTC) onchain is climbing, with the halving […]

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Kraken adds 15 new margin collateral currencies