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Bitcoin fees top Ethereum for 3 days in a row as halving approaches

Transaction fees will play an important role in keeping Bitcoin miners afloat after the halving as the subsidy for mining a block is set to fall from 6.25 BTC to 3.125 BTC.

Fees on Bitcoin have surpassed Ethereum for three consecutive days as miners and traders prepare for the upcoming Bitcoin halving, and, to a lesser extent, the introduction of Runes on Bitcoin.

Bitcoin miners have cashed in $7.47 million in fees on April 17 — about $160,000 more than the $7.31 million paid to Ethereum stakers, according to Crypto Fees.

Bitcoin miners also raked in $9.98 million and $5.91 million across April 15 and 16 — beating out Ethereum stakers by $3.5 million and 1.1 million on those respective days.

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Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market Declines

Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market DeclinesThe past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick of 0.5%. Market Update: A Tough Week for Crypto With Few Standouts The landscape […]

Openseason Is a Thrilling Web3 Battle Royale

Slumping Memecoin Pepe Could Witness Nearly 50% Collapse, Warns Crypto Trader

Slumping Memecoin Pepe Could Witness Nearly 50% Collapse, Warns Crypto Trader

A popular crypto trader says that a slumping memecoin could witness a colossal move to the downside after violating a key support level.  Crypto analyst Ali Martinez tells his 57,700 followers on the social media platform X that the frog-themed meme asset Pepe (PEPE) is “preparing for its next move” amid its recent price woes. […]

The post Slumping Memecoin Pepe Could Witness Nearly 50% Collapse, Warns Crypto Trader appeared first on The Daily Hodl.

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Trader Predicts Big Surge for Bitcoin Ecosystem Altcoin and Two Additional Crypto Assets – Here Are His Targets

Trader Predicts Big Surge for Bitcoin Ecosystem Altcoin and Two Additional Crypto Assets – Here Are His Targets

A widely followed crypto trader believes that a trio of altcoins are gearing up for big moves to the upside. Pseudonymous analyst Kaleo tells his 620,300 followers on the social media platform X that he’s bullish on the native asset of ORDI (ORDI), a crypto project that aims to bring non-fungible token (NFT) capabilities to […]

The post Trader Predicts Big Surge for Bitcoin Ecosystem Altcoin and Two Additional Crypto Assets – Here Are His Targets appeared first on The Daily Hodl.

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Trader Updates Outlook on Ordinals Token That’s Surged Over 2,700% in Three Months, Warns Solana Could Go Lower

Trader Updates Outlook on Ordinals Token That’s Surged Over 2,700% in Three Months, Warns Solana Could Go Lower

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on the Bitcoin (BTC) ecosystem tokens over the medium term. The trader pseudonymously known as Altcoin Sherpa tells his 205,600 followers on the X social media platform that he expects Bitcoin Ordinals (ORDI), a protocol that allows text and images to be inscribed on […]

The post Trader Updates Outlook on Ordinals Token That’s Surged Over 2,700% in Three Months, Warns Solana Could Go Lower appeared first on The Daily Hodl.

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Analyst Shares Setups on Ordinals (ORDI), Stacks (STX) and One Altcoin That Could Go ‘Much Higher’ in Coming Months

Analyst Shares Setups on Ordinals (ORDI), Stacks (STX) and One Altcoin That Could Go ‘Much Higher’ in Coming Months

A widely followed crypto analyst is detailing his outlook on three altcoins, one of which he says could skyrocket in the coming months. Pseudonymous crypto strategist Altcoin Sherpa tells his 200,600 followers on the social media platform X that Ordinals (ORDI), a token focused on Bitcoin’s (BTC) ordinals protocol, appears primed to surge to the […]

The post Analyst Shares Setups on Ordinals (ORDI), Stacks (STX) and One Altcoin That Could Go ‘Much Higher’ in Coming Months appeared first on The Daily Hodl.

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Bitcoin Ordinals ORDI token tops $1B market cap after 850% monthly gain

Following an outsized rally, ORDI became the first BRC-20 token to breach a $1 billion market capitalization.

The Bitcoin Ordinals-based ORDI token has become the first BRC-20 token to top a $1 billion market capitalization after staging triple-digit monthly and weekly percentage gains.

ORDI notched a new all-time high of over $65 on Dec. 5, according to CoinGecko data.

The sudden ORDI price uptick saw it become the first BRC-20 token to reach a $1 billion market cap on Dec.

ORDI has dropped slightly from its high and is trading under $61, which is still an over 2,000% increase from its Sept.

ORDI has gained over 850% in the past month. Source: CoinGecko

Bitcoin Ordinals was first launched in January by Casey Rodarmor.

Related: Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals

Ordinals-inscribed assets rapidly gained in popularity with the wider blockchain community. After a brief decline in inscription activity in October, Binance’s decision to list ORDI on Nov.

Bitcoin Ordinals saw a brief decline in activity in October but quickly rebounded.

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Top Trader Bullish on Two Bitcoin Ecosystem Altcoins, Including One ‘Obvious Long’

Top Trader Bullish on Two Bitcoin Ecosystem Altcoins, Including One ‘Obvious Long’

A crypto trading veteran is expecting bullish continuation for two altcoins with the Bitcoin (BTC) ecosystem as the digital asset markets flash more strength. Pseudonymous trader The Flow Horse tells his 188,000 followers on the social media platform X that he’s building a position in Stacks (STX). Stacks is a project that aims to enable […]

The post Top Trader Bullish on Two Bitcoin Ecosystem Altcoins, Including One ‘Obvious Long’ appeared first on The Daily Hodl.

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Bitcoin Network Fees Skyrocket Nearly 1,400% in November As Ordinals Inscriptions Dominate Top Blockchain

Bitcoin Network Fees Skyrocket Nearly 1,400% in November As Ordinals Inscriptions Dominate Top Blockchain

Bitcoin (BTC) network fees are seeing a massive surge in November as demand for ordinals floods the leading blockchain. Data from CryptoFees.info finds that BTC’s transaction fees skyrocketed from $779,549 at the start of the month to a peak of $11.63 million on November 17th, an increase of 1,391%. The number has slightly retraced and […]

The post Bitcoin Network Fees Skyrocket Nearly 1,400% in November As Ordinals Inscriptions Dominate Top Blockchain appeared first on The Daily Hodl.

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Analyst Says AI Altcoin Has 130% Surge ‘Written All Over It’ Once Major Resistance Level Is Overcome

Analyst Says AI Altcoin Has 130% Surge ‘Written All Over It’ Once Major Resistance Level Is Overcome

A widely followed analyst and trader is expressing bullish sentiment on a multi-million dollar altcoin as the total crypto market cap edges toward $1.5 trillion. The analyst pseudonymously known as The Flow Horse tells his 185,800 followers on the X social media platform that blockchain-based artificial intelligence (AI) and machine learning platform Fetch.ai (FET) could […]

The post Analyst Says AI Altcoin Has 130% Surge ‘Written All Over It’ Once Major Resistance Level Is Overcome appeared first on The Daily Hodl.

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