Despite many efforts from the blockchain to optimize the price, the gas fees on Ethereum has been a real pain in the butt for a long time. The NFT trend was one of numerous causes that increased the g...
Tag: fees
Despite low gas fees, why is OpenSea’s trading volume bothering NFT holders
At the start of the year, NFT traders watched with a range of emotions as OpenSea’s monthly volumes for January 2022 quickly overtook those of December 2021 – even before the month had ended. Now, wit...
Why Has Twitter Drawn Attention To Ethereum Gas Fees?
Ethereum gas taxes have recently dropped by 71 % from their mid-January average of $52.46. According to Etherechain.org, the gas price for a regular transfer is around 40 GWei ($2.62) at the time of w...
Chainlink investors need not worry about transaction fees, since…
Blockchain oracle network Chainlink has been creating a lot of buzz in the cryptocurrency industry lately. Primarily, due to the various partnerships, it has entered into over the past year. However, ...
How To Write Off Legal Fees On Your Taxes
Since 2018, it’s been tougher to deduct legal fees, and some plaintiffs in contingent fee cases are taxed on their gross recoveries, not net after legal fees. Some call it a new tax on legal settlemen...
Amazon and Visa reach global truce over credit card fees
Visa payment cards laid out on a computer keyboard. Matt Cardy | Getty Images Amazon has reached a global agreement with Visa to settle a dispute over the credit card giant’s fees. The deal mean...
How Twitter Put Ethereum Gas Fees In The Spotlight
Twitter just enabled Ethereum wallets to the tipping jars feature on creators’ profiles. The news was met with skepticism and jokes from users who pointed out that it would not be practical to send ti...
Nomiswap, The New Decentralized Exchange (DEX) With The Best Fees And Benefits On The Crypto Space
The demand for decentralized finances (DeFi) keeps rising with the ecosystem reaching $100 billion in total value locked (TVL) during 2021. However, users seek safe and secure options capable of provi...
Ethereum’s Average Transaction Fees Reach 5-Month Low ⋆ ZyCrypto
Advertisement     According to Glassnode, the average total fees paid on Ethereum’s network have just reached a 150-day low. This value corresponds to the lowest gas f...
Ethereum at its lowest:71% than average transactions fees
According to figures from February 13, 2022, the average transaction fee on the Ethereum network has decreased to its lowest level in four months. Today’s fees are 71.15 percent cheaper than the avera...
Fidelity Launched Bitcoin ETP In Europe With “Cheapest” Fees
The international branch of investment firm Fidelity recently announced the launch of their first Bitcoin Exchange Traded Product (ETP) in Europe, according to a report from ETF Stream. Called Fidelit...
Massive Crypto Whale Abruptly Moves Over $1,900,000,000 in Bitcoin (BTC) for Just $3.56 in Transaction Fees
One of the richest Bitcoin (BTC) whales in existence is relocating nearly $2 billion worth of BTC while the crypto markets traded sideways over the weekend. Blockchain explorer Blockstream reveals tha...
Average and median transaction fees on Ethereum see a major decline
The Ethereum network has recorded a major downside in the transaction fees. The transaction fees have been downhill since January 10. The average and median fees reached $14.17 and $5.67, respectively...
Less Gas Fees, Faster Transactions & More Trades on Capitrade Launchpad, CDE Tokens Seed Sale Continues
Capitrade team is excited to announce to the general public on our long-awaited partnership and token deployment on the Cardano blockchain network has been achieved as the have successfully deployed 2...
Ethereum Fees Have Not Been This Cheap Since October of 2021
Cryptocurrency fans may celebrate the entry of their favorite tokens into the mainstream audience thanks to the impact of the Crypto-Bowl. Still, Ethereum lovers have one more reason to rejoice, as tr...
Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January – Altcoins Bitcoin News
The average transaction fee on the Ethereum network has dropped to the lowest level in four months, according to statistics on February 13, 2022. Mid-September 2021 was the last time gas fees on Ether...
Ethereum Transaction Fees Drop to Multi-Month Lows, Here’s What It Means
On-chain analytics platform Santiment reports that Ethereum network transaction fees have dropped to their lowest since late July 2021. Ethereum’s price declined to lows of $2,857 on Feb. 12 bef...
Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees – Coinotizia
A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto u...
Vitalik Buterin On How To Eliminate Ethereum Network Congestion And High Fees
Network congestion on the Ethereum network is a very real and present issue, which has in turn brought about more real and pressing issues. Users of the network, especially small-time investors, have ...
Vitalik Buterin: two proposals to reduce Ethereum fees
A few days ago Ethereum developer Tim Beiko shared two proposals from Ethereum co-founder Vitalik Buterin to create a new format for transactions on Ethereum to reduce fees on rollups. After @lightcl...
SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees
Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned....
Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees – Technology Bitcoin News
Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feat...
Ethereum to Introduce New Transaction Format in Urgency to Curb Gas Fees: Details
In a recent tweet, Ethereum co-founder Vitalik Buterin mentioned a near-future hard fork that could deliver improved scalability to rollups before full sharding is completed. Some proposals to add ...
Ethereum Fees Drop Below $5 as L2s Take Off – Trustnodes
Ethereum fees have fallen below $5 per simple transaction according to pictured data by Santiment, a blockchain analytics firm. That’s down from circa $35 in November and May last year when ethereum’s...
Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees – Altcoins Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
CFPB signals crackdown on hidden fees for banks, credit cards
Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau on Wednesday signaled a broad crackdown on hidden a...
Mutual Fund Fees, Politicians, Lawyers And The Scorekeepers
What gives you bargains in portfolio management—lawsuits or competition? Bevy of platonic guardians (Photo by Erin Schaff) Getty Images Some of the fees collected by money managers are outrageous. Inv...
Coinify Offers Zero Fees on Crypto Purchases Via PrimeXBT Partnership
Coinify has the market cornered in terms of being an all-in-one payment gateway and platform to buy and sell crypto with only a few clicks. A new partnership with an advanced trading platform known as...
Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion – Altcoins Bitcoin News
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “I...
Ethereum May Be Losing Out To Competitors Due To High Gas Fees, Says JPMorgan
JPMorgan has piled on the ethereum high gas fee issue as a reason why it could end up losing out to competitors like Solana and Cardano. These other projects past significantly fewer transaction fees ...
Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer – Altcoins Bitcoin News
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ...