Traders Can Now Bet on the Bitcoin Mining Difficulty With FTX’s Futures

Transaction fees have seen anomalous volatility amid Bitcoin’s third halving, increasing over 800% in one month. From April 11 until May 14, Bitcoin (BTC) transaction fees increased by more than 1,250% from $0.38 to $5.16. While Bitcoin transaction fees have since fallen by 33.3% to sit at roughly $3.44 as of this writing, fees have increased by 36.5% since the block reward halving on May 11. Bitcoin fees double in three days after halving The average cost of executing transactions on the Bitcoin network has increased by more than 800% in just one month, with May posting the highest transaction fees since July 2019 so far. Read More...

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