Tag: 3564
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XRP burns stay at 0.0001% annually due to Ripple protocol and SEC regulatory framework
XRP burns remain negligible at 0.0001% annually, with Ripple and SEC regulations discouraging token destruction despite community debates.
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Bitcoin ETFs attract $12 billion as network fees exceed $50 amid April 2024 congestion.
Bitcoin ETFs like IBIT and FBTC attracted $12 billion inflows, but network congestion caused transaction fees to spike above $50 in April 2024.
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Bitcoin miners earned $550 million in August as transaction fees increased slightly
Bitcoin miners earned $550 million in August, similar to July, with BTC transaction fees increasing slightly amid steady network activity.
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Bitcoin hashrate reaches 600 EH/s, mining difficulty up 3.5% in BlocksBridge report
Bitcoin hashrate hit 600 EH/s, mining difficulty rose 3.5%, transaction fees dropped 40%, and BlocksBridge reported on BTC and mining stocks.
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New York’s 0.2% crypto tax proposal raises market sell-off concerns
New York proposes a 0.2% crypto tax, raising concerns over market sell-offs. Bitcoin and Ethereum traders face potential liquidity impacts amid regulatory scrutiny.
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Stablecoin volumes rise 15% as Coinbase and MetaMask cut fees
Stablecoin volumes rose 15% as Coinbase and MetaMask reduced fees, with USDC and USDT leading transactions amid lower Ethereum gas costs.
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New York Assembly proposes 0.2% tax on Bitcoin and NFT transactions in 2024
New York Assembly proposes 0.2% excise tax on crypto and NFT transactions, affecting Bitcoin and Ethereum traders, with potential $50M annual revenue.
