Bitcoin on-chain transaction fees are dividing opinion as the cost of sending BTC skyrockets. Data from the statistics resource BitInfoCharts puts the average transaction fee at nearly $40 as of Dec. 17. Commentators: High Bitcoin fees are inevitable The latest wave of Bitcoin Ordinals inscriptions has resulted in elevated transaction fees for all network users — but some believe…

Crypto market hype and the “commercial release” of several highly anticipated blockchain games will likely onboard “tens of millions” gamers to Web3 in 2024, according to Web3 gaming execs. “2024 is a growth year in terms of bringing people on to Web3,” said Yat Siu, co-founder of gaming and venture firm Animoca Brands, in an…

The CEO of investment management firm VanEck says he can’t see a world where Bitcoin (BTC) is overtaken as the leading store of value on the internet. “I think it’s impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin,” Jan van Eck said in a Dec. 16 interview with CNBC. “There’s 50 million users…