Bitcoin fees hit 20-month high as miner revenues match $69K BTC price
    18 Dec 2023
    86 Views

    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…

    ‘Tens of millions’ to enter Web3 through gaming in 2024 — GameFi execs
    18 Dec 2023
    93 Views

    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…

    Bitcoin won’t be beaten as digital store of value: VanEck CEO
    18 Dec 2023
    94 Views

    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…