Total Market Capitalization Dominance, %
Is BitMEX Costing Bitcoin Users Higher Transaction Fees?
BitMEX’s handling of Bitcoin transactions raises transaction fees unnecessarily, according to new research.BitMEX Bitcoin Transactions Causing Fee SpikesAccording to findings published by 0xB10C, BitMEX broadcasts many megabytes worth of large transactions to the Bitcoin network at around 1 pm UTC every day.The transaction sizes cause an immediate temporary spike in transaction fees.The spike in fees could be offset if the handling of the transactions was conducted using industry-standard manage
This Technical Breakout Could Send Ethereum To $220 or Higher
Ethereum is showing positive signs above the $202 and $200 support levels against the US Dollar. ETH price is likely to accelerate higher towards the $220 and $225 levels in the near term.Ethereum is trading nicely above the $202 and $200 support levelsThe price is currently attempting an upside break above $207 and the 100 hourly simple moving average.There is a key connecting bearish trend line forming with resistance near $207 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin Price Analysis: BTC/USD Pivotal At $9,000, Is A Pre-halving Rally To $9,500 In The Cards?
Bitcoin block reward halving is expected in approximately five days. Last week, the price short up to $9,466. The massive gains were attributed to increased network activity ahead of the halving. However, a retreat occurred with the price first testing a newly established support at $8,400 before surging back to $9,200. However, the last few days have seen Bitcoin remain lethargic around the pivotal level at $9,000. Gains towards $9,200 (key resistance) have become unstainable.