Bitcoin transaction fees have fluctuated significantly, peaking at 1.91 BTC per block in 2017 but stabilizing around 0.45 BTC recently. Future bull markets could see similar surges.
Bitcoin miners are projected to earn $13.9 billion in 2024, with 4.8% from transaction fees, highlighting reliance on block subsidies.
Bitcoin miners faced a 7% decline in hashrate in Q2 2024 post-halving but saw efficiency improvements, as per Coinmetrics report.
Coinmetrics' new report, with researchers Ramirez, Andrade, and Ved, analyzes the risks of high Fully Diluted Valuations (FDVs) in crypto markets, focusing on token distribution, valuation, and market impact.
The meme coin sector has reached a $60 billion market cap, transforming the digital asset landscape and surpassing traditional cryptocurrencies. Coinmetrics researchers highlight the impact on networks like Ethereum and Solana.
Bitcoin nears its all-time high, generating excitement despite trading volumes dipping below $14 billion. Analysts express caution due to muted trading volumes.
