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While some transactions are delayed, preferential treatments have been given to transactions where fees are applicable, thereby chipping into one of the acclaimed advantages of peer-to-peer transactions which is the absence of charges.
Coinbase users will have to pay miner fees themselves from Monday as the company says costs have become “significant.”
Ethereum price is surging and on March 13 it reached its all-time high market cap of $2.74 bln.
Markets have factored in the fee imposition by Chinese exchanges, so we are entering a period of Bitcoin price stability.
Four major Chinese Bitcoin exchanges including BTCC, Huobi, OKCoin and Yunbi have officially begun to charge trading fees to all users, traders and investors, as of Jan. 24, 2017.
Bitcoin’s scaling issues have long caused a deep divide within the community as well as transaction delays. Unfortunately, there is a human cost to these delays.
Facebook IQ published a white paper entitled “Millennials + money: The unfiltered journey” saying that 92% of millennials firmly expressed their distrust of banks.
Consumers want a repeal of the Durbin Amendment which cost them an estimated $4 billion annually as they use a debit card to make a purchase.
Bitmain’s BTC.com launches its open-source platform to compete in the global Bitcoin mining pool distribution market.
As banks and major financial institutions continue to be exposed for their illegitimate operations and felonious actions, a more convincing case for Bitcoin and mainstream adoption is being established.
LocalBitcoins halve trading fee from the current 1% to 0.5% for all Bitcoin trades done in the UK to help users get out of the pound before it's too late.
Almost 20,000 Bitcoin transactions are currently paying more than 35 cents for a next block confirmation.
Can you send money across borders instantly at almost no cost? Robert Genito of Wall of Coins thinks peer-to-peer Bitcoin exchanges could revolutionize the cross-border remittance industry.
What started out as just Shaun Gilchrist’s hobby is developing to become the world’s first and premier price index for Bitcoin, BitcoinAverage.
Bitcoin enthusiasts suggest the use of Bitcoin in settling remittances between the U.S and Mexico after Trump’s proposal to build a wall between the two countries will have been realised.
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