Average Bitcoin transaction fee drops under $1 as network difficulty recovers

The average transaction fees on the Bitcoin (BTC) blockchain fell below $1.00 for the first time in over two years, further strengthening its use case as a viable mainstream financial system. High transaction fees over blockchain networks work against the users, especially when making low-value transactions. For example, transaction fees over the Ethereum blockchain skyrocketed several…

Using Decision Trees in Finance

Decision trees are major components of finance, philosophy, and decision analysis in college courses. Yet many students and graduates do not understand their purpose, even though these statistical representations play a vital role in corporate finance and economic forecasting. Decision Tree Basics Decision trees are organized as follows: an individual makes a big decision, such…

GameStop NFT daily fee revenue plunges under $4K as gloom infects markets

Daily revenue for GameStop’s nonfungible token (NFT) marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly since launching in mid-July. According to data from DappRadar, GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours. With the platform charging only a 2.25% fee on…

The Utility of Trendlines

What is the use of trend lines? Bullish and bearish trends are hot topics among technical analysts and traders because they ensure that underlying market conditions work in favor of a trader’s position, rather than against them. Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together. The…

Bounty Definition

What is a bounty? A bounty is an amount paid by a government or commercial entity to reward certain activities or behaviors in order to achieve an economic goal or solve a problem. Key points to remember In the cryptocurrency world, bounty programs are used by coin developers to incentivize actions before the initial coin…

What’s going on with Cardano’s testnet and Vasil hard fork?

Cardano founder Charles Hoskinson has continued to refute claims that the Cardano’s testnet is “catastrophically broken,” implying the need to finally move forward with the long-delayed Vasil hard fork. In a Twitter thread on Sunday, Hoskinson shared his frustration concerning some of the videos claiming Cardano’s testnet has a “catastrophic” issue, which stems from a…

Active vs. Passive ETF Investing: What’s the Difference?

Active or Passive Investing in ETFs: An Overview Traditional exchange-traded funds (ETFs) come in hundreds of varieties, tracking almost any index you can imagine. ETFs offer all the benefits associated with index mutual funds, including low turnover, low cost and broad diversification, plus their expense ratios are significantly lower. While passive investing is a popular…