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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Somnia Launches Playground App to Empower Metaverse Creators

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    NFT sales plunge to $129.6m, Pudgy Penguins jump 63%

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    PENGU token loses 20% in August amid Pudgy Party game launch

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

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    Blue chip NFTs sink double digits as ETH retreats from record highs

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    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

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    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

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    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

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    Climb the SCOR Invitational Leaderboard and Earn Bigger $SCOR Airdrops

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    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

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    Pudgy Penguins and Mythical Games Launch Pudgy Party Game

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    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

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    GaFin Joins Cyber Crash to Advance Web3 Gaming

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    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

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    Stability World AI Adds Games to Transform the Future of Web3 Gaming

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    Play Solana to ship handheld gaming device in October

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    LFG Boosts Token Launches with Community Power

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    Polyhedra Network launches Proof Cloud in open beta

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

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  • Analysis
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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    NFT sales plunge to $129.6m, Pudgy Penguins jump 63%

    PENGU token loses 20% in August amid Pudgy Party game launch

    PENGU token loses 20% in August amid Pudgy Party game launch

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    Base claims top 3 spot in 30-day NFT volume: DappRadar

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    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

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    Blue chip NFTs sink double digits as ETH retreats from record highs

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    What’s Behind the Double-Digit Declines?

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    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

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    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

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    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

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    Climb the SCOR Invitational Leaderboard and Earn Bigger $SCOR Airdrops

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    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

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    Pudgy Penguins and Mythical Games Launch Pudgy Party Game

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    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

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    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

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    Stability World AI Adds Games to Transform the Future of Web3 Gaming

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    What Is Impermanent Loss? How It Works, and How to Avoid It

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    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

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    What’s the Difference & Which Is Better to Trade?

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Bitcoin Minimum Fee Rate Slashed by 90%—Is That a Good Thing?

July 19, 2025
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Bitcoin Minimum Fee Rate Slashed by 90%—Is That a Good Thing?
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The debate over whether Bitcoin is best suited for payments or as a store of value is flaring up again. This time, it comes after the price to send the leading cryptocurrency has been slashed.

READ ALSO

A Remarkable 89.2 BTC Mined in Seven Days

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Top Bitcoin blockchain explorer Mempool posted this week that now users of the biggest crypto network can pay as low as 0.1 satoshi per virtual byte (sat/vByte) to get their transactions processed. A satoshi is the smallest unit of Bitcoin, with 1 satoshi equaling 0.00000001 BTC. 

Previously, it would cost 1 satoshi/vByte at minimum to get miners to process transactions. But due to a lack of activity on the leading cryptocurrency’s network, miners cut the minimum rate down by 90% in order to add more blocks to the blockchain. 

These measurements refer to the weight of a transaction and how quickly it will get processed. When a blockchain is busy, it will cost more to get transactions prioritized by miners.

The fact that the cost has been slashed so much shows that demand for blockspace has shrunk. In other words, people aren’t making a lot of transactions, prompting the move to accept much cheaper fees.

The Bitcoin network is run by miners, which today are mostly industrial operations of warehouses full of expensive computers that process transactions on the network. 

Miners are rewarded by processing blocks—which contain transaction data—and adding them to the blockchain. Per block processed, miners receive 3.125 BTC (worth $367,000 at the current price) along with transaction fees. 

See also  Bitcoin 'Epic Sat' That Sold for $2 Million Used to Inscribe Ordinals Art—With Grimes' AI Voice

But as fewer people use the Bitcoin network to send funds, inscribe Ordinals (aka NFTs), or perform other actions, transaction fees remain low—which means that miners earn less for each successful block win.

As pseudonymous Bitcoin miner Econoalchemist told Decrypt, transactions at the 0.1 sat/vByte fee rate have always been allowed by the protocol, but some node operators may choose to ignore such low fees. The moves by Mempool and others this week suggest a growing consensus movement towards accepting those lower-fee transactions.

“Over time, policy rules will trend toward matching consensus rules, lifting most relay restrictions,” he said.

Bigwigs in the crypto and payments space have previously bemoaned lack of activity on the blockchain—including Twitter founder and Square CEO Jack Dorsey. The die-hard Bitcoiner previously said that the cryptocurrency would only succeed if people used it for what it was designed for: sending and receiving money.

“I think if it doesn’t transition to payments and find that everyday use case, it just gets increasingly irrelevant,” Dorsey said of Bitcoin during an April podcast.

Though evidently, as Bitcoin hits new all-time highs, it is succeeding—albeit with a different use case: People are using it as a store of value investment. 

“I suppose time will tell, but Bitcoin seems to be moving into [a store of value asset] and not being used for any type of transactions,” Scott Norris, CEO of Bitcoin miner Optiminer, told Decrypt. 

He added: “As long as the upward price momentum exists, people aren’t going to use Bitcoin to transact. Bitcoin is digital land basically—it’s very valuable and the value continues to grow. It’s still very new, so it hasn’t peaked. But it’s not the best to transact with. You want to leverage your Bitcoin, not use it.”

See also  Bitcoin Mining Giant Bitmain Halted Employee Salaries

It’s worth noting that the sender of a cryptocurrency transaction chooses the fee: If they are in a hurry to get a payment seen and processed by miners, then they can up the fee and it will be added to a block quicker. 

I love seeing sub-1 sat/vbyte transactions in my mempool.

Most of my early Bitcoin transactions were 0-fee, and they confirmed within a couple blocks.

I’m not miner. I want to pay as little as possible when I’m not using LN.

— Mandrik (@Mandrik) July 17, 2025

Still, some on Crypto Twitter (aka X) expressed delight that it was cheaper to use the top blockchain. One user, Mandrick, wrote: “I love seeing sub-1 sat/vbyte transactions in my Mempool,” adding that he wanted to “pay as little as possible.”

When challenged by someone who said that “[transaction] fees are needed to secure the network,” he added: “It’s like when rich liberals complain about not being taxed enough. Just send more money to the IRS—they’ll take it!”

Tags: 90IsBitcoinFeegoodMinimumrateSlashed

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