San Francisco-based cryptocurrency exchange Coinbase has revealed it saved its customers 75% in transaction fees by batching bitcoin transactions since early 2020. The exchange’s announcement comes five months after it rolled out bitcoin transaction batching for both Coinbase and Coinbase Pro.
Bitcoiners and other cryptocurrency enthusiasts have mobilized to raise relief funds for Lebanon following a massive explosion In Beirut that took the lives of over 200 people and is estimated to have caused over property damages of over $15 billion.
The billion-dollar business intelligence software firm MicroStrategy has made a massive $250 billion bet on bitcoin, investing in the cryptocurrency as part of its capital allocation strategy.
Sponsored: On the 10th of August, Binance launched Perpetual Futures contracts margined with Bitcoin and with leverage of up to 125x. The contracts are listed on Binance Futures, one of the leading crypto-derivative exchange, and offers users greater diversification.
Top stories in the Crypto Roundup today:
- Coinbase Saved Its Clients 75% in Fees by Batching Bitcoin Transactions
- Bitcoiners Launch Crypto Relief Fund for Lebanon Following Massive Explosion
- MicroStrategy Makes Massive $250 Million Bet on Bitcoin
- Sponsored: Binance Launches Perpetual Futures Margined and Priced with Bitcoin
At the time of writing, bitcoin (BTC) is trading at $11,454.56 (-2.27%) with a daily Top Tier volume of $5.35 bn. As for ether (ETH), it is trading at $380.23 (-2.39%) with a daily Top Tier volume of $1.71 bn. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 4,392.34 (-0.80%).