Here’s crypto.news’ weekly recap. The idea was well-received by some corners of the cryptocurrency community, with some claiming it would end corruption. According to data provided by YCharts, the average transaction fee on the Bitcoin network declined by 28% to about $24.99 between April 22 and April 23. The news comes as VCs continue to express interest in the cryptocurrency sector.
In the first quarter, VC volume saw an uptick for the first time since 2022, hovering at around $2.5 billion.