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Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi

Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi

New data by on-chain data provider Glassnode reveals that the number of crypto addresses holding more than 100 ETH has hit a 19-month low of 45,518.

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP-1559, an Ethereum Improvement Protocol set to launch in July, has been touted as a game-changer that will address the issue of rising gas fees on the network.

Trader Spends $118k in Ether on Memecoin

Trader Spends $118k in Ether on Memecoin

A single trader has spent $118,000 in gas fees on the Ethereum network to purchase $155,000 worth of memecoin called Four (FOUR). The trader paid $119,157 in Ether (ETH) for a Uniswap trade of 84 Wrapped Ether (WETH) for 13.8 billion FOUR tokens. The rise in gas fees has caused debates in the crypto community over its impact on mass adoption.

Ethereum Fees Have Grown 10-Fold Since Q4 2020, Showing High Demand and Willingness to Pay

Ethereum Fees Have Grown 10-Fold Since Q4 2020, Showing High Demand and Willingness to Pay

Gas fees in the Ethereum network have increased ten times since the fourth quarter of 2020.

Ethereum’s All-Time High May Be Influenced by a Drop in ETH Gas Fees

Ethereum’s All-Time High May Be Influenced by a Drop in ETH Gas Fees

On-chain metrics provider Santiment attributes the current ETH uptrend to a drop in Ethereum’s average fees.

ETH Price Plunges as Ethereum Gas Fees Make DeFi Unusable

ETH Price Plunges as Ethereum Gas Fees Make DeFi Unusable

Ethereum’s surging gas fees continue to raise concern—making DeFi all but unusable for the average trader and the ETH price falling drastically to $1,580.63 last night.

Ethereum Network's Gas Fees Skyrocket Amid Memecoin Frenzy

Ethereum Network's Gas Fees Skyrocket Amid Memecoin Frenzy

Ethereum's gas fees have hit a new multi-month high due to the growing memecoin frenzy. While this has brought in more revenue for the network, it has also caused congestion and difficulty in processing transactions.

Ethereum’s Daily Transfers Have Increased from $373 Million to Over $9 Billion in Just a Year

Ethereum’s Daily Transfers Have Increased from $373 Million to Over $9 Billion in Just a Year

Ethereum has been transacting enormous daily volumes to the tune of more than $9 billion.

Vitalik Buterin Highlights Polymarket's Prediction on Ethereum's Gas Fee Reduction

Vitalik Buterin Highlights Polymarket's Prediction on Ethereum's Gas Fee Reduction

Vitalik Buterin draws attention to predictions of lowered Ethereum gas fees post-EIP-4844, with market speculation suggesting major cost cuts.

Bitcoin Transaction Fees Altering its Ecosystem

Bitcoin Transaction Fees Altering its Ecosystem

Bitcoin (BTC) transaction fees entail the amount charged for your proceedings to be handled by a miner and approved by the Bitcoin network.

Crypto Fest 2.0 Rumble in the Crypto Jungle

Crypto Fest 2.0 Rumble in the Crypto Jungle

Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!

MoneyGram Continues to Receive Millions in Development Fees From Ripple

MoneyGram Continues to Receive Millions in Development Fees From Ripple

Ripple continues to pump money into MoneyGram remittance services in market development fees as compensation for providing liquidity to its ODL XRP network.

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