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Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?

Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?

New data by on-chain data provider Glassnode notes that the total Ethereum gas fees paid have hit a monthly low of $666,735.56.

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.

Philippines Central Bank To Research Further Before Launching its CBDC

Philippines Central Bank To Research Further Before Launching its CBDC

Philippines Central Bank governor Benjamin Diokno has recommended further research with respect to the proposed Digital Peso, central bank digital currency.

Dell Uses VMware’s Blockchain Solutions to Track Recycled Packaging Materials

Dell Uses VMware’s Blockchain Solutions to Track Recycled Packaging Materials

Waste management is one of the main challenges after global warming, which affects the natural environment. Dell is committed to developing solutions to enable better waste management. Recently, Dell partners with VMware to track recycled packaging materials using blockchain.

Total Value Locked in Ethereum 2.0 Deposit Contract Reaches a New All-Time High of $6.5 Billion

Total Value Locked in Ethereum 2.0 Deposit Contract Reaches a New All-Time High of $6.5 Billion

The total value locked in Ethereum 2.0 has hit a new all-time high, showing the trust in the network's future amid high gas fees.

US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising.

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.

NASA is Funding a Blockchain Solution for Space Communication

NASA is Funding a Blockchain Solution for Space Communication

The United States National Aeronautics and Space Administration (NASA) is funding two US-based companies to develop a blockchain solution to enhance space communication

WEF Launches Blockchain Proof of Concept to Track Supply Chain Greenhouse Gas Emissions

WEF Launches Blockchain Proof of Concept to Track Supply Chain Greenhouse Gas Emissions

The World Economic Forum’s Mining and Metals Blockchain Initiative has launched a unique proof of concept to track greenhouse gas emissions across the value chain.

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

Greenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.

Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker

Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker

German automobile manufacturing company, Mercedes-Benz reported that they are working on an automobile blockchain gas emission tracker.

Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Bitcoin could take five or more years to reach the price of $100,000, according to Bloomberg’s demand indicators.

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