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Ethereum Median Fees Slip to 6-Month Low, Will this Reignite Rebound?
Ethereum's median fees dropped to lows not seen since July 2021, raising the question of whether a rebound is on the horizon.
Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue
Ever since the London Hardfork or EIP-1559 upgrade went live in August 2021, Ethereum’s supply continues to be depleted based on the burning mechanism incorporated.
Bitcoin Lightning Network Continues to Gain Steam, Hitting Historic Highs of 3,436 BTC
After crossing the 3,000 BTC capacity for the first time in October 2021, the Bitcoin Lightning Network does not show signs of slowing down as its upward quest continues.
Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year
Bitcoin’s intention to breach the high resistance area between $38,000 and $40,000 continues.
Ethereum's Median Fees Drop by 88.7%,Hitting a Two-Month Low
Ethereum traders have a reason to smile because transaction fees dropped from November highs of $34.19 to $3.84 per transaction, representing an 88.7% decline.
Bitcoin Continues Holding Above the 200 MA, with $34K Being the Redline
With the 200-day moving average (MA) being a significant indicator used to determine the general market trend, Bitcoin (BTC) continues trading above this line.
Bitcoin Needs to Hold $36K for Sustainable Upward Momentum
BTC should go back to the $36K level before flipping it to support more upward momentum, analysts said.
Ethereum Stays Steady Above $3,000 Based on Heightened Social Engagement
For the past ten days, Ethereum (ETH) has pitched camp above the psychological price of $3,000 based on increased social engagement.
El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts
With the crypto market witnessing massive liquidations affecting retail and institutional investors, El Salvador has also been on the receiving end with a loss of more than $11 million, given that it holds at least 1,391 Bitcoin, according to Bloomberg.
Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says
Speaking on an interview Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term.
Bitcoins' Circulation and Address Remain Underwhelming
Bitcoin isn't getting a ton of utility to kick off January, as its circulation and active address are remaining underwhelming.o
Bitcoin’s Long Liquidation Dominance Hits an 8-Month High at 69%
Having traded below $45,000 for seven days now, Bitcoin (BTC) has been in the red based on significant liquidation.
Bitcoin Slips to 4-Month Low as Kazakhstan Internet Shutdown Hampers Mining
Bitcoin dropped below $42K for the first time since September 2021 as the market remains in the red.
Bitcoin Addresses in Profit Slip to 5-Month Low, Consolidation Continues
Profitability in the Bitcoin market has slipped to a 5-month low as the price continues to consolidate.
Ethereum’s Low Median Fees Triggering more Utility, Burn Rate Stands at 6.16 ETH Per Minute
Utility on the Ethereum network is rising thanks to low median fees.