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Ethereum Rising Gas Fees are Still Concerning But Presents Opportunity For Decentralized Exchanges

www.newsbtc.com

Paying gas fees is a crucial component of exchanging crypto and mining digital assets yet remains a significant cost barrier for transactions. A prime example is the major cryptocurrency Ethereum, whose network incurs inherently high gas fees due to its high volume of transactions and token evaluation.

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Bitcoin ETH
$ 3739.09

Timeline of Ethereum


Double Protocol Leasable NFT Standard “ERC-4907” is Now Ethereum's Latest Approval - Crypto news

On June 28, Double Protocol submitted the EIP-4907 standard for the Leasable NFT Lease Marketplace to the Etherpad development team for review and approval. On Twitter, the platform confirmed that it was approved, marking the 30th standard that the Ether…


Solana vs Ethereum: Find The Best Blockchain-Based Crypto Projects With BoostX and TrustPad - CoinPedia

Blockchains play an important role in the crypto market. With Solana and Ethereum being two of the leading blockchains, they are also each other's biggest competitors. Whilst some users prefer to use crypto projects based on Ethereum and others Solana, let's compare how the two differ. Launchpads such as BoostX and TrustPad can help meet …


Nifty news: Sandbox LAND on Polygon, ETH gain a tax loss and more. - Cointelegraph

An NFT trader pulled off a supposed tax write-off "masterclass" by booking a 74.2 ETH profit at a $52,000 loss, and print-on-demand firm Pixels.com has rolled out NFT merch support.


Ethereum ($ETH) Whales Bet on Shiba Inu as $SHIB Burns Keep Growing - CryptoGlobe

The top 2,000 whales on the Ethereum ($ETH) network have increased their Shiba Inu ($SHIB) holdings to the point that the meme-inspired cryptocurrency is at the time of writing their largest non-stablecoin holding excluding Ethereum's $ETH, the network's native currency. According to data from whale monitoring service WhaleStats, these whales currently hold, on average, $217


Ethereum Keeps Sliding Down, Will The Support Line of $1,100 Break? - NewsBTC

Ethereum continued on a bearish path as the coin has now found support level at $1,100. Over the last two days the coin surged and touched the $1,200 mark but shortly after that, it witnessed a pullback on the chart.


Norway to Use Ethereum Blockchain for Government Register - CrowdFundInsider

According to a series of Tweets, the Norwegian government will dip its toes into leveraging blockchain technology. As shared in the Tweets, the Norwegian government will be utilizing Ethereum via Arbitrum for cap tables of private firms.


Crypto Venture Capitalist Says Solana (SOL) Going Through Same Bear Phase As Ethereum (ETH) in 2018 - The Daily Hodl

One crypto veteran says Solana (SOL) is currently going through a similar phase to what Ethereum (ETH) experienced four years ago. Crypto venture fund Variant co-founder Spencer Noon tells his 112,100 Twitter followers Solana's current issues won't matter a few years down the road. “It feels to me like SOL is going through a similar The post Crypto Venture Capitalist Says Solana (SOL) Going Through Same Bear Phase As Ethereum (ETH) in 2018 appeared first on The Daily Hodl.


Anchorage Unveils Ethereum Staking for Institutional Investors as Move to PoS Approaches - Crypto news

Anchorage Digital, a crypto storage company, announced the launch of an Ethereum staking service for institutions, through which they will be able to receive incentives tied to the second-largest digital asset by market cap. Anchorage Presents ETH Staking Service for…


Why did ‘ETH denominated OI on CME climb to highest level since early April' - AMBCrypto

Ethereum [ETH], the largest altcoin continues to see alarming signals concerning its price on a weekly basis. ETH remained in a bearish zone below the $1,280 and $1,250 resistance levels.


3,371 ETH Worth $3M Was Just Burned - Benzinga

What happened: On Tuesday a total of 3,371.88 Ether (CRYPTO: ETH) worth $3,705,894, based on the current value of Ethereum at time of publication ($1,099.06), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Bitcoin Bitcoin
69168.6000 2.73%
Ethereum Ethereum
3746.02000 1.07%
BNB BNB
603.105000 1.08%
Solana Solana
168.246000 1.27%
XRP XRP
0.53695000 1.13%