Ethereum user spends $44,000 in gas fees to mint Bored Ape ‘Otherside' NFTs

Ethereum's scalability woes come under the spotlight once more following the release of the latest Bored Ape Yacht Club NFT collection. The post Ethereum user spends $44,000 in gas fees to mint Bored Ape ‘Otherside' NFTs appeared first on CryptoSlate.

Timeline of Ethereum

Crypto insights firm Santiment says that deep-pocketed Ethereum investors have started aggressively accumulating ETH after four months of inactivity. The market intelligence firm says that whales holding between 1,000 and 10,000 Ethereum have suddenly added a combined 142,000 ETH, worth about $407,415,040 at time of writing. The accumulation spike comes after a nearly four-month-long stagnation The post Ethereum Whales Have Accumulated $407,415,040 in ETH in Just 10 Days: Analytics Firm Santiment appeared first on The Daily Hodl.

The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network's revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review. ETH Inflation Rate Drops to 0.51% Ethereum's revenues

There were many disgruntled Ethereum users over the weekend following a Yuga Labs nonfungible token (NFT) launch which caused gas prices to surge to new highs. The post Ethereum Gas Fees Spike to New Highs on Latest NFT Hype appeared first on BeInCrypto.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum (ETH) left its short-term investors fairly dissatisfied after failing to uphold the marks of its Point of Control (POC, red) at $3,000.

The sustained selling in Ethereum(ETH) price has knocked out several horizontal levels and DMAs. The altcoin recently breached the $2800 suggesting the sellers are prepared for another leg down.

Ethereum price analysis is bearish today as we have seen another strong spike lower and reaction higher to retest previous support as resistance. Therefore, ETH/USD should head lower later today and look to reach further downside.

Standard Chartered's Head of Crypto Research believes Bitcoin and Ethereum will end 2022 on a high note. He remains positive that a bullish outcome is in store for the two cryptocurrencies, despite the recent blip in April.

We spoke with the co-founder of Laconic, Maly Ly, who has teamed up with Ethereum developer Rick Dudley to create a data app store for web3. The post Ethereum core developer to launch Web3 app store for data appeared first on CryptoSlate.

Per data from Token Terminal, OpenSea generated almost as much revenue from transaction fees as the Ethereum blockchain during the period. Even more impressive is the fact that OpenSea achieved the feat without a token or token incentive, the crypto market data aggregator noted.

A three numeric Ethereum Name Service (ENS) domain dubbed 555.eth has just been sold for 55.5 ETH worth over $160,000. It now holds the record for the most expensive ENS domain ever sold.