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Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy

Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types…

Continue ReadingPrivacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy

Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer

Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas…

Continue ReadingEthereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer

Ethereum Network Fees Continue to Drop — Transfer Fees Hit Lowest Rate in 6 Months

It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48…

Continue ReadingEthereum Network Fees Continue to Drop — Transfer Fees Hit Lowest Rate in 6 Months

Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps

At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of…

Continue ReadingStablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps

Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January

The average transaction fee on the Ethereum network has dropped to the lowest level in four months, according to statistics on February 13, 2022. Mid-September 2021 was the last time…

Continue ReadingEthereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January

City of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High

While Miami’s mayor Francis Suarez told the public he was a big believer in bitcoin and has accepted his pay in bitcoin, at the same time, a crypto coin called…

Continue ReadingCity of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High

Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply

As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain researchers at Santiment indicates that tether addresses valued at $1…

Continue ReadingStablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply

Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion

As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto…

Continue ReadingStablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion

Technical Analysis: Arweave up Over 44% in the Last Week, Monero Starts Lower

Arweave, which rose by over 44% in the last week, was once again in the green, trading over 10% higher on Monday. This comes as monero slipped in today’s session.…

Continue ReadingTechnical Analysis: Arweave up Over 44% in the Last Week, Monero Starts Lower