Auto Added by WPeMatico

Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel

With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on…

Continue ReadingOnchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel

Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards

While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the…

Continue ReadingBitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards

The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000

This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of…

Continue ReadingThe Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000

For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020

In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one…

Continue ReadingFor 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020

ENS Domain Registrations Skyrocketed Last Month, Total Names Created Nears 2 Million

The number of Ethereum Name Service (ENS) domains is nearing the two million mark as 1,888,209 ENS names have been etched into the Ethereum blockchain to date. The project recently…

Continue ReadingENS Domain Registrations Skyrocketed Last Month, Total Names Created Nears 2 Million

While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low

While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine…

Continue ReadingWhile the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low

Traders Withdraw $3.6 Billion in Ethereum From Crypto Exchanges in 17 Days

The pencilled-in preliminary date for The Merge, revealed by the Ethereum developer Superphiz, is less than two months away and the announcement seemingly caused a number of developments to happen.…

Continue ReadingTraders Withdraw $3.6 Billion in Ethereum From Crypto Exchanges in 17 Days

Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline

Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest…

Continue ReadingBitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline

Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The…

Continue ReadingEthereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate

New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While…

Continue ReadingStudy: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate