
Ethereum 2.0 Weekly Deposits Have Slumped Down To Lowest Ever
Weekly deposits of the Ethereum 2.0 staking contract have been going down recently due to the plunging price of ETH, and are now at the lowest value ever. Ethereum 2.0 Contract Is Now Observing Only 122 32-ETH Deposits Per Day As per a report from analytics firm Glassnode, the ETH 2.0 average deposits have sharply […]
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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 fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well, hitting values not seen since August last year. L1 Ethereum Fees Plunge — Median-Sized, L2 Fees Follow While L1 ethereum (ETH) gas fees are nowhere near below $1 per transfer, ether transaction fees are continuing to drop from January’s highs. It’s possible there’s been less on-chain transaction....
Bitcoin has slumped 3 percent a day after the short-covering fueled rally ran out of steam. The cryptocurrency which had hit a fresh 2-month low of $221.11 raced to hit an intraday high of $237.66 as a big chunk of short positions unwound near the important floor of $220. Bitcoin is now trading at $228.63. Technically, Bitcoin is grossly oversold considering the daily charts but, if we take a bigger view and study weekly charts instead, we get a very different picture. Below are the technical observations made from studying the weekly BTC-USD price chart. Bitcoin Chart Structure - A look....
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 gas fees on Ethereum were this low, as average fees have dropped to roughly $15.13 per transfer.
Ethereum Fees Slide Lower
It costs less to transact on Ethereum today, than it was in mid-January 2022, when the average transaction fee on Ethereum was around $52.46 per transfer. Today, statistics indicate that in order to move ethereum (ETH), it will cost 0.0052 ETH or $15.13 per transaction. The....