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

Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global EconomyOver 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 of imported goods, and a series of harsh financial sanctions against Russia. In the midst of a restricted global economy, the top two privacy-centric crypto […]

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

Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per TransferEthereum 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 […]

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

Ethereum Network Fees Continues to Drop — Transfer Fees Hit Lowest Rate in 6 MonthsIt’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 days ago on January 10. On that day, Ethereum network fees were around $52 per transaction and today, the average transaction fee is $10.26 per […]

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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 stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled by more than 20% since the […]

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

Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in JanuaryThe 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 […]

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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 miamicoin (MIA) was launched. The Miamicoin project’s goal was to give Miami’s “citizens and supporters the power to support, improve and program the Magic City.” […]

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

Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT SupplyAs 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 million own more than 80% of the entire supply. Tether’s Whales Command More Than 80% of the Supply The U.S. dollar-pegged stablecoin has grown exponentially […]

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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 economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9% during the last 30 days. The […]

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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. Biggest gainers Following a bearish January, crypto markets began to rebound within the last week, with arweave being one of the biggest gainers in that […]

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