These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022

These Are the Crypto Economy's 10 Most Expensive Assets per Unit in 2022A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The […]

Go to Source

Powered by WPeMatico

Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion

Bitcoin Falls Beneath $40K Dragging Crypto Economy Below $2 TrillionOn Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under the $2 trillion mark, down […]

Go to Source

Powered by WPeMatico

JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion

JPMorgan: Ethereum Losing Ground to Rival Cryptocurrencies in NFT Market Due to High Transaction Fees, CongestionJPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum […]

Go to Source

Powered by WPeMatico

Bitcoin Dominance Increases, ETH’s Market Share Slides, Stablecoin and Smart Contract Coins Rise

Bitcoin Dominance Increases, ETH's Market Share Slides, Stablecoin and Smart Contract Coins RiseOn Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy’s market slump, bitcoin’s market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% range. Meanwhile, Ethereum’s market dominance has diminished as it has […]

Go to Source

Powered by WPeMatico

Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer

Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per TransferAccording to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether on Wednesday is $0.25 per transaction using […]

Go to Source

Powered by WPeMatico

Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity

crypto.comCrypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from security and blockchain auditing firms Certik and Peckshield indicate that some funds were […]

Go to Source

Powered by WPeMatico

ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion

The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether. Ethereum 2.0 Contract Exceeds 9 Million […]

Go to Source

Powered by WPeMatico