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Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price Gains
Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price GainsA report by cryptocurrency analytics firm Kaiko Research reveals that Ethereum gas fees have recently reached a five-year low, primarily driven by increased Layer 2 activity and the March Dencun upgrade, which reduced transaction costs on Layer 2. This fee reduction has implications for ETH, as lower fees mean less ETH burned, leading to an increase in the token's supply
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Ethereum Price Prediction: Future Trajectory for 2024 and Beyond
Ethereum Price Prediction: Future Trajectory for 2024 and BeyondEthereum's market capitalization closely follows Bitcoin, having traded neck and neck with it at major turning points over the past year. However, Ethereum has lagged behind Bitcoin in the past year, recording a 31
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$2,300 Could Be a Strong Support Level for Ethereum, But Don't Overlook the Risk of a Bear Trap
$2,300 Could Be a Strong Support Level for Ethereum
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Dogecoin [DOGE] Large-Transaction Volume Surges 35%, Key Levels to Determine Future Direction
Dogecoin [DOGE] Large-Transaction Volume Surges 35%, Key Levels to Determine Future DirectionDogecoin [DOGE] has recently witnessed a 35% surge in large-transaction volume, stirring the cryptocurrency market. This trend is being interpreted as a sign of potential price volatility
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Ethereum's Dilemma and Solana's Rise: A Shift in the Blockchain Landscape
Ethereum's Dilemma and Solana's Rise: A Shift in the Blockchain LandscapeThe approval of Bitcoin spot ETFs at the beginning of this year ignited a wave of enthusiasm in the crypto market, pushing Bitcoin prices to new highs and creating a sense of prosperity. However, this rally didn't extend to Ethereum as expected
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Ethereum "Halved": Crypto Market Turmoil Amid Financial Fears
Ethereum "Halved": Crypto Market Turmoil Amid Financial FearsThe global financial market turmoil is sweeping the cryptocurrency market. Over the past 24 hours, the global cryptocurrency market capitalization has dropped by over 10%, with major cryptocurrencies like BTC and ETH experiencing significant price declines
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Ethereum (ETH) extends losses by 3% today after yesterday's 23% surge
Ethereum (ETH) extends losses by 3% today after yesterday's 23% surgeOn May 22, Ethereum (ETH) extended its intraday losses by 3%, currently trading at $3,660, following a 23% surge yesterday.
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Ethereum ETF Debut Met With Tepid Response Amidst Increased Market Volatility, Future Trajectory Uncertain
Ethereum ETF Debut Met With Tepid Response Amidst Increased Market Volatility, Future Trajectory UncertainDespite the highly anticipated launch of a spot Ethereum (ETH) exchange-traded fund (ETF), Ethereum's price did not experience a significant surge as many had projected, displaying little reaction to what was expected by many to be a major market catalyst. Analysts predict that Ethereum will mirror Bitcoin's pricing trends following its ETF launch, pointing out that Bitcoins price did not immediately skyrocket after its own ETF debut
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Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?
Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0
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Binance CEO CZ Talks Decentralized Exchanges, Launchpad, BNB Price and More in AMA
Binance CEO CZ Talks Decentralized Exchanges, Launchpad, BNB Price and More in AMAIn the second "Ask Me Anything" live session, Binance CEO Changpeng Zhao, known as CZ, answered questions about decentralized exchanges, the Binance ecosystem, and other topics. He also shared Binance's vision for the future
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Currently, the dogecoin (DOGE) faces a critical juncture with market sentiment and key support trends
Currently, the dogecoin (DOGE) faces a critical juncture with market sentiment and key support trendsAfter experiencing some fluctuations for a period of time, DOGE seems to be at a critical juncture, especially in the context of a bearish signal displayed on the weekly chart. Recent analysis from a post on X platform indicates that DOGE has fallen back to the previous reversal resistance area below, implying potential further downward pressure
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Market Sentiment Under the Tug-of-War Between Bulls and Bears: Analyzing BTC, ETH, SHIB, and Other Assets
Market Sentiment Under the Tug-of-War Between Bulls and Bears: Analyzing BTC, ETH, SHIB, and Other Assets Market data reveals a current bull-bear ratio of 50.56%/49