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ETH daily destruction quantity hit a new low within the yearSince the upgrade in London in August 2021, the Ethereum blockchain has launched the ETH combustion mechanism with the aim of optimizing transaction fees. EIP-1559 divides the gas fees that were originally required to be paid to miners on Ethereum into two parts: basic fees and miners' tips

The market generally believes that the core CPI (including food and energy imports) may only increase by 0.2% month on month in August, which is one of the main indicators of inflation

It is revealed that the annual transaction volume of Bitcoin exceeds that of Visa, one of the world's largest payment networks.Bitcoin recorded parabolic changes in on chain transactions in 2023

Buying orders are returning to the Ethereum futures market, indicating that negative sentiment is correcting. However, as the coinSince September 10th, ETH's buy to sell ratio has steadily increasedUnder strong resistance of $2000, ETH investment continues to yield extremely low profitsAccording to the 30 day Simple Moving Average (SMA) evaluation, the buying and selling ratio of Ethereum [ETH] recipients has climbed to its highest level since June 23rd

Rising interest rates, delayed Bitcoin ETFs, global financial turmoil, and other regulatory pressures are leading to poor performance in the crypto market.Why did the crypto market decline this week?Rising interest rates, delayed Bitcoin ETFs, global financial turmoil, and other regulatory pressures are leading to poor performance in the crypto market

The average US dollar investment age of Doggie Coin [MDIA] has been on the rise since June 2023. This indicator measures the average age of dollars invested in assets

In recent days, Bitcoin has shown signs of potential reversal, showing a daily rise for three consecutive days.The last time this pattern was observed was between early July and mid to late June, when Bitcoin rose from slightly below $25000 to over $31000

For most of this year, institutional cryptocurrency investors have been exiting the market, especially as a bear market has already formed. However, Ethereum suffered much greater losses in this regard than other assets, and the outflow of funds dragged down the decrease in total assets under management (AuM)

Ethereum (ETH) prices are currently in the recovery stage and are attempting to break through the key resistance level of $1620 against the US dollar. However, to achieve a significant increase, they must remain stable above $1650

The internet, future, and user data all indicate that Ethereum may open up new avenues.The price of Ethereum has been facing some strong resistance, and on September 11th, the price of counterfeit coins underwent a severe test, falling to the support level of $1530

Bitcoin has been a hot topic in recent years. However, as cryptocurrencies gain more attention, concerns about their environmental impact also arise

In the cryptocurrency market FUD, smaller participants have been selling their Ethereum, while larger participants are accumulating at the same time.The trading price of Ethereum (ETH), the world's second largest cryptocurrency, has been around $1650, but there have been some interesting developments in online activities