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Ethereum Gas Fees Drive Gnosis-Powered Prediction Market to xDai’s Layer 2

This isn’t the CryptoKitties craze of 2017. “The situation is different now,” Stefan George of Gnosis told CryptoX. Lots of dapps are clawing for Ethereum’s compute power. If activity calms on one decentralized finance (DeFi) platform, it’s likely to perk up on another. “Ethereum is on the way to becoming a whale

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Market Wrap: Bitcoin Slumps to $10.7K; Ethereum Fees Rise Again

Bitcoin lost momentum Thursday while DeFi delirium pushes fees on Ethereum back up. Bitcoin (BTC) trading around $10,920 as of 20:00 UTC (4 p.m. ET). Slipping 0.73% over the previous 24 hours.Bitcoin’s 24-hour range: $10,735-$11,052BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin trading on Coinbase

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