Friday, September 30, 2022
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Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper – Bitcoin News

Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on September 15, the blockchain network’s transaction fees have been much lower than they were ten days before The Merge. Roughly four months ago on May 13, 2022, high-priority ether transactions could cost 68 gwei or $2.97 per transaction, and today

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Mt. Gox creditors fail to set repayment date, but markets to remain unaffected

Eight years ago, in 2014, the crypto world was rocked by the crippling hack of Mt. Gox, a popular Bitcoin (BTC) exchange, which was forced to shut down after miscreants were able to make away with approximately 850,000 BTC, worth more than $16 billion at today’s exchange rates. At the time

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Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel – Altcoins Bitcoin News

With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on August 28. Median-sized fees have slid to 0.00036 ether or $0.544 per transfer, and etherscan.io’s gas tracking tool notes a

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A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Prices Remain in Holding Pattern

Another bitcoin miner, Mawson Infrastructure (MIGI), said it generated $1.8 million in unaudited revenue by engaging in similar types of strategy as Riot. “When energy prices are low, Mawson engages in bitcoin mining and generates revenue by selling self-mined bitcoin daily, as it has from inception,” the miner said in

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Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious

Elsewhere, Ahmed Ismail, CEO of liquidity aggregator Fluid said that while the current positive sentiment in the market was largely due to the Ethereum news, the broader sentiment in crypto markets was “strongly linked” to the global macro-economic climate, “which is currently not very optimistic.” Source

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Monthly Ethereum options data suggests $2K will remain an elusive target

Since failing to close above the $2,000 mark, Ether (ETH) price has faced a steep 16.8% correction, but this was not enough to give bears an edge in the August $1.27 billion monthly options expiry.Ether USD price index, 12-hour chart. Source: TradingViewCurrently, there are mixed feelings about the network’s upcoming

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