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Ethereum and Bitcoin transaction fees tank amid high network activity and market turbulence
Ethereum and Bitcoin transaction fees tank amid high network activity and market turbulence

Share link:In this post: Ethereum and Bitcoin transaction fees drop to multi-year lows, making transactions more affordable. Layer 2 (L2) solutions on Ethereum are experiencing record-high activity. Bitcoin transaction fees have also decreased, reaching $1.94 per transaction on June 24Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consu

Cryptopolitan·2024/06/24 15:52
Ethereum ETF launch preceded by high network activity, low gas fees, and price weakness
Ethereum ETF launch preceded by high network activity, low gas fees, and price weakness

Share link:In this post: Ethereum ETFs are reportedly set to launch in July. The SEC’s decision is expected to come after the S-1 amendments have been completed. Ethereum’s price does not reflect the increased market activity and falling gas fees leading up to the ETF listings.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation

Cryptopolitan·2024/06/24 15:52
Bitcoin’s June 2024 – How low can BTC go?
Bitcoin’s June 2024 – How low can BTC go?

Share link:In this post:Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Cryptopolitan·2024/06/24 15:52
Flash
15:57
No surprise, the "Buddy" account was partially settled again half an hour ago, with the account now holding only $15,000
BlockBeats News, June 5th, according to Hyperinsight monitoring, despite tonight, the "buddy" had actively reduced leverage to avoid liquidation, unfortunately, the liquidation price was too close to the market price, and its Ethereum long position was partially liquidated again half an hour ago. In addition, the "buddy" also transferred $12,500 to Hyperliquid an hour ago, with the collateral value of the long position now only $15,287.62, holding 352 ETH in the long position.
15:41
Bitwise CIO: US Stocks, Crypto Down in Tandem Possibly Due to Mega IPO
BlockBeats News, June 5th, Bitwise CIO Matt Hougan stated in a post that despite strong job data, both the US stock market and cryptocurrency experienced a sharp pullback today. This is because the market is concerned that the upcoming mega IPOs (such as SpaceX, Anthropic) could drain liquidity and serve as a short-term top signal for the tech rally.
15:30
Nasdaq Declines by 2%, Nvidia Shares Drop by 4%
On June 5, U.S. stocks extended their losses, with the Dow Jones Industrial Average down 0.27%, the S&P 500 down 1.08%, and the Nasdaq Composite down 2.02%. Among popular stocks, Nvidia shares fell by 4.01%, TSMC shares dropped by 3.98%, Broadcom shares decreased by 4.67%, Micron Technology shares fell by 5.92%, Advanced Micro Devices shares dropped by 6.45%, ASML shares declined by 3.67%, Intel shares fell by 6.28%, ARM shares decreased by 8.24%, and Tesla shares dropped by 3.61%.
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