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Ethereum fees spike as the network prepares for Dencun The recent rise in price and volume of Ethereum has caused reactions in fees. Recently, Ethereum’s [ETH] transaction fees have surged. This increase aligns with the ongoing upward trend in the asset’s price and the network’s preparations for an upgrade to reduce fees in the ecosystem. An examination of transaction fees on the Ethereum network indicates a continuous increase since the beginning of March. According to the chart on Glassnode, fees at the start of the month were approximately 6,300 ETH. At the time of this writing, fees have surged to over 9,000 ETH, marking the highest range observed in over ten months. The fee escalation aligns with the observed rise in transaction volume over the past few weeks. It also coincides with the Ethereum developers establishing a date for the latest update. Source: Glassnode The Ethereum ... Full Article 👇 AI Analysis 👇#TrendingTopic #ai #WLD #BTC #Launchpool
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Hedera, Optimism, and Pullix see uptick in trading amid volatility Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In a shift from typical market reactions, Hedera (HBAR), Optimism (OP), and Pullix (PLX) experience increased trading volumes, highlighting sustained investor interest despite price volatility. Hedera and Optimism showcase significant trading activity, while newly listed DeFi coin Pullix joins the trend with notable momentum, with nearly $3 million in trading volume recorded 48 hours after its listing on Uniswap. Hedera token is currently experiencing a daily trading influx of over 119.65%. This significant increase is attributed to its strong community support, which gives the token an 86% bullish rating. Subsequently, Hedera’s price has increased by over 13.21% in the past 7 days and by... Full Article 👇 AI Analysis 👇#TrendingTopic #HalvingHorizons #BTC #FET #Write2Earn
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Polygon (MATIC) Breaks Above the Decessive Phase: Here are the Targets for the Current Bull Run The MATIC price underwent a strong breakout after consolidating for over a year, indicating the token to be at the foothill of a massive explosion The price experienced excessive compression, which could result in a huge upswing beyond the current ATH close to $3 Polygon is considered one of the strongest tokens in terms of fundamentals, with a quick recovery after a bearish pullback. The token did plunge below $1 during the latest bearish attack but managed quickly to regain the levels above. With this, the price has surged above the pattern that was stuck within a decisive phase, signalling the beginning of a fresh bullish move. The price is rising at times when the volume has plunged by nearly 50% compared to the previous day. Does this indicate a halt in the bearish activity? If yes, will it ... Full Article 👇 AI Analysis 👇#TrendingTopic #HalvingHorizons #BTC #ai #Write2Eam
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Did Elon Musk Buy More Bitcoins? Here’s What Data Reveals Tesla’s Bitcoin wallet shows an increase from 9,720 BTC as reported in its last earnings report, to 11,509 BTC. Reports from Arkham Intelligence suggest that Tesla Incorporation has acquired 1,000 Bitcoins since their last acquisition of BTC in 2021. However, Musk and Tesla have yet to comment on these speculations, as per Arkham Intelligence’s report. Previously, Tesla surged its Bitcoin holdings in January 2021 with a purchase of $1.5 billion. Tesla reportedly held 9,720 BTC in 2023. Tesla’s previous sale of BTC coincided with Bitcoin’s market movements. Looking into the current situation, the crypto community is curious about Musk’s renewed interest in Bitcoin. Additionally, Elon Musk’s involvement in cryptocurrency extends to SpaceX, holding Bitcoin on its balance sheet. Tesla’s Stock Decline Amidst Chinese EV Market Challenges While ... Full Article 👇 AI Analysis 👇#TrendingTopic #HalvingHorizons #BTC #Write2Earnn #Launchpool
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Nigeria’s SEC proposes guidelines for crypto firms to fight criminals The Nigerian securities regulatory authority has introduced new guidelines for crypto service providers. According to local reports, Nigeria’s SEC is moving to block criminals from interacting with the capital markets. New SEC guidance will ensure that criminals are not registered as operators in the capital markets, although it is unclear how criminality will be investigated. The guidance, which includes anti-money laundering (AML) and counter-terrorism financing (CFT) regulations, aims to prevent criminals from accessing the country’s capital market. “The SEC has also developed a new AML/CFT/CPF onboarding manual for licensing/registration and ongoing screening of Digital and VASP Beneficial Owners to ensure that criminals are not registered as operators in the capital market.” The restrictions come amid an ongoing investigation... Full Article 👇 AI Analysis 👇#TrendingTopic #BTC #BTC #HalvingHorizons #Launchpool
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