Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
All
Crypto
Stocks
Commodities & Forex
Macro
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
15:32
The US Federal Regulatory Agency has approved a plan "aimed at making AI data centers more easily connect to the US power grid."
BlockBeats News, June 18th, the U.S. federal regulatory agency approved a plan to make it easier for artificial intelligence data centers to connect to the U.S. power grid.
15:03
Oil prices
Golden Ten Data reported on June 18 that crude oil futures further widened their decline as market focus shifted to the passage of ships through the Strait of Hormuz following the signing of the US-Iran agreement. Ritterbusch & Associates stated in a report, "The wave of bearish sentiment triggered by the reopening of the strait stands in sharp contrast to the extremely tight supply factors favoring the bulls. This situation could persist until next week." The agency added that it will take time to restore supply levels, "and it is unlikely to reach 50%-60% of pre-war capacity even by August or later." The replenishment of depleted inventories will also drive a significant increase in demand.
15:03
Smith & Wesson Brands Inc. (SWBI) surged as much as 28% at the start of US stock trading, reaching $17.56, approaching the March 21, 2024 high of $18.05, the January 5, 2022 high of $18.94, and the November 19, 2021 high of $24.26.
The company reported net sales of $178.4 million for the fourth fiscal quarter, surpassing analysts’ expectations of $155.5 million. Adjusted earnings per share (EPS) came in at $0.36. Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was $30.9 million, compared to $23.5 million for the same period last year, while the market had expected $23.3 million. Adjusted operating income was $21.3 million, above the market’s forecast of $15.4 million. Expand
News