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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
11:04
Data: Morgan Stanley buys the dip, total bitcoin holdings exceed 4,300
According to ChainCatcher, Arkham monitoring data shows that Morgan Stanley has been "buying the dip" in the past week, increasing its holdings via its spot Bitcoin ETF MSBT by a total of 266.56 BTC, worth 17.26 million US dollars. As of now, its total Bitcoin holdings have reached 4,348 BTC, valued at approximately 273.8 million US dollars.
10:43
Caixin: Token exports are not yet a standardized concept and lack complete application cases
According to Caixin, Token export is not yet a standard concept in regulatory documents or corporate annual reports, and there has not yet been a fully disclosed case in the public market that can simultaneously cover both overseas clients accessing China’s AI data centers using Tokens, as well as covering the two stages of cross-border payment, clearing, and final settlement completed through central bank digital currency.
10:32
Data: If BTC falls below $60,482, the cumulative long liquidation volume on major CEXs will reach $983 millions.
According to ChainCatcher, citing data from Coinglass, if BTC falls below $60,482, cumulative long liquidation volume on major CEXs will reach $983 million. Conversely, if BTC breaks above $66,422, cumulative short liquidation volume on major CEXs will reach $694 million.
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