Bitcoin and Ethereum usage fees drop 70–80% as market slide continues

Bitcoin and Ethereum usage fees drop 70%–80% as market slide continues Transaction fees are falling rapidly on Bitcoin and Ethereum as the coin prices of both recede from recent peaks. Transaction fees on Bitcoin and Ethereum have fallen by 81% and 71%, respectively, over the last few weeks as the broader cryptocurrency market continues to descend from its recent all-time …

Vitalik burns $6.7B of Shiba to reward generous hodlers

Vitalik Buterin has burned nearly half of Shiba’s supply in response to the “generosity” of the “dog token communities.” Ethereum co-founder Vitalik Buterin has burned nearly half of the supply of the popular Dogecoin (DOGE) clone Shiba Inu (SHIB). In a statement embedded into the transaction on Sunday, Buterin explained why he had decided to burn $6.7 billion worth of SHIB …

These Crypto Projects on Polkadot Could Bring Huge Gains to Investors, Says Trader Elliot Wainman

Popular crypto analyst Elliot Wainman says several low-cap and upcoming crypto projects could explode in value due to their associations with the Polkadot (DOT) ecosystem. Wainman tells his 327,000 YouTube subscribers that he’s betting big on projects that will win Polkadot parachains. Polkadot, founded by Ethereum co-founder Gavin Wood, is a relay chain that does not support smart contracts itself. …

Elon Musk tweets BTC price bottom? 5 things to watch in Bitcoin this week

It’s all about Elon as Twitter provides the backdrop to an ongoing battle between hodlers and the “Dogefather.” Bitcoin (BTC) is nearing $40,000 this week as “Dogefather” Elon Musk deals out pure pain to hodlers — what’s next? After a traumatic weekend for many crypto investors, Monday is setting the stage for the next chapter in the wild 2021 bull …

City in North Dakota now accepts cryptocurrency for utility payments

A city in North Dakota is joining the cryptocurrency adoption race in the United States by starting to accept crypto payments. Hercules Cummings, finance director for the City of Williston, announced Thursday that the city administration has partnered with crypto payment firm BitPay to start accepting cryptocurrencies like Bitcoin (BTC) as payment for utility bills. “We have partnered with BitPay, …

Ether balances on centralized exchanges fall to lowest level since June 2019

Ether balances on centralized exchanges fall to lowest level since June 2019 According to analysis from on-chain analytics provider Glassnode, the sum of Ethereum on exchanges has fallen to its lowest level for almost two years. Glassnode estimates that just 13.3 million Ether is currently held on centralized exchanges, the lowest it has been since June 2019. As such, centralized …

Mark Cuban Says Game Changer Could Cause Ethereum Price To ‘Blow Up’

Billionaire investor and business tycoon Mark Cuban is unveiling a game-changing catalyst that could catapult Ethereum to even greater heights. In a new tweet, the Dallas Mavericks owner tells his 8.4 million followers that Ethereum (ETH) has the potential to take over the world of business. “The reason ETH has a chance to blow up even bigger is that we …

Dfinity’s ICP token sees violent first day of trade on major exchanges

Dfinity’s ICP token sees violent first day of trade on major exchanges Dfinity’s “Internet Computer” tokens are finally tradable after five years in the making. The launch of the Internet Computer utility token has seen a wild first day of trading after its long-awaited debut on exchanges. The ICP token from Dfinity was listed on Coinbase Pro and several leading …