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Day: February 5, 2021

cryptocurrency February 5, 2021

Advertisements In brief: Ethereum miners have earned $3.5 Million in ETH in a single hour This amount is the highest in Ethereum’s history The Ethereum network is also experiencing high gas fees with an average transaction costing $12 High gas fees on Ethereum could cause an exodus by developers and users to other blockchain networks  […]

cryptocurrency February 5, 2021

Key Takeaways Ethereum’s new highs pulled the rest of the DeFi space with it, but gas fees may hamper future growth. Bitcoin has traded sideways since hitting all-time highs last month, giving space for an alt season among various DeFi tokens. NFTs are back on the rise with Hashmasks taking center stage. Thankfully, an NFT […]

cryptocurrency February 5, 2021

Advertisements Quick take: The total value locked in DeFi protocols has just hit a new all-time high of $34.2 Billion This is partly due to Bitcoin, Ethereum and several Defi tokens such as Uniswap, gaining value this week According to the team at Weiss Ratings, the potential for growth in DeFi is enormous The DeFi […]

cryptocurrency February 5, 2021

Ethereum started a downside correction from a new all-time high at $1,697 against the US Dollar. ETH price is holding gains above $1,600 and it could start a fresh increase. Advertisements Ethereum started a downside correction below the $1,650 and $1,620 levels. The price is still trading well above $1,600 and the 100 hourly simple […]

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