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Day: June 5, 2023

cryptocurrency June 5, 2023

Advertisements Ethereum’s non-zero addresses hit an all-time high as it surpassed 100.2 million. Ethereum saw a positive funding rate as bullish sentiment dominated. Ethereum’s [ETH] quest for the $2,000 price realm wound up after encountering numerous obstacles. Nevertheless, two crucial indicators consistently pointed towards a steady upward trajectory, signaling a growing fascination with accumulating and […]

cryptocurrency June 5, 2023

The average transaction fee for Ethereum (ETH) has declined to $7.34 from $20 at the height of last month’s meme coin frenzy. Advertisements Decentralized exchange (DEX) volumes partially drove the surge in Ethereum fees while traders waited for centralized exchange listings. DEX Meme Coin Volumes Drove Ethereum Fees in May Uniswap recorded higher trading volumes […]

cryptocurrency June 5, 2023

On-chain data shows the ten largest whales on the Ethereum network are now holding 31.8 million ETH, a new all-time high. Advertisements Ethereum Holdings Of Top 10 Whales Have Now Surpassed August 2015 ATH According to data from the on-chain analytics firm Santiment, the largest ETH whales have grown their supplies recently. The largest whales […]

cryptocurrency June 5, 2023

Advertisements Besides Ethereum, Bitcoin’s meme frenzy via Ordinals has steeply declined from its high in May. The average gas fee — transaction fee — on the Ethereum network has cooled substantially in the first week of June after reaching a multimonth high in May, owing to the memecoin frenzy and much maximal extractable value (MEV) […]