Ethereum Fees Take a 70% Dive as Self-Custody Adoption Gains Momentum
Newly released data suggests that self-custody has experienced a notable surge while Ethereum fees have plummeted by 70%. After hitting a peak of $14 per ETH transaction in May, the average Ethereum fees have now decreased to $4.3, returning to their usual levels. Ethereum users have been struggling with high transaction costs for a long time. Thus, the recent reduction …
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Cardano Transaction Fees Soar to New Heights in August 2022
According to Messari data, Cardano, the third-largest smart contract platform by market capitalization, has experienced a significant increase in transaction fees. On May 28, the Cardano network recorded a remarkable surge in transaction fees, reaching a record high of $15.2K, the highest since Aug. 11, 2022. This indicates a surge in network activity and demand. Cardano Reaching New Heights Ethereum, …
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Visa’s Paymaster Smart Contract Goes Live on Ethereum Testnet
Visa, the global leader in payments solution, has introduced its first paymaster smart contract on the Ethereum Goerli testnet. Cuy Sheffield, Visa’s Head of Crypto, announced this development on Twitter, stating the company’s eagerness to continue investigating and exploring account abstraction and ERC-4337. All about Paymaster This smart contract named Paymaster, operates as a patron for transaction fees of contract …
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Ethereum’s Latest Upgrade ‘Shapella’ Goes Live, Boosting ETH Price
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summy Morphe
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April 13, 2023
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Crypto, Ethereum, News
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0 Comments
The much-awaited Ethereum upgrade ‘Shapella’ goes live, bringing a range of new features to the blockchain network. The upgrade was implemented on April 13, 2023, at 22:42 UTC, and marks a significant milestone in Ethereum’s development. Shapella’s main goal is to improve Ethereum’s scalability and security, making it faster and more efficient to use. The upgrade will enable faster transaction …
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Massive $34 Billion Ethereum (ETH) Influx Set to Shake Up Market in 24 Hours
As the Shapella upgrade approaches, Ethereum is finalizing its transition to a proof-of-stake (PoS) consensus mechanism. This will enable validators to withdraw approximately $34 billion worth of staked Ethereum. The imminent release has given rise to speculation about its potential impact on the cryptocurrency market, especially since a substantial proportion of the locked ETH is already liquid due to staking …
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Ethereum-based Solutions for Cross-Border Payments and Remittances
Introduction Cross-border payments and remittances are an essential part of the global economy. However, traditional methods of sending money across borders are often slow, expensive, and prone to errors. Ethereum-based solutions offer a faster, cheaper, and more secure way to send money across borders. In this article, we’ll explore some of the Ethereum-based solutions for cross-border payments and remittances. Ethereum-based …
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Why Ethereum Looks Ready For Another Leg Lower Below $3K
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summy Morphe
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August 27, 2021
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Ethereum
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0 Comments
Ethereum failed to clear the $3,200 resistance and declined further against the US Dollar. ETH price is now at a risk of more downsides below $3,050 and $3,000. Ethereum settled below the $3,200 pivot level and extended its decline. The price is now trading well below $3,200 and the 100 hourly simple moving average. There is a key bearish trend …
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Ethereum Extends Decline, Why ETH Could Revisit $3K
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summy Morphe
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August 25, 2021
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Ethereum
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0 Comments
Ethereum extended its decline below the $3,200 support against the US Dollar. ETH price is at a risk of more downsides below the $3,120 support zone. Ethereum extended its decline below the $3,250 and $3,200 support levels. The price is now trading below $3,250 and the 100 hourly simple moving average. There is a key bearish continuation pattern forming with …
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Ethereum Reverse Losses, What Could Spark Rally To $3,500
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summy Morphe
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August 20, 2021
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Ethereum
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0 Comments
Ethereum remained well bid above the $2,950 support against the US Dollar. ETH price started a fresh increase and it could even surpass the $3,300 resistance. Ethereum started a fresh increase above the $3,120 and $3,200 resistance levels. The price is now trading above $3,150 and the 100 hourly simple moving average. There was a break above a crucial bearish …
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Ethereum (ETH) Faces Rejection, Why ETH Could Revisit $3K
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summy Morphe
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August 17, 2021
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Ethereum
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0 Comments
Ethereum failed once again to clear the $3,330 resistance against the US Dollar. ETH price is now at a risk of more losses below the $3,120 support zone. Ethereum failed on two occasions to clear the $3,330 resistance zone. The price is now trading below $3,200 and the 100 hourly simple moving average. There was a break below a key …
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