Day: December 10, 2022

Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days – Altcoins Bitcoin News

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Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23 per transfer. Ethereum gas metrics recorded on etherscan.io indicate high transfer fees are even lower than the median and average-sized gas payments. Post-Merge Ethereum Fees Continue to Remain Much Lower Than Last Year On Nov. 9, 2021, the average transaction…

Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme – Bitcoin News

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Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed to climb 23.4% higher against the U.S. dollar during the past seven days. FTT Coin Pumps After Crypto Community Members and Sam Bankman-Fried Discuss a New FTT Token Idea For some odd reason, the digital asset ftx token (FTT) is still holding value…

Yuga Labs, Moonpay faces lawsuit over celebrities NFT promotion

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Yuga Labs, creators of Bored Ape Yacht Club (BAYC) and crypto fintech Moonpay are facing a class-action lawsuit for allegedly using celebrities to misleadingly promote and sell nonfungible tokens (NFTs).  Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna, Serena Williams, Post Malone, and Diplo. The class-action was filed on Dec. 8 by John T. Jasnoch of Scott+Scott Attorneys at Law LLP in the Central District of California and claims the crypto companies used its Hollywood network…

UNI Higher, DOGE in Red on Saturday – Market Updates Bitcoin News

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Uniswap was in the green to start the weekend, despite cryptocurrency markets mostly consolidating. The token rebounded from losses suffered on Friday, moving closer to a key resistance level in the process. Dogecoin, on the other hand, fell lower on Saturday as traders attempted to find a stable point of support. Uniswap (UNI) Uniswap (UNI) was one of Saturday’s notable movers, as prices rebounded from declines suffered the day prior. After sinking to a bottom of $6.10 on Friday, UNI/USD marginally rebounded, climbing to a high of $6.27 in the…

What is spot trading in crypto and how does it work?

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Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods of numerous asset managers. The process of purchasing and selling cryptocurrencies to profit is known as cryptocurrency trading.  Trading in cryptocurrencies can be defined in terms of its objective, mode of operation and trading approach. For example, the asset being exchanged, or cryptocurrency, is the goal of cryptocurrency trading. The manner in which cryptocurrencies are traded depends on…

Watch Out! Dogeliens Could Replace Avalanche And Floki Inu On Crypto Charts With Its Nft Store

Place/Date: – December 10th, 2022 at 2:37 pm UTC · 4 min read Source: Dogeliens Avalanche (AVAX) and Floki Inu (FLOKI) have been consistent players in the NFT sector of the cryptocurrency market for years. The Avalanche platform hosts a wide range of DeFi tools, while Floki Inu offers utility to its members through its versatility. However, the new Metaverse token Dogeliens (DOGET) will be looking to replace them on crypto charts after the platform officially launches. The developers are working on a sustainable platform that users will love participating…

Gensler’s approach toward crypto appears skewed as criticisms mount

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Since taking over at the United States Securities and Exchange Commission (SEC), chairman Gary Gensler has repeatedly been referred to as the “bad cop” of the digital asset industry. To this point, over the past 18 months, Gensler has taken an extremely hard-nosed approach toward the crypto market, handing out numerous fines and enforcing stringent policies to make industry players comply with regulations. However, despite his aggressive crypto regulatory stance, Gensler, for the most part, has remained mum about several key issues that digital asset proponents have been talking about…

Whales Move Over 275 Million XRP Amid Price Surge

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Amid the crypto winter and the Ripple lawsuit saga, XRP is breaking records with over a 4% price surge in 30 days. Unfortunately, the past 30 days have been terrible in the market after the FTX collapse, which broke down cryptocurrency values. However, the low price period proved very beneficial to some fat wallet holders who seized the opportunity to accumulate more assets. Ripple’s native token, XRP, recorded more recovery than Bitcoin amid whale accumulations in the past 24 hours. WhaleAlert reported that crypto whales moved over 275 million XRP…

If You’re Looking For Tokens You Can Trust, Look No Further Than Polkadot, NEAR Protocol, And Big Eyes Coin

Place/Date: – December 10th, 2022 at 2:13 pm UTC · 4 min read Source: Big Eyes Coin Cryptocurrency is a fascinating dichotomy. On one hand, critics claim that the lack of regulation is unfavorable, and cryptocurrency is used to support money laundering and terrorist activities. If you peruse through resources online, detractors of digital assets are effectively running a smear campaign against cryptocurrency. On the other hand, governments, banks, and payment processors are coming to terms with cryptocurrency. All parties are seeking ways to incorporate cryptocurrency into their affairs, legitimizing…

Cryptoons Joins the League of Other NFT Coins like ApeCoin and SuperRare

Place/Date: – December 10th, 2022 at 2:01 pm UTC · 4 min read Source: Cryptoons In this piece, we will be talking about Cryptoons. Cryptoons is an NFT platform for comic creators and fans. As a recently launched project, we can’t help but look into its unique offerings. We compare it to two popular NFT-related projects and see what makes each project stand out. These NFT-related projects are Apecoin and SuperRare. Let’s dive deep! Apecoin (APE) Apecoin is the product of Yuga Labs. We can’t talk about NFTs without talking…