Tag: gas fees

May 18 2022

Robinhood To Roll Out Standalone Ethereum Wallet

Popular crypto and stock trading platform Robinhood enters the NFT space with a standalone multichain Ethereum wallet similar to the likes of Coinbase and Metamask which are Web3-focused products. The non-custodial crypto wallet allows storage of varied NFTs which is also designed to be compatible with NFT marketplaces. There is a...

May 04 2022

2 Possible Reasons Why Ethereum Gas Fees Went So High

May 04 2022 Published at Altcoin Buzz under tags  ethereum gas fees spotlight

If you ever wanted to purchase an Ethereum-based NFT, you would have to pay a transaction fee to register it on the blockchain. That cost skyrocketed last week. In this article, you will find out what are the reasons for that jump in the price of Ethereum transaction fees. For each activity that must be recorded on the blockchain, Ethereum charges a price...

Apr 15 2022

Why Ethereum’s Merge Was Delayed and Why It Won’t Reduce Gas Fees Much

Apr 15 2022 Published at Unchained Podcast under tags  2022 beacon chain eth eth 2.0 ethereum

Tim Beiko, the Ethereum Foundation coordinator for core developers, discusses his recent estimation that Ethereum’s merge, where the network transitions from proof-of-work to proof-of-stake, will be delayed until the second half of 2022. Show topics: what the Ethereum merge is...

Mar 15 2022

Mar 14 2022

Gas fees: Ethereum is now cheaper than Polygon

Mar 14 2022 Published at CryptoSlate under tags  analysis eth ethereum gas fees matic

Who would have guessed Ethereum gas fees would ever be cheap again? Sometimes the past week, gas fees have been as low as just 10 gwei per gas unit even for high-priority transactions. As one gwei is one-billionth of an eth, this means a transaction on Ethereum (ETH) mainchain can be as affordable...

Mar 09 2022

Ethereum Fees Fall To 6-Month Low As NFT Mania Fades

Why are Ethereum's gas fees falling? After all, it wasn't that long ago that merely approving a transaction on the network cost an arm and a leg, let alone starting to swing your digital scythe in a yield farm. We're now seeing moves for less than ten dollars. The answer? NFTs. Ethereum Gas Fees Falls Even though the overall crypto market cap dropped...

Feb 16 2022

Why Twitter Put Ethereum Gas Fees In The Spotlight

Feb 16 2022 Published at Bitcoinist.com under tags  eth ethereum gas fees tip twitter

Twitter just enabled Ethereum wallets to the tipping jars feature on creators' profiles. The news was met with skepticism and jokes from users who pointed out that it would not be practical to send tips using a network that can charge you gas fees much higher than the money you want to send. What Are Twitter Tips The platform explains that "Tips is...

Feb 14 2022

Winter Sale: Ethereum gas price at 6 months low

Feb 14 2022 Published at CryptoSlate under tags  analysis ethereum gas gas fees price watch

The price of ether (ETH) is back below $3000 trailing bearish movement in the general crypto market, following negative macro sentiments, most of all the threat of war in Ukraine. Zooming out, there is no lack of positive development surrounding the...

Feb 02 2022

USDC blacklist cost users an extra $3.6 million – per month

Feb 02 2022 Published at CryptoSlate under tags  centre defi gas gas fees legal

Stablecoin USDC is getting increasingly popular among crypto users and ditto institutions, so much so that USDC, the second-largest stablecoin by market cap, is on a steady streak narrowing the distance to market leader, Tether’s USDT. Just this week, USDC broke the $50 billion mark chasing USDT’s $70 billion in total market cap. Deployed in mid-2018 and issued by the American...

Jan 20 2022

Ethereum May Be Losing Out To Competitors Due To High Gas Fees, Says JPMorgan

JPMorgan has piled on the ethereum high gas fee issue as a reason why it could end up losing out to competitors like Solana and Cardano. These other projects past significantly fewer transaction fees than ethereum, being one of the major pull points for investors. Due to this, it is increasingly losing users to other platforms who have found they can carry out...

Jan 18 2022

Ethereum gas fee tokens poor performers, Ponzi accusations

Jan 18 2022 Published at CryptoSlate under tags  analysis coin intros ethereum gas gas fees

Without any sign of gas fees on Ethereum being less of a pain to users, the fees continue to be a hot topic, and a driving force and tailwind for so- called Layer-1 competitors such as Solana and Avalanche, both of whom boast much lower fees. As Ethereum gas fees stir some frustration among its users, there’s perhaps no surprise some are trying to...

Jan 06 2022

Jan 04 2022

Dec 30 2021

Gas DAO drops GAS tokens, becomes gas guzzler of the day

Dec 30 2021 Published at CryptoSlate under tags  dao ethereum ethereum gas fees gas gas fees

Gas fees, the fees users pay to transact and to use applications on the Ethereum blockchain, has been on the rise for quite some time, both in monetary terms and in terms of the ire of the users. However a sign of the popularity of the second-largest blockchain by market cap, few enjoy paying the fees required. To that end, a newly formed...

Nov 11 2021

Ethereum Fees Spike Significantly Following Success Of ENS

Nov 11 2021 Published at Bitcoinist.com under tags  ens ens airdrop eth ethereum ethereum fees

The ENS airdrops have been one of the most anticipated airdrops on the Ethereum network. Owners of .ETH domain registered before October 31st was able to claim the tokens. Social media was abuzz with talk of the airdrop and the valuable tokens. The website where claims could be made went up on November 8th and users have been claiming their tokens since then....

Jun 03 2021

ETH Gas Fees Are Under $10

June 3, 2021 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ Master Ventures launched a $30M fund focused on Polkadot...

Feb 26 2021

Binance Temporarily Suspends ETH and ERC-20 Token Withdrawals

Popular cryptocurrency exchange Binance on Monday briefly suspended ETH and ERC-20 token withdrawals on its platform. This decision by the exchange was fueled by the unprecedented price fluctuation recorded in the entire cryptocurrency space, which subsequently led to a spike in Ethereum gas prices. In response to this turn of events, Binance announced the suspension of withdrawals of ETH and ERC-20 tokens. The...

Feb 05 2021

wNews: Ethereum Hits All-Time High, Shutting Out Retail DeFi Investors

Feb 05 2021 Published at Crypto Briefing under tags  alt season analysis gas fees indices nfts

This week's edition of wNews dives into why Ethereum and DeFi are currently surging. More importantly, though, the space was again faced with staggering gas fees reminding newcomers that it's a whale's game. Portfolio size aside, Bitcoin traded sideways this week after a rather volatile January. Data suggests that dip-buying is the current trend...

Dec 18 2020

Ethereum Remaining Off Exchanges as Gas Fees Spike Again

Dec 18 2020 Published at Coingape under tags  eth eth 2.0 ethereum gas fees news

A number of notable on-chain metrics for Ethereum have emerged recently as its price hit its highest level since May 2018. Ethereum prices have remained stable at around $645 over the past 24 hours as big brother hovers just below its newly formed all-time high. The second largest crypto asset in the world hit a The post Ethereum Remaining Off Exchanges as Gas...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: