Ethereum Gas Fees Stabilizing, But is This Better for Users?

beincrypto.com It’s now been three weeks since the Ethereum London hard fork and the deployment of EIP-1559 and it appears that gas fees have become a little more predictable as intended. The London upgrade and EIP-1559 was deployed on Aug 5, changing the way transaction fees are calculated while burning a portion of them. The …

Bitcoin traders brace for Fed, options expiry as BTC price clings to $47K

cointelegraph.com Bitcoin (BTC) hovered near $47,000 on Aug. 27 as traders took no chances on the day of the Federal Reserve’s Jackson Hole summit. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView End-of-month cold feet for Bitcoin traders Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fluctuating in a range centered on $47,000 during Friday. The …

Upland Metaverse Partners with EOS to Combat Blockchain Sustainability

blocktribune.com As crypto and NFTs go more mainstream, it’s harder to ignore glaring sustainability problems. Upland, a virtual property blockchain metaverse for buying, selling, and trading NFTs of virtual properties linked to real maps, is partnering with EOS and ClimateCare to fight toward blockchain sustainability. EOS is the world’s first carbon-neutral blockchain and is 66,454 …

Cardano360 Alonzo Purple Testnet Community Achievements

coinquora.com Cardano360 is going to stream. August edition equips with data about Alonzo and Cardano smart contract. The IOHK team discusses all the achievements from the last couple of weeks. Recently, a Twitter post of the Input-Output HK said that the Cardano 360 August edition is going to stream. Besides, it is equipped with data …

Solana ($SOL) Defies Bearish Market Trends to Post New ATH, is $100 Next?

coingape.com Solana ($SOL), the tenth-largest cryptocurrency by market cap continued its bullish momentum and posted another ATH of $84.00 earlier today. The altcoin gained 24% over the past 24-hours even when most of the crypto market moved sideways, recovering from yesterday’s correction. SOL was the only altcoin in the top-10 to have recorded a double-digit …

120,000 ETH Outflows Binance, Bithumb as Ethereum Challenges Bitcoin Dominance

u.today South Korean on-chain data vendor CryptoQuant has shared that just recently, an astounding amount of Ethereum has been withdrawn from multiple spot crypto exchanges – approximately 60,000. Half of that was take off Binance alone. Besides, another 60,000 ETH was moved from major South Korean digital exchange Bithumb. Meanwhile, a top Bloomberg forecaster has …

Bitcoin (BTC) Falls to Support After Rejection from $50,000

beincrypto.com On Aug 16, Bitcoin (BTC) created a bearish engulfing candlestick and broke down from an ascending support line in the process. BTC is in the process of validating the line as resistance, after which it could resume its descent towards the closest support area. BTC continues descent BTC has been decreasing since it reached …

What Does Ethereum 2.0 Mean for Scaling Solutions Like Polygon?

decrypt.co The coming arrival of Ethereum 2.0 is supposed to make the Ethereum blockchain more usable: better security, faster and cheaper transactions, and fewer headaches over whether those transactions even went through. In short, it will allow the network to scale. For several months, decentralized application (dapp) users have relied on Polygon, a so-called second-layer …