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According to Coinmetrics, the 7 -day moving average cost of an #Ethereum transaction as of March 9 was valued at $11.14. The average gas price of #Ether has been dropping rapidly since the start of the year, plunging all the way from 218 Gwei on Jan.10 to 40.82 Gwei as of March 9.
#Bitcoin price today, which is the world's largest and most popular cryptocurrency, was trading almost flat at $19,455.81. The global crypto market cap today remained below the $1 trillion mark, as it was flat in the last 24 hours at $942 billion.

On the other hand, #Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, slipped nearly a per cent at $1,329.98.
#Cryptocurrency prices today plunged even as #Bitcoin again below the $20,000 mark. The world's largest and most popular cryptocurrency was #trading over 2% lower at $19,980.36.

The global #crypto market cap today was below the $1 trillion mark, as it was down nearly 2% in the last 24 hours at $957.2 billion. #Ether, the coin linked to the #ethereum #blockchain and the second largest cryptocurrency, fell more than 1.5% at $1,354.10 .
Following the steep rake hike by the US Federal Reserve, top #altcoins saw a minor plunge.

The #crypto market opened on a slightly bearish note Thursday, with #Bitcoin (BTC) and #Ether (ETH) retaining the $20,000 and $1,500 price levels, respectively.
The Global #Economy Saw More Stormy Weather After #Inflation Report 

But marketcap of #crypto maintains its position with a rise of 0.37% at 1.01T

And the two biggest cryptocurrencies, #Bitcoin and #Ether, kept cruising along at about the same levels they've held for the majority of the last two weeks. #BTC remained stable at around $20,385.16, while #ETH continued to float at $1,550.24. Both prices were up slightly over the previous 24 hours.
The global #cryptocurrency market cap today remained below the $1 trillion mark, as it was flat in the last 24 hours to $797.6 billion.

#Bitcoin price today rose with the world's largest and most popular digital token #trading almost flat with a positive bias at $16,608.94. On the other hand, #Ether, the coin linked to the #ethereum blockchain and the second largest cryptocurrency, was up about half per cent at $1,198.
The global #crypto market cap stood at $798.7 billion on the first working day of 2023.

The price of #Bitcoin, the world's largest cryptocurrency, hovered around $16,600, with its #dominance currently at 40.1 per cent, which is a increase of 0.07 per cent over the day.

On the other hand, #Ether, the coin linked to the ethereum blockchain and the second largest #cryptocurrency, was also trading marginally higher at $1,200.
Happy Birthday #Ethereum 🎂

Today marks the 8th birthday of the #Ethereumnetwork and #Ether – the world’s second-largest digital asset.

5 Historic key points that contributed to Ethereum's success over 8 years.

Inception - Launched on July 30, 2015, as a blockchain platform for decentralized applications (dApps) with smart contracts.

ICO & ERC-20 - The rise of Initial Coin Offerings (ICOs) and ERC-20 tokens in 2017 expanded Ethereum's utility and adoption.

DeFi Boom - Ethereum's smart contract capabilities fueled the growth of decentralized finance (DeFi) applications.

Ethereum 2.0 - The transition from PoW to PoS began in December 2020, improving scalability and security.

Enterprise Adoption - Ethereum attracted major companies and consortiums, fostering real-world use cases and ecosystem growth.
What do you think will be the highest price of #Ether this year 2023?
Anonymous Poll
67%
$2100 - $2500
11%
$2500 - $3000
11%
$3000 - $3500
11%
Over $3500
Key Events This Week:

#Crypto #Cryptonews

📍Wed 10 Jan

🔵Anticipated Bitcoin Spot #ETF announcements by U.S. SEC

📍​Thu 11 Jan

🔵US #CPI for December

🔵US Initial Jobless Claims for the Week

🔵#Cboe Digital Plans to Launch #Bitcoin and #Ether Margin Futures Trading

📍​Fri 12 Jan

🔵December #PPI Inflation data

Four Federal Reserve members will speak before the crucial January #Fed meeting, offering insights on upcoming inflation data.
Top #CryptoNews This Week

1️⃣ In January, the US unadjusted
#CPI annual rate reached 3.1%, slightly exceeding expectations but lower than previous.

2️⃣ On Feb 15th,
#Bitcoin surpassed $52,400, achieving a market cap exceeding $1 trillion, reaching 2021 levels.

3️⃣
#Binance faces $4.3 billion fine for breaching US economic sanctions laws, money laundering.

4️⃣ Senator Elizabeth Warren celebrated Bitcoin's 15th anniversary by honoring Satoshi Nakamoto. she signed a certificate to honor
#Bitcoin creator.

5️⃣
#MicroStrategy's Bitcoin holdings surpassed $10B, with profits exceeding $4 billion, as Bitcoin approached $53,000.

6️⃣ Franklin Templeton applied to SEC for a spot
#Ether #ETF, joining firms like #BlackRock and #Fidelity.

7️⃣ Court approved
#Genesis's sale of $1.3B worth of #GBTC shares to compensate clients who borrowed digital assets.

8️⃣ Seattle Federal Court postpones Binance founder
#CZ's sentencing on money laundering charges to April 30th, reasons undisclosed.
Top #CryptoNews In Last 12 Hours

1️⃣ #Coinbase sought to launch perpetual futures contracts in Canada, engaged with #regulators for policy updates. #Kraken and #Gemini also increase Canadian investments.

2️⃣ #Ether's price surges, nearing $3,000 for the first time in almost 2 years, while Bitcoin remains steady. Public holiday in US limits #Bitcoin demand.#Altcoins show potential.

3️⃣ Bitcoin holdings on #Coinbase hit a 9-year low as whales withdraw $1B $BTC, sparking debate on supply shock or over-the-counter liquidity.

4️⃣ The #Cryptomarket saw a $2.45 billion inflow, led by the US. Bitcoin dominated with $2.42 billion. Total Assets Under Management reached $67 billion.the highest since December 2021.

5️⃣ British gov't planned #crypto rules approval by lawmakers within 6 months before 2024 election, addressing regulatory concerns. Announced by Bloomberg.
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🔵Gary #Gensler, SEC chair, spoke at Bloomberg Invest Summit. He mentioned the #EthereumETF approval process is progressing smoothly.

🔵He Claims "there's nothing inconsistent about #crypto securities and the securities laws," as they relate to #cryptocurrency.

🔵Highlights that many crypto tokens are considered securities.

#Ether #CryptoNews