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The fee for gas in the Ethereum blockchain has fallen to 6 Gwei as of May 11. The figure was at this level in January 2020.
At such figures, experts say that a swap will cost an average of $6.2, while selling NFT will cost about $10.5. Borrowing would cost $5.7, and a crosschain transfer would cost $2.
The reduction of commissions in the network began to occur after the launch of the Dencun hardfork, which, in turn, allowed to significantly reduce commissions in the L2 networks of the ecosystem, especially on the basis of Rollups technology.
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Good morning!
β Fear/Greed index: 66 - greed
π Morning news roundup:
π£ MtGox is preparing to release 142,000 BTC and 143,000 BCH by October 31.
π£ Recent trendsand recovery in the cryptocurrency market.
π£ Crypto investment products are seeing their first influx in weeks.
π£ Tether CEO and Ripple CEO argue over USDT - Brad Garlinghouse says, "I didn't attack Tether."
π£ Uniswap founder says that Biden's indifference to cryptocurrency could cost him the election.
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The market is on the upside today, with most alts in the green. BTC is now trading around $62,520. ETH is around $2945.
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PEPE +21.30%
FLOKI +21.17%
PEOPLE +20.16%
NEAR +10.64%
DOGE +9.66%
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Ethereum ETF will not be approved by the SEC and U.S. exchanges until the end of 2025.
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President Joe Biden has banned a Chinese-backed cryptocurrency mining company from owning land near a nuclear missile base in Wyoming.
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Despite the current bearish sentiment, CryptoQuant experts remain optimistic.
They note the constant outflow of bitcoin from centralized exchanges, which may indicate the imminent reversal of the trend.
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However, he believes that Tether, as the largest issuer of stablecoins, has attracted the attention of U.S. authorities seeking greater control over the sector.
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Updated ChatGPT could replace a school teacher: AI helped to solve a problem by asking leading questions π€
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Tutors are shocked and parents of schoolchildren breathe a sigh of reliefπ₯³
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Today, the market is in the red, most altos are red.
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π¦ Volcano and BTC?
πΈπ» El Salvador has mined 474 bitcoins worth $29 million using a geothermal power plant powered by volcanic fuel.
El Salvador has become a pioneer in the "green" bitcoin mining initiative.
Currently, the volume of the country's bitcoin funds is5,750 BTC π
El Salvador has become a pioneer in the "green" bitcoin mining initiative.
Currently, the volume of the country's bitcoin funds is
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There are 5 memes in the top 10 cryptocurrencies by volume on Binance at once: PEPE, FLOKI, WIF, DOGE and BOME
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What $1,000 invested in the S&P 500 or another stock index would have turned into in April 2019 π
$1k in BTC turned into $13,000 over the same periodπͺ
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π£ Investors in India were the luckiest of all, nearly doubling to $1,924.π£ Buyers of the UK's leading index would get just $98 over 5 years.π£ And Hong Kong investors were generally in the negative and could only take home $598.
$1k in BTC turned into $13,000 over the same period
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The introduction of Notcoin will take place in two stages:
βͺοΈ On May 16, all Wallet users will be able to send Notcoin to their contacts in Telegram for free, top up their balances and exchange NOT in pairs with TON, USDt and BTC.
βͺοΈ17 May Notcoin will be added to the P2P marketplace. You will also be able to make NOT purchases with your bank card, withdraw funds (e.g. to TON Space) and use them to pay in Wallet Pay!
We will soon launch a special bonus campaign exclusively for all Notcoin owners. More details will follow later; Stay tuned!
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Good morning!
β Fear/Greed index: 70 - greed
π Morning news roundup:
π£ Ripple and Evmos to launch EVM sidechain for XRPL.
π£ El Salvador announces investment offerings in BTC sidechain.
π£ Robinhood launches its first crypto-staking product.
π£ In numbers: more than 1 million new crypto-tokens issued since April.
π£ CME Group prepares to launch BTC spot trading amid Wall Street interest.
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The market is on the upside today, with most alts in the green. BTC is now trading around $65,825. ETH is around $3005.
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The exchange is developing a service aimed at non-governmental pension funds, which make up about a quarter of the country's pension system.
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