Bitcoin Transaction Fees Drop Despite High Price The Current State of Bitcoin Transaction Fees Despite the price of Bitcoin hovering around $100,000, transaction fees associated with the popular cryptocurrency have hit multi-year lows. This unexpected trend has left many in the industry scratching their heads, as traditionally high prices have
SAND’s breakout from the falling wedge could fuel further gains Understanding SAND’s Breakout SAND, also known as Sandstorm Gold Ltd., has recently broken out from a falling wedge pattern on the charts. A falling wedge is a technical analysis pattern that signals a potential bullish reversal. In the case of
Understanding the Recent Ethereum Gas Limit Increase What Happened? Over 50% of validators recently signalled approval, automatically raising the Ethereum gas limit beyond 31 million without the need for a hard fork. This decision was made to improve the efficiency of the Ethereum network and address concerns related to network
The Ethereum Network and the Gas Limit Increase The Ethereum network has recently made a significant change by increasing its gas limit to more than 30 million, with over 50% of validators indicating their support for the adjustment. This change has been closely tracked by data from gaslimit, showcasing the
The Impact of Spot Bitcoin ETF Outflows on the Market Spot Bitcoin ETFs See a Net Outflow On Feb. 3, spot Bitcoin ETFs saw a net outflow of approximately $235 million, marking the first net outflow after a four-day streak of net inflows totaling $1 billion. The outflows follow Bitcoin’s
Solana (SOL) Faces Price Dip Despite ETF Approval Optimism A Challenging Phase for Solana Solana (SOL) has faced a challenging phase recently, with its price dipping below the $200 mark, despite growing optimism surrounding a potential ETF approval. The odds for a Solana ETF approval in 2025 have soared to
The Rise of Crypto Market Cap The Surge in Market Cap Over the past 24 hours, the total cryptocurrency market capitalization has experienced a remarkable recovery of $250 billion. This surge comes after a period of uncertainty and volatility in the market, signaling a potential shift in the overall sentiment
Has Trump’s Meme Coin $TRUMP Lost Its Shine? The Rise and Fall of $TRUMP Trump’s meme coin $TRUMP, which gained popularity for its association with the former president, has seen a significant decline in value recently. The coin has crashed over 75% from its peak, leaving investors wondering if there
Bitcoin Mining Challenges The Decline of Bitcoin Mining Profits Bitcoin mining, once a lucrative venture for many, is now facing some of its toughest challenges in years. Mining profits have fallen to their lowest levels since 2015, largely due to plummeting transaction fees and mounting competition from artificial intelligence (AI)-driven
Eric Trump: ‘It’s a great time to add $ETH’ Donald Trump’s second son, Eric Trump, recently made headlines when he commented on the current state of the cryptocurrency market. As $ETH (Ethereum) plunged over 20% yesterday, Eric Trump saw an opportunity and encouraged investors to consider adding Ethereum to their
Date: February 4, 2025 Overview of France’s Automotive Sector The latest figures for France’s new car registrations present a significant downturn, with a year-on-year (YoY) decrease of 6.2% reported today, far below both the previous figure of 1.5% and the forecasted growth of 2.2%. This sharp decline in registrations represents
Understanding the Auction Results On February 4th, 2025, the United Kingdom held its latest 5-Year Treasury Gilt Auction which concluded with an actual yield of 4.276%. This marks a significant decrease from the previous auction result of 4.49%, a change of -4.766%. While forecasts were not explicitly stated, the low-impact
The Impact of President Trump’s Tariffs on the Crypto Market Introduction President Donald Trump’s announced tariffs on major trading partners, China, Canada, and Mexico, had a significant impact on the overall crypto market. The news of these tariffs led to a sell-off and increased selling pressure on altcoins. Market Reaction
Overview of Spain’s 6-Month Letras Auction On February 4, 2025, Spain’s 6-Month Letras auction closed with an actual yield of 2.355%, marking a significant decrease from the previous yield of 2.535%. Though the impact of this auction is categorized as low, the 7.101% change represents a noteworthy shift in Spain’s
On February 4, 2025, the Spanish government conducted its 12-Month Letras auction, yielding an actual rate of 2.221%, a decline from the previous rate of 2.367%, marking a -6.168% change. While the auction’s immediate impact was assessed as low, its implications resonate both domestically and internationally as economies navigate through
Slovenia’s Trade Balance: An Alarming Trend On February 4, 2025, Slovenia’s balance of trade reported a significant drop, recording a deficit of €882.4 million. This staggering figure overshot forecasts of €-100 million and represents a substantial increase from the previous deficit of €292.8 million. Despite the low impact currently assigned
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