Paypal's crypto buying/selling is up 22%, reaching $100.44 million in volume over the past 24 hours and mainly consisting of #Bitcoin and #Ethereum.

#Ethereum on-chain fees tell a story of protocol evolution, as DEXs overtake CEXs.

Phase 1: Exchange based trading, alongside retail led ICO mania dominates gas fees.

Phase 2: Trading activity slows in the bear whilst smart contract experimentation continues.

Phase 3: DeFi + DEXs + mass CEX withdrawals dominate gas fees with Exchange related gas fees falling to only ~5% dominance.

#glassnode

Still incredibly fewer $ETH deposits and more withdrawals across all exchanges.

It's hard to say we're at the top.

Increasing exchange withdrawals could indicate #Ethereum ecosystem is growing and people are holding them, not selling.

Buy, sell, and trade #bitcoin , #ethereum, and all of the best #altcoins on Binance, the world’s #1 exchange!

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Message to all premium members :

Sol coin overtaking #Ethereum narrative is just only for hype.


Sol is good coin no doubt but now over hyped


We did dip buying. Now don't try to jump in fire.


I will wait for cool down SOL hype after that I will enter again.

So far very good ride. Still we can see one more small ride.

Buy, sell, and trade #bitcoin , #ethereum, and all of the best #altcoins on Binance, the world’s #1 exchange!

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The total number of #Ethereum name service registrations (ENS) has surpassed 2.1 million.

Hollywood actor Bill Murray’s wallet was reportedly hacked for 119 #Ethereum ($188,000).

#Ethereum's Bellatrix upgrade has taken place, the final phase before the merge to proof-of-stake.

#Polygon says #Ethereum’s merge to proof-of-stake will cancel out 99.91% of its network carbon emissions.

Switzerland-based SEBA Bank has launched #Ethereum staking for institutional clients.

Bank of America says #Ethereum’s merge to proof-of-stake may increase institutional adoption.

Since the #Ethereum Merge, the total net coin issuance has been just +2,317 #ETH.
A total of 131,454 #ETH has been issued to PoS validators, whilst 129,137 #ETH has been burned via EIP1559.

Unique addresses on the $BNB Chain crossed 230 million, surpassing #Ethereum and becoming the largest layer 1 #blockchain in the world.
The network also witnessed record breaking highs in transactional volume, reaching 9.8 million transactions in May.

ConsenSys – the #Ethereum infrastructure provider behind #Metamask – has announced that the widely used crypto wallet now lets users stake their $ETH directly from the app. 

The #SEC has approved 8 Ethereum ETFs: BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton.

This is a grand day for #Ethereum.

#Ethereum is one of the most bullish Altcoins long term. It's already trading above the previous yearly high.

Network Gas Fees paid to validators yesterday

#Ethereum $1.77m
#Solana $1.25m
#Tron $1.02m

Ask yourself why #Xrp and #Algo are not written there. Then follow the money!

#Ethereum

It is a whole lot of hopium to believe that ethereum is on the track of NVDA or AMZN. These companies had compelling plans for year over year growth and historical revenue growth to back it up. Ethereum has the opposite. NFTs are dying, onchain trading is moving to other chains, network fees are trending lower. This is really classic top of bubble delusion you see every cycle

#Ethereum’s worst strategic decision was shifting from its competitive advantage of PoW, and pivoting to PoS to appease climate changers. It literally had a massive network of miners spending millions of dollars a day securing the network. To abandon that made zero economic sense.