Ethereum Transaction Fees Drop: Network Cools After a Busy Month
Market Analysis

Ethereum Gas Fees Decline 60% in June

June 5, 2023 0

The average transaction fee for Ethereum (ETH) has declined to $7.34 from $20 at the height of last month’s meme coin frenzy. Decentralized exchange (DEX) volumes partially drove the surge in Ethereum fees while traders […]

Ethereum

Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff

June 5, 2023 0

“Growth has been hard to predict in this extended bear market and uncertain regulatory environment,” a spokesperson for Arca told CoinDesk. “Our headcount adjustment will allow us to preserve capital and resources giving us a […]

SEC’s Lawsuit Against Binance Triggers 12% Plunge in Coinbase Shares
Market Analysis

Coinbase Shares Drop 10% After SEC Lawsuit Against Binance

June 5, 2023 0

The cryptocurrency market faces a significant shakeup as the US Securities and Exchange Commission (SEC) intensifies its regulatory scrutiny. The latest target is Binance, the world’s largest crypto exchange, accused of several securities law violations. […]