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 […]

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. […]

Cardano (ADA) Price Slips Below $0.40 Amidst Rising Transaction Volume
Market Analysis

Cardano (ADA) Price Dips Below $0.40 Despite Volume Increase

June 5, 2023 0

Cardano (ADA) price is struggling to break above the critical $0.40 resistance despite rising network activity. Last week, Cardano long-term investors inadvertently triggered another ADA price correction as they booked profits. Will the bulls overturn […]

Will Binance CEO Successor Manage to Convince Regulators?
Market Analysis

Will Binance CEO Successor be CZ’s Puppet?

June 5, 2023 0

Former Singapore banking exec Richard Teng could succeed Changpeng Zhao as Binance CEO. Teng became Binance Singapore CEO in August 2021 after stints at Singapore’s central bank and stock exchange. Binance Beefs Up Compliance Amid […]