Tag: Ethereum

Ethereum Reaches a new All-time High for Gas Usage

Transaction fees affecting different cryptocurrency ecosystems in unique ways. For Ethereum, its gas used – based on a 7d moving average – has reached a new all-time high.  Every service or application built on top of Ethereum utilizes gas to operate. Ethereum Gas Usage Rises Swiftly Additionally, all regular users also pay transaction fees in gas. As such, the more popular the network becomes, the higher the gas usage will …
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Ethereum Price Analysis for June 12th – ETH Restoring After Sales

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, June 12th, the ETH price rate is growing again after the preceding major sales. It is generally trading at 233.83 USD. On D1, the ETH/USD pair keeps correcting in a developing uptrend. The quotations are moving inside an ascending channel with periodic corrections. The pair is currently trading between 61.8% and 100.0% Fibo. The MACD remains above zero. Judging by all the …
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Ethereum Surpasses 700,000 Ether in Total Network Fees

Every individual cryptocurrency network has many different statistics worth keeping an eye on. The Ethereum network recently surpassed 700,000 Ether in total fees paid, which marks a rather interesting milestone. No one can deny that there are very few successful crypto projects out there. An Interesting Milestone for Ethereum Based on user adoption, transaction values, and fees, only a handful of crypto assets make a real impact. Ethereum certainly belongs …
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How a Trader Lost $1,200 in 100 Seconds

A fool and his money are soon parted. When it comes to dealing with cryptocurrency, it’s important to know exactly what you’re doing. However, not only new crypto users fall victim to lurking predators, even a crypto OG will slip up once in awhile. Here’s a story about a reddit user – tycooperaow – losing over $1,200 in a matter of seconds. It all started with a mnemonic passphrase that was accidentally …
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