Altcoin Watch
SOL demand cools as its total value locked drops by $10 billion and memecoin trading slumps. Traders’ lack of appetite for long leverage could further complicate the situation.
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Fees News
Cryptocurrency fees can be defined as money (usually in the form of one of the virtual currencies) that is paid as a on top of a transaction. The most common way to charge a fee is by taking a commission, i.e. some percentage from the amount of the transferred money. At the moment, a lot of transactions can be completed without any cryptocurrency fees unless the transaction includes a large amount of data. As miners function as the handler of transactions, they also receive commissions since each new block of the blockchain consists of their operations and, for example, a fee from Bitcoin as well. It is optional to require a commission, but any user that has found a block can include fees by their own choice. In the future, when the rewards for creating a new block will be reduced, miners will get most of their profit directly from the fees.
- Market Analysis
XRP’s slide below $2 pushed its funding rates to extreme lows, an occurrence that generally incentivizes bulls to pile in. What’s holding traders back this time?
3921 - Market Analysis
Ethereum’s base layer demand softened in November, but ETH’s underlying price supports and strong layer-2 growth show the network still has momentum despite a drop in fees and TVL.
3572 - News
Buterin proposed a system akin to prediction markets for gas fees, to provide Ethereum users with a means to hedge against future network fee volatility.
3190 - News
After securing $20 million in seed funding for the project in January, Brian Shroder announced a step toward 1Money’s planned stablecoin network.
2359 - Market Analysis
Ether price surged to $3,000 on Tuesday, but lagged behind the US stock market rally as muted demand for ETH derivatives and growth in competing blockchains kept traders skeptical.
3759 - Market Analysis
ETH investor sentiment wavers as onchain activity and bearish derivatives positioning leave whales unconvinced, reducing the odds for a rally to $4,000.
3934 - News
A suspected airdrop farmer burned through their entire $112,000 of MON rewards in hundreds of failed transaction attempts.
2657 - News
Operated by SoftBank, the backer of one of the world’s top 10 public Bitcoin holders, PayPay is integrating with Binance Japan ahead of its expected US IPO in December.
4552 - Market Analysis
ETH price fell below $3,000 for the first time since July. Cointelegraph explains what is required for a trend reversal.
6938 - Market Analysis
Ether’s struggle to reclaim $4,000 is the result of weakening onchain activity, a decline in fees and competition from Solana, BNB Chain and upcoming altcoin ETFs.
6622 - Altcoin Watch
Solana’s fundamentals remain strong, but its recovery toward $250 will depend on easing geopolitical risks and renewed confidence in tech markets.
5840 - News
The cheap network fees are a boon for traders but could signal long-term fundamental issues with Ethereum's revenue generation model.
4146 - Market Analysis
Weak demand from spot Ethereum ETFs, soft derivatives data, and macro fears have left Ether struggling to sustain $3,400 despite signs of steady onchain activity.
7082 - News
Revolut has made on and off-ramping to crypto easier by removing fees, spreads and other costs, allowing users to convert USD and stablecoins at a 1:1 ratio.
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