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news-imageFebruary 19, 2025

Ethereum Transaction Fee Hits Four-Year Low, Will It Lead to ETH Price Recovery?

The Ethereum blockchain network's transaction fee has dropped to a four-year low at just $0.41, which has led to mixed sentiment among the ETH community. Traders and investors are evaluating whether this development could help in ETH price surge to $3,000 and above after facing strong selling pressure in recent weeks.
Publisher: Coingape
Sentiment: Positive
ETH

More News Articles

Negative
cover-imageCointribune
February 21, 2025

Ethereum Facing Controversy: Buterin Defends His Choices

Vitalik Buterin expressed his disappointment over the accusations that Ethereum is "bad and intolerant" due to its lack of support for blockchain casinos. He emphasized that other chains readily accept any application, including gaming platforms, which some argue makes them superior.

Positive
cover-imageBenzinga
February 20, 2025

Bitcoin, Ethereum, XRP, Dogecoin Continue Slow Walk Up

Cryptocurrency markets remain bullish on Thursday, fueled by optimism over potential altcoin ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,414.37 +2.6% Ethereum (CRYPTO: ETH) $2,753.73 +1.7% Solana (CRYPTO: SOL) $174.54 +3.5% XRP (CRYPTO: XRP) $2.71 +1.9% Dogecoin (CRYPTO: DOGE) $0.2543 +1.1% Shiba Inu (CRYPTO: SHIB) $0.00001555 +1.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 8.6% and daily active addresses falling by 11.6%.

Negative
cover-imageBenzinga
February 20, 2025

Bitcoin, Ethereum Face Downside Risk As Institutional Demand Fades, JPMorgan Says

JPMorgan analysts have raised concerns over declining institutional demand for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) futures, suggesting this trend could contribute to broader weakness in the cryptocurrency market. What Happened: The analysts observed that futures contracts for both cryptocurrencies on the Chicago Mercantile Exchange are approaching a condition known as backwardation, where futures prices drop below spot prices, according to The Block.

Neutral
cover-imageBenzinga
February 20, 2025

Vitalik Buterin Criticizes Blockchain 'Casinos,' Suggests Ethereum Won't Follow Solana's Approach To Meme Coins

Ethereum co-founder Vitalik Buterin has voiced his disappointment with criticism that Ethereum (CRYPTO: ETH) is “bad and intolerant” for not embracing “blockchain casinos.” What Happened: In response to a query on Tako, Buterin revealed that the criticism is that Ethereum “do not respect casinos” on the blockchain.

Positive
cover-imageBenzinga
February 20, 2025

Ethereum ETF News Could Spark 'Massive' Move, Traders Say

Ethereum (CRYPTO: ETH) remains in a sideways range, but rising ETF inflows, whale accumulation, ETF applications are fueling speculation of a major rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $2,741.19 $330.5 billion +0.6% +3.3% Bitcoin (CRYPTO: BTC) $97,204.60 $1.92 trillion +0.8% +1.4% XRP (CRYPTO: XRP) $2.68 $155.09 billion +2.4% +9.8% Trader Notes: Crypto trader Mikybull Crypto noted significant Ethereum accumulation, predicting that once ETH starts moving, the rally will be "massive.

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