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Gas
Bitcoin is making gains Monday and Ethereum usage is hitting record highs in September. Bitcoin (BTC) trading around $10,669 as of 20:00 UTC (4 p.m. ET). Gaining 3.4% over the previous 24 hours. Bitcoin’s 24-hour range: $10,250-$10,759 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase...
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An Ethereum smart contract feature that offers rebates for fees has developers scratching their heads, wondering if they should toss the old code in light of an exponential rise in transaction costs. Called gas tokens, these smart contract loopholes are a way to send transactions on the cheap by “tokenzing” gas, the fees paid for...
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Bitcoin traders are hitting the sell button. On Ethereum, DeFi is boosting fees again. Bitcoin traded as low as $11,613 Tuesday. Traders continued selling the world’s oldest cryptocurrency after it hit a 2020 high of $12,485 on Monday. For the time being, it may struggle to break much higher from that.  “Too much resistance at...
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Bitcoin is making up for lost gains after hitting a one-week low. Over on Ethereum, the fee situation continues to be problematic for traders. Bitcoin rebounded Wednesday, making gains from a 24-hour low of $11,119 on spot exchanges like Coinbase, a price point not seen since Aug. 5.  Constantin Kogan, partner at crypto fund-of-funds BitBull...
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