The seven-day moving average transaction fee on the Ethereum network fell to $0.77 on February 15, up from $2.57 just a week earlier, with transaction fees down 70% month-on-month. While lower transaction fees typically boost user activity, the extent of the sharp decline, especially the long-term downtrend, suggests it is more due to weak demand. The drop brings transaction costs to their lowest level in four years in dollar terms. The last time transactions were this cheap on Ethereum was back...
LME non-ferrous metals analysis, through the analysis of the fundamentals of copper, nickel, zinc, aluminum, lead, tin, and technical indicators such as moving averages, MACD, RSI, etc., to interpret the current market conditions and provide support/resistance and target reference.
After the release of PPI, U.S. short-term interest rate futures did not change much, and the market still generally expects the Federal Reserve to maintain policy rates unchanged until September.
The dollar's decline against the yen stalled near its 50-day moving average, and traders adjusted their strategies ahead of the Bank of Japan's decision! Click to view...
Citi said it expects the Reserve Bank of Australia to hold its ground in February and cut interest rates for the first time in May. It is expected to cut interest rates by a total of 75 basis points this year. (Jin Ten)
ETH has gained 7.5% in the past week, showing momentum towards the $4,000 mark. The gold cross, bullish technical indicators, and the RSI (Relative Strength Index) currently at 63.6 suggest that ETH has the potential to continue rising. However, the market is still at a critical juncture where support and resistance levels will determine its course. Whale activity is a key factor in the dynamics of the Ethereum market, which was recently released in early January.
Hong Kong stocks Apple concept stocks rose, BYD Electronics (00285.HK) rose more than 4.5%, Qiu Titanium Technology (01478.HK) rose more than 3%, AAC Technology (02018.HK) rose more than 2%, Shunyu Optical Technology (02382.HK) and so on.
The market shows that MOVE has broken through $1.10 and is now quoted at $1.12, with a 24-hour increase of 27.2%. The market fluctuates greatly. Please do a good job in risk control.
LME non-ferrous metals analysis, through the analysis of the fundamentals of copper, nickel, zinc, aluminum, lead, tin, and technical indicators such as moving averages, MACD, RSI, etc., to interpret the current market conditions and provide support/resistance and target reference.
LME non-ferrous metals analysis, through the analysis of the fundamentals of copper, nickel, zinc, aluminum, lead, tin, and technical indicators such as moving averages, MACD, RSI, etc., to interpret the current market conditions and provide support/resistance and target reference.
Federal Reserve Barkin: Inflation is moving in the right direction.
Federal Reserve Barkin: Inflation is moving in the right direction.
LME non-ferrous metals analysis, through the analysis of the fundamentals of copper, nickel, zinc, aluminum, lead, tin, and technical indicators such as moving averages, MACD, RSI, etc., to interpret the current market conditions and provide support/resistance and target reference.
LME non-ferrous metals analysis, through the analysis of the fundamentals of copper, nickel, zinc, aluminum, lead, tin, and technical indicators such as moving averages, MACD, RSI, etc., to interpret the current market conditions and provide support/resistance and target reference.
In the past 3 weeks, Ethereum transaction fees (7-day moving average) have skyrocketed. The data shows that its fee was $3.52 on September 21, more than triple the $0.85 on September 1. The recovery in transaction fees has also increased the destruction rate of Ethereum, which increased from 80.27 ETH on September 1 to 1,360 ETH on September 21, an increase of 1600% in three weeks. Despite the surge in transaction fees and destruction volumes, active accounts on the Ethereum network (7-day movin...