Ethereum Has Burned 1 Million ETH Since August Hard Fork
Since EIP-1559 went into effect, over $4 billion in transaction fees have been destroyed by the Ethereum network.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Inside the 15-minute trading pulse that moves $14 billion in Bitcoin perpetual futures
At 14:59:59 UTC, Bitcoin perpetual futures look like any other electronic market, with prices flickering and orders flowing from t...
How Bitmine could surpass its 5% Ethereum goal without buying more ETH
Bitmine is still buying Ethereum, even as staking may make further purchases unnecessary to reach its 5% ownership target. The Nas...
Ethereum advances scaling with EIP-8141, a new transaction type that splits one tx into up to 64 frames
EIP-8141's frame transactions enhance Ethereum's scalability, enabling efficient multi-step operations and fostering broader dApp...
Zcash breaks $1,000 as its spot ETF crosses $400 million in assets
Zcash broke above $1,000 on Sept. 4, pushing the asset value of Grayscale’s recently listed ZCSH ETF past $400 million less than t...
The $63 billion revolving door carrying the entire US Bitcoin ETF market
Bitcoin's best and newest large buyer has no face, no investment committee, and no public opinion about whether the price looks ch...
Japan’s 4% bond yield spike threatens the low-cost borrowing strategy behind corporate Bitcoin buying
Japan’s 30-year government-bond auction cleared at a 4.079% average yield on Sept. 3, underscoring a tougher backdrop for future c...