$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200.
One million ETH worth have been burned since the implementation of EIP-1559 in August
On a net basis, however, the supply of Ether is still inflating at about 1.2% per year.
ShapeShift hopes to create ‘rarest and most historical’ NFTs with 80% trading card supply burn
According to the exchange, it plans to retain 16 cards from the blockchain-based game Spells of Genesis to sell before 2022 and give the remaining 16 to its DAO.
$1.2B in Ether withdrawn from centralized exchanges in record daily outflow
More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It’s the second time this year and the price went vertical last time.
Ethereum network congestion temporarily shuts down crypto gaming casino
FunFair Technologies-owned KingTiger Casino is now on the lookout for new solutions for hosting “a new range of features and games” for its participants.
Ethereum supply flips briefly into deflation as gas fees spike
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far.
Vitalik: ‘More confident about the merge’ following ETH’s successful London upgrade
The London upgrade has been a success, and now eyes are on the even more eagerly awaited merge with Eth 2.0
Ethereum network burns $395K ETH per hour after London upgrade
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke.
Dogecoin imitator Shiba Inu pumps 146% on Binance listing
The DOGE imitator gained nearly 1,000% in the past 48 hours as Binance announces it’s making room for SHIB despite Vitalik Buterin owing 50% of the supply.
Record $600M BNB burn suggests Binance made $750M in profit in Q1
Binance burned $600 million worth of BNB in Q1 2021, which means Binance possibly made over $750 million in profit.