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Gas fees on the Ethereum network are through the roof!

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Forwarded from Coach
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Charles Hoskinson, founder of Cardano, co-founder of Ethereum:

"I'd rather be a crypto guy than a banker right now."

@Coach
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Winner of the meme season is not $pepe, $mong, $bob, $turbo, etc.

Winner is Ethereum.

What's already a delationary token, the gas guzzlers are burning Ethereum like crazy.

Last week alone we saw 37k ETH being burnt.

Do you hold Ethereum?

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๐Ÿ‘14โค4
The stablecoin DEI issued by the DeFi protocol DEUS was hacked, and the BSC chain lost $1.3 m, the loss on Arbitrum exceeded $5m. DEUS stated that it has suspended relevant contracts and burned DEI with the help of white hats to prevent further damage. Previously, DEUS Finance had been attacked twice before, losing tokens worth $3 million and $13.4 million.

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โ€œIf I put $500 in $PEPE 3 weeks ago itโ€™d be worth over $2M now.โ€

No.

If you put $500 in 3 weeks ago and watched it go to:

$5k $50k $100k $200kโ€ฆ

and did nothing

Then watched $200k go to $60k

and still did nothing

Then watched $60k go to $750k

and still did nothing

Then watched $750k go to $350k

and still did nothing

The watched $350k go to over $2M

and then for some reason decided to do somethingโ€ฆ

Then yes, $500 3 weeks ago would be worth over$2M now.

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What type of a trader are you?

๐Ÿ”ฅ Sell at a loss
โค๏ธ Hold to Zero
๐Ÿคฏ Screw you!!

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The former head of the alliance chain of Tencent, China's largest Internet company, left the company to start a cryptocurrency wallet business called Punk Code, hoping to use Tencent's game experience to create an entertainment-oriented Web3 wallet.

https://m.36kr.com/p/2245763846877059

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Tokens that are getting unlocked in the next 3 days.

Trade with caution.

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Due to the popularity of Inscription and BRC-20, there are currently more than 400,000 transactions pending confirmation on the Bitcoin network, setting a record high. Today's Bitcoin Ordinals paid a new high of 68 BTC. As major exchanges list BRC20 Token one after another, it may aggravate the congestion of the Bitcoin network.

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Supply is down 100,000 ETH in 30 days.

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Andrew Kang: โ€œMost alts look giga bottom shorted across the board. Has been down only for a few weeks now. Wouldnโ€™t be surprised to see a big squeeze in next few days as long as majors keep grinding upโ€.

https://twitter.com/rewkang/status/1655110042549383168

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๐Ÿ”ฅFound new distribution๐Ÿ”ฅ

Gala | GALA
Token Contract: 0x15d4c...c4203da
Transaction: 0xc6c0d...594a3cb
From: 0xa9d1e...81d3e43 to 50 addresses
Total amount: $3,560,718 (1.56% of Market Cap)

Current Price: $0.0300
Market Cap: $227,783,396
24h Volume: $58,421,101

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Someone paid 64ETH transaction fee on Ethereum network.

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CZ: โ€œGas prices fluctuate and go up, transactions get stuck, fees go up, people complain. Bull market issuesโ€ฆ Look on the bright side though, still faster and cheaper than fiatโ€.

https://twitter.com/cz_binance/status/1655441114877362176

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The Bitcoin network has not produced a block at block height 788759 for nearly an hour today. However, this block generation time is not particularly abnormal in history. On June 11, 2021, the block generation time at a height of 687143 reached 119 minutes. In April 2021, there was a block time as high as 122 minutes.

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Crypto exchange Bittrex Inc. filed for bankruptcy protection on Monday, less than a month after the SEC charged it with operating an unregistered exchange. Bittrex was once one of the largest exchanges in the US.

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Coinbase has added Sui (SUI) to the roadmap.

The SUI price has not reacted and continues to fall along with the markets.

https://twitter.com/coinbaseassets/status/1655669884980699164

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2025/07/10 22:28:04
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