Press Release Today TheBitTimes.com

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum (ETH) has seen a welcome price bounce over the past week, finally outperforming Bitcoin (BTC) in the ETH/BTC pair after weeks of under-performance. This renewed strength seems driven by positive fundamentals and a broader resurgence in the altcoin market. As such, some investors are now exploring ERC-20 tokens as they diversify. Ethereum overtakes Bitcoin The ETH/BTC pair measures the value of Ethereum denominated in Bitcoin rather than a fiat currency like the US dollar. Tracking this ratio gives insight into how Ethereum is performing against the crypto market leader. You might also like: Reebok taps Futureverse to expand web3 experience with AI After weeks of bearish momentum, ETH/BTC has jumped nearly 7% over the past two days to reach 0.054. This marks a significant shift that suggests trader and investo...

Gas fees on the Polygon network reached as high as $0.10 during a mad rush to mint an Ordinals-inspired token called POLS. Gas fees on Ethereum layer-2 Polygon (MATIC) surged more than 1,000% to reach a peak of $0.10 as users inundated the network with the minting of Ordinals-inspired token s dubbed POLS.  In a Nov. 16 X (formerly Twitter) post Polygon founder Sandeep Nailwal shared his surprise at the elevated transaction activity on the network saying the spike could’ve been due to the launch of a new Polygon-based nonfungible token (NFT) collection. What is going on on @0xPolygon POS chain? 6m transactions in last 24 hrs. 170 TPS on average. 1mn+ MATIC burnt by the protocol. The chain worked smoothly, gas fees went crazy though but no reorgs or 0 blocks etc. I hear there is some game Baby Shark Launching, could that be the… — Sandeep Nailwal | sandeep. polygon (@sandeepnailwal) November 16, 2023 The reason for the uptick in network activity and sudden spike in gas fees seems ...

Bone is a key cryptocurrency token within the Shiba Inu ecosystem. With Shibarium’s launch just around the corner, this token’s relevance has increased even more. This is because the native token chosen for Shiba Inu’s L2 solution to cover gas transactions and reward validators and delegators — is BONE. In fact, like reported recently, the launch of the network will likely increase BONE buys. Whales have been amassing BONE in anticipation of the release. As a by-product of the same, the asset’s price has been on the incline. Since the beginning of the year, BONE has more than doubled in value, thanks to its 101% spike. BONE/USDT by TradingView Also Read: Whale Buys $1.52M Worth of Bone Tokens Ahead of Shibarium Launch Is cryptocurrency exchange Huobi planning to list BONE? On its official digital asset page, Huobi recently added Bone ShibaSwap [BONE]. The same made the case for a potential listing. The “Trade” and “Deposit...