Ep. 4: ETH Fees Drop || $1M BTC || Crypto Indexes
Welcome to episode 4 of Crypto News. In this episode, we’ll be covering Ethereum fees dropping, a major Bitcoin milestone, and new crypto indexes.
First, Ethereum fees dropped by more than half in the past week. This is due to the recent upgrade to the Ethereum network which introduced the EIP-1559 consensus mechanism. This upgrade will make Ethereum more efficient and reduce transaction fees. This is good news for users of the Ethereum network.
Second, Bitcoin recently surpassed $1 million in total market capitalization. This is a major milestone for the cryptocurrency and shows that it is becoming more and more mainstream.
Finally, two new crypto indexes have been launched. The first is the Crypto Asset Index, which tracks the performance of the top 10 cryptocurrencies. The second is the Crypto Volatility Index, which tracks the volatility of the top 10 cryptocurrencies. These indexes are designed to provide investors with a way to track the performance of the crypto markets.
That’s it for Crypto News Episode 4. Be sure to stay tuned for more updates and news. Thanks for watching!