Bitcoin & Ethereum Reaches Highest Price Since May

Fortyprofits
BlockchainBanshee
Published in
4 min readAug 8, 2021

Here’s what to expect this week 08/08–08/13

Current Market Price+ Past High
Image Credit: Coin Telegraph

Approximately 2.3 Ether (ETH) is being burnt every minute through the new transaction fee mechanism introduced in Ethereum’s London upgrade on Thursday.

The highly anticipated London hard fork went live on Thursday this week, ushering in the Ethereum Improvement Proposal (EIP) 1559 upgrade that adjusted…. Read More

https://decrypt.co/77996/30-million-in-ethereum-burned-just-two-days-after-eip-1559-launch

Ethereum mining will soon be obsolete, as ‘London’ update moves key deadline to December

Image Credit: Shutter Stock
Photo by Michael on Unsplash

The cryptocurrency community has, with few exceptions, banded together to form a united front against the proposed infrastructure bill. Many influencers have urged their followers to contact state and local representatives to voice their… Read More

Elon Musk Sides With Crypto Industry In Infrastructure Bill Debate

Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State

Regional authorities in Carabobo suspended the power supply of registered miners in the key industrial Venezuelan state yesterday, with no official explanation. People with knowledge of the matter allege…. Read More

--

--

Fortyprofits
BlockchainBanshee

Committed to building a community of investors | Personal Finance & Education |