2023 has started on a fresh and positive note for most of the cryptocurrencies. After bearing the brunt in the last year, most of the tokens have taken the road to recovery. However, the prices are still very much low as compared to their all time highs, which was witnessed in the 2021 bull run.
Ethereum's Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network maintained a relentless burn rate, burning an average of over 146,000 ethereum every month.
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Crypto investors can earn interest via crypto lending by finding a cryptocurrency exchange or DApp that offers a crypto interest account. 💼
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a silver bitcoin
Bitcoin is a digital currency -- also called cryptocurrency -- that can be traded for goods or services with vendors that accept Bitcoin as payment.
the river falls
A waterfall is a river or other body of water's steep fall over a rocky ledge into a plunge pool below. Waterfalls are also called cascades. The process of erosion, the wearing away of earth, plays an important part in the formation of waterfalls. Waterfalls themselves also contribute to erosion.