Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Flashbots
Flashbots Dominate Ethereum’s Transaction System, Reducing Gas Fees
A recent social media user took to Twitter on April 11, 2021, mentioning that Ethereum gas fees have reduced significantly due to the emergence of Flashbots. According to Stephane, the user in question, a mining pool, commented on the issue, saying that traders are ditching their PGA bots as Flashbots bring lower gas fees. Meanwhile, another Reddit user commented on the same, explaining that the gas fees decreased by 50% in the last 24 hours, moving from 120 gwei to…
4 years ago