Crypto Daily News - Aug 29, 2022

ISSUE 393 August 30th 2022

Crypto News

Ethereum Funding Rate At 14-Month Low, What Does it Mean for ETH Price?

After Fed Chairman Jerome Powell’s speech last Friday, the broader equity markets and cryptocurrencies have come under severe pressure. The world’s second-largest cryptocurrency Ethereum (ETH) has seen a 12% drop in its price over the last weekend. As of press time, ETH is trading 2.66% down at a price of $1453 with a market cap of $177 billion.

coingape.com

18 'uncomfortable' truths about nonfungible tokens

Nonfungible token (NFT) analyst and blockchain detective "OKHotshot" has highlighted his picks for 18 of the most “uncomfortable truths” about the NFT industry.

cointelegraph.com

Robert Kiyosaki Says Real Estate, Stocks, Gold, Silver, Bitcoin Markets Are Crashing — 'Millions Will Be Wiped Out'

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that all markets are crashing, specifically naming real estate, stocks, gold, silver, and bitcoin. Referencing his earlier prediction of a bigger crash than during the 2008 financial crisis, Kiyosaki said: “That crash is here. Millions will be wiped out.”

bitcoin.com

Bitcoin, Ethereum Drop as Traditional Markets Skid into New Week

Several key cryptocurrencies fell dramatically Sunday evening as traditional markets dropped heading into a new trading week.

decrypt.co

Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel

With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on August 28. Median-sized fees have slid to 0.00036 ether or $0.544 per transfer, and etherscan.io’s gas tracking tool notes a priority fee will cost 11 gwei or $0.34 to get a transaction confirmed in roughly 30 seconds.

bitcoin.com

XRP lawsuit: If Ripple loses, can this gamble really work out in its favour

Recently, Ripple CEO Brad Garlinghouse revealed that his company is willing to explore a different path if they lose the SEC lawsuit. In fact, he specifically claimed that the company is willing to explore moving to a different jurisdiction, IF Ripple loses the lawsuit against the SEC.

ambcrypto.com

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CryptoPage - Crypto Newsletter - Issue 393

ISSUE 393 August 30th 2022

Crypto News

Ethereum Funding Rate At 14-Month Low, What Does it Mean for ETH Price?

18 'uncomfortable' truths about nonfungible tokens

Robert Kiyosaki Says Real Estate, Stocks, Gold, Silver, Bitcoin Markets Are Crashing — 'Millions Will Be Wiped Out'

Bitcoin, Ethereum Drop as Traditional Markets Skid into New Week

Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel

XRP lawsuit: If Ripple loses, can this gamble really work out in its favour

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