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The median transaction fee spiked as high as $30.91 versus a range of 90 cents and $4.23 between January and May 1, Blockchain.com data showed.
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in order for the market to come back stronger, lessons must be learned from what happened before. The collapses of 2022 continue to be analyzed by TV stations, newspapers, magazines, blogs and social media. But among the extensive analyses, one key lesson has been missed.
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As we appear to be entering a new phase in crypto’s notorious market cycles, excitement is once again growing at the prospect of rising investment and deeper liquidity.
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ETH’s trading volume ended up settling at $5,470,852,175 at press time.
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For a long time, German banks largely neglected the cryptocurrency industry, considering it too speculative, too risky and too unregulated.
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The network has also slowed considerably. The congestion was so acute, that the world's largest crypto exchange Binance had to briefly pause bitcoin withdrawals on May.
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