Ethereum Price Prediction – Will ETH Fall Back to $800 Again?
Ethereum, the second-largest cryptocurrency, is trading with a bearish bias, down 5.00% in seven days to $1,282.51. The cost of sending Ethereum's gas has increased from $2.58 on October 8 to $4.75 on October 10, an increase of 84%.
Since August 11, 2022, or around 61 days ago, Ethereum transaction costs have not been higher than $4. Bitinfocharts.com has found that the average cost of a transaction on October 10 will be $2.2. The high priority cost for a transaction is currently around 27 gwei, or $0.62, as seen by the gas tracker at Etherscan.io; this indicates a rise.
Prior to The Merge, rates were lower; on August 28, 2022, 44 days ago, a high priority charge was roughly 11 gwei, or $0.34 per transfer, according to etherscan.io's gas tracker. The average cost of a high-priority transfer is $0.62, but the cost of exchanging or moving an ERC20 token may be higher.
The price of an Opensea sale has increased to $2.13 from $1.17 on August 28. The anticipated cost of a Uniswap exchange is roughly $5.49, up from the previous estimate of $3.03 just 44 days ago.
Google's search engine now includes information about Ethereum addresses. By typing an Ethereum address into Google's search bar, you can find out how much ETH is in the wallet.
The new feature can be used with Etherscan, which is an Ethereum blockchain data aggregator and block explorer. Han Hua, a Google Ventures investor, specializing in cryptocurrencies, tweeted on Tuesday about the new tool.
According to a report from CNBC, Google has announced that beginning in the first quarter of 2018; it would begin accepting Bitcoin, Ethereum, and Dogecoin via Coinbase as payment for cloud services.
The current price of Ethereum is $1,282.17, with a 24-hour trading volume of $9.7
Read more on cryptonews.com
