Saturday, July 31, 2021

Ethereum Cryptocurrency

The second biggest Cryptocurrency, Ethereum , is about to get an upgrade that will be taking place on August 4th.  The London upgrade will make fees more predictable, reduce delays in processing, and decrease the amount of new coins issued.  The EIP-1559 process is explained here at Cointelegraph. Ethereum is running higher ahead of the event, with resistance at 2800 per chart below, will provide a good test at that level.

      

1 comment:

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