Ethereum’s London hard fork went live yesterday, and its effects are already underway, with over 4,200 ETH already being burned. The network included the Etheruem Improvement Proposal (EIP) 1559, which was designed to simplify how transaction fees are paid.
In late July, cryptocurrency prices started picking up. Month on month, Bitcoin rose 18.3% while Ethereum rose 11.25, but spot trading volumes plummeted by 31.5% to $1.9 trillion during the same period.
Atlanta-based investment firm Invesco, which has $1.3 trillion in assets under management, has filed a third application for an exchange-traded fund (ETF). The filing would be the firm’s first offering to give potential investors exposure to bitcoin.
Sponsored: With so much success among crypto holders, MiniDOGE finally got listed popular cryptocurrency tracking platforms including CryptoCompare. MiniDOGE is a fresh new token developed with an integrated AutoBoost - the sales are automatically followed with a buy to prevent large auctions.
Top stories in the Crypto Roundup today:
- Ethereum Network Burning $8,000 a Minute After London Hard Fork
- Crypto Spot Volumes Fall to Yearly Low as Open Interest Rises
- Invesco Files to Launch ETF With Bitcoin Exposure
- Coin of the Week: Voyager Token (VGX)
- Sponsored: MiniDOGE is Now Listed on Crypto Data Aggregators