The number of wallets now holding at least 32 ETH has hit an all-time high amid news that ETH 2.0 could launch as early as Dec 1.

Ethereum miner fees dropped 65% over the past month as demand for decentralized finance (DeFi) products has dwindled. Ethereum users paid $57.49 million in transaction fees in October. 

Bitcoin’s mining difficulty just recorded its largest percentage decrease since 2012, dropping by just over 16% and making mining profitability increase significantly.

Sponsored: Vertex Market is a P2P Crypto Trading Platform, known not just for the speed, but also for the wide variety of payment options and the security provided.

Top stories in the Crypto Roundup today:

• ETH breaks multiple records as ETH 2.0 approaches
• Ethereum Transaction Fees Fell by 65% in October
• Bitcoin’s Mining Difficulty Sees Largest Percentage Drop in 9 Years
• Sponsored: Get on Vertex Market – A Safe P2P Crypto Trading Platform

ETH breaks multiple records as ETH 2.0 approaches

Ethereum Transaction Fees Fell by 65% in October

Ethereum miner fees dropped 65% over the past month as demand for decentralized finance (DeFi) products has dwindled.

According to data compiled by on-chain market intelligence startup Glassnode, Ethereum users paid $57.49 million in transaction fees in October, down more than 65% from September’s record-setting $166.39 million. 

Alex Mashinsky, CEO of crypto lending firm Celsius, told CoinDesk that ETH fees were plummeting alongside demand for DeFi products: 

Transaction costs declined as volumes on decentralized exchanges dropped, reducing demand for network’s bandwidth.

Bitcoin’s Mining Difficulty Sees Largest Percentage Drop in 9 Years

Get on Vertex Market – A Safe P2P Crypto Trading Platform

The last decade sure gave us something to root for, since the decentralized blockchain technology was developed with the purpose of what we wanted for years – independence. The rise of Bitcoin intrigued an entire world due to its innovative approach.

But the cryptocurrency industry is still pretty new. We can’t buy everything we want with crypto (yet), so we need to exchange them to fiat once in a while.

In order for people to sell and get Bitcoin, altcoins, or tokens, a new type of crypto instrument was developed – the P2P electronic cash system. The platforms that operate with this instrument allow crypto exchanges without any kind of intermediate. 

Vertex Market is one of these platforms, known not just for the speed, but also for the wide variety of payment options and the security provided.

What should you know about Vertex Market?

With over 70,000 users in almost two hundred countries, Vertex Market conquered a lot of crypto enthusiasts due to all the options provided and the tempting benefits.

Depending on the country they are from, users can choose any type of payment available on the platform - like Credit Card, PayPal, MoneyGram, or Western Union.

Are there benefits?

Of course, there are - from their prices to the relationship the team establishes with their users.

For every exchange operation, both the sellers and the buyers are asked for just 0.5% of the amount, as transaction fees. And if their exchanges are positive, they will eventually get to the VIP status – the ticket for trust, well deserved.

But one of the biggest benefits is that Vertex provides users with a Theft Cover Insurance and Trade or Scam Insurance Services. That really shows how serious they are with safety.

Read the full piece here.

 

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