This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rate of 1.74 ether per minute, which equates to roughly $5K worth of ether destroyed every 60 seconds.
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– The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology That Powers Them (Cryptography, Derivatives Investments, Futures Trading, Digital Assets, Nft) https://amzn.to/3uwEbh9
– Crypto Investing Guide: How to Invest in Bitcoin, DeFi, NFTs, and More (English Edition) https://amzn.to/3LUutuL
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