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How Western Sanctions on Russia Could Make Crypto an International Reserve Currency
If oil and gas are one day denominated in cryptocurrency, we’re likely to see other industries start pegging their goods and services to crypto.
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(Dimitri Vervitsiotis/Getty images)
Ethereum Gas Usage Rose in March as Ether Ran to $3.5K
ERC-20 token generation last month was 125% above February's levels, even as developers continue to build new projects on other blockchains.
(Dimitri Vervitsiotis/Getty images)

Bitcoin faces price pressure below $40,000 (CoinDesk)
Bitcoin Higher as US Ban on Russian Oil Imports Roils Markets
Crypto traders are still evaluating the potential impact of soaring oil prices on bitcoin's price – if any.
Bitcoin faces price pressure below $40,000 (CoinDesk)

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Crypto News Roundup for Feb. 24, 2022
With bitcoin dropping while gold rallies as Russia attacks Ukraine, and a look at why some people say Ethereum’s high gas fees are worth the cost, CoinDesk’s Markets Daily is...
Markets Daily Podcast Cover

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Why Ethereum Users Tolerate Exorbitant Gas Fees
Ethereum is an expensive smart contract blockchain – but it's worth the cost, according to Konstantin Anissimov.
(Juan Carballo Diaz/Unsplash, modified by CoinDesk)

(Mostafameraji/CC0/Wikimedia Commons)
Why Are Fees on Ethereum Dropping?
Simple ether and ERC-20 wallet transfers are being included in blocks for a fraction of the cost seen during December and January.
(Mostafameraji/CC0/Wikimedia Commons)

(Shutterstock)
Ethereum Gas Site Fees.wtf’s WTF Token Down 80%, Following SOS and GAS
A cult website that tracked Ethereum gas usage ironically sent gas fees soaring amid airdrop fervor.
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Ethereum's mean transaction fees in U.S. dollars. (Glassnode)
Loopring Surges 40%, Solana Replaces Cardano as 5th-Largest Coin as Ethereum Fees Spike
The average transaction fee on Ethereum has risen a staggering 2,300% since late June.
Ethereum's mean transaction fees in U.S. dollars. (Glassnode)

Puppy dogs and ice cream. (Christian Bowen/Unsplash)
An Update on the ‘Erroneously High’ Gas Fee That Temporarily Cost DeversiFi $23.7M
Forget the scammers; crypto has its heartwarming stories, too.
Puppy dogs and ice cream. (Christian Bowen/Unsplash)