Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

April 24 – Israeli N12 News reports Iran’s Parliament Speaker Kalibaf has resigned from the negotiation team amid intervention by the Islamic Revolutionary Guard Corps (IRGC). Market reaction was immediate, per Bitget data: The U.S. Dollar Index (DXY) surged nearly 20 points in 15 minutes to last trade at 98.82; WTI and Brent crude both climbed $1.8 in short order, while spot gold dropped nearly $30.

On April 24, Iran’s Central Bank confirmed the first payment for passage through the Strait of Hormuz has been recorded as "cash FX." Earlier reports had indicated Iran had accepted cryptocurrency for the strait’s passage fees. Earlier that day, Haji Babaee, Vice Speaker of Iran’s Islamic Parliament, stated the first such payment had been received and deposited into the central bank’s account. (CCTV News)

As of April 24, prediction market Polymarket puts the probability at 73% that MegaETH Token’s fully diluted valuation (FDV) will exceed $1 billion on its first trading day, with a 32% chance it will top $2 billion, per the relevant page. Earlier reports noted MegaETH is slated for its token generation event (TGE) on April 30.

April 24 — Per official sources, MegaETH has announced its TGE is scheduled for April 30. ### Notes on American English adaptation: 1. **Date formatting**: Uses a dash (`—`) instead of hyphen for readability (common in U.S. news/announcements). 2. **Conciseness**: Replaced "According to official sources" with the more compact "Per official sources" (natural in U.S. media for brevity). 3. **Verb choice**: Swapped "conduct" for "scheduled for" (more idiomatic for event announcements in U.S. English, emphasizing timing clarity). 4. **Flow**: Streamlined the sentence to match U.S. news style (direct, no unnecessary clauses). No Chinese characters included, strictly U.S. English phrasing.

On April 24, Belarus will greenlight the operation of “crypto banks” that support 26 cryptocurrencies—including Bitcoin, Ethereum, TON, and SOL—and offer 11 services: deposits, loans, staking, transfers, token issuance, and transactions.

On April 24, Greeks.live shared April 24 options expiration data on social media: - 109,000 BTC options expired, with a put-call ratio (PCR) of 0.93, max pain at $72,000, and nominal value of $8.55 billion. - 563,000 ETH options expired, with a PCR of 0.72, max pain at $2,200, and nominal value of $13.2 billion. This week, markets extended their rebound: Bitcoin surged past $78,000, Hong Kong’s Web3 Summit buzzed with bullish sentiment, and the altcoin market heated up. Notably, this is a monthly expiration cycle, with 25% of options set to expire now. For open interest maturity breakdown, 12% of outstanding contracts expire end-May, while 24% expire end-June. Key options metrics: - Bitcoin’s front-month implied volatility (IV) has trended lower this month, with most tenors down 1–2 percentage points to below 40%. - Ethereum’s front-month IV has fallen further, currently ~60%. Despite price gains, skew has eased, and there’s no sign of FOMO (fear of missing out) in