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Ethereum Classic Hashrate Taps an All-Time High, ETC Hashpower Jumped 39% Higher in 4 Days
21.8.2022
On August 20, 2022, Ethereum Classic’s hashrate reached an all-time high at block height 15,776,674 as it tapped 38.37 terahash per second (TH/s). The crypto asset has seen its hashrate surge since Wednesday, August 17, jumping 39.22% higher from 27.56 TH/s to the all-time high (ATH)....
Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge
20.8.2022
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings...
Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours
19.8.2022
The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market...
Bitcoin 'very bearish' below $22.5K says trader as BTC price dives 6%
19.8.2022
Sudden bearish sentiment takes hold as BTC price action returns to an area not seen since late July
Ethereum (ETH) Fails to Stay Above the $2000 Mark!
17.8.2022
Ethereum has successfully defended its second spot and recently touched the $225 billion market capitalization. The expected merge of its blockchain towards the Proof of Stake validation process will ensure a less rewarding benefit for validators, but it is expected to reduce the transaction...
NFL Franchise Houston Texans to Accept Cryptocurrencies for Single Game Suites
17.8.2022
The professional American football team the Houston Texans revealed that it has entered an exclusive partnership with the company Bitwallet. The deal will give Houston Texans fans the ability to purchase single game suites with cryptocurrencies. Bitwallet Becomes the ‘Official Digital...
Bitcoin price sees firm rejection at $24.5K as traders doubt strength
17.8.2022
$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ethereum are quickly extinguished
Bitcoin price hits multi-day low as data warns of 'overbought' stocks
16.8.2022
Major resistance levels enter for U.S. equities, bringing with them fresh headwinds for crypto as Bitcoin and Ethereum lose $24,000 and $2,000, respectively
Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog
16.8.2022
On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC)....
Spending $276M in Ether — Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETH
16.8.2022
After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates. Mega Ethereum Whale Distributes...
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit
15.8.2022
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have...
Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack
13.8.2022
Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of...
Ethereum hits 8-month highs in BTC as money heads for 'riskier' altcoins
13.8.2022
Liquidity is strong on alt markets as Bitcoin gives way to Ethereum after a battle which has raged throughout 2022
ETH PoS Upgrade to Transition on September 15 to 16 — Ethereum Devs Reveal ‘Tentative Mainnet TTD’ for The Merge
11.8.2022
Following the successful implementation of The Merge into Ethereum’s Goerli testnet, Ethereum developers confirmed during a Consensus Layer Call livestream that the highly anticipated proof-of-stake (PoS) upgrade is coming this next month on or around September 15th to the 16th. After...
Ethereum’s Goerli Testnet Implements The Merge, ETH Price Jumps 74% Higher During the Past 30 Days
11.8.2022
The Merge has successfully been implemented into Ethereum’s third and final testnet, Goerli, after previously adding Merge support to the testnets Sepolia and Ropsten. The Merge was added to Goerli at approximately 9:45 p.m. (EST) on Wednesday, transitioning to a full proof-of-stake (PoS)...
Bitcoin battles 2-month resistance amid ‘most hated’ stocks rally
11.8.2022
Risk assets surge higher after U.S. inflation data, but belief in a sustained uptrend emerging is hardly anywhere to be seen
FTX Pay Integrates With Reddit’s Arbitrum Nova-Powered Community Points System
9.8.2022
FTX has announced that FTX Pay’s infrastructure has integrated with the social media and news aggregation forum Reddit’s Community Points system. The integration has been rolled out in the U.S., EU, Australia, and other countries worldwide. FTX Pay will also join Infura, P2P, Google...
Bitcoin price targets 8-week highs as Ethereum reaches $1.8K
8.8.2022
Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week
Ethereum (ETH) Holds on to the $1.7K and 100 EMA Level Strongly!
8.8.2022
Ethereum, the number 2 blockchain, is headed to create a new peak value since the minor profit booking witnessed on July 28, 2022. Price action continues to witness some resistance at the $1780 levels, but buying sentiment has broken all records as RSI enters over-bought zones. The Ethereum price...
Uniglo (GLO) Locks in 25% Gains During Presale Showing Signs of Upcoming Ethereum (ETH) and Shiba Inu (SHIB) Type Price Action
5.8.2022
A new cryptocurrency gem called Uniglo (GLO) is gaining much traction in the market. Barely two weeks into presale, Uniglo has already locked in 25% gains. As the project moves further into its presale, the price of its GLO token also continues to rise. According to analysts, its momentum shows...