July 24, 2024
Chicago 12, Melborne City, USA
Bitcoin News

As XEN Crypto Degens Jump In, Ethereum Turns Deflationary

A new project named XEN Crypto has nearly taken half of Ethereum’s block space, which is resulting in a decrease in network issuance and an increase in gas pricing. As a result, beginning October 8 the supply of Ethereum has started decreasing. According to the Ultrasound.Money dashboard, the asset has turned deflationary, at least temporarily,

Read More
Bitcoin News

Bitcoin Trades Above $19K, while Ether see increase since the Post-Merge

Tuesday morning trading in Asia saw Bitcoin rise above US$19,000 for the first time in nearly two weeks after dipping below that resistance level overnight. Ethereum climbed together with the other top 10 cryptocurrencies by market capitalization, indicating that it is beginning to recover from the post-Merge dip. At 8 a.m. in Hong Kong, Bitcoin

Read More
Bitcoin News

Merging Ethereum Opens New Horizons for Institutional Participation

The ETH Merge event, which will take place in less than 24 hours, is presently the focus of attention. Given the scope of the shift, the Ethereum Merge is most likely the largest event in the history of cryptocurrencies. In the days leading up to the Merge, selling pressure has increased on the ETH price,

Read More
Bitcoin News

Ether dulls Ahead Of Merge as Bitcoin and Solana lead increases in the top ten cryptocurrencies

Tuesday morning trading in Asia saw Bitcoin rise to maintain its advances above US$22,000, a figure it crossed on Monday for the first time in three and a half weeks. Solana saw the biggest gains among the top ten tokens by market capitalization, while Ether experienced a decline. According to data from CoinMarketCap, Bitcoin increased

Read More
Bitcoin News

Hashrate Increases By A Record Amount As Ethereum Classic Gains Over 24%

As of Tuesday AM in Asia, the hash rate of ETC, the Ethereum Classic coin, has increased by double digits over the previous 24 hours as miners searched for alternatives ahead of the “Merge.” According to CoinMarketCap data, the native token of Ethereum Classic, the first blockchain from which the current Ethereum (ETH) network was

Read More
Bitcoin News

Ethereum is gaining momentum, despite Bitcoin’s lackluster price movement

Ethereum attempted to break through the $1,620 resistance level and the 100 hourly simple moving average. However, ETH failed to maintain its stability at over $1,620. The price trimmed gains after reaching a high of $1,648. There was a decline below the $1,580 and $1,550 levels. A low has been created near $1,535 and the

Read More
Latest News

Before merging, Ethereum PoW Listing Requires a Risk Assessment, According to a Japan’s Bitbank

The Japanese cryptocurrency exchange BitBank has stated that it has not yet decided whether to list Ethereum PoW. (ETHW). In order to decide whether or not to list the token, it must first evaluate any potential regulatory issues.  In anticipation of the impending merging update, disobedient cryptocurrency miners developed a proof-of-work Ethereum substitute earlier this

Read More
Blockchain News

Before the merger, the price of ETHPoW tokens reached an all-time low

According to CoinMarketCap, ETHPoW, the coin that would be used in the event of an Ethereum PoW fork, hit an all-time low on Thursday of US$50.36, a 64% decline from its peak on August 2. The ETHPoW token only has IOU status at this time, which means that it is only a debt contract that

Read More
Latest News

According to Vitalik, Facebook’s Meta will “misfire”

According to Vitalik, it is far to early to know what people want in terms of the Metaverse. Ethereum co-founder Vitalik Buterin feels that the Metaverse is still nascent, and the one created by Facebook meta will misfire. While responding to a tweet by Dialectic co-founder Dean Eigenmann, Buterin said, “The “metaverse” is going to

Read More
Latest News

Ethereum’s correlation to Bitcoin

For almost two months, Ethereum [ETH] investors have been disappointed. It was due to its failure to sustain a position above the basis line (green) of its Bollinger Bands (BB). Over the last four days, the after-effects of the recent Bitcoin rally have harmed ETH’s performance. The near-term bearish tendencies could be affected by a

Read More