There will be a 14-day period between the Bellatrix upgrade and the mainnet Merge. That’s the length of time that will pass before the network reaches a specific total terminal difficulty (TTD) which, in turn, will activate the Merge. The tentative TTD mark is 58,750,000,000,000,000,000,000. Nothing is final, however, until it’s codified in a client release. Source
The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly related to digital assets. According to a Thursday report from South Korean news outlet Edaily, Financial Services Commission chair Kim Joo-hyun said a task force consisting of private experts and government ministries will “quickly” review proposed legislation on cryptocurrencies. Kim, addressing the Digital Assets Committee, added that the financial watchdog would “make institutional supplements that will take a balanced approach to blockchain development, investor protection…
Polygon (MATIC) price prediction relies heavily on the CPI numbers for July. Polygon price soared by 125% since July 1; Analysts spotted a rally of 68% catapulting to an 85% boost in terms of profit. MATIC price has overlapped targets found in the $1.25 mark; retracement is still a possibility at $0.64. A break below the $0.54 mark hints at an invalidation of MATIC’s uptrend movement. Evidently, the crypto market has been extremely volatile seen early this week. On the other hand, investors are still on pause waiting for the…
“BlackRock is encouraged that organizations such as RMI and Energy Web are developing programs to bring greater transparency to sustainable energy usage in bitcoin mining, and will follow progress around those initiatives,” the release read, referring to RMI, an energy sustainability advocacy group. Source
The cryptocurrency industry has offered developers and investors the opportunity to introduce new financial tools providing plentiful options to earn passive income. Simply holding crypto has offered patient investors the chance to make gains over the years. However, there are various other ways to increase crypto assets’ stacks, even in bear markets. Other than staking, crypto savings accounts allow retail investors to accrue their funds by earning interest on the crypto assets they deposit on specific cryptocurrency platforms if they agree to lend out their coins or tokens. Crypto interest…
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If Levitin is right, and, more importantly, if the U.S. Securities and Exchange Commission (SEC) shares his view, exchanges that list ether (and that would be nearly all of them) would be subject to more onerous regulatory requirements. Like the bitcoin cryptocurrency, ether has until now been treated as a commodity, outside the SEC’s jurisdiction. Source
El token nativo de la blockchain de Ethereum subió a $1,919, el más alto desde el 1 de junio, y extendió la subida del lunes a casi un 9%, según datos de CoinDesk. El tipo de cambio ether-bitcoin o la relación ETH/BTC subió a 0,078, un nivel registrado por última vez el 7 de enero, lo que amplía la reciente ruptura alcista. Source
Bitcoin (BTC) continued toward $25,000 on the Aug. 11 Wall Street open amid news that the world’s largest asset manager had launched a BTC product. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Silbert on BlackRock: “Here comes Wall Street” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spiked to $24,921 on Bitstamp as United States stock trading got underway. While going on to consolidate slightly below the highs, the pair inspired confidence in market sentiment, with popular crypto industry figures already seeing positive implications of the BlackRock move.…
Users deposit bitcoin into the vaults in exchange for iBTC. At this point, the bitcoin is locked in the vault while vault collateral is locked by the Interlay network. Users then return iBTC to the vault, thereby unlocking and releasing their bitcoin, which triggers the Interlay network to release vault collateral. If a vault fails to return bitcoin to a user, the network liquidates vault collateral and reimburses the user. Original