On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic’s hashrate tapped another all-time high at block height 15,806,925. The latest jump to 38.64 terahash marks the network’s second record high in five days, as Ethereum Classic captured 38.37 terahash per second (TH/s) on August 20, 2022. Ethereum Classic Hashrate Spikes Following the Latest Merge Announcement The Ethereum Foundation recently published a blog post called the “Mainnet Merge Announcement,” which gives the public more precise dates concerning The Merge upgrade. At the time of writing,…
Day: August 25, 2022
Why is Crypto Market Dumping? | Live Trading
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Thinking to Buy Bitcoin? New Cryptocurrency Battle Infinity Lists on PancakeSwap and is Better Alternative
Bitcoin may be the biggest cryptocurrency by popularity and market cap, but are there better alternatives that can produce even bigger gains? Some of the best ICOs have provided massive returns for investors, and IBAT is getting ready for its listing on PancakeSwap (its IDO). Is it a Good Time to Invest in Bitcoin? The global lockdowns led to financial market turmoil, but that period proved to be the best time for investing. Bitcoin (BTC) dropped to just over $4,000. That shook the market, but investors who bought BTC at…
Memecoins are Rallying – New Projects Not to Miss Set to Make Huge Gains
Meme coins such as Dogecoin, Shiba Inu and others have enjoyed huge popularity, hype and attention in the last 18 months amid stories of people turning small investments into mega gains and the huge popularity of meme culture. Although meme coins have enjoyed a bit of a resurgence in the last month – and will continue to get attention because of their outrageous names and potential for huge returns – serious investors often want more than just the speculative return they can offer. In this guide we go through some…
Crypto Market Returns Plunges Into The Negative, Here’s Why
The crypto market has seen its returns over the last month wiped away in a matter of days. While the market was pumping, cryptocurrencies in the space were returning double-digit gains, with the investor sentiment rapidly growing with it. However, with bitcoin’s rejection at $25,000, the entire market had seen a swift downtrend. Now, investor sentiment has worsened, and the digital assets which had enjoyed the period of growth are now in the red. Crypto Indexes Lose Gained Value Back at the beginning of August, when the crypto market was…
If Ethereum Starts Slashing, It Burns
A move to penalize “bad actors” would make ether as politicized as fiat currency, says Nic Carter. Source
Launching Cryptocurrency Exchanges: A Fad or a Trend?
Is the popularity of crypto exchange businesses well-founded? Vasily Alexeev, CEO UpTrader: Since the ICO boom of 2015-2017, a steady trend of opening new crypto exchanges has begun. In times of huge amounts of crypto freely circulating on the market, startups raised money for crypto exchanges through ICO. It significantly minimized the risks of investing their own funds. The trend was understandable. Now, however, the desire to start crypto exchanges looks financially questionable. Forex CRM Provider UpTrader regularly receives requests to buy a White Label Crypto Exchange or even develop…
Investing in Crypto Mining | BTC + ETH Outlook w/ @Hut 8 Mining Corp
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hut 8 Mining Corp. (Nasdaq: HUT), one of North America’s largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, increased its Bitcoin holdings by 328 in the period ending June 30. With 7,406 unencumbered Bitcoin in reserve, Hut 8 remains committed to its HODL strategy. On this episode, we’re discussing the outlook of investing in cryptocurrency mining (Bitcoin & Ethereum) and things to watch such as regulation, Ethereum 2.0, Adoption, Bitcoin Halvening and more. Guest: Sue Ennis, Hut…
Alchemy Acquires Web3 Educational Platform ChainShot to Onboard Developers
Elan Halpern, product manager at Alchemy told CoinDesk that Alchemy’s mission to support Web3 developers is propelled through its acquisition of ChainShot, providing resources to improve their blockchain fluency. ChainShot, creator of an entry-level Ethereum builder bootcamp, will provide its educational framework to Alchemy users. Source
The Graph Adds Gnosis Chain to Its Decentralized Blockchain Indexing Protocol
As for why it took nearly two years for The Graph Network to expand past Ethereum, The Graph Foundation’s Director, Eva Beylin, told CoinDesk, “We’ve only supported Ethereum up until now because we really wanted to take our time getting indexers ready, making sure they were meeting the performance we needed.” Source link