▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The crypto platform Ethereum is preparing for a major system overhaul aimed at reducing the amount of electricity the network uses. But the update could lead to other changes to how Ethereum works. WSJ cryptocurrency reporter Paul Vigna joins host Zoe Thomas to discuss why the change is being implemented and what it could mean for the network. Photo: Dado Ruvic/Reuters For more episodes of WSJ’s Tech News Briefing: Visit the WSJ Podcast Center: More from the Wall Street Journal: Visit WSJ.com:…
Day: September 10, 2022
Bitcoin Profitability Jumps As Price Adds $1,500 In 24 Hours
Bitcoin has seen an incredible 24 hours after the price of the digital asset added more than $1,500. This jump in price has come with a number of positive implications, including the profitability for investors who are holding the cryptocurrency. Where less than half of all investors had been in profit when BTC had declined below $19,000, the recent recovery has pushed the percentage upwards once more. 50% Are In Profit According to data from IntoTheBlock, half of all bitcoin investors are currently recording profit at current prices. The…