Month: September 2022

[LIVE] Charles Hoskinson SPEAKS Powell INFLATION | BITCOIN & CRYPTOCURRENCY MARKETS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sponsors Market Cipher Use Code Crown (15% off) ➡️ Phemex (Up to $4,000 Deposit Bonus) ➡️ [LIVE] Charles Hoskinson SPEAKS Powell INFLATION | BITCOIN & CRYPTOCURRENCY MARKETS Fed chair Powell speaks at 10:00 AM EST in DC. Federal Reserve Chair Jerome Powell heads to the House for a second day of Congressional testimony, as monetary tightening continues. Watch here live with commentary & cryptocurrency bitcoin price live. Start 00:00 FED Powell Speaks 30:00 #bitcoin #powell #fed #crypto #bitcointoday #bitcoinlive Tom Crown Bitcoin…

How casual gaming could be a ‘huge’ Bitcoin on-ramp

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You can now play Solitaire, Snake and even Counter-Strike to earn Satoshis, tiny fractions of Bitcoin (BTC). Cointelegraph spoke to executives at Thndr Games, a play-to-earn (P2E) company built around Bitcoin and Zebedee, a gaming platform that will “Transform gaming with the power of Bitcoin.” Thanks to the Lightning Network (LN), a layer-2 payment solution built on top of Bitcoin, instant microtransactions of Sats can pay out to gamers across the globe quickly. “This genuinely fixes a need in gaming,” Ben Cousens, chief strategy officer at Zebedee, told Cointelegraph. Zebedee offers…

Bitcoin drops 5% to its lowest level in 3 months as risk assets continue to get crushed

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Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called “the merge.” Yuriko Nakao | Getty Images Bitcoin fell to its lowest level in three months on Monday as investors dumped risk assets amid expectations of higher interest rates. The world’s largest cryptocurrency dropped 5% to an intraday low of $18,276, reaching its lowest level since June 19. Bitcoin is down 7.2% this month and on pace for the second…

Does the Ethereum Merge offer a new destination for institutional investors?

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Last week’s Merge was the “most significant development in the history of the Ethereum network,” according to Fidelity Digital.  And from a purely technical standpoint, the blockchain network’s transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism was a marvel. Widely compared to changing a jet engine mid-flight, the software upgrade proceeded with nary a glitch on Sept. 15. Overnight, too, Ethereum, the world’s second-largest blockchain platform, reduced its energy usage by 99.95% from a rate as high as 94 TWh per year in May — roughly equivalent…

BTC, ETH Hit Multi-Month Lows to Start the Week – Market Updates Bitcoin News

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On Monday, bitcoin fell to its lowest level since June, as sentiment in cryptocurrency markets remains bearish. The token has fallen lower in consecutive sessions following last week’s U.S. inflation report, and the fall comes ahead of the upcoming U.S. Federal Open Market Committee meeting. Ethereum was also down, hitting a multi-month low of its own. Bitcoin Bitcoin (BTC) fell to a four-month low to start the week, as bearish sentiment remains high in crypto markets. BTC/USD slipped to an intraday low of $18,390.32 earlier in the day, which comes…

Solana outperforms Ethereum in daily transactions in Q2: Nansen report

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Hype does not always equate to greater adoption, as the on-chain data from the second quarter of 2022 shows Solana (SOL) surpassing Ethereum in users’ daily transactions despite various drawbacks from both macroeconomic conditions and network outages.  Throughout the second quarter, Solana’s daily transactions consistently increased, ending with more than 40 million daily transactions compared to Ethereum’s 1 million daily transactions between April and June, confirmed Nansen’s State of the Quarter Report. Solana vs. Ethereum daily transaction data. Source: Nansen Solana’s significant increase in daily transactions was observed on daily non-vote…

Cryptocurrency Continues to Enter The Mainstream, But Education Remains a Barrier

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Cryptocurrency was designed to empower people by giving back their financial power and allowing them to avoid relying on governments and banks. Since its infancy, cryptocurrency has disrupted traditional financial services, including governments, central banks, and venture capitalists. Cryptocurrency is generally decentralized in nature, meaning any single person or entity does not control it. The technology’s decentralized nature has allowed it to revolutionize the finance world through its unparalleled transparency, immutability, and security. As a result, it is rapidly making its way into the mainstream. As it continues to evolve,…