Month: September 2022

The PoW Dominance Purge โ€” Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work โ€“ Mining Bitcoin News

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At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and out of all of them, thereโ€™s roughly 230 exahash per second (EH/s) of hashpower combined. Only 12% of the Top 50 Crypto Assets Leverage PoW โ€” Hashpower Currently Equates to Close to 240 Exahash With…

The biggest problem with DeFi isnโ€™t what you think

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Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed funding in a bid to boost DeFi adoption among institutions. In his pledge to help build โ€œDeFi 2.0,โ€ Lepsoe described one of the biggest pain points of DeFi 1.0 โ€” and itโ€™s one you probably havenโ€™t heard of. As it turns out, if you want institutions to adopt your products and services, you need to give them…

Ethereum Faces Test Of Survival After Merge, Can $1,400 Support Hold?

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After showing so much strength as the price rallied from $1,024 to a region of $2,000 against tether (USDT) ahead of the anticipated merge, many call for a bull run and a $4,000 Ethereum price at the end of the โ€œEthereum Merge.โ€ The price of Ethereum has not shown that run it showed in recent months as the price has struggled to break above $1,800. (Data from Binance) Ethereum (ETH) Token Price Analysis On The Weekly Chartย  ETH saw a decline in its price from $4,500 to around $1,024, with…

ETHEREUM PRICE PREDICTION 2022๐Ÿ’ŽCRUICIAL NECKLINE SUPPORT FOR ETH – WILL IT HOLD OR MAJOR DROP!?๐Ÿ‘‘

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ETHEREUM PRICE PREDICTION 2022๐Ÿ’ŽCRUICIAL NECKLINE SUPPORT FOR ETH – WILL IT HOLD OR MAJOR DROP!?๐Ÿ‘‘ ๐Ÿ‘‘ Amazing Discord community! – ๐Ÿ‘‘ $600 BONUS leverage trading on ByBit – ๐Ÿ‘‘ Sign up for the fastest growing crypto app and receive 25USD! – ๐Ÿ”ฅ Leverage trading tutorial – ๐Ÿ‘‘ Donations ๐Ÿ™‚ – โ€‹ Let’s Connect: Instagram – โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ ****DISCLAIMER AND WARNING**** I am NOT a financial Advisor. This video is for entertainment and education purposes ONLY! Contact a financial professional in your area for…

ATOM Moves Closer to 4-Month High, LINK Also Higher โ€“ Market Updates Bitcoin News

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Cosmos was once again in the green, as the token moved closer to a four-month high during Fridayโ€™s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos (ATOM) Cosmos (ATOM) continued to trade higher on Friday, as the token moved closer to a multi-month high. ATOM/USD rose to an intraday high of $16.25 in todayโ€™s session, pushing prices above a key resistance level in the process. The aforementioned ceiling…

40%+ Ethereum PoS nodes are controlled by two addresses says Santiment data

Analysis from Santiment indicates that 46.15% of Ethereumโ€™s PoS nodes are controlled by only 2 addresses. Hours after the Merge, the first address has validated about 188 blocks or 28.97% of the nodes, and the second has validated 16.18%, or 105 blocks. On Twitter, the data became a controversial topic as users debated about the impact of the Merge on centralization for the largest network in the world. According to our #Ethereum Post Merge Inflation dashboard, 46.15% of the #proofofstake nodes for storing data, processing transactions, and adding new #blockchain…

40%+ Ethereum PoS nodes are controlled by 2 addresses says Santiment data

boss

Analysis from Santiment indicates that 46.15% of Ethereumโ€™s PoS nodes are controlled by only 2 addresses. Hours after the Merge, the first address has validated about 188 blocks or 28.97% of the nodes, and the second has validated 16.18%, or 105 blocks. On Twitter, the data became a controversial topic as users debated about the impact of the Merge on centralization for the largest network in the world. According to our #Ethereum Post Merge Inflation dashboard, 46.15% of the #proofofstake nodes for storing data, processing transactions, and adding new #blockchain…