Month: September 2022

Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit Gains – Bitcoin News

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The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore, ethereum classic’s market valuation has dropped by two positions and lost 26.7% against the U.S. dollar during the last two weeks. Ethereum Classic’s Hashrate and Price Sinks, While the 2 New PoW Ethereum Forks Jump Higher in USD Value After Ethereum transitioned from proof-of-work (PoW) to proof-of-stake…

China’s Moon Dust Paves the Way for Future Mining Missions | WSJ

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Chinese scientists are studying rocks brought back from the moon for a glimpse into the vast resources that could be mined one day and used on Earth. WSJ looks at what Beijing is doing to achieve that goal, and how close it is getting. Photo Composite: Emily Siu More from the Wall Street Journal: Visit WSJ.com: Visit the WSJ Video Center: On Facebook: On Twitter: On Snapchat: #China #Moon #WSJ ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin Is Currently In “Bear To Bull” Transition Period

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Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And Supply In Profit Has Recently Been Below 0.75 As per a recent report by Glassnode, the BTC correlation between the price and the supply in profit generally observes multiple drops below 0.75 during transitional periods. The “supply in profit” is an indicator that measures the percentage of the total Bitcoin supply that’s holding some profit right now. The metric works by looking at the on-chain history of each…

Throw your Bored Apes in the trash

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It’s time to move on from the Bored Ape Yacht Club. They’re bad for nonfungible tokens (NFTs). They give critics ammo and distract from the technology, which is where the real value lies.  For those on the outside looking in, NFTs are nothing more than overpriced monkey JPEGs. Or whichever choice of animated animal profile picture is in the firing line. NFTs, of course, are much more than that. But, because of Bored Apes, and the countless imitations they’ve spawned, NFTs are getting a bad rep. “Bubble,” “money laundering” and…

New Kraken CEO Says Crypto Exchange Won’t Be Registering With the SEC: Report

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The incoming chief executive of crypto exchange Kraken reportedly says that the firm has no plans to register with the U.S. Securities and Exchange Commission (SEC). According to a new report by Reuters, Dave Ripley, who will take the place of current CEO Jesse Powell, says that Kraken won’t register with the SEC as a market intermediary or delist tokens the regulatory agency has deemed to be securities. In July, the SEC reportedly opened an investigation into leading US crypto exchange Coinbase for allegedly offering unregistered securities. At the time,…

MiCA is already stifling stablecoin adoption in the EU

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The digital asset landscape in the European Union is evolving ahead of the passage of the Markets in Crypto-Assets (MiCA) regulation framework that aims to instill regulatory clarity around crypto assets. While well-intentioned, the current structure of MiCA may throttle innovation. But if a revised version of this policy passes, it could see the European Union become one of the leaders in the digital payment space. If not, then there is a genuine possibility of the continent falling behind. MiCA aims to set a regulatory framework for the crypto asset industry…

Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted – Economics Bitcoin News

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Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil. Despite the fact that Venezuela has the largest supply of crude oil in the world, U.S. economic sanctions imposed in 2019 by the Trump administration prohibit American businesses from engaging with the state-owned oil company. Maduro Insists ‘Venezuela Ready and Willing to Fulfill Its Role’ by Providing the World With Fuel The current president of Venezuela, Nicolas Maduro, is a…

PANIK um Mt. Gox Rückzahlung von 140.000 BTC? VIEL ZU VIEL HEBEL & kein Geld mehr! | Krypto NEWS

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ब्लॉकचैन टेक्नोलॉजी क्या है? What is Blockchain Technology? Explained in Simple Words

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io इस वीडियो में हमने आपको बताया कि ब्लॉकचैन एक बड़ा सा बँटा हुआ डेटाबेस है जो हज़ारों – लाखों कम्प्यूटर्स पे शेयर्ड होता है और ये सारे कम्प्यूटर्स आपस में कनेक्टेड होते हैं। ब्लॉकचैन एक डिजिटल रजिस्टर की तरह है।ब्लॉकचैन एक ऐसा सिस्टम है जिसे हैक करना, हटाना या चेंज करना लगभग नामुमकिन है। बहुत से भारतीय बैंक्स ने इस ब्लॉकचैन टेक्नोलॉजी को इस्तेमाल करना शुरू कर दिया है, जैसे e-KYC के लिए. In this video, we explained the basics of blockchain…

Is post-Merge Ethereum PoS a threat to Bitcoin’s dominance?

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While Ethereum (ETH) fans are enthusiastic about the successful Merge, Swan Bitcoin CEO Cory Klippsten believes the upgrade will lead Ethereum into a “slow slide to irrelevance and eventual death.”  According to Klippsten, the Ethereum community picked the wrong moment for detaching the protocol from its reliance on energy. As many parts of the world are experiencing severe energy shortages, he believed the environmental narrative is taking the back seat. In an exclusive interview with Cointelegraph, Klippsten said “I think the world is just waking up to reality and Ethereum…