Tag: News

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results – Altcoins Bitcoin News

After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to date. Ethereum’s Negative Annual Issuance and Unlocked Ether in March Could Shift Equilibrium Statistics from the analytics website ultrasound.money show that the Ethereum network is deflationary these days. More than 1.023 million ether is removed…

TOTHESMART Is Transitioning to Its Own Token What Is the TTS Token Phenomenon? – Press release Bitcoin News

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press release PRESS RELEASE. TOTHESMART is a PlayToEarn mining farm built on Binance Smart Chain blockchain. The project works on decentralization principles and believes that the best way to develop community and promote blockchain industry in Mass Adoption is a game engine with open rules of the Game prescribed in blockchain. The project was released more than 200 days ago. We’ve already wrote about it in a previous press release. TOTHESMART uses stable BUSD token to interact with smart contract mining farm, but due to a series of high-profile negative…

Bitcoin Flips Visa Again | Blockchain News

Since the beginning of the year, the price of Bitcoin (BTC) has increased by 48%, which has caused its market valuation to once again surpass that of the payment processing behemoth Visa. According to CoinMarketCap, with the price of Bitcoin sitting at $24,365 at the moment, its market size of $470.16 billion is now only slightly more than that of Visa, which has a market cap of $469.87 billion at the moment. Companies Market Cap reports that this is the third time Bitcoin has “flipped” Visa’s market cap, meaning that…

Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens – Altcoins Bitcoin News

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Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week against the greenback. Core Helium Devs Reveal Network Migration Date to Move to Solana The Helium Network, a chain dedicated to the internet of things (IoT), plans to migrate with the Solana blockchain network, according to a blog post published by…

SOL 11% Higher, BCH Hits Strongest Point Since July  – Market Updates Bitcoin News

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Solana rose by as much as 11% to start the week, as the token moved higher for a fourth consecutive session. Market sentiment has mostly been bullish in the past two weeks, leading to prices hitting a multi-month high on Monday. Bitcoin cash also surged, climbing to its strongest level since July. Solana (SOL) Solana (SOL) rose by over 11% in Monday’s session, as the token raced to a multi-month high earlier in the day. Following a low of $24.04 on Sunday, SOL/USD surged to an intraday peak of $26.93…

Paxos Takes on SEC as Asian Crypto Trading Volume Increases by 80% – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  After Bitcoin’s incredible rally to $25,000 last week, Bitcoin is currently consolidating around $24,500. Amongst the regulatory onslaught in the US that has occurred recently, crypto investors have been unphased. The SEC issued a Wells Notice for Paxos (the issuer of BUSD) last week, who have a direct relationship with global digital asset platform Binance. The SEC told Paxos that they are planning to sue them for their issuance of BUSD, supposedly because BUSD is a security. However, it…

World-Leading Cloud-Mining Service Provider BitFuFu Launches ANTMINER Coupons Trading Function – Press release Bitcoin News

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press release PRESS RELEASE. On 21st February, BitFuFu will announce the launch of the ANTMINER coupons trading function at the WDMS conference. ANTMINER coupons are issued by the world’s leading miner manufacturer BITMAIN, which can be used to offset the purchase order amount of ANTMINER produced which was sold by BITMAIN, thereby reducing the cost of miners for investors and improving the return on investment efficiency. Currently, ANTMINER coupons can be transferred through the BITMAIN website, and miner investors can find relevant information on the Coupon Master, which is BITMAIN…

Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art – Bitcoin News

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With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins, Bitcoin Shrooms, Inscribed Pepe, Planetary Ordinals, Based Apes, Satoshi Punks, Ordinals Eggs, Block Munchers, and more. Although the inscription trend is still young, several collections are attempting to establish themselves in this emerging market, and some are selling for significant value. Collections on Bitcoin Blockchain…

Bitcoin Hits $25,000, Following Moving Average ‘Death’ Cross – Market Updates Bitcoin News

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Bitcoin was hovering close to $25,000 on Feb. 20, as cryptocurrency markets traded close to recent highs. Markets started the week partially in the green, ahead of a key week of economic data. The United States FOMC (Federal Open Market Committee) will release its latest minutes on Wednesday, followed by U.S. gross domestic product data on Thursday. Ethereum continues to trade above $1,700 today. Bitcoin Bitcoin (BTC) remained close to the $25,000 level to start the week, as market sentiment shifted towards bulls. Following a high of $25,093.06 on Sunday,…

Crypto Dominates as Payment Method for Remote Workers in Latam – Bitcoin News

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Most remote workers in Latam prefer to get paid in crypto, according to the latest report from the Deel Lab for Global Employment. The reasons behind the finding are said to be diverse, but include the instability of some of the local fiat currencies, and the influence of high levels of inflation in the region. Remote Workers Prefer to Be Paid With Crypto in Latam According to a report from the Deel Lab for Global Employment, most remote workers in Latam prefer to be paid in cryptocurrency, reinforcing the popularity…