Bookmarking Crypto Insights
The Treasury Department was downbeat on crypto in two publications produced in response to the president’s executive order on digital asset development issued in March. Go to Source Powered by WPeMatico
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW. Now Ethereum blocks are verified by validators … Read more
Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise. Go to Source Powered by WPeMatico
A classic bearish reversal pattern suggest pain ahead for the ETH/BTC pair despite Ethereum’s milestone Merge event. Go to Source Powered by WPeMatico
The five fintech, payments, and e-commerce firms will create front-end prototypes for the digital euro, which will not be used in later phases of the CBDC project. Go to Source Powered by WPeMatico
Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoW) roughly five different crypto assets were the main beneficiaries of Ethereum’s former hashrate. However, 24 hours after The Merge, anonymous developers launched an Ethereum PoW fork called ETHW and the fork has managed to garner 60.92 terahash per second (TH/s) of hashpower. However, ETHW has lost … Read more
Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices. Go to Source Powered by WPeMatico
In one of three reports released simultaneously Friday, the Treasury Dept. talks cautiously about stablecoins and CBDC in the context of wider payment technology. Go to Source Powered by WPeMatico
Critics claimed the Biden administration’s reports focused on environmental concerns over crypto’s energy consumption and illicit uses rather than the technology’s benefits. Go to Source Powered by WPeMatico
PRESS RELEASE. Luart has announced an official rebranding to Arcnes, a move that will better position the NFT platform to innovate and grow to its fullest potential, and this is because Arcnes is more than just a marketplace; it’s a tool for blockchain-based gaming and NFT projects. In addition, the platform will assist project founders … Read more