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On Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away. Amid The Merge update from the Ethereum Foundation, during the last month, Ethereum network costs have printed some of the lowest onchain fees since 2020. […]Powered by WPeMatico
Crypto and stock markets corrected as traders grew nervous ahead of Wednesday’s FOMC minutes, but the real stress point is whether traders will “buy the dip.”
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The Merge will still reduce the network’s energy consumption by an estimated 99.5%.
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Bitcoin continued to trade below $24,000 today, as the token fell for a fourth consecutive session. Following last week’s bullish run, upwards momentum in crypto has eased, leading to a return of bearish sentiment. Ethereum was also lower, as it dropped below its resistance of $1,885. Bitcoin Bitcoin (BTC) fell for a fourth consecutive session […]Powered by WPeMatico
EOS attempts to become a fully decentralized network following a key “hard fork” in September.
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$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ethereum are quickly extinguished.
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Major resistance levels enter for U.S. equities, bringing with them fresh headwinds for crypto as Bitcoin and Ethereum lose $24,000 and $2,000, respectively.
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On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). The post, published by Coin Center’s Jerry Brito and […]Powered by WPeMatico
Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in China had grown by less than expected, heightening concerns of an upcoming global recession. Bitcoin also declined on Tuesday. Bitcoin Bitcoin (BTC) was once again […]Powered by WPeMatico
XP Inc has become the latest Brazilian fintech player to offer crypto trading services, following Nubank and MercadoLibre.
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