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IRS rules weren’t ready for the Ethereum upgrade. It’s unlikely to become the fiasco that taxpayers experienced when Bitcoin forked in 2017, but there are measures they can take to prepare for whatever the IRS decides. Go to Source Powered by WPeMatico
After showing signs of life on Monday, Bitcoin and Ethereum’s prices stagnate with little movement over the past 24 hours. The good news is that the trading volume for both BTC and ETH remains relatively high, which could suggest a potential upcoming bull run later in the week. Let’s look at relevant news affecting markets … Read more
Following a turbulent start to the week, bitcoin was back in the green on Tuesday, as the token climbed back above $20,000. The move saw prices race to their highest point in nearly two weeks, moving past a key resistance level in the process. Ethereum was also trading higher, as it neared the $1,400 level. … Read more
Ethereum’s Merge became final on Sept. 15, 2022. Seven developers are here to tell you why they believe it made Ethereum more sustainable, energy-efficient, and democratic. Go to Source Powered by WPeMatico
Bitcoin and altcoins appear to be ignoring the headline of the U.S. dollar index soaring to a 20-year high as the British pound plummets to a record-low against DXY. Go to Source Powered by WPeMatico
After remaining flat over the weekend and exhibiting little price action, Bitcoin and Ethereum are showing signs of life today as trading volume for both crypto assets rises significantly. Bitcoin is trading at $19k, up 1% in the past 24 hours, with a 24-hour trading volume of $40.2 billion, up over 77% today. In comparison, … Read more
Bitcoin started the week trading below $19,000, as recent economic pressures continued to weigh on cryptocurrency markets. The token fell lower in today’s session, as market sentiment remained bearish following last week’s rate hikes by the U.S. Federal Reserve. Ethereum was also lower, falling below $1,300. Bitcoin Bitcoin (BTC) slipped below $19,000 to start the … Read more
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% … Read more
There’s little to smile about for Bitcoin bulls as the weekly candle nears completion at nearly the same place as two years ago. Go to Source Powered by WPeMatico
After struggling with prices all week, Bitcoin and Ethereum remain flat as trading volume drops this Saturday significantly. The global cryptocurrency market cap remains below the $1 trillion level, currently at $943 billion. This signals the bears are on the playing field, and with last week’s 0.75% interest rate hike by the Fed, the market … Read more