Is Ethereum about to overtake bitcoin? Ethereum Is Getting Much Bigger This was the question on several analysts’ minds as the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin announced a few weeks ago that it was getting closer to its long-sought merge. The process will involve Ethereum transforming into Ethereum 2.0. The network is switching from a proof of work (PoW) module to proof of stake (PoS). This will allegedly make...
Read More »The Fed’s Approach to Inflation Harms Crypto, Says Bitfury’s CEO
Brian Brooks – Chief Executive Officer of the crypto infrastructure provider Bitfury – thinks the Federal Reserve’s approach to tackling inflation is one reason for the current downturn. He also criticized the US Securities and Exchange Commission (SEC), claiming that it prefers to sue individuals and companies rather than outline appropriate guidelines beforehand. Inflation has been an issue for numerous countries for a while now. Leading economies like the USA, the UK, and...
Read More »Recovery: Bitcoin Reclaims $20K, ETH Regains 10% (Market Watch)
The past 24 hours took a turn for the better as, the broader cryptocurrency market added over $50 billion to its total capitalization and reclaimed the coveted $1 trillion level. This comes on the back of Bitcoin reclaiming $20K and Ethereum pushing for $1.6K at the time of this writing. Bitcoin Price Bouncing Back Yesterday, the BTC price slipped towards $19,500, where it seems to have marked some sort of a local bottom as that’s where the bulls took more definitive steps to...
Read More »Bittrex: Darum lohnt sich ein Account bei dieser Bitcoin-Börse
Die Kryptobörse Bittrex bietet rund 200 Handelspaare an, was zu den größten Sortimenten an Kryptowährungen auf dem Markt gehört. Hintergrund zu Bittrex Die Exchange wurde 2013 mit Sitz in Las Vegas gegründet. Der Handel ist seit 2014 auf Bittrex möglich. Unter Fachleuten und Anlegern genießt die Kryptobörse ein hohes Ansehen allein schon wegen ihrer Gründer: Es handelt sich um ehemalige Mitarbeiter von Microsoft. Einer Regulierung vergleichbar mit...
Read More »Sports betting – the easiest type of crypto gambling
The global financial markets have witnessed a multitude of roles for blockchain technology within the last few years. Popular cryptocurrencies such as Bitcoin, Ethereum, Dogecoin and so on managed to dominate the volatile cryptocurrency market. Given this matter, many countries have banned entry into sports betting because governments cannot track all financial transactions. However, the advent of blockchain technology and legal cryptocurrency trading has allowed...
Read More »Cardano (ADA) Price Analysis: Uphill Task Near $0.465
ADA price failed to surpass the $0.500 resistance and declined against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.460 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.425 support zone. Cardano price is struggling below $0.50 against the US Dollar, similar to bitcoin. ADA price...
Read More »Glaube an Bitcoin ist gross: Auf den Bitcoin-Adressen ruhen die Coins seit mehr als einem Jahr
Vom Allzeit-Hoch notiert die Digitaldevise Bitcoin (BTC) weit entfernt. Und doch ist das Vertrauen in die Kryptowährung nicht erodiert, im Gegenteil. Noch nie in der Geschichte gab es so viele Bitcoin-Adressen, die länger als ein Jahr nicht angerührt wurden – von einem panischen Ausverkauf der breiten Masse keine Spur, wie aus einer neuen Infografik von Block-Builders.de hervorgeht. Der Bitcoin hat sich von seinem Allzeithoch im Oktober 2021 wieder...
Read More »CME Group Launches Euro-Denominated Bitcoin and Ether Futures
The Chicago Mercantile Exchange (CME) has announced the launch of euro-denominated Bitcoin and Ether futures in its marketplace. According to a press release from CME Group, Bitcoin and Ether Euro futures will each be sized at 5 Bitcoin and 50 Ether per contract. Contracts will be cash-settled, based on the CME’s euro reference rate for each cryptocurrency. That means that they won’t deal in the exchange of actual Bitcoin or Ethereum. “Our new Bitcoin Euro and Ether Euro...
Read More »3 Reasons Why BTC is Trailing Alts During the Bear Market: Genesis
Joshua Lim – Head of Derivatives at Genesis Trading – recently provided a breakdown of Bitcoin’s late underperformance against the rest of crypto. He provided 2 metrics indicating that Bitcoin’s price is “heavy” relative to previous market cycles, followed by qualitative reasons for why this is the case. Ethereum Outperforming Bitcoin Per a Twitter thread from Lim on Sunday, the first indicator of Bitcoin’s ‘heaviness’ is its performance against Ethereum. The ETH/BTC price...
Read More »Mt Gox Creditor Refutes Bitcoin Dumping Rumours
Eric Wall, a creditor of Mt. Gox, confirmed that new reports swirling that 137,000 BTC sent to creditors would soon be dumped on the market are false. In a recent Twitter thread, Wall said the repayment system is not live yet. While addressing the rumors floating around across social media channels, the former CIO at Oslo-based crypto investment firm Arcane Assets said the payouts will also occur in tranches over months instead of offloading thousands of BTC all at once,...
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