Crypto news

[PRESS RELEASE – Please Read Disclaimer] At 06:43 (UTC) on Sept. 15, 2022, Ethereum completed its merge at the block height of 15,537,393 and officially switched to the proof-of-stake consensus mechanism. From then on, Ethereum bid farewell to the seven-year proof-of-work (PoW) mining era. At the same time, Ethereum had officially hard forked from Ethereum, retaining the PoW consensus. As the network token ETHW of the Ethereum forked chain, it has been actively opened for...

Free Will – a philanthropic enterprise that engages in estate planning – says it’s established what it’s calling “Crypto for Charity” to ensure that all future crypto transactions and donations come with no fees. This means anyone that sends crypto to a non-profit on the firm’s roster will not be required to pay any more additional monies other than what they intend to give to the charitable cause. Free Will Makes Crypto Donations More Cost-Effective CEO of Free Will...

On the nervous global backdrop, the much anticipated “Merge” eventually transpired as a sell-the-news type of event. Cryptocurrencies suffered fresh declines in the wee hours of Monday morning. The global market cap fell to $909 billion, with a trading volume of $79.54 billion over the past 24 hours. Major assets such as Bitcoin and Ethereum slid below $19k and $1.3k, respectively, recording double-digit losses in the past day alone. With the palpable nervousness across...

[PRESS RELEASE – Please Read Disclaimer] An NFT gaming project full of utilities is preparing for its public mint. Sure, you have heard the same thing a lot of times, “a new project with utilities” and whatnot, but this is not like your regular project. Prime Aeternas is an under-development trading-card, play-to-earn, quest-based game on the Ethereum blockchain. What sets it apart from other gaming projects is its Quest mode which is the space for a tournament linked to...

[PRESS RELEASE – San Francisco, United States, 19th September 2022] Ankr, one of the world’s leading Web3 infrastructure providers, is thrilled to announce that it has partnered with the decentralized Ethereum scaling platform Polygon to enhance the building experience for Web3 developers who want to create application-specific blockchains with Polygon Supernets. Powered by the modular blockchain stack Polygon Edge, Supernets is EVM-compatible, interoperable, highly...

With so many people worried about how much energy is utilized by mainstream cryptocurrencies, it’s strange that more individuals don’t turn their attention to TRON, one of ETH’s biggest competitors. Is TRON the Ultimate Energy Saver? There are many arguments surrounding the amount of energy use in the crypto space. It appears bitcoin mining uses more energy than many developing countries (there have been countless reports published on this issue), for example. People...

Brian Armstrong – the CEO of Coinbase – has issued a statement on the current position of bitcoin and crypto in general that’s got quite a few people worried. He said that he cannot predict what’s going to happen in the coming future, and he has also warned that virtually anything could happen. So, what does that mean? Coinbase Has Been Moving Up and Down The state of the crypto market isn’t doing well as of late. Despite a recent bull run in the later weeks of August,...

Stellar lumen price started a fresh decline from the $0.1158 resistance zone against the US Dollar. XLM price is now trading below $0.1080 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.1040 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.1040 and $0.1000 support levels. Stellar lumen price is trading below $0.1080 against the US Dollar, similar to bitcoin....

Ripple price surged and traded close to the $0.4000 resistance against the US dollar. The price is now trading below $0.3500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3300 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3400 and $0.3350 support levels. Ripple price is correcting gains from $0.4000 against the US Dollar,...

Five-star hotel Palazzo Versace Dubai has started accepting cryptocurrencies as payment for stay, dining, and spa services. Guests can use BTC, ETH, and BNB to pay their bills, which will be processed through the Binance payment gateway. Palazzo Versace to Accept Crypto Payment   The 146-room ultra-luxury property ln Jaddaf Waterfront will also accept crypto payments for merchandise, mainly gifts and vouchers, on its e-commerce platforms, it said in a PR.  “Palazzo Versace’s...