It’s been a challenging 24 hours for crypto investors, with most coins and tokens posting significant losses following the news that the US Securities and Exchange Commission (SEC) had filed a lawsuit against Binance and its CEO, Changpeng Zhao. Bitcoin (BTC) and Ethereum (ETH) dropped by over 5% after the news broke, as investors opted to sell off their crypto assets. However, there were some glimmers of hope for these investors, with several prominent crypto personalities...
Read More »Bitcoin: Kühlschränke brauchen mehr Strom!
Bitcoin, die weltweit bekannteste Kryptowährung, hat in den letzten Jahren sowohl Enthusiasten als auch Kritiker gleichermassen fasziniert. Einer der Hauptkritikpunkte an Bitcoin ist der hohe Stromverbrauch, der mit dem Mining-Prozess verbunden ist. In diesem Artikel werfen wir einen Blick auf den Stromverbrauch von Bitcoin, die damit verbundenen Herausforderungen und mögliche Perspektiven für eine nachhaltigere Zukunft. Bitcoin-Mining ist der Prozess, durch den neue Bitcoins erzeugt und...
Read More »Cboe Digital Bags CFTC Approval to Trade Bitcoin and Ether Futures
The CFTC has officially given Cboe Digital the approval it needs to offer margined futures contracts trading to clients. Cboe Global Markets’ digital asset exchange has received approval to allow users to trade crypto futures contracts. Customers of the Cboe Digital platform will now trade Ether (ETH) and Bitcoin (BTC) futures contracts later this year following the CFTC’s approval for an amended order of registration. The Commodity Futures Trading Commission (CFTC) gave Cboe Digital...
Read More »Ethereum Price Analysis: ETH Turns Red Below $1,850
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is gaining bearish momentum below the $1,850 resistance against the US Dollar. ETH price is now trading below $1,840 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $1,860 on the 4-hour chart (data feed from Coinbase). The pair could...
Read More »Ethereum Transaction Fees Drop by 80% as PEPE Enters a Slumber
Ethereum gas fees spiked to their highest level since 2022 following May’s memecoin comeback championed by the emergence of “Pepe the frog” themed altcoin, PEPE. This trend, however, appears to have slowed down amidst a waning interest in PEPE despite transforming several investors into overnight millionaires. According to new data by on-chain analytic firm IntoTheBlock, the total Ethereum transaction fees declined by more than 16% this week alone. Total Ethereum transaction...
Read More »PEPE Whales Selling at Huge Losses as Meme Coins Continue Bleeding
PEPE coin whales have seen better days as the cryptocurrency loses another 9% in the past 24 hours. Some of the larger investors are calling it quits and are selling at a considerable loss. Data from the popular on-chain analytics resource Lookonchain revealed that at least two whales are realizing considerable losses. One of them is an address ending at 0x4614, which sold a total of 375.8 billion PEPE at a loss of $142,000 (worth some 76 ETH) today. Another whale sold around...
Read More »Ordinal ApeCoin (oAPE) Offers Easy Access To The Bitcoin Ordinals Market
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ordinal ApeCoin (oAPE) announces its innovative approach to access the booking Bitcoin Ordinals market through a widely available Ethereum token, oAPE. By combining the representation of the Bitcoin Apes ordinals collection with decentralized autonomous organization (DAO) principles, oAPE revolutionizes the way...
Read More »Want to Become an Ethereum Validator? You Have to Wait 45 Days and Here’s Why
This year, Ethereum’s network officially transitioned to a Proof-of-Stake consensus algorithm, leaving Proof-of-Work forever behind. One of the multiple implications The Merge has had on the protocol is that there are no longer Ethereum miners. Validators secure the network now, and the path to becoming one is supposed to be tremendously simplified – deposit 32 ETH to the staking contract and run the appropriate software. But it turns out that there’s quite a queue for...
Read More »Following Shapella, Institutions Are More Interested in Ethereum
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ever since the Shapella upgrade, it appears more institutions are interested in Ethereum. Ethereum Is Getting Way More Attention Ethereum is the world’s second largest digital currency by market cap and the primary competitor to bitcoin. Not long ago, the asset rose beyond the $2K mark for the first time in...
Read More »Former Ethereum Miner CoreWeave Inks an AI Deal With Microsoft
The cryptocurrency industry continues to comingle with that of artificial intelligence in what is reported as a new deal between tech heavyweight Microsoft and former Ethereum miner – CoreWeave. According to recent coverage by CNBC, Microsoft has signed a deal with the former Ethereum miner – CoreWeave. It’s worth noting that CoreWeave has spun up its usage of cloud computing infrastructure from Ethereum mining and is currently one of the rapidly developing providers. It...
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