Ethereum (ETH) was on an absolute rampage to finish October with 20% 7D gains and record ETH short liquidations. Adding to the Web3 blockchain’s tailwinds, Alphabet Inc.’s Google just unveiled Blockchain Node Engine with support for Ethereum. In Blockchain Node Engine, Google boasts a fully managed node-hosting service for Web3 developers. Google Cloud touts Cloud for Web3 as a way for blockchain devs to: “Build and scale faster with simple, secure tools and infrastructure...
Read More »Weak Jobs Report Results in Further Dips for BTC
Bitcoin fell again in mid-October following the release of a jobs report that showed the Labor Department adding less than 264,000 jobs during the previous month of September. This was considerably less than what many analysts and labor experts felt would occur. Jobs Didn’t Look Great in September The jobs report resulted in massive hits to the crypto market, with bitcoin falling by more than three percent and eventually settling in the $19,300 range. Ethereum and many...
Read More »Byzantine Fault Tolerance in Blockchain: A Closer Look
The field of cryptocurrencies has expanded tremendously over the past couple of years. The rise of new projects also presents various ways developers are tackling existing problems in the field. One term that is tossed around quite often is the “BFT consensus mechanism.” BFT stands for Byzantine Fault Tolerance, and it presents a theoretical problem in computer systems that existed long before Bitcoin. However, many blockchain-based protocols are engaged in solving the...
Read More »Crypto Regulation Will Be Priority for G20 Under India Presidency
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Read More »Värdex bietet Krypto-Gutscheinkarten neu auch in allen Postfilialen an – und ergänzt das Angebot mit neuen Währungen
Der einfachste, bequemste und sicherste Weg zu Kryptowährungen: Neu gibt es die cryptonow-Gutscheinkarte für Kryptowährungen auch in den knapp 800 Postfilialen der Schweiz zu kaufen. Das Sortiment umfasst zudem neu die digitalen Währungen Ethereum, Solana, Polkadot und Avalanche. Eine Kundenumfrage von cryptonow hat ergeben, dass die Kundschaft die Gutscheinkarte sich am häufigsten selbst schenkt. Das Schweizer Blockchain-Unternehmen lanciert die Retail Gutscheinkarte für Kryptowährungen...
Read More »Ethereum Price Analysis: Bulls Aim More Gains Above $1,600
Ethereum price is gaining pace above the $1,500 level against the US Dollar. ETH price is now trading above $1,450 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $1,605 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,650 resistance zone. Ethereum price is rising above the $1,400 level against the US Dollar. ETH/USD could rise further if it clears the $1,650...
Read More »Raoul Pal Bullish on Ethereum (ETH) Outperforming Bitcoin (BTC), Here’s Why
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Read More »Could Stocks and Bitcoin Be Losing Their Correlation?
Many people are wondering if the prices of bitcoin and Ethereum are still correlated with the stock market. Some have been taking note of the unique price patterns that have been witnessed throughout the year, as while the general crypto space has moved in tandem with stocks throughout 2022, both BTC and ETH have seemingly moved on their own. Bitcoin and Stocks… Are They Losing Their Bond? For the most part, one can easily assume that since stocks have gone down and both...
Read More »ETH Soars Above $1600 but is a Correction Coming? (Ethereum Price Analysis)
Following the recent recovery of Bitcoin, Ethereum’s price seems to be following suit and is now showing strength after months of bearish price action. The market is breaking above key levels one by one. Is the momentum going to continue? Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price has broken the descending channel pattern to the upside after a rebound from the $1250 support level. The significant bearish trendline is also being tested at...
Read More »Analysts: Bitcoin Could Turn Around in 2022’s Final Months
The world of crypto hasn’t been doing well as of late. Bitcoin, for example, is down roughly 70 percent from its all-time high of about $68,000 per unit in the month of November last year, while other leading assets such as Ethereum have followed suit, ultimately contributing to the massive, $2 trillion valuation loss incurred by the crypto space since January. Bitcoin and Crypto Headed for Reversals? Digital assets are facing their most bearish conditions in history,...
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