As the Ethereum community anticipates Ethereum 2.0, a public testnet has already recorded impressive participation. The testnet has already pulled in more than 22,000 validators.Ethereum 2.0 Testnet from Prysmatic LabsThe test in question is the one from Prysmatic Labs, a team of software engineers basically working on the future of Ethereum. It launched its testnet on Thursday, September 9 and quickly dwarfed all other single-client tests within a week.By Thursday last week, former Google...
Read More »U.K. Tax Agency Offers a $130,000 Bounty on Privacy Coin Traceability
The U.K’s taxman clamps down on tax evasion and money laundering. HMRC offers $130,000 for anyone who can trace BTC, ETH, and an array of privacy coins. Will the UK become the next crypto hub? The U.K.’s taxman is looking to crack down on private transactions. HM Revenue and Customs (HMRC), the tax authority for the U.K., has granted a bounty of $130,000 (£100,000) for anyone that can effectively track and identify crypto criminals. But what does this mean for privacy...
Read More »ETC Merger with Ethereum 2.0 Shard Is Possible, Says Vitalik Buterin
Ethereum Classic (ETC) has had an exciting start of the year. ETC price has climbed and the token briefly made it to the top ten coins recently. At the time, the leaderboard was dominated by three bitcoins and two eths for several hours.This copy clone of Ethereum can be merged into Ethereum 2.0 in the same way as a new shard-like eth’s current Proof of Work (PoW) chain will be integrated. Ethereum’s co-founder, Vitalik Buterin, publicly said that it is technically very possible. He...
Read More »Ethereum Price Analysis: ETH Loses Critical Support At $170, What’s Next?
Sudden bearish action is causing FUD in the market If ETH reclaims $180, buyers are likely to gain more control. The bullish trend is on hold for now amidst major correction.ETH/USD: Sudden Correction Still Causing Panic For BuyersKey Support Levels: $159, $147, $136Key Resistance Levels: $177, $188, $200Against USD, Ethereum’s price saw massive growth over the last couple of weeks. At the time of writing, ETH is priced at around $168, with approximately 2.68% gains over the last...
Read More »#795 Bitcoin Mining Gewinne, Ethereum DEFI Wachstum & Maduro startet Petro Krypto Casino
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 795. Heute sprechen wir über folgende Themen: Bitcoin Mining fährt fünf Milliarden US-Dollar ein, Ethereum durch DEFI zu 1 Billion Marktkapitalisierung & Maduro startet Petro Krypto Casino. 1.) Bitcoin Mining fährt fünf Milliarden US-Dollar einhttps://www.btc-echo.de/bitcoin-mining-faehrt-fuenf-milliarden-us-dollar-ein/ 2.) Ethereum kann durch DeFi eine Billionen Dollar Marktkapitalisierung...
Read More »Ethereum Price Analysis: ETH Primed For Fresh Rally
Ethereum price corrected lower recently and traded below the $170 support against the US Dollar.ETH price is currently trading above the key $161 and $159 support levels.There is a major bullish trend line forming with support near $160 on the 4-hours chart (data feed from Coinbase).The price is likely to start a fresh increase as long as it is above the $160 support.Ethereum price is trading in a strong uptrend above $160 against the US Dollar. ETH/USD is likely to revisit $178 and $180...
Read More »The Sacramento Kings Will Auction Retired Jerseys On the ETH Blockchain
Sports and blockchain technology have gotten along quite well in the past few years, and the latest evidence shows how much that relationship has matured. The Sacramento Kings basketball team is working with ConsenSys to launch a new blockchain-based auction platform that will allow it to sell retired jerseys on the Ethereum network.The Kings and Ethereum: A Perfect Match?The partnership will permit individuals to “live-bid” on retired jerseys. The maneuver is designed to fight fraud and...
Read More »Mike Novogratz: Why Are Altcoins Booming?
Mike Novogratz of Galaxy Digital is skeptical of the sudden altcoin rally that crypto enthusiasts have been witnessing over the past several days.Mike Novogratz: What the Heck Is Going On?A wide variety of cryptocurrencies – including Ethereum (ETH), Ripple’s XRP and bitcoin SV (BSV) – have all jumped over the past week, with bitcoin SV surging by as much as 99 percent. This likely stemmed from the news that Craig Wright was cooperating in the lawsuit against him by Ira Kleiman, who claimed...
Read More »UK’s Tax Authority To Leverage Blockchain To Track Bitcoin Transactions
UK’s Revenue and Customs agency is ready to invest up to $130,000 towards the development and implementation of a new “cryptoanalysis” tool. According to a recent report, the United Kingdom’s tax authority, HM Revenue and Customs (HMRC) is looking for, “vendors to showcase their capabilities by demonstrating their expertise in the field of crypto-asset tracing.”The new software tool will be used to help the tax authority trace several types of cryptocurrency transactions, which are stored...
Read More »Swiss Franc May Be Used as Proxy for Gold, Says Goldman Sachs
Ever since the geopolitical tensions in the Middle East where top Iranian military commander Qassem Soleimani died, the incident is the main explainer for why gold reached six-year highs. Now when in the recent days the Swiss Franc is surging, Goldman Sachs Co-Head of Global Foreign Exchange Zach Pandl believes it could be because it may be being used as a proxy for gold. He says that CHF follows gold in terms of price swings. Pandl said that on Monday morning it was trading around...
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