Optimism increases over a macro Bitcoin bottom as daily gains top 9% for BTC/USD on the Wall Street open. Bitcoin (BTC) circled $21,000 at the Sep. 9 Wall Street open as newly-won gains endured. Meanwhile, the total cryptocurrency market capitalization has crossed back above the $1 billion mark. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView…
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The successful completion of the last shadow fork signaled the readiness of the Ethereum network for migrating to a proof-of-stake consensus mechanism. Ethereum (ETH) developers confirmed the successful completion of the prerequisites — shadow forks — required for the highly anticipated blockchain upgrade, The Merge. Shadow forks help developers stress test synchronization assumptions to ensure…
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Quantum computing still has a long way to go before posing a threat to blockchain technology. Quantum computing has raised concerns about the future of cryptocurrency and blockchain technology in recent years. For example, it is commonly assumed that very sophisticated quantum computers will one day be able to crack present-day encryption, making security a…
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A recent report has narrowed ETHPOW’s downside target to $18 if the token ever comes to life post-Merge. The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success. ETHPOW drops 80% On the daily chart, ETHW’s price dropped by more than 80% to…
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The class action suit filed accusing tech billionaire and CEO of Tesla, Elon Musk, of running a pyramid scheme to promote Dogecoin (DOGE) has been amended this week to include more defendants and plaintiffs. … Read More: More Defendants Named in $258 Billion Dogecoin Lawsuit against Elon Musk Read more »Sign up for e-EUR – the…
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U.S. car maker Ford is gearing toward the Metaverse and non-fungible token (NFT) market, with the company filing a total of 19 trademark applications related to these technologies with the U.S. Patent and Trade Office (USPTO). … Read More: Car Maker Ford Files NFT Trademarks Ahead Of Metaverse Move Read more »Sign up for e-EUR –…
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The three altcoins cosmos (ATOM), OKB and ravencoin (RVN) all pumped in the market today, as sentiment in nearly all major cryptoassets improved markedly. For ATOM, the native token of the Cosmos chain, the pump began Friday morning around 7 am UTC, when ATOM suddenly surged through the USD 14 level, after a failed attempt…
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American director Quentin Tarantino’s venture into the non-fungible token (NFT) sphere, with an offer of handwritten pages from the screenplay of his 1994 blockbuster Pulp Fiction and related drawings, can move forward as the artist and movie production company Miramax have settled a lawsuit the firm filed against Tarantino last year…. Read More: Quentin Tarantino,…
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Blockchain developers have slowed down their contributions to top crypto projects amid the lingering market downturn, with Bitcoin and Ethereum experiencing a decline of over 30% in developer activity over the past three months. … Read More: Developer Activity on Bitcoin and Ethereum Plummeted in 2022 Read more »Sign up for e-EUR – the progressive stablecoin
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure…
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