The weekend's volatility continued into Monday's trading session as U.S. markets were closed for Independence Day celebrations, with Bitcoin continuing to hover below $20,000 and ETH still close to breaking below $1,000. The currency Bitcoin started the week in the red as the world's largest crypto token continues to hover below $20,000. BTC/USD fell to …
BTC and ETH start to hover at key support levels this week Read More »
Ethereum continues to account for a significant share of fake coins. This also applies to miners. In 2021, Ethereum miners earned $3 billion more than their Bitcoin counterparts. This year, however, the positive narrative around ETH miners has taken a big hit. Are the miners out yet? Well, the first thing is the high-profile Merge. …
Check the expected earnings of Ethereum miners in a "merger. Read More »
Sales of irreplaceable tokens (NFT) managed to hold steady this week, while the crypto economy suffered more losses over the past seven days. NFT sales for 18 blockchains were $152.9 million in the previous week and $154.3 million in sales were executed in the past week. While Ethereum had the most NFT sales this week, …
NFT sales avoided the crypto market slump this week, with volume up slightly Read More »
By Ethereum (ETH) 1: Blockchain data analysis platform Nansen released an analysis report on 29th, saying that the UST decoupling and the subsequent collapse of Terra ecosystem spread effect, while Three Dart Capital, Celsius and other institutions are aggravating stETH decoupling is both catalyst and victim. Nansen, a blockchain data analysis platform, released a report …
Stablesoins are crypto assets that are tied to another asset, such as fiat currency or precious metal. Staboins are designed to maintain a relatively stable price so that users avoid the volatility risks common in the crypto market. Stablecoins are divided into three types: fiat support, encryption support and algorithm support. Stablecoins backed by fiat …
PoW has always been criticized for its excessive energy consumption. Now ethereum, as the largest and most ecologically prosperous public chain in the blockchain field, has shifted its verification mechanism from PoW to PoS, which has attracted important attention in the circle. The essence of a blockchain is a decentralized ledger, which is a public …
Ethereum moves to POS consensus, is POW Consensus obsolete? Read More »
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, said in an interview with CNBC that bitcoin is the only cryptocurrency he feels comfortable calling a commodity publicly. Speaking on CNBC's Squawk Box, Gary Gensler reiterated his view that many cryptocurrencies are securities and remain a "highly speculative asset class." "Many of these crypto …
The SEC chairman implied that Ether was a security Read More »
In recent years, as the price of Bitcoin has skyrocketed, more and more content about virtual currency has appeared in the public eye. Virtual currency is an unregulated digital currency, usually issued and controlled by its developers, and used and accepted by members of a specific virtual community. As the name suggests, "virtual currency" is …
A new round of currency consolidation or will come? Read More »
In China, a lot of mines have been closed, recently, the country consecutive, hands, Inner Mongolia, Qinghai, Sichuan and other places, closed bitcoin mines. For a time bitcoin, Chia, ether mines have moved out, Or Europe, or the United States, to the point of airlifting thousands of mining machines. Lead to instant panic in the …
Why is Fil coin more popular after bitcoin and Ethereum ban mining Read More »
Dogecoin is an open-source peer-to-peer digital currency favored by crypto enthusiasts around the world. Dogecoin was originally created as a joke, referencing an icon of a shiba inu with a funny expression that has become popular on the Internet. However, since its creation, the cryptocurrency has continued to grow in popularity and value. Over the …