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July 29, 2022
Schwab said the investment vehicle will offer exposure to firms involved in mining and staking as well as those developing blockchain-based apps or distributed ledger technology. Schwab Asset Management, the asset management arm of financial giant Charles Schwab, has launched an exchange-traded fund (ETF) with exposure to firms linked to cryptocurrencies.  In a Friday announcement,...
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Bitcoin meetups have been around for years, but now there are companies helping Bitcoiners to meet and even find love “IRL.” Finding real love starts with Bitcoin (BTC). That’s according to the founders of Bitcoiner dating service The Orange Pill App and LoveisBitcoin. The services join a growing list of ways in which Bitcoin enthusiasts...
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Ethereum Classic is a relatively smaller PoW chain compared to Ethereum in terms of usage and hash rate. Ethereum’s proof-of-work (PoW) powered by GPUs generated approximately $19 billion in revenue last year for ETH miners. But these revenue streams are in danger as Ethereum is expected to become a proof-of-stake (PoS) blockchain via “the Merge” upgrade...
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Many experts believe that the recent slew of insolvencies may be good for the market in the long run, weeding out any weak players from the industry. The past six-odd months have been nothing short of a financial soap opera for the cryptocurrency market, with more drama seemingly unfolding every other day. To this point,...
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The adult entertainment industry is known to be one of the first to try new technologies, and the blockchain seems to be the next on the list. The cryptocurrency market is no stranger to speculation. Consider that despite this industry’s growth, many continue to view these assets and associated technologies as a bubble that is...
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Ethereum is all set to transition to PoS by the third week of September, but most of the promised scalability features would only be available after 2023. The Ethereum blockchain is on the verge of one of the most crucial technical updates since its inception, moving from proof-of-work (PoW) to proof-of-stake (PoS), also called Ethereum...
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Mining expert Mohamed El Masri predicts that Bitcoin will be worth around $430,500 when the last coin is minted. When the last Bitcoin (BTC) is finally mined, the livelihood of miners who rely on block rewards as a source of income will be affected. Despite this, the future of mining stays promising, according to an...
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Cryptocurrency market analysts unpack the ramifications of consecutive quarters of negative GDP growth in America. Data from the United States commerce department suggests America has entered a technical recession, but market analysts have highlighted key metrics that suggest investors are optimistic. The American economy shrunk for the second consecutive quarter, according to government data released...
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Estimates for July inflation across the euro area make for grim reading at 8.9%, with the U.S. dollar rebounding. Bitcoin (BTC) sought to pin $24,000 as support before the July 29 Wall Street open as fresh inflation data sparked worries for the euro. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Eurozone inflation estimate shows no...
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The Vasil hard fork was originally scheduled to go live in June, but teams behind the Cardano blockchain development have prioritized a smooth network transition. After failing to go live last month, the Cardano (ADA) Vasil hard fork is delayed again as teams behind the Cardano blockchain development target a smooth network upgrade. Input Output...
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