Uncertain BTC price action continues as Ethereum trends downward despite the successful Merge. Bitcoin (BTC) spent a second day threatening $20,000 support on Sep. 15 as markets processed the Ethereum (ETH) Merge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC stuck between price magnets’ Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking below...Continue Reading
Ethereum traders are betting on a “sell-the-news” event on the day of the Merge as ETH exchange balance jumps. Ethereum successfully completed its long-awaited transition to proof-of-stake via “the Merge” on Sep. 15, while traders have been increasingly shorting Ether (ETH) in anticipation of a sell-the-news event. Ethereum funding rate plumme Ether’s futures funding rates...Continue Reading
Iran has decided to legalize the use of crypto in cross-border payments, which could impact how some countries view crypto. With the Trade Ministry officially approving the use of cryptocurrencies for foreign trade, Iran will become the first-of-a-kind adopter in the world. The obvious problem with the news is that the country’s innovative policy obviously...Continue Reading
Together, ETHW mining pools already make up more mining capacity in terms of block share than Ethermine, which opted to shut down mining operations. Despite Ethereum’s historic transition to a proof-of-stake (PoS) consensus mechanism, mining pools are increasingly signing up for mining on the upcoming proof-of-work (PoW) version of Ethereum. EthereumPoW, the community advocating for...Continue Reading
“Frankly, it’s about time that the SEC and U.S. attorney’s offices focused on real crimes and fraud.” This is the second part of my column about the crackdown on insider trading involving crypto. In the first part, I discussed the criminal indictment of Nathaniel Chastain, a former product manager at the OpenSea NFT marketplace. I...Continue Reading
The Merge happened, and now the community watches like proud parents as Ethereum takes its first steps as a proof-of-stake consensus. The long-awaited Ethereum Merge has happened, and the community can’t sit still. Moments after the historic crypto event, one user minted the first ever nonfungible token (NFT) on the proof-of-stake (PoS) consensus. Officially the...Continue Reading
Ethereum’s long-awaited Merge with the Beacon Chain is complete — here’s what the long-term roadmap for the continued development of the protocol looks like. The Ethereum blockchain has successfully completed its shift away from proof-of-work to proof-of-stake (PoS) consensus following the merge of the Mainnet and the Beacon Chain. The Merge took place on Sep.15...Continue Reading
The Securities and Exchange Commission of Thailand is preparing to take radical measures in the aftermath of the summer’s crypto lending platforms’ crashes. The Securities and Exchange Commission (SEC) of Thailand is preparing to take radical measures in the aftermath of crypto lending platforms’ crashes experienced in Summer 2022. Thai SEC plans to prohibit crypto...Continue Reading
Vitalik Buterin, the co-founder of Ethereum, tweeted a message to thank everyone that helped make the Merge happen. As the Merge successfully shifted the Ethereum network to proof-of-stake (PoS), the ETH community seized the opportunity to celebrate by dropping artworks and music inspired by Ethereum. Nonfungible token (NFT) artist Beeple, the creator of one of...Continue Reading
Tokenization provides new liquidity to the real estate market by making it easier for people to trade and invest in properties. A few years back, the concept of owning and trading fragments of physical real estate might have seemed too far-fetched for many. But with the advent of blockchain technology, real estate tokenization is providing...Continue Reading
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