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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 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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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 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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Vitalik Buterin wrote that supporting DAOs with transferable governance tokens is contradictory and enables the power-hungry. The governance discussion intensifies as decentralized autonomous organizations (DAOs) become more popular in the blockchain space. The dilemma between giving power to a specific few and the freedom to voluntarily delegate decision power was highlighted in a Twitter thread...
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Bitcoin price performance is taking in increasingly higher resistance levels as July gains could top 20%. Bitcoin (BTC) delivered a swift six-week high into July 29 as the aftermath of the latest macro developments boosted risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Monthly close could seal 20% gains Data from Cointelegraph Markets Pro...
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