Since the epic launch of Ethereum 2.0 last Tuesday, there have been tons of data about its activity to decipher and analyze. Early statistics shared after the first day of launch in our previous newsletter revealed how Eth 2.0 was inundated with 66% more funds than the minimum required to secure network operations. We were also able to view in real time the progression of over 100 epochs, in which more than 3,000 blocks were processed by validators.  Heading into the network’s second week… Source link

Bitcoin’s options market has flipped bearish for the short term, as demand rises for ways to hedge against further sell-offs in the spot market.  The top cryptocurrency by market value fell to $17,640 earlier Wednesday, the lowest since Nov. 29. Prices later rebounded somewhat and bitcoin was last seen changing hands near $18,300, according to CoinDesk 20 data.  Prices have declined by $1,000 in the past 24 hours, taking out crucial technical levels and triggering fears of a deeper decline… Source link

Business Insider Investor Ray Dalio hosted a plain-spoken Reddit session on Tuesday at which users had the chance to ask him anything from his outlook for financial markets, to the potential of Bitcoin. The billionaire also discussed China’s leadership, emphasized the importance of diversification in a portfolio, and how a “flood of money” is lifting asset prices. Here are the 10 best quotes from Dalio’s “Ask Me Anything” session. Visit Business Insider’s homepage for more… Source link

Bitcoin has fallen sharply over the last 24 hours, moving away from the key $20,000 per bitcoin level. The bitcoin price lost over $1,000 in a matter of hours, down over 5%, with cryptocurrency traders eyeing sharper falls for other major tokens ethereum, Ripple’s XRP, litecoin and chainlink—all down around 10% and wiping billions of dollars from the combined value of the world’s cryptocurrencies. With bitcoin dropping under $18,000 per bitcoin for the first time this month, traders are… Source link

Bitcoin has fallen sharply over the last 24 hours, moving away from the key $20,000 per bitcoin level. The bitcoin price lost over $1,000 in a matter of hours, down over 5%, with cryptocurrency traders eyeing sharper falls for other major tokens ethereum, Ripple’s XRP, litecoin and chainlink—all down around 10% and wiping billions of dollars from the combined value of the world’s cryptocurrencies. With bitcoin dropping under $18,000 per bitcoin for the first time this month, traders are… Source link

SAN FRANCISCO–(BUSINESS WIRE)–Kraken is pleased to announce its new Ethereum 2.0 staking service has passed a key milestone, with clients depositing well over 100,000 ETH (over $60 million) in just four days since launch. The total amount staked on Kraken hit the 100k threshold Tuesday, meaning approximately 8% of the ETH currently staked for Ethereum 2.0 is now staked on Kraken. On-chain staking allows clients to help verify the network in return for additional tokens, making… Source link

Volume doldrums and December sluggishness caused bitcoin to slip steadily below $19,000; ether options above spot are highest at $1,120 strike price. Bitcoin (BTC) trading around $18,705 as of 21:00 UTC (4 p.m. ET). Slipping 1.7% over the previous 24 hours. Bitcoin’s 24-hour range: $18,629-$19,299 (CoinDesk 20) BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Bitstamp since Dec. 5. Source: TradingView The price of bitcoin took a tumble… Source link

Upon completing the Exordium investment, Pixelmatic CEO Samson Mow, Forbes reporter Michael del Castillo, and acting Exordium CEO Sonny Alvez Dias, watch litecoin creator Charlie Lee show his securities tokens. Michael del Castillo On the evening of October 28, the creator of the $5.2 billion cryptocurrency litecoin, Charlie Lee, received stock in a little-known video game startup called Exordium, using technology built on the bitcoin blockchain. While a stock allocation… Source link

Bitcoin has been moving between $18,000 and roughly $20,000 since November 30. (Photo by Jordan … [+] Mansfield/Getty Images) Getty Images Bitcoin prices have been trading north of $18,000 since late last month, fluctuating above this level as the cryptocurrency benefits from multiple bullish factors. The digital currency has stayed above $18,000 since November 30, according to CoinDesk data. Several analysts commented on these price movements,… Source link

Bitcoin has been hovering just under its all-time highs for a few weeks now, leaving investors guessing if or when it will break the psychological $20,000 per bitcoin barrier. The bitcoin price has soared this year partly due to companies including business-intelligence firm MicroStrategy MSTR and payments giant Square SQ adding bitcoin to their corporate treasuries. Now, the Nasdaq NDAQ -listed MicroStrategy has said it’s going to almost double its bitcoin… Source link