TORONTO–(BUSINESS WIRE)–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO:ETHC) announces that it has begun participating in staking on the newly launched Ethereum 2.0 network and has committed to running a validator node on the network. Ether Capital’s validator has been running since Ethereum 2.0’s genesis block which was confirmed at approximately 7:00am ET on December 1, 2020. Ethereum has begun the transition to a “proof of stake” protocol,… Source link

Bitcoin (BTC) price has officially reached a new all-time high on Dec. 1 above $19,892 after nearly three years, according to data from Coinbase and Tradingview. BTC/USD weekly chart (Coinbase). Source: Tradingview.com Despite the Thanksgiving crash last week, BTC price has managed to rebound throughout the weekend. BTC then easily passed the $19,000 mark on Monday to reach its all-time high, albeit on a couple of exchanges. There are three key trends that fueled BTC’s rise from sub-$3,600 in… Source link

Bitcoin pulled back after making a run at $20,000 on Tuesday amid skepticism over the cryptocurrency’s intense rally. Prices rose to an intraday record of $19,914.33 and then sharply retreated. In an interview with Bloomberg Television, Gary Cohn, a former economic chief to Donald Trump, said the token “lacks some of the basic integrity of a real market” and could eventually fail. … Source link

As bitcoin surpassed its 2017 all-time high on Monday morning, a few hours later 5,045 BTC or $97 million worth of bitcoin from the 2016 Bitfinex hack was transferred. The hackers that stole the funds four years ago have moved the bitcoins numerous times this year. The hackers that stole 119,756 BTC from the cryptocurrency exchange Bitfinex on August 2, 2016, have moved a number of stolen coins in 2020. The coins that… Source link

Ethereum 2.0 genesis stakers have pushed the total number of Ethereum nodes past the number of Bitcoin nodes for the second time this year. According to Ethernodes.org, 11,259 Ethereum nodes are currently active, giving it a roughly 1% lead over Bitcoin’s 11,136. Ethereum’s node count last surpassed Bitcoin’s in early September. The number of Ethereum nodes has increased by more than 50% in the past two weeks or so, spiking from 8,086 on Nov. 15 — 11 days after the Eth2 deposit… Source link

Bitcoin reached an all-time high price Monday, three years after its last spike. Jordan Mansfield/Getty … Source link

Most investors that follow Bitcoin will have recently heard about the growing impact Bitcoin (BTC) futures and options markets have on Bitcoin price. The same can be said for the price swings caused by liquidations at OKEx and Huobi exchanges. Considering that derivatives markets are now playing a much bigger role in Bitcoin price fluctuations, it is becoming increasingly necessary to review some of the key metrics professional traders use to gauge activity in the markets. While reviewing… Source link

REUTERS/Jim Urquhart Bitcoin hit a record high on Monday, surging above its peak reached in December 2017. The world’s most popular cryptocurrency climbed as much as 8.7%, to $19,857.03, bringing its year-to-date gain to 177%. “The Bitcoin correction didn’t last long, with the cryptocurrency having sights set on new highs once again,” a senior market analyst at Oanda said. Rising inflation and increasingly negative views of modern monetary policy are forcing investors to look… Source link

Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third straight weekly loss in a row. Moreover, last week gold saw the largest weekly outflow ever, as investors seem to be selling the… Source link

While some near-term pricing correction is likely to be expected, analysts who spoke to CoinDesk said bitcoin’s latest rally will be more sustainable for the long term compared with 2017, the last time bitcoin’s price hit an all-time high. One difference from the last bull run? The current market has gained support from a new wave of institutional investors mainly based in North America. “You could look at the timing of the rally, which coincided with typical U.S. market open hours,”… Source link