Ripple co-founder, Chris Larsen. BankXRP/YouTube Ripple’s cofounder thinks bitcoin developers should be concerned about its proof-of-work technology. He suggested shifting to a more carbon-neutral method like proof-of-stake or federated consensus. “Such a change is critically important for bitcoin to remain the world’s dominant cryptocurrency.” Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The conversation around bitcoin’s environmental threat seems to be… Source link

Ripple co-founder, Chris Larsen. BankXRP/YouTube Ripple’s cofounder thinks bitcoin developers should be concerned about its proof-of-work technology. He suggested shifting to a more carbon-neutral method like proof-of-stake or federated consensus. “Such a change is critically important for bitcoin to remain the world’s dominant cryptocurrency.” Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The conversation around bitcoin’s environmental threat seems to be… Source link

Here’s how two brothers became Bitcoin billionaires. Tyler and Cameron Winklevoss, better known as the Winklevoss twins, have several claims to fame. You may have heard of their dispute with Mark Zuckerberg over the creation of Facebook — especially if you’ve watched The Social Dilemma. If you’re a sports buff, you might know they took sixth place in the men’s pairs rowing event at the 2008 Beijing Olympics. But more than that, the Winklevoss twins are crypto pioneers and Bitcoin… Source link

With Bitcoin down more than 25%, we’re sure there are no few Bitcoin (CRYPTO: BTC) holders wondering if this is the beginning of the end. What we want to point out is that, historically, every time Bitcoin has corrected it has always bounced back Free Book Preview Money-Smart Solopreneur This book gives you the essential guide for easy-to-follow tips and strategies to create more financial success. April 24,… Source link

Ethereum Ethereum fell by 1.22% on Friday. Partially reversing a 1.79% gain from Thursday, Ethereum ended the day at $2,370.05. A mixed start to the day saw Ethereum rise to an early morning intraday high $2,442.29 before hitting reverse. Falling short of the first major resistance level at $2,596, Ethereum tumbled to an early morning intraday low $2,060.00. The sell-off saw Ethereum fall through the first major support level at $2,254 and the second major support level at $2,108. Steering clear… Source link

EOS, Bitcoin SV [BSV], and Monero [XMR] have been among the alts impacted by the falling market. The altcoins have been plunging and the trends have vastly changed across the market. EOS Source: EOSUSD on TradingView EOS price has been following the trend of the largest altcoin Ethereum [ETH] and surged to its annual peak of $9.02 in the previous week. However, the price has slipped by 50% since and the current value of EOS was $5.18. This falling value of the digital asset has given way to… Source link

Ethereum is currently recovering from a dramatic 20.68% sell-off just 24-hours after it formed a new all-time high of $2,645. At the time of writing the world’s second largest cryptocurrency is trading at $2,262 after bouncing by more than 8% from its overnight lows. The sell-off was reflected across the wider cryptocurrency market, with Bitcoin slumping below $50,000 for the first time since March 7 as speculators begin to question whether the bull market has come to its conclusion. It’s… Source link

Cryptocurrencies like Bitcoin, Ether and Dogecoin took a beating Friday, extending a recent run of wild swings as President Joe Biden is expected to unveil a plan to raise taxes on the wealthiest Americans that would nearly double levies on investment gains. The losses erased more than $200 billion of value from the cryptocurrency market, according to CNBC, citing data from CoinMarketCap. Given bitcoin’s meteoric rise in recent years, it could push some investors to sell their positions in an… Source link

Topline Bitcoin—the world’s most popular cryptocurrency—struggled to recover its losses on Friday after plunging below the $50,000 price level in the early hours of the morning thanks to investor jitters over President Biden’s plan to nearly double capital gains taxes for the wealthy.  getty Key Facts A wave of selling that started early Friday morning pushed bitcoin’s price as low as about $47,814, according to crypto-data website CoinMarketCap, and wiped $97… Source link

Bitcoin slipped on Friday as reports of U.S. President Joe Biden mulling a tax hike on wealthy Americans drew stronger selling pressure in the spot market. The biggest cryptocurrency traded well below the 100-day simple moving average support of $49,470 during the European hours, marking the first breakdown of the widely tracked technical line in six months and extending the recent sell-off from record highs above $64,000. Other alternative cryptocurrencies such as ether, binance token, XRP, Source link