In recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a blog post called “Endgame,” published on December 6, the co-founder of Ethereum, Vitalik Buterin discussed plans to improve scaling, the upcoming proof-of-stake transition, and censorship resistance. Buterin Outlines Plausible Ethereum Scaling Roadmap in Endgame Blog Post Vitalik Buterin, the prominent co-founder of the Ethereum project, has outlined… Source link
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Polkadot, Litecoin, MANA Price Analysis: 10 December
Most altcoins tried to recover as the bears extended their trend and capitalized on the broader sentiment. Altcoins like Polkadot and Litecoin formed a bearish flag while MANA recovered from a bearish pennant over the past day. The near-term technicals for these cryptos undeniably preferred the bears. Polkadot (DOT) TradingView, DOT/USDT DOT has rather aggressively declined after striking its ATH on 4 November. After a 17 day downfall in a descending channel, it saw a slight recovery… Source link
Read More »Satoshi Nakamoto, Craig Wright and a bitcoin mystery in America | Bitcoin
In Budapest, there is a bust by the Danube River. The face is bronze, and blank, so people can see their own faces reflected back at them. It is wearing a hoodie, with the bitcoin logo on the chest. It is a statue of the mysterious Satoshi Nakamoto. Nakamoto is the person or persons who developed bitcoin. They are anonymous and pseudonymous. They created a decentralised, digital commodity which is now worth more than a trillion dollars globally. It is a peer-to-peer way of transferring money,… Source link
Read More »Is Litecoin Gambling Viable in 2021? – CryptoMode
Believe it or not, litecoin is one of the most popular cyptocurrencies in the world. Like bitcoin, the crypto boasts a high market capitalization, and it has been around for a decade. What’s more, litecoin is an accepted medium of exchange on various platforms such as cryptocurrency gambling sites. Therefore, you should expect to come across numerous top gambling sites that support litecoin gambling. It is worth highlighting that litecoin is one of best tokens for crypto gambling…. Source link
Read More »Why Bitcoin, Ethereum, and Solana Are Moving Lower Today
What happened Today, three of the biggest cryptocurrencies, Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Solana (CRYPTO:SOL), are all trending lower. As of 10 a.m. ET, these three cryptocurrencies have seen declines of 0.6%, 4.6%, and 4.9%, respectively, over the past 24 hours. It appears a number of catalysts are responsible for this downside move. Increasing regulatory oversight in the U.S., concerns around global crypto mining crackdowns,… Source link
Read More »Trader who called 2017 Bitcoin price crash raises concerns over ‘double top’
Bitcoin (BTC) could be forming a so-called “double top” pattern after falling by over 30% from its record high of $69,000, suggests Peter Brandt, a veteran trader known for correctly calling the crypto market top in December 2017. The bubble has been popped. Bull market in $BTC over for some time. For analog look at Gold chart from 2011 on wards pic.twitter.com/AUSiGH0eCg — Peter Brandt (@PeterLBrandt) December 22, 2017 The Factor LLC CEO recalled Bitcoin’s inability to extend its price… Source link
Read More »Inflation hedge? Bitcoin jumps after US consumer price data | Crypto News
Bitcoin extended gains after data showed US consumer prices increased at the fastest pace in nearly four decades. By Vildana HajricBloomberg Published On 10 Dec 202110 Dec 2021 Bitcoin extended gains after a report showed U.S. consumer prices increased at the fastest pace in nearly four decades. The largest cryptocurrency by market value has long been touted as an inflation hedge, in part because of its fixed supply. Bitcoin rose as much as 4.4% to $50,101 in New York trading on Friday. The… Source link
Read More »Litecoin (LTC) has a Neutral Sentiment Score, is Falling, and Underperforming the Crypto Market Friday: What’s Next?
Litecoin (LTC) gets a neutral rating from InvestorsObserver Friday. The coin is down 1% to $158.22 while the broader crypto market is down 0.63%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Litecoin… Source link
Read More »Bitcoin hovers near $48K ahead of fresh key US inflation data
Bitcoin (BTC) recovered above $48,000 on Dec. 10 after another fall took BTC/USD to lows of $47,350 overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Taper tantrums Data from Cointelegraph Markets Pro and TradingView showed the pair orbiting $48,300 at the time of writing as markets braced for November’s Consumer Price Index (CPI) readout. As Cointelegraph reported, economists tip this month’s year-on-year inflation data to beat October at 6.7%. While last month’s… Source link
Read More »Missed Out on Ethereum? Here’s What to Buy Now
Ethereum (CRYPTO:ETH) is one of the hottest cryptocurrencies of the year, with a market cap of more than $521 billion — nearly one-quarter of the crypto market as a whole. Because Ethereum is so popular, it’s also one of the most expensive cryptocurrencies. It’s currently priced at just over $4,400 per token, up nearly 700% over the past 12 months. Cryptocurrency is still in its infancy, so Ethereum has plenty of room for growth. Although it’s one… Source link
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