Ethereum co-founder Vitalik Buterin discussed the upcoming ‘Merge’ in which Ethereum will make a full transition from proof-of-work to a low energy intensive proof-of-stake mechanism for validating on-chain transactions. Photo: Michael Ciaglo/Getty Ethereum will change its monetary policy in the long-awaited ‘Merge’ upgrade, with the annual issuance of its ether (USD-ETH) cryptocurrency to be slashed by up to 90%. That sets the stage for ethereum to become deflationary, meaning that a greater… Source link

Nastco / Getty Images Did you miss your opportunity to buy Bitcoin when it was first released in 2009? The first cryptocurrency, which also represented the launch of blockchain technology for decentralized finance, launched at a price close to zero and didn’t hit $1 until February… Source link

Investors are looking at Monero (MXR) as a good investment option. On July 20, the crypto was trading at $152.80, but early on July 21, the price fell to $146.30. Another possible reason for Monero’s recent rally could be the strong development activity in the project. Investors are looking at Monero (MXR) as a good investment option, especially after its recent rally. The altcoin has seen a good bull run since its latest local low, but at the time of writing, MXR has been… Source link

Ethereum remained well bid above the $1,465 level against the US Dollar. ETH could start a fresh surge if there is a close above the $1,600 resistance. Ethereum corrected lower but the bulls were active near the $1,465 zone. The price is now trading above $1,500 and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $1,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if there is a clear move… Source link

Vitalik Buterin wants you to know that Ethereum is just 40% complete—and there’s plenty more coming after the “merge.”  At the Ethereum Community Conference in France Thursday, the Ethereum co-founder shared his vision for future developments well beyond the network’s move to proof of stake. In fact, the move—often referred to as “the merge,” because it will combine the Ethereum mainnet with the proof-of-stake beacon chain—is just the first in a series of planned… Source link

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The price of Bitcoin (BTC) has been in freefall for most of 2022, with contagion rocking the cryptocurrency markets alongside broader macro concerns—paired with a tenuous geopolitical climate. This week has brought a sudden relief rally, sending the price of Bitcoin as high as $24,200. BTC has pulled back slightly… Source link

Bitcoin (BTC) briefly broke above $24,000 on July 20, but the excitement lasted less than two hours after the resistance level proved more challenging than expected. A positive is that the $24,280 high represents a 28.5% increase from the July 13 swing low at $18,900. According to Yahoo Finance, on July 19, the Bank of America published its latest fund managers survey, and the headline was “I’m so bearish, I’m bullish.” The report cited investors’ pessimism, expectations of weak corporate… Source link

Tesla has pulled back from its $1.5 billion investment in Bitcoin, which it announced in early 2021. Here, a Bitcoin ATM is seen last year inside a New York City store. Michael M. Santiago/Getty Images hide caption … Source link

On Thursday, Vitalik Buterin, co-founder of Ethereum, shared his long-term vision for the namesake blockchain live at the annual Ethereum Community Conference, or EthCC, in Paris. As told by Buterin, Ethereum is currently at an inflection point, or period of rapid change, before the ecosystem’s capability will eventually settle down.  Currently, the foremost priority for Ethereum is building an easy-to-use light client for consensus layer, execution layer, and layer-two solutions by default…. Source link

The main purpose of Litecoin is to become a global payment system with more scalability and faster transaction speed. It helps to make borderless payments without any central authority such as a bank and offers faster transactions at lower costs. All these benefits make Litecoin one of the popular platforms for small transactions, whereas Bitcoin remains a preferred network for bigger transactions. The main purpose of originating a forked version of Bitcoin is to improve the Bitcoin… Source link