Bitcoin (BTC) fell back below $20,000 after the Aug. 30 Wall Street open as data showed hodlers selling at a loss. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView June lows look increasingly attractive Data from Cointelegraph Markets Pro and TradingView captured the latest dive below the 2017 bull market peak for BTC/USD, with United States equities dropping in step. The S&P 500 and Nasdaq Composite Index lost 1.1% and 1.25% in the first hour, respectively, while BTC/USD shed 2.5%… Source link

Text size Bitcoin prices have collapsed this year amid a wider selloff in risk-sensitive assets. Dreamstime … Source link

As we close in on the Merge, Ethereum is facing a crucial junction on its course. The Merge preparations are doing very well on the network as the ETH 2.0 deposit contracts continue to register new all-time highs (ATHs). Meanwhile, stablecoin activity on Ethereum has been increasing according to a recent tweet by analytic firm Santiment. USDT on Optimism is almost nothing compared to USDT on Ethereum. DAI on Optimism is also increasing and could flip its holdings on Ethereum… Source link

This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin International. It is an article adaptation of his speech for BitBlockBoom 2022 in Austin, Texas. We’re living through an era of immense change and the money is broken. But on the bright side, we have this monetary technology, Bitcoin. On the downside, a lot of people don’t understand the point of Bitcoin because they’re trapped in fiat mindsets. Consider this… Source link

Editah Patrick Editah is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates her, she finds the intersection of both technology and finance mind-blowing. Her particular interest in digital wallets and blockchain aids her audience. Source link

A popular crypto analyst is examining how one upstart blockchain designed for scalability compares to the leading smart contract platform. In a new video, the anonymous host of InvestAnswers provides his 444,000 YouTube subscribers with a detailed analysis comparing Ethereum (ETH) with rival Solana (SOL). The host first considers technical metrics as transactions per second (TPS) and number of decentralized applications (DApps) built on each project’s respective… Source link

In recent months, the Ethereum (ETH) network has been the centre of conversation within the cryptocurrency community ahead of the Merge upgrade. The announcement of the historic upgrade briefly resulted in Ethereum surging in value, but has since experienced bearish moves due to the broader crypto market volatility.  In this line, the number of Ethereum addresses in loss hit a new monthly high based on a seven-day moving average at 38,001,366 as of August 30, data by blockchain… Source link

Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 30 (Reuters) – Who can save bitcoin? The world’s biggest cryptocurrency can’t seem to catch a break. It finally looked to be regaining strength this month, breaching $25,000 for the first time since its June collapse, only to relapse towards $20,000. A deflating end to August has forced the market to confront… Source link

Hetzner’s Decision Spurs Debate About Decentralization of Crypto Infrastructure Struggles to decentralize have long shaped the development of smart contract and governance layers in the crypto ecosystem.  Last week something else struck: Hetzner, the second largest hosting provider for Ethereum, clarified that crypto miners may not use its server farms to support the blockchain network, or any other crypto venture.  ‘Not Permitted’ “Using our products for any application related to… Source link

Litecoin (LTC) has been having a rough time pumping its value since 2022’s big market meltdown. The majority of cryptocurrencies likewise was experiencing the same misery. Since last month, however, the (bear) market has shown indications of resurgence (well, depending on which cryptocurrency article you are reading), allowing LTC to reach $63 by the middle of this month. The public’s interest in cryptocurrencies has varied drastically over the past several years. It has piqued the… Source link