Cadres of crypto developers began trickling into Bogotá, Colombia, on Monday in anticipation of Devcon, the Ethereum Foundation’s marquee global conference, which is set to kick off next week in the South American nation’s capital city.  But according to reports, some of crypto’s leading digital builders may already be second-guessing those travel plans. Twitter buzzed early Monday with rumors of Devcon attendees being robbed and experiencing other safety issues after arriving in… Source link

A worker installs a new row of bitcoin mining machines at the Whinstone US Bitcoin mining facility in Rockdale, Texas, the largest bitcoin-mining facility in North America.  Photo by MARK FELIX / AFP / AFP via Getty Images Bitcoin mining is notoriously energy-intensive, but new research suggests it may contribute as much to climate change as the… Source link

Ethereum is following the general sentiment in the market as Bitcoin and other cryptocurrencies make a run towards previous highs. The second cryptocurrency by market cap knocked some gains over today’s trading session but seems poised for a re-test of its lows before moving to the upside. At the time of writing, Ethereum (ETH) trades at $1,300 with a 2% profit in the last 24 hours and in the last week. Unlike in previous rallies, ETH’s price is lagging… Source link

Monero receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is… Source link

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Some of the biggest companies in the world are expected to report their 2Q earnings in October, including electric automaker Tesla on Oct. 18, tech giants Meta and Microsoft on Oct. 24, Apple and Amazon on Oct. 26 and Google on Oct. 30. Currently, the possibility of an even more severe global economic slowdown is in the cards and lackluster profits could further add to the uncertainty. Given the unprecedented nature of the United State Federal Reserve tightening and mounting macroeconomic… Source link

The parent company of mobile communications giant T-Mobile says it’s launching an Ethereum (ETH) staking validator as part of its support for the world’s second-largest blockchain by market cap. According to a new press release, Deutsche Telekom is supporting Ethereum’s transition from a proof-of-work consensus mechanism into a proof-of-stake one by operating validator nodes through its subsidiary T-Systems MMS. The press release also reveals that T-Systems MMS is teaming up… Source link

Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders close in on rangebound BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD taking aim at $19,500 after starting the month flat. The largest cryptocurrency reacted positively to lower than expected United States manufacturing data, while in Europe, market turmoil over Credit Suisse gathered pace… Source link

Litecoin (LTC), Bitcoin (BTC), and Bitgert (BRISE) – Today’s Price Predictions by Market Trends October 3, 2022 The crypto market has been stable today though the overall global marketcap was slightly in the red at the time of this writing. However, a bullish atmosphere is building up, and some of the coins have made a slight surge into the green. Litecoin (LTC), Bitcoin (BTC), and Bitgert (BRISE) are some of the coins that have done very well today. At the time of this writing, all… Source link

Arman Shirinyan Profitability of second biggest cryptocurrency on market is finally back above 50% Following massive corrections on Ethereum after the successful Merge upgrade implementation, ETH’s profitability reached values below 50%, making it officially unprofitable for the majority of holders. Luckily, the situation is changing. As IntoTheBlock’s indicator suggests, the current profitability of the second biggest asset on the market is sitting at 51%, making it profitable for… Source link