Yearly Archives: 2022

Big Eyes Coin – The more environmentally friendly version of Bitcoin and Litecoin

Climate change has become a bigger worry for people worldwide in recent years. This worry affects consumer behaviour, often opting for more environmentally friendly versions of similar products. A global study found that 68% of the world’s population worries about climate change, and 76% believe it’s big companies’ and corporations’ responsibility to combat climate change. Though this may seem unreasonable to some, a recent report shows that only 100… Source link

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What is PoW Ethereum (ETHW), and how does it work?

Ethereum blockchain shifted from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism on Sept. 15, 2022. Along with this move, ETHPoW, a distinct PoW blockchain (basically the old pre-Merge Ethereum) forked from Ethereum’s Merge, became live. This forked version of Ethereum aims to maintain the proof-of-work mining process for ETH miners. Any miner is permitted to add a block to the PoW network with the clear stipulation that the first valid block published is the correct one…. Source link

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Barclays Remains Positive on Bitcoin, Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’ – CoinDesk

Barclays Remains Positive on Bitcoin, Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’ – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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New Metrics Hint that Ethereum Whales Are Manipulating Prices

New Metrics Hint that Ethereum Whales Are Manipulating Prices

Wahid Pessarlay Crypto analyst CryptoQuant provided data that shows Ethereum whales have been significantly impacting asset’s value Ethereum (ETH) whale investors have long held significant influence over the token’s price movement on the market. This influence has taken on new curiosity as data provided by CryptoQuant indicates that whales are manipulating the price of ETH with their exchange activity. In a Quick Take posted on the blockchain data analytics site, an analyst argued that… Source link

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Monero (XMR) and Bitcoin Cash (BCH) Are No Match For Snowfallprotocol.io (SNW) Top Reasons Why!

Bitcoin Cash (BCH) and Monero (XMR) are two of the most popular cryptocurrencies in the world. Both have their pros and cons, but we believe that Snowfallprotocol.io (SNW) is a better option for investors and users. Here are the top reasons why!  >>BUY TOKENS<< What Is Monero (XMR)? Monero (XMR) is a cryptocurrency that focuses on privacy and anonymity. Transactions on the Monero network are untraceable, meaning that they cannot be traced back to the sender or receiver. Monero (XMR) also… Source link

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Bitcoin price plummets while miner hash rate soars to all-time highs

Bitcoin price plummets while miner hash rate soars to all-time highs

Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown.  The Bitcoin mining hash rate peaked at 258 exahashes per second (EH/s) on Oct. 4, according to Braiins Insights, a mining data tools and metrics company. Although the Bitcoin price is down 58% year-to-date against the United States dollar, the mining hash rate is up 43%. The past 3 months Hashrate. Source: Braiins.  Bitcoin Gandalf from the… Source link

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Crypto Contrarian: The Market Hates Litecoin, It Shouldn’t (Cryptocurrency:LTC-USD)

Crypto Contrarian: The Market Hates Litecoin, It Shouldn’t (Cryptocurrency:LTC-USD)

Phira Phonruewiangphing/iStock Editorial via Getty Images One of the most bizarre investor disconnects that I’ve seen in crypto is the one I’ve found in Litecoin (LTC-USD) over the last year or so. Like many other risk market assets, crypto investors can become emotionally attached to certain ideas. This emotional relationship that bulls have with their magic Internet monies is equally visible in the bears. We see this evidenced with some who will steadfastly ignore all blockchain-based… Source link

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Ethereum Price Could Rally If It Closes Above This Key Level

Ethereum is showing positive signs above the $1,300 level against the US Dollar. ETH could rally if it clears the $1,330 and $1,350 resistance levels. Ethereum is slowly moving higher and trading above the $1,300 level. The price is now trading above $1,310 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if… Source link

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Bitcoin Price Close Below $20K Could Spark Larger Degree Increase

Bitcoin price is slowly moving higher above $19,500 against the US Dollar. BTC could start a steady increase if there is a close above $19,600 and $20,000. Bitcoin remained well bid above the $19,200 and $19,000 support levels. The price is trading above $19,400 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $19,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a… Source link

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Why Monero was the crypto of choice for the Optus ‘hacker’

Why Monero was the crypto of choice for the Optus ‘hacker’

Not long after the Optus data breach, a message was posted on an online forum from someone named ‘optusdata’. Claiming to be responsible for the attack that exposed the personal information of millions of Australians, they wanted a ransom. There were two particularly interesting things about the demand. Firstly, they only wanted $US1 million – which seemed pretty low for such a massive breach. And second,… Source link

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