Yearly Archives: 2022

While the banks were closed, Bitcoin reached 5,000 days online

The world’s largest cryptocurrency reached a milestone on Monday, Sept. 12 — Bitcoin (BTC) celebrated 5,000 days of uptime. The network has functioned almost without a hiccup for 13.69 years. In Bitcoin speak, the blockchain has been online, confirming a valid block of transactions every 10 minutes, on average, for 753,782 blocks (5,000 days). Plus, 3,464 days have passed since the last downtime incident.  The first Bitcoin block was mined by Satoshi Nakamoto on Jan. 3, 2009. Bitcoin… Source link

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Ethereum blockchain to undergo major upgrade to cut energy use

Representation of Ethereum, with its native cryptocurrency ether, is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register “Merge” software upgrade to take place in coming days Google estimates Merge will happen on Thursday Change set to slash Ethereum’s energy consumption LONDON, Sept 12 (Reuters) – A long-awaited software upgrade to the Ethereum blockchain aimed at slashing its huge energy… Source link

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Litecoin (LTC) Price Due For Short-Term Correction With Start Of The Week!

Litecoin (LTC) has been showing an excellent fightback from the start of this month. In the last two weeks, there has been a fresh decline in Bitcoin, Ethereum, and Litecoin. LTC ended August on a bearish note below the $55 price level. However, it recovered from its prices and broke the $60 mark this month. According to some observations and indicators, Litecoin can see a slight slip below $60 this week. Litecoin Can See A Decline Again! Litecoin (LTC) is one of the sufferers of the bloodbath… Source link

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A Bitcoin ETF Is Long Past Due, Crypto Lobbyists Say in New Report – CoinDesk

A Bitcoin ETF Is Long Past Due, Crypto Lobbyists Say in New Report – CoinDesk

“Capturing the historical record in one place is crucial to building awareness and accountability for not only these specific denials, but the Commission’s treatment of the industry as a whole,” she said. “A single denial may be viewed from one perspective, but when the SEC’s denials are viewed comprehensively, a pattern emerges that the agency must address or if they can’t address it, Congress should take action.” Source link

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Bitcoin (BTC) tops $22,000 ahead of inflation data, Ethereum merge

Bitcoin (BTC) tops ,000 ahead of inflation data, Ethereum merge

Bitcoin topped $22,000 as it continues a week-long rally ahead of U.S. inflation data and a highly anticipated Ethereum network upgrade. The world’s largest cryptocurrency hit $22,341.50 at 9:45 p.m. ET Sunday before dipping slightly, according to CoinDesk data. Bitcoin was trading at $22,203 at around 4:03 a.m. ET on Monday. After falling below $19,000 on Wednesday to its lowest level since June, bitcoin has since rallied around 17%. This also comes off the back of a winning week last week for… Source link

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The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a pivotal week on a firm footing as bulls succeed in wiping out weeks of losses. After closing the latest weekly candle at $21,800, its highest since mid-August, BTC/USD is back on the radar as a long bet. The end to an extended period of downside interspersed with sideways price action now appears firmly at an end, with volatility expected to form a major theme in the coming days. In fact, few weeks in Bitcoin’s history have been as hectic as this one is likely to be. In… Source link

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TA: Ethereum Gearing For Another Lift-Off to $2k: Rally Isn’t Over Yet

Ethereum gained pace above the $1,700 resistance against the US Dollar. ETH is showing positive signs and might even clear the $1,800 resistance. Ethereum started a major increase and settled above the $1,700 level. The price is now trading above $1,700 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,725 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear $1,780 to continue higher… Source link

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Litecoin [LTC]: What does this metric tell us about miners’ incentive to sell

Litecoin (LTC)’s bullish activity has risen since the start of the month. It managed to recover back above $60 after ending August on a bearish note. On the contrary, however, new observations seem to indicate that it might be about to experience another slip below the $60-level. Litecoin is one of the few cryptocurrencies that operates on a proof of work consensus mechanism. Miner flows have so far proved to be a significant sentiment driver influencing price action. Any… Source link

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Google gets in on Ethereum Merge excitement with nifty easter egg

As a sign of support for the upcoming Ethereum Merge, tech juggernaut Google is marking the time left until the upgrade with a new countdown timer.  Typing any variation of “Ethereum Merge” or “The Merge” into the search engine shows a countdown ticker, with the estimated time left until the Merge based on the current difficulty, hash rate, and merge difficulty. Off to the side is a cartoon of two happy pandas running toward each other with outstretched hands, which supposedly will get closer… Source link

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Ethereum: Chalking out ETH’s likely trajectory for the coming week

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum [ETH] registered an over 24% hike in the last two weeks after taking a u-turn from its two-month support around the $1,442-zone. With the $1,790-resistance coinciding with the upper trendline of the up-channel (yellow), the king alt could face near-term hurdles in the coming sessions. However, the broader sentiment of the coin could… Source link

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