Yearly Archives: 2022

Ethereum miner balance reaches four-year high weeks before the Merge

The Ethereum Merge is slated for Sept. 15, which will see the Ethereum blockchain move from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge is being touted as one of the biggest upgrades for the Ethereum blockchain as it would help the network move to a more energy-efficient way of verifying transactions and eliminate PoW mining completely. With the Merge date approaching, Ether (ETH) miner’s balance has touched a new four-year high. According to Oklink… Source link

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Potential Bitcoin price double-bottom could spark BTC rally to $30K despite ‘extreme fear’

Potential Bitcoin price double-bottom could spark BTC rally to $30K despite ‘extreme fear’

Bitcoin’s (BTC) price may climb by more than 50% in September, a month otherwise considered ominous for the cryptocurrency due to its poor historical returns.  BTC price double-bottom and then to $30K? The conflicting upside signal comes from a potential double-bottom pattern on Bitcoin’s longer-timeframe charts against the United States dollar. Double-bottoms are bullish reversal patterns that resemble the letter W due to two lows and a change in direction from downside to upside.

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Monero Mining Malware Finds Success at Top of Google Search

Nitrokod is currently featured at the top of Google search results for popular apps, including Translate The malware maliciously mines monero using users’ computer resources, echoing once-prolific CoinHive An insidious malware campaign targeting users searching for Google applications has infected thousands of computers globally to mine privacy-focused crypto monero (XMR). You’ve probably never heard of… Source link

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Bitcoin is for those in need, the rest need time to learn: Surfin Bitcoin Panel

Bitcoin (BTC) is there for those that need it most; the rest may need time to learn. This message reverberated around the casino conference hall during a panel at Surfin Bitcoin, a Bitcoin-only conference in Biarritz, France, on Aug 26.  Panelists Ben Perrin, a Bitcoin Youtuber; Ernesto Hernandez, a Salvadoran business consultant; and Carol from the popular Brazillian Youtube channel “Area Bitcoin” tackled a tricky topic: “Victims of the Banking System around the world: Inflation,… Source link

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Along with Solana and Litecoin, HachiFi is providing innovative features and referral bonuses

   Cryptocurrencies have been around since Bitcoin’s (BTC) inception in 2011, but the growth of the crypto space over the past few years has been jaw-dropping. As more people learn about cryptocurrencies, their popularity keeps growing. The introduction of utility tokens has further exploded the excitement cryptocurrencies create. Alongside popular Solana (SOL) and Litecoin (LTC), HachiFi (HACHI) — a new utility token — can surpass popular top cryptocurrencies in value. Here… Source link

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Ethereum continues to outperform in July and August

According to the latest CryptoCompare report, Ethereum continues in its bull run, outperforming the market in both July and August. Ethereum-based products benefit from the rise Ethereum-based products led the rebound in July and continued to outperform in August. AUM (Assets under Management) for Bitcoin-based products fell 7.16% to $17.4 billion, while Ethereum-based products posted gains of 2.36 percent to $6.81 billion.  In fact, even at a more granular level, no Bitcoin products… Source link

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Bitcoin mining has never been more competitive even as BTC loses 13% in August

Data from on-chain monitoring resource BTC.com confirms that on Aug. 31, Bitcoin’s network difficulty hit new all-time highs. Bitcoin seals biggest difficulty jum since start of 2022 Despite the recent BTC price drawdowns, Bitcoin’s network fundamentals are telling an optimistic tale as August comes to a close. Both difficulty and hash rate are climbing, reflecting conviction among miners over long-term profitability of their network participation. It also suggests that the mining sector is… Source link

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Big Eyes Coin, FTX, & Litecoin

In a world where nothing seems functional anymore, especially in finance, there is a call to develop sustainable markets for income generation. So far, blockchain technology has done that. Users are provided with platforms that provide freedom and control over assets. This was virtually unimaginable a few years ago.  Today, individuals can make massive profits from the comfort of their homes, transact value without… Source link

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Bitcoin: It Can't Get Much Worse, Or Better, For Now – Seeking Alpha

Bitcoin: It Can't Get Much Worse, Or Better, For Now – Seeking Alpha

AlessandroPhoto Thesis Summary Bitcoin (BTC-USD) briefly slipped below $20,000, following what many took as bearish remarks by Jerome Powell at Jackson Hole on Friday. The broader crypto market also experienced weakness throughout the weekend but has since recovered well. It seems to me like the current outlook and expectations are very bearish, which seems like a bullish indicator. The more people expect things to get worse, the more likely we get a bullish surprise. Bitcoin is trading near… Source link

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Litecoin (LTC), Low Volatility but Falling Tuesday: Is it Time to Cash Out? – InvestorsObserver

Litecoin (LTC), Low Volatility but Falling Tuesday: Is it Time to Cash Out? – InvestorsObserver

Litecoin (LTC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Digital Money has fallen 3.17% to $53.59. InvestorsObserver is giving Litecoin a 23 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Low Volatility InvestorsObserver gives Litecoin a low volatility rank of 23, placing it in the bottom 23% of cryptos… Source link

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