Yearly Archives: 2022

Ethereum Foundation treasury expands non-crypto assets to 19%

The Ethereum Foundation (EF) has released a report detailing how its $1.6 billion treasury consists mostly of Ether (ETH), but with a surprising 18.8% in non-crypto assets. In total, the EF non-profit organization which manages the funds for Ethereum developments holds about 0.3% of the current total ETH supply, amounting to roughly $1.3 billion which is verifiable on Etherscan. However, its non-crypto holdings account for a sizable $302 million share. The April 2022 report is the first issued… Source link

Read More »

The End of ETH or the Right Time to Buy?

The End of ETH or the Right Time to Buy?

Image source: Getty Images Could another coin dethrone Ethereum? Key points The recent market crash has a widespread effect on the entire cryptocurrency market and can open up many investment opportunities. The utility offered by Ethereum makes it a difficult token to dethrone. … Source link

Read More »

Bitcoin Holding Support Above $37K; Resistance at $45K – CoinDesk

Bitcoin Holding Support Above $37K; Resistance at $45K – CoinDesk

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 compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Read More »

Ethereum Foundation Reveals How Much ETH it Holds as of March 2022

The Ethereum Foundation (EF) – a non-profit organization that supports the second-largest blockchain protocol – disclosed that its treasury equals around $1.6 billion. $1.3 billion of it is distributed in digital assets (primarily ETH), while approximately $300 million belong to non-crypto investments. The EF Sold ETH at the ATH In its financial report, the Ethereum Foundation revealed that 99.1% of its total $1.3 billion crypto holdings are held in ETH. This amount was… Source link

Read More »

What Would Deglobalization Mean for Bitcoin’s Price? – CoinDesk

What Would Deglobalization Mean for Bitcoin’s Price? – CoinDesk

On the other hand, the Fed also might move to tamp down inflation by tightening monetary policy, which could crimp economic growth and put downward pressure on stock prices and, lately, bitcoin has been unusually correlated with stocks. The last time the U.S. saw inflation at the current, elevated levels was in the early 1980s, and the Fed, then led by Paul Volcker, raised the benchmark interest rate to nearly 20%. Source link

Read More »

XMR Crypto Prices Spike as Monero Bulls Coordinate Mass Withdrawals

While crypto regulation continues to heat up, the spotlight is starting to shine more on players like Monero (XMR-USD). The Monero network provides one of the industry’s largest and most popular privacy coins. As a result of this offering, the XMR crypto has fallen under scrutiny by more wary crypto regulators and bears. At the same time, though, Monero fans harbor similar feelings toward the centralized bodies driving crypto legislation and broader adoption. Today, we see this… Source link

Read More »

What Is Ethereum’s Shadow Fork?

What Is Ethereum’s Shadow Fork?

Toni M/iStock via Getty Images Thesis Ethereum (ETH-USD) is at the center of decentralized finance, smart contracts, NFTs, and other fast-growing trends. I believe that these trends will support long-term price appreciation in Ethereum. However, a key part of the Ethereum story at this point is the consensus layer upgrades, which add short-term risk due to the technical complexity of implementing changes such as proof of stake. This risk will decrease over time, thanks in part to testing… Source link

Read More »

Bitcoin, Ethereum Spell Trouble at Critical Support

Key Takeaways Bitcoin has dropped by more than 20% over the past two weeks.  Likewise, Ethereum has retraced by 19.5% since Apr. 3. Both assets have reached critical areas of support.  Share this article Bitcoin and Ethereum kicked off the week in a negative posture. Although prices have rebounded over the last few hours, both cryptocurrencies appear to be hanging by a thread. Bitcoin at Vital Support Bitcoin sits on top of one of the most vital support areas on its trend, as whales… Source link

Read More »

Should You Buy Monero (XMR) Monday?

Should You Buy Monero (XMR) Monday?

InvestorsObserver analysis gives Monero an average risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link

Read More »

Monero aficionados: Some exchanges selling more XMR than held – Micky News

Monero aficionados: Some exchanges selling more XMR than held – Micky News

Some Monero aficionados are organizing an XMR “bank run”, which they dubbed as Monerun. This is their reaction to what they perceive as a lack of transparency around Monero, including claims that central exchanges are halting XMR withdrawals and misrepresenting reserves. The activity demonstrates that the Monero community are fed up with centralized exchanges. Planned activity The move was detailed through a plan which was first posted on Reddit on Thursday by a user named… Source link

Read More »