Litecoin halving news: The crypto market recovery in the last few weeks came as a relief for altcoins as well. The price recovery not only led to capital infusion to the market, it also helps new investors to join the market. Also, the crypto price rally could not have come at a better time for some cryptocurrencies that are about to make technical progress. The much awaited Litecoin (LTC) halving event is scheduled for August 3, 2023. Also Read: Here’s Proof Of Crypto Market… Source link

The Litecoin price has shown bullish sentiment over the past week once it bounced off the $81 resistance zone. Over the last 24 hours, the altcoin jumped by 2%, and in the past week, the LTC price gained close to 6%. As Bitcoin continues to trot upwards and is now eyeing the $23,000 price mark, other altcoins have reflected the same price sentiments. The technical outlook of the Litecoin price has depicted that accumulation shot past the overbought region just when Litecoin breached the $81… Source link

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Ethereum co-founder Vitalik Buterin published a research post that suggests using stealth addresses to enhance privacy-preserving transfers. Buterin detailed that stealth addresses can be implemented fairly quickly today on Ethereum and would significantly boost user privacy on the blockchain network. Buterin Suggests Stealth Addresses as a Solution to the Privacy Challenges in Ethereum Ecosystem Three days ago, the co-founder of Ethereum, Vitalik Buterin, published a blog post that… Source link

The U.S. will open its first nuclear-powered data center offering Bitcoin mining in the first quarter of the year. The Cumulus Susquehanna data center in Pennsylvania has been completed by Cumulus Data, a subsidiary of independent power producer Talen Energy. See related article: Weekly Market Wrap: Bitcoin up over 21% in best weekly performance since Feb. 2021. Bull run or bull trap? Fast facts The data center is expected to start hosting nuclear-powered Bitcoin mining and cloud computing… Source link

ATM deployers using the Digital Network Solutions TRANSACT processing platform can offer Bitcoin sales on their ATMs in March TEMPLE, Texas, Jan. 23, 2023 /PRNewswire/ — Digital Network Solutions (DNS), a leading US ATM transaction processing service provider, is pleased to announce it has certified the Just.Cash cryptocurrency program. Starting in March, independent ATM deployers (IADs) will be able to offer redemption of Bitcoin for cash as well as sell Bitcoin, using debit on their ATMs…. Source link

Bitcoin continued to hover around the $23,000 level on Jan. 23, as bullish sentiment remained high in markets. Over the weekend the world’s largest cryptocurrency rose to its strongest level since August, with bulls moving to consolidate these gains. Ethereum also traded in the green today, remaining above $1,600 in the process. Bitcoin Bitcoin (BTC) continued to trade near a five-month high to start the week, as sentiment in crypto markets remained bullish. Following a low of… Source link

2023 is off to a precarious start, with the market higher but a lot of uncertainty in the air about economic and market conditions moving forward. Crypto has begun to poke its head out with the price of Bitcoin (BTC -0.19%) rebounding nicely and recently topping $21,000 in hopes of cooling inflation and a weakening dollar. While I don’t know what the future holds this year, if inflation keeps cooling and the Federal Reserve stops raising interest rates, there is a chance for a more bullish… Source link

Data shows more than 70% of the total staked Ethereum supply is contributed by staking services, with Lido accounting for the most amount. Ethereum Staking Service Providers Have Locked In A Total Of 11.4 Million ETH Last year, ETH successfully completed a transition to a Proof-of-Stake (PoS) consensus mechanism, which meant that miners no longer had a role to play on the network as chain validators called “stakers” filled in their role. Just like miners, stakers earn rewards for acting… Source link

The concept of a central bank digital currency (CBDC) — digital money backed and issued by a central bank — has been bubbling under the surface for the past few years. Now, it looks like it is ready to take off. The topic has already been debated at this year’s World Economic Forum in Switzerland, and Bank of America (BAC 1.87%) just released a report suggesting that central bank digital currencies have the potential to revolutionize the global financial system. According to that report,… Source link