Yearly Archives: 2023

Ethereum Name Service- Everything You Need to Know About the Latest Trends & Milestones

Ethereum Name Service- Everything You Need to Know About the Latest Trends & Milestones

2022 was an incredible year for ENS, with record amounts of new users, name registrations and revenue. New trends in web3 brought together communities to rally around different categories of ENS names, and marketplaces evolved to provide support including new categories, analytics capabilities, and tools to improve the user experience.  Major companies, influencers and celebrities began to adopt ENS names as they explored the metaverse and built their web3 identities. This article… Source link

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Macro Guru Raoul Pal Unveils 2023 Bitcoin and Ethereum Forecast, Says Positive Year Ahead

Real Vision CEO Raoul Pal says he believes that 2023 is going to be a positive year for risk assets and cryptocurrencies. In a new interview on the Overpriced JPEGs YouTube channel, the macro guru says he believes Bitcoin (BTC) and Ethereum (ETH) will rise in 2023, albeit with some chop and unpredictability due to policy changes from the Federal Reserve. Pal also looks at how market cycles of the past reacted to signals from the Fed. “This is how I’m framing it this time… Source link

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Can The Federal Reserve Counterattack Stop Crypto Bull Run?

The crypto industry may be facing a major setback as the Federal Reserve (FED) appears to be losing control of the markets. This new status quo could lead to even more hawkish measures impacting the traditional and cryptocurrency markets.  A report released on January 29 by Michael J. Kramer – founder of Mott Capital, suggests that the FED needs to “push back against the market before it’s too late.” Since the December Federal Open Market Committee (FOMC) meeting, financial… Source link

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Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’ – Market Updates Bitcoin News

Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’ – Market Updates Bitcoin News

Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.” Crypto Fear Index Jumps to ‘Greed,’ Etoro Market Analyst Attributes Bitcoin’s Rise to Shift in Investor Expectations Records show bitcoin (BTC) saw significant value growth in the first month of 2023, with… Source link

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Bill To Make Bitcoin, Ethereum, Litecoin and Bitcoin Cash Means of Payments for State Agencies Hits New York

Officials in New York are proposing a bill that would make a slew of prominent crypto assets acceptable forms of payment for state agencies. The bill, which was proposed last week, would make Bitcoin (BTC), Ethereum (ETH), decentralized peer-to-peer network Litecoin (LTC), and BTC hard fork Bitcoin Cash (BCH) valid forms of payments for the goods and services of New York state agencies. “Each state agency is authorized to enter into agreements with persons to provide the… Source link

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Ethereum Network Usage Skyrockets As ETH Hits Two-Month High

Despite the crypto market conditions, crypto assets and blockchains have continued to amass new highs pushing the global cryptocurrency market forward. In today’s news, Ethereum on-chain activity recorded a new high following the crypto market revival. Various metrics under the Ethereum network have only continued to show a steady increase in the past few months. According to data from Etherscan, the total number of ETH transferred daily on the network surpassed 1 million once again in… Source link

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Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition – Altcoins Bitcoin News

Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition – Altcoins Bitcoin News

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last 134 days. Ethereum Classic Loses Luster After The Merge Ethereum Classic (ETC) was the center of attention… Source link

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