Ethereum [ETH] is starting to rank among accolades lately as the Merge release date appears closer. The expected- 15 September launch has gripped the crypto community with huge promised incentives. The upcoming Merge has also led to a spike in the development activity on the Ethereum network in the past few weeks. This is reflected in Ethereum’s top standing among projects with the highest development activity in the past 30 days. At a value of 401, Ethereum is currently… Source link

Text size Bitcoin was trading above $24,000 at points last week, but has since fallen back. Dreamstime … Source link

As the cryptocurrency sector navigates through a bear market, different projects appear unfazed by the conditions accelerating development activities on their respective blockchains. Notably, some projects within the space are standing out in a bid to meet the demands of the community. In particular, Ethereum (ETH) ranks top among the projects with the most development activity in the last 30 days at 401, according to data provided by blockchain analytics platform Santiment on August… Source link

Bitcoin (BTC), the world’s most-valued cryptocurrency, has the potential to be a significant energy consumer in the future, but only if it reaches several million dollars, according to new estimates by Arcane Research. Crypto research and analytics firm Arcane Research on Monday released a report estimating the development in Bitcoin’s energy usage towards 2040. Authored by Arcane Research analyst Jaran Mellerud, the report points out that Bitcoin’s future energy consumption differs… Source link

Monero (XMR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the Digital Money has lost 1.6% to $152.35. InvestorsObserver is giving Monero a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Low Volatility InvestorsObserver gives Monero a low volatility rank of 24, placing it in the bottom 24% of cryptos on the… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. 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… Source link

The recent market growth rekindled the hopes of Litecoin [LTC] buyers over the last month. But the $62-$64 range has been shunning the bullish efforts while preventing a swift buying rally. As a result, the altcoin quickly dropped below the EMA ribbons to project strong selling momentum. Furthermore, the recent bearish engulfing candlestick reflected a solid uptick in selling pressure. Sustained rejection of higher prices near the 20 EMA could inflict a near-term pullback… Source link

Easy To Use Swapping Protocols See An Uptick In Demand In a world where DEXs and hot wallets are the most common way to trade DeFi for new investors, this can be quite daunting. The complexity of many of these exchanges and protocols makes it difficult to discern how to trade, what’s being traded, and even how to import the tokens that you are trying to purchase. As such, certain layer-3 and other swapping mechanisms are gaining traction in the ecosystem today… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. 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… Source link

Text size Bitcoin prices tumbled last Friday and remained weak over the weekend. Ozan Kose/AFP via Getty Images … Source link