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Ethereum, the world’s largest altcoin, has seen unprecedented traction since its inception. Fair to say, the upcoming “Merge” has played a significant role in upping the associated interest in the crypto. ETH 2.0 is a multi-stage shift of the Ethereum network from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. The transition would enhance the network’s scalability, efficiency, and speed. Deposit here  Just like the way PoW blockchains rely on… Source link

The prices of Bitcoin (BTC) and Ethereum (ETH) saw a 5% jump over the last day, giving investors renewed hopes for a much-anticipated market recovery after a brutal sell-off in May. Currently, Bitcoin is changing hands at $31,289, up 5.2% over the day, according to data provided by CoinMarketCap. The leading cryptocurrency last traded at these levels on June 1, when it entered a downward correction that dragged the price of BTC from above $32,000 below $30,000 for the most part of the… Source link

Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history. After battling for support throughout the weekend, BTC/USD ultimately found its footing to close out the week at $29,900 — $450 higher than last Sunday. The bullish momentum did not stop there, with the pair climbing through the night into June 6 to reach multi-day highs. The price action provides some long-awaited relief to bulls, but Bitcoin is far from… Source link

Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina, where Bitfarms is currency building a bitcoin mega-mining center, were a very good destiny for bitcoin mining companies due to different factors. Falling Bitcoin Prices Constitute a Challenge Bitcoin mining companies are… Source link

Ethereum found support near $1,735 and corrected higher against the US Dollar. ETH is now facing a major resistance near $1,885 and $1,920. Ethereum is slowly moving higher and trading above $1,850. The price is now trading above $1,860 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair might rise steadily if there is a clear move above the $1,920 resistance… Source link

  Bitcoin price gained 5% and climbed above USD 31,000. Ethereum jumped towards USD 1,900, XRP is testing USD 0.40. SOL and ADA are up over 9%. Bitcoin price remained supported near the USD 29,500 level and started a recovery wave above the USD 30,500 resistance. It even broke USD 31,000 and is currently (04:10 UTC) eyeing more gains above the USD 31,200 resistance zone. BTC is up 5% in a day and 6% in a week. Similarly, most major… Source link

During the previous week, the price of Ethereum has stabilized between $2,000 and $1,700. Because of this, the ETH price remained largely unchanged compared to the last seven days and lost 2.5% of its value. While Bitcoin has fallen below the $29K range, Ether has lost its hold on the $1800 handle and is approaching the $1700 support level. In addition, ETH’s price behavior indicates a significant chance of adverse repercussions that might push the cryptocurrency’s value below $1700. If… Source link

With Ethereum 2.0 underway, the transition into a Proof-of-Stake Network for the Ethereum [ETH] blockchain is about to become a reality. Users and developers are excited over the developments this upgrade will usher into the network. With the merge on Ropsten scheduled for 8 June, the whales appear to be gearing up for a pump in price that might follow the merge. According to data from Glassnode, the number of addresses holding 32+ Ether Coins just reached a 13-month high of… Source link

This is a list of some of the biggest places that accept Bitcoin, such as Microsoft and Whole Foods.  First, we’re going to take a look at businesses that accept Bitcoin. There are some early adopters, but most of them recently started to accept payments using this digital currency. These major companies are the ones where you can pay via Bitcoin: Microsoft Microsoft is one of the early adopters of BTC, as they started accepting payments with Bitcoin in 2014. Users could buy… Source link