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

Nature/iStock via Getty Images Bitcoin (BTC-USD) was supposed to revolutionize the financial world and the way we use currency. Alongside other cryptocurrencies, it was promised as a more-secure, anonymized, efficient blockchain payment for the modern world. In reality, Bitcoin has failed to deliver on hardly any of its supposed goals/benefits, faces more competitors than ever, and lacks any intrinsic value to back up its worth. Lacks Stability Bitcoin’s price chart for the past five years… Source link

Arman Shirinyan ApeCoin DAO believes there is no need to migrate to new chain Contents Community does not think so Issues with migration The offering of ApeCoin was a complete disaster for the Ethereum network, which experienced massive issues with network congestion after a flurry of transactions appeared on the network, causing a more than tenfold spike in transaction fees. Later on, developers of APE made a migration proposal. Community does not think so As the voting suggests, the… Source link

Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he was still employed by Cape Cookies. Fluffypony Pleads Not Guilty The so-called crypto mogul and former Monero lead developer, Riccardo Spagni, has been charged with 378 counts of fraud by the South African government, a report has said. The charges follow allegations that Spagni… Source link

The announcement follows a difficult few months for the digital assets industry in India, despite the country’s growing appetite for cryptocurrencies. In April, Indians began paying a 30% capital gains tax on crypto transactions after Parliament passed a controversial tax law. The legislation, which the industry vehemently opposed, will also require crypto investors in the country to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts, with no ability to take deductions… Source link

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.  Monero dipped sharply beneath the $180 level a few days ago but was swift to bounce back and reach the $200 mark when Bitcoin rallied from its range lows. At the time of writing, Monero was trading within a range beneath a bear-dominated area on the chart, but a breakout and retest could offer an opportunity to buy XMR. XMR- 4 Hour… 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

With a market cap exceeding $220 billion at the time of writing, Ethereum is the second-largest cryptocurrency in the world. Millions of people own Ether, and many more are interested in purchasing it. But, how do you buy Ethereum for yourself? What Is Ethereum? Ethereum itself isn’t actually a cryptocurrency. Rather, Ethereum is the name given to the open-source blockchain, with Ether serving as a native cryptocurrency on the network. While this is the case, Ether and… Source link

This article originally appeared in Bitcoin Magazine’s “Moon Issue.” To get a copy, visit our store. Energy money is the catalyst and tip of the spear for an intelligent sentient species’ transition from a Type 0 into a Type 1 civilization on the “Kardashev scale,” which measures the energy and technological mastery of a society. ALL intelligent sentient species are on this path, whether consciously or unconsciously, and must reach this point before they are eliminated by: one or a… Source link

Key Insights: ETH’s price is down by 62.35% from its 2021 all-time high. Short-term gains for the coin seem limited, but ETH’s price could still outperform in the long term. The switching Ethereum to Proof-of-Stake could add bullish momentum to the coin’s trajectory. While 2021 was a stunning year for the top altcoin ether, the new year drowned the larger market and ETH into a sea of bearishness. On December 31, 2021, ETH/USD traded in the high $3761 zone. For most of December 2021, ETH… Source link