If you’ve heard anything about Bitcoin, it’s likely been about its price skyrocketing or plummeting. But, for those who are looking to invest long term, there’s a different question that should be asked—what will one Bitcoin be worth in 10 years? Where Bitcoin Is Going For Bitcoin, no prediction is guaranteed, but an interesting vision shared by MicroStrategy CEO, Michael J. Saylor, is that once Bitcoin passes the market cap of gold, around $11T currently, nothing will stop it. Saylor… Source link

The launch of the Beacon Chain network in December introduced the first iteration of protocol-level staking for Ethereum investors. Put simply, Ethereum staking is the process of locking up an amount of ETH – the native cryptocurrency of the Ethereum blockchain – for a specified period of time in order to contribute to the security of the blockchain and earn network rewards. People who do this are known as “validators” or “stakers,” and are tasked with processing transactions,… Source link

The Labor Department reported Wednesday that ​​the consumer price index posted a 0.5% month-to-month gain, compared with a 0.9% increase in June. The price rose 5.4% from the year-ago level.  Despite cooler – but still high – inflation data in July and the U.S. Senate’s passage of a $1 trillion infrastructure bill that could impose certain taxes and restrictions on the cryptocurrency sector, bitcoin’s price climbed to $46,502 on Wednesday, its highest level since mid-May, with

Most blockchains are easily analyzed to verify and trace transactions. This makes it easy to determine the spending activities of people and organizations who use cryptocurrencies. Conversely, Monero protects the privacy of users by keeping them anonymous and making their transactions untraceable. Keep reading to learn what Monero is and how it could protect your privacy. What Is Monero? … Source link

Litecoin price releases from the handle on August 7, and the breakout is successfully tested on August 9 with a bullish outside day. Double bottom measured move of 30% harmonizes with the 200-day simple moving average (SMA) at $191.59. LTC shows no signs of a bearish momentum divergence on the intra-day charts. Litecoin price has engineered a 61.78% rally since July 21, and it is approaching the 200-day SMA for the first time since early June. An improved volume… Source link

Morgan Creek Capital Management CEO Mark Yusko reacts to the Senate blocking cryptocurrency regulation within the infrastructure package. Ethereum was the most traded cryptocurrency on the Coinbase exchange during the three months through June, as investors explored the world of decentralized finance. Ticker Security Last Change Change % COIN COINBASE GLOBAL, INC. 278.40 +8.73 +3.24% Ethereum, the second-largest cryptocurrency by market capitalization, was responsible for 26% of the… Source link

What happened Ethereum (CRYPTO:ETH) is up 4.82% in the past 24 hours, to $3,235.69 per token as of 2:30 p.m. EDT. The token has been gaining momentum all week, with a return of 20.26% in the past seven days. Investors are still digesting Ethereum inventor Vitalik Buterin’s proposal for another major update to switch Ethereum to a proof-of-stake (PoS) protocol.  Image source: Getty Images. So what  The environmental sustainability of crypto mining… Source link

The cryptocurrency market charged full steam ahead on Aug. 11 as the price of Bitcoin (BTC) climbed to $46,743 and bulls are now taking aim at the $48,000 resistance level as the next target.  Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were IoTeX (IOTX), WINk (WIN) and Dent (DENT). Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro The Coinbase listing bump continues for IOTX IoTeX (IOTX) continued… Source link

Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board. The sentiment has flipped heavily as well. Three weeks ago, the majority of the people were discussing a potential breakdown to $20,000, including the effects of a death cross. But now, a golden cross could happen on Bitcoin with a potential… Source link

Bitcoin (BTC) reserves on derivatives exchanges have dropped to levels last seen before the May price crash. Data from on-chain analytics service CryptoQuant confirmed that as of Tuesday, derivatives reserves totaled 1.256 million BTC — the least since May 11. Institutions repeat Q4 2020 Against a backdrop of institutional interest returning to cryptocurrency instruments such as the Grayscale Bitcoin Trust (GBTC), figures show that major players have in fact been adding to their BTC holdings… Source link