Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week   Bitcoin mining difficulty just fell by a record 28% — but will this help prices recover? Bitcoin has recorded its biggest mining difficulty drop of nearly 28%, but one model suggests prices will not bottom… Source link

Michael Saylor and Defiance ETF CIO Sylvia Jablonski discuss the crypto space on ‘Making Money with Charles Payne’ The rapid rise in the price of Bitcoin is a driving force behind a rise in cybercrime, according to new research. As the price of Bitcoin surged almost 400% between October 2020 and May 2021, the number of cyberattacks rose 192%, according to Barracuda Networks, which offers products and services that protect against malicious software attacks. Cryptocurrency has long been a… Source link

The Ethereum network witnessed the deployment of its London upgrade on the Ropsten testnet on June 24. This upgrade consists of the highly anticipated Ethereum Improvement Proposal (EIP) 1559.  Following the launch on the Ropsten testnet, the London upgrade will be deployed on Ethereum’s Goerli, Rinkeby and Kovan testnets at weekly intervals. This is one of the important steps in the roadmap to implement a proof-of-stake (PoS) consensus on the Ethereum network, also known as Ethereum… Source link

On Wednesday (June 30), popular pseudo-anonymous crypto analyst and influencer “Credible Crypto” commented the recent price action of one of the most popular large-cap cryptocurrencies. The analyst told his over 220K followers on Twitter that although many people are claiming that Litecoin has already had its “bull run” and is now “headed to the grave”, he believes — despite not trading using fractals — that just like Litecoin staged a Q4… Source link

Ethereum Ethereum rose by 2.79% Friday. Partially reversing a 7.45% slide from Thursday, Ethereum ended the day at $2,156.00. A bearish start to the day saw Ethereum slide to a late morning intraday low $2,017.07 before making a move. The morning reversal saw Ethereum fall through the first major support level at $2,027. Through the 2nd half of the day, however, Ethereum rallied to a late intraday high $2,159.43. Falling short of the first major resistance level at $2,232, Ethereum eased back to… Source link

Mircea Popescu, a controversial figure in the world of crypto, boasted one of the single-biggest bitcoin BTCUSD, +0.80% fortunes and his amassed wealth in digital assets may be lost to the ether after his untimely death last month, some speculate. Here’s what has been reported thus far. Popescu reportedly died off the coast of Costa Rica. Local news reports say he was “swept away by the current and died on the spot,” during… Source link

After a week of trending upwards, Litecoin could finally be poised to rally above the $160 target. The coin traded at or above that number for nearly half the year. From the beginning of February until the middle of June, LTC was on a bull run until the entire market’s fall last month. But, traders around the crypto world are bullish on the coin and its future. Especially considering Litecoin’s ability to make blockchain transactions faster, and more efficient. One pseudo anonymous… Source link

Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain metrics show that Ethereum has seen some significant drawdowns in recent times and decentralized finance (defi) activity has slowed compared to last summer’s statistics. Despite the onchain dips, this year ethereum markets outperformed bitcoin in Q1 and Q2. Ethereum 2.0 Contract… Source link

Bitcoin and Ethereum Yuriko Nakao Ether overtook bitcoin in the number of active addresses on its network on Friday, a sign that demand is faltering for the world’s biggest cryptocurrency as its counterpart gains in stature. Data from Bitinfocharts shows ethereum in the lead with 757,859 active addresses, around 49,154 more than bitcoin, which has 708,705. The total number of active addresses on the bitcoin network has dropped 38% from its April peak of 1.1 million. Bitcoin active… Source link

The Ether price has fallen about 50% from its all-time high of USD 4K as it has taken investors on a roller coaster ride. Nonetheless, Ether is also up more than 11% in the last seven-day period alone. That volatility is sure to persist as the blockchain field gets more competitive, especially in the area of smart contracts. Ethereum, however, is still the leader in that realm and based on a few recent developments, its use cases appear to be on the rise. Much of the attention in the… Source link