Ethereum

“Software is eating the world,” wrote venture capitalist Marc Andreessen in 2011. And it did, with gusto. Software has revolutionized some industries and undone others. Financial technology (fintech) software has been used by banks to digitalize the customer experience and speed up existing processes—apps have replaced branches and algorithms execute trades. But software is now coming for Wall Street in the same way Facebook’s News Feed came for traditional publishers with the rise of… Source link

Bloomberg RBA’s Lowe Pushes Back Against Market, Sending Yields Lower (Bloomberg) — Reserve Bank of Australia chief Philip Lowe pushed back against bond markets pricing in an earlier tightening of monetary policy, sending the currency and yields lower as he reiterated that interest rates are unlikely to rise until at least 2024.“Over the past couple of weeks market pricing has implied an expectation of possible increases in the cash rate as early as late next year and then again in… Source link

A U.S. multinational semiconductor company could be preparing the ground to release its own series of cryptocurrency mining processors. AMD is reportedly looking to introduce a GPU for mining Ethereum. AMD Navi 12 Won’t Have Video Outputs According to PC Gamer, the AMD Navi 12, a graphic processing unit (GPU) first introduced exclusively for Apple Macbook Pro devices, could be the first crypto… Source link

Ethereum Ethereum rallied by 6.17% on Monday. Following on from a 4.63% gain on Sunday, Ethereum ended the day at $1,834.58. A mixed start to the day saw Ethereum fall to a late morning intraday low $1,664.08 before making a move. Steering clear of the first major support level at $1,661, Ethereum rallied to a final hour intraday high $1,843.99. Ethereum broke through the first major resistance level at $1,765 and the second major resistance level at $1,802 to end the day at $1,830 levels. At the… Source link

Ether is the cryptocurrency of the Ethereum network Photothek/Getty Images A change in the Ethereum network that will cut limit the amount of ether tokens in existence could set the stage for “explosive growth” in the world’s second-biggest cryptocurrency, experts have said. On Friday, Ethereum blockchain developers approved a major change to how the network runs, which will come into force in July or August. It will overhaul the bitcoin rival’s current auction system, under… Source link

Refinery29 Like It Or Not, Yoga Pants Are Making A Comeback A decade ago, I wouldn’t have been caught dead in a pair of skin-tight bike shorts. Yoga pants, though, now that was a silhouette I could rally behind. Fitted at the top, loose at the bottom — they were the perfect combination of flattering and comfortable. I wore them daily, one leg tucked into my salt-stained UGG boots, the other falling casually over the boot’s rounded toe. Somewhere along the way, I, like many others, filed… Source link

MicroStrategy, Tesla and Square have done it. So have many others, although more quietly.   I’m talking about holding corporate treasury reserves in bitcoin. This trend is attracting attention even from trade press. Consultancies and crypto companies are scrambling to launch services to help businesses navigate the process. “Mad Money” host Jim Cramer thinks it’s “almost irresponsible” for companies to not do so. This week, sponsored content from Deloitte explaining the benefits… Source link

Ether (ETH) remains the second-largest cryptocurrency and it absolutely dominates the smart contract industry according to an array of network usage metrics. Even though the network has been overwhelmed by peak activity which is causing median fees to surpass $10, the network effect of its large user and developer base seems to be enough to sustain its position as the second ranked cryptocurrency by market capitalization. Nevertheless, some key on-chain metrics are beginning to show a… Source link

Trading contracts of polkadot, the ethereum rival that’s soared over 1,000% since August, have suffered a 99% so-called flash crash on the cryptocurrency exchange Binance. Binance polkadot futures contracts briefly dropped to under $1 on Friday before bouncing back to around $33. During the sudden drop, lasting mere seconds, some $18 million of polkadot futures contracts were traded on the exchange. MORE FROM FORBESBitcoin Still ‘Early’ Despite Huge 500% Price Rally-$28 Billion Asset… Source link

Key Takeaways Bitcoin sits on top of a significant support wall that may allow it to rebound towards new all-time highs. Ethereum’s upcoming protocol update could be the catalyst that ignites another bull rally.  XRP remains one of the most popular cryptocurrencies in Asia Pacific despite its legal uncertainty in the U.S.  … Source link