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Ethereum, the world’s second largest blockchain, should switch over to a completely new version this year, one that will change basically everything about how it operates. The Ethereum Foundation calls the new version “The Merge,” but many others refer to it as “Ethereum 2.0.” Why it matters: For blockchain critics, it will massively reduce the energy consumption of Ethereum (maybe by 99%). For ether holders, it will reduce the emissions of that coin, which should improve price… Source link

A mild sense of hope emerged among Bitcoin (BTC) investors after the June 18 drop to $17,600 becomes more distant and an early ascending pattern points toward $21,000 in the short-term. Bitcoin 12-hour USD price at FTX. Source: TradingView Recent negative remarks from lawmakers continued to curb investor optimism. In an interview with Cointelegraph, Swiss National Bank (SNB) deputy head Thomas Muser said that the decentralized finance (DeFi) ecosystem would cease to exist if current financial… Source link

Litecoin (LTC) gets a neutral rating from InvestorsObserver Monday. The coin is down 3.92% to $55.74 while the broader crypto market is down 1.77%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… 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

Key Takeaways Bitcoin is stuck between $21,500 and $21,000. Meanwhile, Ethereum is trading between $1,250 and $1,190.  Closing outside these trading ranges will determine the trend’s direction.  Share this article The cryptocurrency market had a quiet weekend as the top two assets by market cap, Bitcoin and Ethereum, continued consolidating. Still, a significant price movement appears to brew. Bitcoin and Ethereum Primed for Volatility Bitcoin and Ethereum remained stagnant over… Source link

Text size Bitcoin is trading at less than one-third its all-time high from November 2021. Dreamstime … Source link

Litecoin [LTC]’s MimbleWimble Extension Blocks (MWEB) upgrade has been trailed by a series of unfortunate events over the last few weeks. As a result of the facilitation of anonymous transactions on cryptocurrency exchanges, the MWEB upgrade led several exchanges to delist LTC. For example, three weeks ago, five cryptocurrency exchanges in South Korea, namely, Upbit, Bithumb, Coinone, Korbit, and Gopax, delisted LTC. They all claimed that anonymous transactions implemented… 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

Bitcoin remained close to a ten-day high on Monday, as prices consolidated following gains from the weekend. Although ETH was lower to start the week, it was also able to remain close to Sunday’s peak around the $1,280 level. Bitcoin BTC was consolidating during today’s trading session, as bulls appear to have secured some profits following recent gains. Coming from the back of a high at $21,783.72 on Sunday, BTC/USD rose to an intraday low of $20,965.11 on Monday. This decline… Source link

Arman Shirinyan Ethereum survived one of worst weeks in its history and is now looking for reversal opportunity The second largest cryptocurrency on the market has found a foundation for a reversal, according to a Bloomberg article. Ether plunged to $880, causing a trail of massive liquidations on the market, which created even more pressure on the asset’s performance. On June 19, Ether successfully rallied to $1,279 on Sunday and then retraced to $1,200, which still remains the key… Source link