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Tail emission is basically the algorithm to be initiated by Monero (XMR), which will prevent block rewards from getting to zero. Monero is a cryptocurrency focused on privacy, allowing folks to initiate transactions anonymously. As of this writing, XMR, native crypto asset of Monero, was trading at a market value of $192.74, bullish by 10.91% during the past 24 hours. Tail Emission On Monero Comes Closer Let’s get into the basics of what Tail Emission is? To keep it precise, it is a process… Source link

Ethereum difficulty bomb is set to explode in August according to Justin Drake, ETH Merge could be delayed. Ethereum co-founder Vitalik Buterin expressed a strong desire to complete the merge in August 2022.  Buterin believes problems that arise during the test on Ropsten on June 8 will be critical to the merge timeline.  Ethereum’s difficulty bomb is scheduled to explode in August 2022 and slow down the ETH blockchain. Vitalik Buterin, the co-founder of the… Source link

Monero price has made a spectacular recovery as investors buy the dip after this month’s sell-off. The XMR token is trading at $193.14, which is about 68% above the lowest level this month. It is now trading at the highest level since May 9th, bringing its total market cap to over $3.50 billion. Why is XMR recovering? Monero is one of the biggest privacy tokens in the world. It is a blockchain platform that solves a challenge that exists among most coins like Bitcoin. The fact that Bitcoin… Source link

Bitcoin (BTC) is off to a better start than most this week as bulls avoid serious losses into the weekly close. Still heavily tied to declining stock markets, the largest cryptocurrency is nonetheless defending $30,000 on May 23 and eyeing the top of its post-LUNA trading range. While there are no signs of an impending miracle price recovery, some are hoping that upside will feature before any form of reversion to a downtrend. Macro conditions remain tenuous — and the week of the World… Source link

The long-awaited Ethereum transition to proof-of-stake (PoS) has been pushed back again and again. According to the latest reports, the date has finally been fixed to August, this year. Ethereum Co-Founder Vitalik Buterin recently attended the ETH Shanghai Web 3.0 Developer Summit. In that particular event, he mentioned that the PoS transition is scheduled to go live on Ethereum’s testnet Ropsten on June 8, next month. Preston Van Loon, a core developer of the… Source link

Bitcoin (BTC) has declined by more than 55% six months after it reached its record high of $69,000 in November 2021. The massive drop has left investors in a predicament about whether they should buy Bitcoin when it is cheaper, around $30,000, or wait for another market selloff. The more you look at prior $BTC price history the more one can think it’s not the bottom After 190 days from the all-time high, Bitcoin still had another 150 to 200 days until it hit bottom last couple of cycles (red… Source link

You probably wonder why your friends HODLing Monero (XMR) have been suspiciously joyous in the last seven days. Well, you should know that the seven days were marked with significant growth for the XMR token. At the time of press, a bullish divergence was spotted on the price charts indicating that the bull run has only just begun. As a privacy-focused cryptocurrency, Monero (XMR) through its cryptographic technologies allows its users to execute anonymous transactions. This guarantees… Source link

Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia: What do a family holiday to Japan, a 50 Cent album, a steak dinner, and a framed cat photo all have in common?  They were all paid for with Bitcoin (BTC) by members of the Cointelegraph Bitcoin community! And just like the Bitcoin pizzas that cost 10,000 BTC, which are now worth more than $300 million, the community’s Bitcoin purchases… Source link

United States President Joe Biden’s executive order on digital assets has kickstarted an interagency mission to support financial innovation while protecting American consumers and interests. While many industry leaders welcome the constructive tone, some critics hope for a crackdown. We don’t blame them. Many cryptocurrency projects operate behind thin veils of decentralization. In public, they’re sold on the premise that they distribute power. Behind the curtains, leaders pull the… Source link

The crypto market has had quite a rough ride of late. The king altcoin Ethereum in the last 24 hours tanked by 3.54%. It followed BTC’s movement closely as ETH’s correlation to the king coin stood at 0.91. The last 24 hours have been crucial for Ethereum as the bears gained momentum. On 20 May, the volume of the Ethereum network also fell drastically over the last day by a massive 19.5%. Undoubtedly, these are worrying signals for the Ethereum ecosystem and the crypto community at… Source link