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April 26 (Reuters) – Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and even outshining the godfather, bitcoin. But the clock’s ticking. The No.2 cryptocurrency was supposed to be weeks away from the “merge”, a transformative June upgrade of its blockchain Ethereum to make it faster, cheaper and less power hungry, holding out the prospect of a meaner and cleaner crypto future. The anticipation had supported ether this year, even as inflation… Source link

by Analytics Insight April 26, 2022 The Bitgert project is building a powerful ecosystem that includes NFTs, DeFi, Web3 products, and many others. The one thing most crypto enthusiasts don’t know is that large cryptocurrencies like Litecoin and Matic were once small projects. They have increased hundreds and thousands of times to reach the huge prices they are trading today. This means investors that bought these projects when they launched made huge profits from this growth. This is… Source link

With the increased competitiveness of new coins entering the crypto market on a regular basis, it is critical for all prospective crypto ventures to stay current with industry trends and evolution. Crypto experts believe that cryptos with consistent network updates are a safe bet for both new and seasoned crypto investors. Quitriam Finance (QTM), a crypto market newcomer with a strong trajectory, is predicted to deliver huge gains to early investors. Quitriam Finance (QTM) It’s a fantastic… Source link

Bitcoin (BTC) is facing a rare chart phenomenon that has historically resulted in 50% price drawdowns, new data shows. In a tweet on April 25, popular account Nunya Bizniz noted a fresh warning sign from two key moving averages on BTC/USD. Analyst: BTC could spend 6 months recovering from dip For only the third time in its history, Bitcoin’s 20-week and 50-week moving averages (WMAs) have both started to slope downwards. While that may look harmless at glance, the result of the first two… Source link

Ethereum started a strong recovery from $2,800 against the US Dollar. ETH is back above $3,000 and eyes a major increase above the $3,035 resistance. Ethereum started a major recovery wave above $2,900 and $2,950. The price is now trading above $2,950 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $2,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,980 support to accelerate further… Source link

Institutional investors have shifted their attention from Ethereum to competing layer-1 blockchains of late, with capital inflows for altcoin investment products increasing last week while Ether (ETH) products posted outflows for the third week in a row. Data from CoinShares’ latest Digital Asset Fund Flows report shows that investors last week (ending on Friday) loaded up on $3.5 million worth of Avalanche (AVAX), Solana (SOL), Terra (LUNA) and Algorand (ALGO) funds while capital outflows… Source link

Advertisement Continue reading the main story Supported by Continue reading the main story Fidelity’s New 401(k) Offering Will Invest in Bitcoin The employer that oversees the retirement savings plan would have to decide to include the digital assets account. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. Fidelity said its Bitcoin-holding 401(k) offering addressed many of the concerns that the Labor Department raised about… Source link

A new version of the original Bitcoin software client launched by Satoshi Nakamoto has been released today. Bitcoin Core 23.0 was worked on by 132 developers over about seven months to bring tangible improvements to Bitcoin Core’s wallet, peer-to-peer communication and network, fee estimation, and much more. This article explores some of the main changes. Wallet Updates Taproot Support Bitcoin Core now enables the user to choose the new Taproot address type when creating a new wallet. Even… Source link

Bulls are upbeat Ethereum’s (ETH-USD) crypto dominance is set to become more absolute No wall of worry climbing, risk asset correlation and price action troubling for ETH Ethereum bears and bulls have key price levels to enable stronger trade decisions A jump in Covid-19 cases in China is the headline drag on risk assets of all types Monday. That includes cryptocurrency asset Ethereum (ETH-USD), which moved lower and in lockstep with other heavyweights such as the S&P 500 before… Source link

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don’t Know How To Explain It” by Aaron Sprinkle. Image credit: Adrienne Surprenant/Bloomberg via Getty Images, modified by CoinDesk. Join the discussion… Source link