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WindAwake/Shutterstock.com The next major revision of the Ethereum crypto network, often called “ETH 2.0,” promises to address some of its biggest criticisms, from high GPU prices to environmental pollution. Let’s take a look at the proposed changes and what they might mean for the future of crypto. What Is Ethereum 2.0, and When Will It Arrive? Ethereum 2.0 is a commonly-used term that usually represents Ethereum’s the highly-anticipated switchover from proof-of-work to… Source link

Image source: Getty Images The king of cryptos is down almost 40% since November. Key points Bitcoin’s price was driven down by wider economic factors, issues with mining in Kazakhstan, and questions over its value as an inflation hedge. If you’re considering buying Bitcoin, you need to consider… Source link

Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish pattern ETH’s price fell to its six-month low of $2,159 on Jan. 24, 2022, only to rebound sharply to as high as $2,724 days later. However, this created a so-called “bear flag” chart pattern that suggests the price could drop to $2,000 or a 17% drop from current levels. A bear flag appears on the chart when… Source link

Estimating the fair value of cryptocurrencies is difficult as they trade in a speculative manner, helped by the large availability of U.S. dollars and central bank liquidity, the bank’s head of cryptocurrency research, Sheena Shah, wrote in the report published last week. Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was struggling early Monday morning following a downtrend last week with blame clearly landing on Fed plans to raise interest rates in March. The cryptocurrency was trading just above $37,200 (-2.23%) overnight. Rivals Ethereum and Dogecoin were also down, with Ethereum trading at $2,530 (-2.96%) and Dogecoin trading at 13.7 cents, down 3.83%, Coindesk reported. Bitcoin’s monthly moving average convergence divergence (MACD)… Source link

2022 is expected to witness a rapid maturing rate of the global crypto sector, industry experts believe. Several nations are trying to find ways to regulate the crypto space, without actually having to entirely restrict activities linked to it. As the crypto space is seemingly geared up for more expansion, let’s take a deeper look into the elements of this sector. In previous editions, we have covered the top Web 3.0 Cryptos, the top Gaming & Metaverse Cryptos, the top 5 Public Blockchains,… Source link

Ark Investment Management (Ark Invest) has predicted that the price of bitcoin could surpass $1 million per coin by 2030. “Our research suggests that bitcoin has the potential to transform monetary history by providing financial freedom and empowerment in a fair, global, and distributed way,” Ark’s analyst added. Bitcoin’s $1 Million Prediction by Ark Invest In Ark Invest’s “Big Ideas 2022” report published last week, the firm’s analyst Yassine Elmandjra explained that… Source link

Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, as bitcoin has seen wider mainstream adoption, its correlation with macro assets has picked up,” the Goldman analysts explained. Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes Global investment bank Goldman Sachs published a research note Thursday detailing… Source link

InvestorsObserver analysis gives Monero Classic a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is giving Monero Classic a high Risk/Reward Score. … Source link