Vitalik Buterin says he created ethereum after his beloved World of Warcraft character was hobbled by the developers, awakening him to the ‘horrors centralized services can bring’ | Currency News | Financial and Business News

Vitalik Buterin. “775040520SB00199_TechCrunch” by TechCrunch is licensed under CC BY 2.0 Vitalik Buterin created ethereum after developers weakened his “beloved” World of Warcraft character. “On that day I realized what horrors centralized services can bring,” Buterin wrote on his bio page. He eventually launched ethereum at just 21 years old in 2015. See more stories on Insider’s business page. Vitalik Buterin created ethereum, the technology behind the cryptocurrency ether,… Source link

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Ethereum: Why Now’s the Time to Buy More

According to founder Vitalik Buterin, the Ethereum (CRYPTO:ETH) network is on the verge of a dramatic technological revolution. One year from now, Ethereum will transition into a proof-of-stake (PoS) network where investors will be able to earn interest from validating blockchain transactions with their coins (known as staking), execute digital interparty agreements (smart contracts) at record speed, and use far less electricity when utilizing the… Source link

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Bitcoin Price Passes $50,000: What to Watch When the Stock Market Opens Today

Updated Oct. 5, 2021 9:19 am ET Bitcoin is on the rise and stock futures are up, a day after a selloff among major technology firms dragged down broader indexes. Here’s what we’re watching as we get ready for Tuesday’s trading session. Bitcoin’s dollar value cracked $50,000 for the first time in a month, rising as much as 2.8% from its 5 p.m. ET level… Source link

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Bitcoin hits $50,000 as Elon Musk’s tweet sends Shiba Inu soaring

Meme token Shiba Inu surged 51% after Tesla CEO Elon Musk, a crypto proponent, tweeted a photo of his puppy, which is the same breed the token is named after. Photo: Getty Cryptocurrencies were broadly higher on Tuesday afternoon as bitcoin crossed a key level of $50,000 (£36,702) for the first time in four weeks. Bitcoin (BTC-USD) was up 5.4%, trading at $50,120. Ethereum (ETH-USD), the second biggest crypto by market cap, was up 3.3% to trade at at $3,445. “The big factor for the bitcoin… Source link

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Could Ethereum Help You Become a Millionaire?

Cryptocurrency has taken the investing world by storm over the past year, and Ethereum (CRYPTO:ETH) has established itself as one of the leaders in the crypto space. Ethereum is a powerhouse in the blockchain industry, and its native token Ether is the second most-popular cryptocurrency behind Bitcoin. But all cryptocurrencies have experienced waves of volatility, which shows no signs of slowing down anytime soon. Early investors who have held their… Source link

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Bitcoin, Ethereum, Dogecoin all higher early Tuesday morning

Check out what’s clicking on FoxBusiness.com. Bitcoin was trading 4.3% higher on Tuesday morning. The price was around $49,780 per coin, while rivals Ethereum and Dogecoin were trading around $3,400 (+1.18%) and 23.5 cents (+8.78%) per coin, respectively, according to Coindesk. Just last week, Bitcoin was holding steady near $45,000 per coin. BITCOIN MINERS EYE NUCLEAR POWER AS ENVIRONMENTAL CRITICISM MOUNTS Business titan and billionaire investor Mark Cuban joined FOX Business on… Source link

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Three reasons why Ethereum price is going to $5,000

Ethereum price has breached a bull flag pattern, forecasting a $4,816 target. Transactional data shows entry into the price discovery phase is closer than anticipated. ETH dominance chart adds credence and hints at an explosive rally. Ethereum price breached a crucial barrier, kick-starting a part of the massive uptrend that awaits it. While the short-term outlook for ETH might be concerning based on some metrics, others indicate that the long-term scenario remains… Source link

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Cryptocurrency prices today: Bitcoin inches closer to $50,000, Ether up nearly 1%

Cryptocurrency prices rose on Tuesday due to improvement in trading volumes and bullish sentiments among investors. Check the latest cryptocurrency prices and trends. Cryptocurrency prices rose on Tuesday due to improvement in trading volumes. (Photo: Reuters) Cryptocurrency prices improved on Tuesday after starting off the week on a tepid note. All popular virtual coins rose today as Bitcoin led the charge. Bitcoin, the world’s largest cryptocurrency, was trading 3.61 per cent higher than… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 5th, 2021

Ethereum Ethereum fell by 0.95% on Monday. Partially reversing a 0.93% gain from Sunday, Ethereum ended the day at $3,387.20. A bearish start to the day saw Ethereum fall to a mid-afternoon intraday low $3,269.67 before making a move. Ethereum fell through the 23.6% FIB of $3,369 and the first major support level at $3,346. Finding afternoon support, however, Ethereum rose to a late afternoon intraday high $3,438.91. Falling short of the first major resistance level at $3,492, however, Ethereum… Source link

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Walmart-Litecoin Sham PR Should Be Reminder for Due Diligence

HodlX Guest Post  Submit Your Post   Recently, Walmart was the subject of a fake news release, which announced that the big box giant established an agreement with Litecoin that ultimately would end in the retailer accepting the cryptocurrency as an accepted method of payment. While the Twitterverse buzzed with skeptics, Litecoin immediately jumped over 20% before tumbling back toward reality.   In the aftermath, everybody was pointing fingers at where the blame lay. Walmart Source link

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