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Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown hashrate has subsided a great deal as 96% of the mystery miners recorded at the end of June have disappeared. Bitcoin Hashrate Gathers Strength Since the End of June Approximately 83 days or over two… Source link

Ethereum (ETH) came off $4,100 at the end of August and looked for support. ETH support came in the first week of September around $3,018. The correction was an excellent opportunity for buyers to step in and make future ETH price action in favor of bulls. Ethereum (ETH) hit a curb at the beginning of September. With the full retrace of the profitable price action the week before, a descending trend line formed and is limiting further expectations to the upside…. Source link

The term “Ethereum killer” is beginning to pick up the pace once again in the cryptocurrency markets as the native tokens of several competing blockchain networks are posting significant gains during September. For any alternative network to be considered as a part of this category, it needs to have one essential feature that serves as the backbone of the Ethereum network: smart contracts. Keeping this in mind, the most prominent blockchain networks by market capitalization that usually… Source link

Vitalik Buterin Vitalik Buterin dreamed up ethereum in 2013. Getty Images/John Phillips Vitalik Buterin has compared the eight founders of the ethereum blockchain to JRR Tolkien’s close-knit “fellowship of the ring”, according to the Financial Times. Yet, the story of the group is one marked by feuds and competition, with two members splintering off to create ethereum rivals cardano and polkadot. Buterin recently said choosing seven other founders “nondiscriminately” to build the… Source link

One of the reasons behind Bitcoin’s (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it “digital gold,” a truly scarce and perfect store of value (SoV). Others consider Bitcoin a technology project or a type of software with a corresponding network. El Salvador’s adoption as legal tender will likely evidence the means of exchange (MoE) functionality that the Lightning Network provides. The Layer-2 scaling… Source link

Bitcoin is a fully decentralized peer-to-peer payment system, notorious for its volatility. The crypto’s volatility doesn’t occur in isolation. In fact, it determines the course of the crypto market. Most cryptocurrencies are impacted by Bitcoin’s fluctuating prices. Understanding the determinants that affect Bitcoin’s volatility will help you gauge the developments and tendencies in the crypto market better. Here’s a look at some of the key factors. Cryptocurrency Live Previous Next

While bitcoin continues to become more scarce every day, the most popular set of physical bitcoins, crafted by Mike Caldwell from 2011 to 2013, have become far scarcer than their digital counterparts. As of September 18, 2021, there are now less than 20,000 active bitcoins from the Casascius physical bitcoin collection. Casascius Physical Bitcoin Collection Grows Scarcer Bitcoin has become a well-known technology and in the early years a number of people and companies deployed… Source link

Cryptocurrency trader and YouTube influencer Lark Davis says Ethereum (ETH) is poised for a 190% rally en route to hitting a five-figure price. In a new video, Davis tells his 431,000 YouTube subscribers that the second-largest crypto asset by market cap is preparing to appreciate to above $10,000 based on key fundamental factors.   Davis says one of the reasons why Ethereum is set to more than double in price is its falling supply in exchanges. According to Davis, the supply of… Source link

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Cardano launches smart contracts after successful hard fork After years of anticipation, Charles Hoskinson’s brainchild, Cardano, finally launched its smart contract functionality via the Alonzo hard fork on… Source link

Twitter (NYSE:TWTR) shares have soared more than 55% and counting in the past year. Of course, the iconic platform is best known as a micro-blogging social network. But it’s quickly evolving into something that’s potentially even more influential and lucrative with the rise of cryptocurrencies.  Back in July, Chief Executive Officer Jack Dorsey said that Bitcoin would become a “big part” of Twitter via integration with the company’s products and… Source link