More than $13 billion worth of ether has been staked on ethereum 2.0 as momentum builds behind the network overhaul

Ether is the cryptocurrency of the ethereum network. Photothek/Getty Images Ether holders have “staked” more than $13 billion worth of the cryptocurrency on the ethereum 2.0 network, as excitement builds around the overhaul of the system and the potential growth of the staking industry. Network users have now staked more than 6.1 million ether, up from 5.3 million a month earlier. The total value of the staked ether was around $13.52 billion at Monday’s price, data from Etherscan… Source link

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EY Releases Zero-Knowledge Layer to Tackle Increasing Ethereum Costs – CoinDesk – CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link

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Some locals say a Bitcoin mining operation is ruining one of the Finger Lakes. Here’s how.

Summer on Seneca Lake, the largest of the Finger Lakes in upstate New York, is usually a time of boating, fishing, swimming, and winetasting. But for many residents of this bucolic region there’s a new activity this season — protesting a gas-fired power plant they say is polluting the air and heating the lake. “The lake is so warm you feel like you’re in a hot tub,” said Abi Buddington, a resident of Dresden, N.Y., whose home is near the plant. The facility on the shores of Seneca Lake is… Source link

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Bitcoin (BTC) Continues Consolidating Inside Range

Bitcoin (BTC) did not move substantially in either direction last week, failing to assert the direction of the trend. Its failure to break down in the short-term and subsequent bounce could mean that the current movement is not corrective, thus indicating that the low is in. The movement in the next few days will be crucial in determining the future trend. Weekly consolidation During the week of June 28-July 5, BTC did not move significantly in either direction. On the contrary, it ranged… Source link

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Bitcoin and Ethereum – Weekly Technical Analysis – July 5th, 2021

Bitcoin Bitcoin, BTC to USD, rose by 1.53% in the week ending 4th July. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276. After a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse. Falling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0. Steering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver… Source link

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EY Releases Nightfall 3 — Protocol Aims to Bolster Private and Affordable Ethereum Transfers – Technology Bitcoin News

EY, the multinational professional services network commonly known as Ernst & Young, has announced the company has contributed a set of tools for privately managing transactions on the Ethereum network. EY’s global media relations executive Joanna Hardy explained on Thursday how the company’s protocol helps ethereum transaction fees become more affordable and it enables the private transfer of ether. Professional Services Giant and Big Four Member EY… Source link

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Bitcoin Supply Held by 'Whale Entities' Hits Two-Month High in Bullish Sign – CoinDesk – CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link

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Bitcoin Supply Held by ‘Whale Entities’ Hits Two-Month High in Bullish Sign – Yahoo Finance

Reuters Philippines’ plane crash kills 47, injures 49; probe ordered MANILA (Reuters) -All 96 passengers of the Philippine Air Force plane that crashed on Sunday killing 47 people have been accounted for, military chief Cirilito Sobejana said on Monday. The Department of National Defence said on Sunday three civilians on the ground were also killed, and four civilians were injured. The Lockheed C-130 transport aircraft, carrying troops bound for counter-insurgency operations, overshot the… Source link

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This Is the Only Reason to Invest in Bitcoin

Are you thinking about investing in Bitcoin (CRYPTO:BTC)? You aren’t alone. The virtual currency has become a very popular investment and with good reason. It’s the most well-known of the cryptocurrencies. And unlike many other tokens, at least some businesses actually accept it as a payment method. It’s also a favorite of celebrity investors and financial gurus including Elon Musk and Suze Orman.  But before you bite the bullet and purchase some,… Source link

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