United States Securities and Exchange Commission Chair Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions were raised about its impact on Grayscales’ proposed Bitcoin exchange-traded fund (ETF) and why Ether (ETH) wasn’t mentioned.Speaking to Jim Cramer on CNBC’s Squawk Box on… Read more
Published on 2022-06-28
Source: Ethereum News
The Harmony layer-1 blockchain project team has offered a bounty equal to just 1% of the $100 million in crypto stolen from the Horizon Bridge hack last week. Harmony tweeted on June 26 that the team had committed $1 million for the return of the funds that were stolen from the… Read more
Published on 2022-06-27
Source: Ethereum News
Ethereum’s native token Ether (ETH) has declined by more than 35% against Bitcoin (BTC) since December 2021, with a potential to decline further in the coming months.ETH/BTC weekly price chart. Source: TradingViewETH/BTC dynamicsThe ETH/BTC pair’s bullish trends typically suggest an increasing risk appetite among crypto traders, where speculation is more… Read more
Published on 2022-06-26
Source: Ethereum News
Ahead of Ethereum’s highly anticipated switch to proof-of-stake (PoS), cybersecurity firm Cloudflare is set to launch and fully stake Ethereum validator nodes over the next few months. It aims to study energy efficiency, consistency management and network speed of the PoS network as part of its commitment to environmental sustainability… Read more
Published on 2022-05-18
Source: Ethereum News
Without fail, crypto has a way of humbling even the most self-assured and this market is definitely not for the faint of heart. Nonfungible token (NFT) investors have entered what appears to be a bear market and the recent chaos is also impacting community morale. The decline in NFT prices occurred… Read more
Published on 2022-05-17
Source: Ethereum News
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 WeekBreaking: Terra blockchain officially halted following LUNA… Read more
Published on 2022-05-14
Source: Ethereum News
For most casual digital asset investors, the Ethereum 2.0 upgrade promises to be a game-changing event that will improve efficiency, reduce network costs and propel the entire blockchain and crypto space closer to a Web3 reality.Ethereum has been struggling with a lack of scalability and skyrocketing gas fees, and since… Read more
Published on 2022-05-14
Source: Ethereum News
Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic detection tool.The capital, which equates to roughly $5.3 million Aussie dollars, is part of Buterin’s self-described “moonshot anti-COVID effort” dubbed Balvi Filantropic… Read more
Published on 2022-05-13
Source: Ethereum News
Ethereum has taken out the top spot on Twitter as the most hated of five cryptocurrencies studied, while the meme-token Dogecoin is the most liked.The findings emerged from a new report by TRG Datacenters that analyzed a year's worth of tweets between Jan. 2021 to Jan. 2022, concerning five of… Read more
Published on 2022-05-12
Source: Ethereum News
With crypto markets tanking, three crypto-focused exchange-traded funds (ETFs) picked a difficult day to commence trading on local exchange Cboe Australia today. The trio’s launch marks the first crypto ETFs to go live in Australia, with two of them focused on offering exposure to Bitcoin (BTC) and the other focused… Read more
Published on 2022-05-12
Source: Ethereum News
Despite widespread losses being posted throughout the crypto market, Ethereum whales have been busy buying and selling Ether (ETH) at a rate not seen since January this year. According to data from Santiment, Ethereum whales made a total of 2,956 transactions, each valued at over $1M on Wednesday, marking the… Read more
Published on 2022-05-12
Source: Ethereum News
Bitcoin (BTC) fell further on the May 6 Wall Street open amid a warning that the U.S. equities sell-off was "not over."BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNovogratz: "We are not going to get a soft landing"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $35,268 on Bitstamp, bringing three-day… Read more
Published on 2022-05-06
Source: Ethereum News
Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early users receive 8% of the total supply of soon-to-be-released HOP tokens.Similar to Optimism, which recently unveiled a new… Read more
Published on 2022-05-06
Source: Ethereum News
The burning rate of Ethereum has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’ upcoming Metaverse project the “Otherside.”Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), sold 55,000 virtual land nonfungible tokens (NFTs) dubbed “Otherdeeds” on… Read more
Published on 2022-05-02
Source: Ethereum News
Although NFTs have been a part of the cryptocurrency market since 2014, interest and adoption ha risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over $5 billion, kickstarting what briefly came be to known as “NFT Summer”.According to… Read more
Published on 2022-04-28
Source: Ethereum News