Tag Archives: Ethereum

Google Is Counting Down to Ethereum Merge with ‘Easter Egg’ on Search Engine

Google Is Counting Down to Ethereum Merge with ‘Easter Egg’ on Search Engine

A Google “doodle” is counting down to the Ethereum merge, a sign of recognition from the world’s most popular website. The nod comes as Ethereum’s long-awaited transition to a less energy-intensive proof of stake method of validating transactions is just a few days away: three and a half days, by Google’s count. Typing “ethereum merge” into Google’s search engine now yields a countdown clock, the difficulty rate (the number of times a miner must calculate the hashes in order to… Source link

Read More »

Here’s what to Expect From Bitcoin and Ethereum in Q3 2022

Here’s what to Expect From Bitcoin and Ethereum in Q3 2022

Key Insights: Bitcoin’s price saw a close to 56% drop in the second quarter of 2022. The global crypto market cap and most of the top crypto assets saw significant pullbacks and rangebound trajectories over the last three months. Largely stagnant futures and options markets and low trading volumes have been a bear market constant. A long and cold winter in the crypto bear market has left participants looking at price charts to seek relief in patterns. Top crypto assets – bitcoin (BTC) and Source link

Read More »

Ethereum co-founder says every ‘average smallholder’ impacted by Terra’s stablecoin crash should be made whole, cites FDIC’s $250,000 as ‘precedent’

Ethereum co-founder says every ‘average smallholder’ impacted by Terra’s stablecoin crash should be made whole, cites FDIC’s 0,000 as ‘precedent’

The Terra ecosystem completely unraveled last week, taking much of the cryptocurrency market down with it. Its algorithmic stablecoin TerraUSD (UST) crashed far below its $1 peg, and its sister token Luna collapsed to nearly zero. Though the overall market is now recovering, the demise of UST and Luna wiped out many cryptocurrency investors’ life savings. This left the Terra community, including its creator Do Kwon, proposing plans to somehow fix the damage done. One proposal on the Terra… Source link

Read More »

Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip

Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Former Ethereum developer Virgil Griffith will serve 63 months in prison and pay a $100,000 fine for helping North Koreans use cryptocurrencies to evade sanctions. In September, Griffith pleaded guilty to one count of conspiracy to violate international sanctions against North Korea. Griffith was arrested in November 2019 after giving a talk at a Source link

Read More »

Ethereum vs. Bitcoin, Which One Is a Better Investment?

Ethereum vs. Bitcoin, Which One Is a Better Investment?

Unix Hash Shenzhen, China, March 29, 2022 (GLOBE NEWSWIRE) — Ethereum and Bitcoin are among the top two cryptocurrencies in the market. The Ethereum vs. Bitcoin debate has been raging for some years now. Google searches for “Ethereum merge” just hit an all-time high. Some expert crypto analysts believe that Ethereum may overtake Bitcoin in the coming years, as it continues to grow and be accepted worldwide. According to Yahoo Finance, Ethereum could eventually pass Bitcoin in market cap… Source link

Read More »

Ethereum is approaching the ‘merge’ and crypto investors are having major FOMO

Ethereum is approaching the ‘merge’ and crypto investors are having major FOMO

If you feel swept up in all the hype surrounding Ethereum’s impending upgrade, you aren’t alone. Google searches for “Ethereum merge” have seen an uptick over the past 12 months, recently hitting a peak. Along with all the interest, Ether’s price has seen a boost as well. It hit a two-and-a-half month high this morning when it neared $3,350. It’s currently trading at around $3,406, up 6% in the last 24 hours, and almost 19% in the last week. Why all the hype? Investors might be… Source link

Read More »

Bitcoin price tests $40,000, Ethereum hovers near $3,000 level again

Bitcoin price tests ,000, Ethereum hovers near ,000 level again

Bitcoin (BTC-USD) and Ethereum (ETH-USD) are tumbling in what has been an ugly start to the year for cryptocurrencies. Bitcoin, the largest digital cryptocurrency, has extended its slide to fall to as far as $39,558 Monday morning, dipping below the crucial $40,000 level for the first time since September 2021. It is nearing what is known as the “death cross,” a bearish indicator which occurs when the 50-day moving average dips below the 200-day moving average, and could mean bitcoin is… Source link

Read More »