Author: hotcrypto
On Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away. Amid The Merge update from the Ethereum Foundation, during the last month, Ethereum network costs have printed some of the lowest onchain fees since 2020. Ethereum Foundation Clarifies ‘Gas Fees Are a Product of Network Demand’ — The Merge Does Not Significantly Change Any Parameters That Directly Influence Network Capacity or Throughput The Ethereum Foundation wants the public to be aware that while The Merge will transition from PoW to…
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to climb above the $24,000 mark on early Wednesday morning. Ethereum (ETH), the second-most valued crypto coin, is showing a steady growth towards the $1,900 mark as its Mainnet Merge is expected to take place in September. Other popular altcoins, including the likes of Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), registered gains across the board. Among lesser-known altcoins, the EOS token emerged as the biggest gainer in the last 24 hours, and Celsius (CEL) continued to be the biggest loser second day in a row. At the…
– Advertisement – U.S.-based BitWallet lists Shiba Inu (SHIB) and three other cryptocurrencies. We are excited to announce that you will soon be able to buy and sell select alt coins using the BitWallet app. pic.twitter.com/C9noK3pZqR — BitWallet™ 🇺🇸 (@BitWalletInc) August 11, 2022 BitWallet Inc., a United States Department of Treasury’s Money Services Business, announced via tweet that it would soon list a total of four altcoins, including the most popular canine-themed cryptocurrency, Shiba Inu (SHIB), along with Ethereum (ETH), Dogecoin (DOGE), and Litecoin (LTC). Currently, the BitWallet app users from over 160 countries can only buy, sell…
VeChain’s VET/USD price has decreased 3.68% over the past 24 hours to $0.03, continuing its downward trend over the past week of -9.0%, moving from $0.03 to its current price.The chart below compares the price movement and volatility for VeChain over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.The trading volume for the coin has fallen 30.0%…
Bitcoin [BTC] continues to surprise investors with new movements every day as the coin has been hovering near the $25K mark. The most interesting movement seen in BTC is the drawdown in the coin’s circulation lately. According to data from Santiment, the king coin followed a healthy circulation rate from October 2021 running into June 2022. Even so, the price rebound in July coincided with this decrease in BTC’s circulation. However, price reversals as seen in July and August 2022 led to a jump in the circulation as the “fear of missing out” on accumulating BTC was evident. This was…
Crypto offers the prospect of making big profits quickly which inevitably attracts scammers and fraudsters – and a potentially rough ride for investors. Photo / Michael CunninghamOPINIONIt seems everyone is talking about investing in cryptocurrencies. This is not surprising when around 220 million people are actively trading cryptocurrencies, generating more than US$2 trillion in combined value. In 2021 Elon Musk even tweeted people could buy one of his Tesla electric cars with Bitcoin. But crypto is a high-risk virtual investment that inhabits an unregulated environment that is akin to the old Wild West. Anyone can create a crypto asset, with…
As a frontrunner on the list of pivotal technological disruptors of the 21st century, blockchain is busily remodeling many entrenched businesses and industries by advancing decentralization and introducing intermediary-free applications. Over time, blockchains have evolved tremendously, addressing many of the drawbacks and overcoming the limitations posed by earlier models, especially concerning energy consumption. While cryptocurrency does have an environmental impact, not every cryptocurrency or underlying blockchain has the same carbon footprint. As new advancements are made across the blockchain ecosystem, several promising solutions have emerged to tackle environmental concerns raised by critics, each achieving varying degrees of success. Between purchasing…
As celebrities and athletes alike dip into the crypto sphere to endorse tokens or companies, others are looking to NFTs as a way to engage with fans. NFT collections have been launched by celebrities including Paris Hilton, Snoop Dogg, Steve Aoki and The Notorious B.I.G. (posthumously). The newest entrant is two-time Academy Award-winning actor Sir Anthony Hopkins, who partnered with NFT digital collectible company Orange Comet to launch his own series, The Eternal Collection. There are plenty of reasons why one might launch an NFT project with their likeness. But for Hopkins, it’s about following his life motto of “everything…
What happened After initially surging more than 4% early this morning during Asian trading hours, top cryptocurrencies Bitcoin (BTC -2.65%), Ethereum (ETH -2.08%), and Dogecoin (DOGE -3.53%) have each moved lower in early afternoon trading. As of 1 p.m. ET, these three tokens have slumped 1.5%, 2%, and 2.2%, respectively, over the past 24 hours. Interestingly, the moves for these top tokens tracked the price action for global equity markets quite closely. Most major Asian indices moved higher overnight. However, U.S. equity markets have moved lower today as investors await the release of the most recent Federal Open Market Committee…
The rollout will help provide access to investor funds for intellectual property owners and project developers. AVENTURA, FLORIDA, UNITED STATES, August 17, 2022 /EINPresswire.com/ — BioPower Operations Corporation (OTC: BOPO), currently in process of changing its name to HYFI Corp (‘HyFi’, subject to clearance by FINRA), is pleased to announce it has released 10,000 HyFi memberships and other assets through the HyFi Vault Program for individuals and businesses. The phase 1 rollout and HyFi Vault Program is code-named The Athena Project Pre-Sale and provides not only the two highest levels of membership “Ultimate and Pro,” but also enable users to…