Author: hotcrypto
Arman Shirinyan Worrisome market conditions cause too much pressure on altcoins despite successful Ethereum Merge The Ethereum Merge is finally live, but the market remains anemic because of the last CPI release that caused turmoil among investors. One way or another, the majority of investors on the cryptocurrency market do not seem to care about the fundamental update that much as the volatility is still in the lower part of the range. Altcoins are reaching extreme lows In the last 24 hours, most assets, including XRP, Cardano and Dogecoin, have been taking serious hits. The main reason behind it is massive outflows from…
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The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain CoinDeskThe world’s second biggest cryptocurrency just got a lot greener CNNEthereum’s massive software upgrade just went live — here’s what it does CNBCBreaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs CointelegraphEthereum Merge Live: Latest News and Updates CryptonewsView Full Coverage on Google News This news is republished from another source. You can check the original article here
Ethereum has completed one of its most significant milestone with the successful completion of “The Merge”, the migration to a Proof-of-Stake (PoS) consensus. Market participants were expecting an aggressive price action during this event, but the results might be disappointing. And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today. — vitalik.eth (@VitalikButerin) September 15, 2022 At the time of writing, Ethereum (ETH) trades at $1,480 with a 7% and 8% loss in the last 24 hours and 7 days, respectively. The second…
Greenpeace and the Environmental Working Group have launched a $1 million smear campaign against Bitcoin following Ethereum’s Merge to PoS. The campaign has a petition urging Fidelity, BlackRock and others to move Bitcoin away from PoW. Opponents of Bitcoin need to understand how it actually works. Greenpeace and the Environmental Working Group have intensified their attack against Bitcoin’s proof-of-work (PoW) with a $1 million ad campaign, per a press release. The climate groups are pushing for institutions such as Fidelity, BlackRock, Block and PayPal to influence the Bitcoin protocol. The group’s intentions are to have these institutions somehow help change…
Litecoin price consolidates after a whipsaw 13% move from high to low on Tuesday. LTC price further oscillates with lower highs and higher lows on Wednesday and Thursday. Expect a possible bearish break as the 55-day Simple Moving Average gets pierced with each move to the downside. Litecoin (LTC) price sees traders trying to wrap their minds around what happened on Tuesday when bulls managed to pierce through an impenetrable wall that bears had cemented at $65.08. Unfortunately, on the breach of it, bears quickly rushed in to run price action back down, making it a very expensive bull trap…
– Advertisement – U.S.-based eCommerce Platform, BigCommerce Added Support for Shiba Inu (SHIB) via BitPay. Now, tens of thousands of merchants from over 150 countries would be able to accept Shiba Inu (SHIB) along with 14 other major cryptocurrencies as payment since U.S.-based eCommerce platform, BigCommerce partners with the leading blockchain payment firm, BitPay. BigCommerce, a NASDAQ-listed eCommerce platform, recently announced its partnership with the world’s leading crypto payment gateway Bitpay to allow BigCommerce merchants all across the globe to accept cryptocurrencies easily and in the most secure way. BigCommerce’s merchants and other payment methods can now offer crypto payments…
Image source: Getty Images It can sometimes feel as if crypto only solves problems within the crypto world. But these four projects have real-world utility. Key points Cryptos that are actually useful are much more likely to survive long term.Livepeer and Helium use decentralized networks instead of expensive infrastructure to solve real-world problems.VeChain uses the blockchain to manage supply chains, among other things. It’s been a rough year for crypto investors. Even top cryptos are down as much as 90% on their all time highs, and many people’s portfolios have been decimated. Sadly, there’s a good chance that prices will…
Do Kwon, who co-founded the business that created the cryptocurrencies Terra Luna and TerraUSD, is the subject of an arrest warrant issued by a South Korean court. Investors were alarmed by their stunning drop earlier this year, which caused key token prices to crash. The Singapore-registered Terraform Labs, according to the prosecution, violated capital market regulations. In May, Terra Luna lost 99 per cent of its value, which was made worse by a decline in TerraUSD, its sister currency. Kwon and five other people involved in the case have arrest warrants, a representative for the South Korean prosecutor’s office told…
Reading Time: 2 minutes The first in-game NFTs have been minted on Efinity with the launch of the MetaHome NFT collection, immediately usable in MyMetaverse’s full suite of games. MyMetaverse, a game development company specialising in creator-led metaverses with play-and-earn economies, ensured that on launch, the NFTs perform different functions in three different games. The MetaHome NFTs offer unique gameplay utility in every world they’re recognised. In Infinity Auto, a MyMetaverse Grand Theft Auto (GTA) 5 server, they take the form of a rare vehicle; in Survival Infinity, a MyMetaverse Minecraft server, they become a special sword. MyMetaverse is one…