Author: hotcrypto
Ethereum ETH/USD co-founder Vitalik Buterin has in the past openly shown his support for Ukraine in its fight against the Russian invasion. The crypto entrepreneur recently attended the three-day “Kyiv Tech Summit” that concluded on Friday, according to CoinDesk.After tracking the Russia-Ukraine war since it began, Buterin wanted to come and see for himself, he reportedly said while taking part as the marquee speaker on the closing panel of the summit.He also said he wanted to let Ukraine know that the people in the Ethereum blockchain, and the crypto world as a whole, really care about the citizens in the country,…
By CNBCTV18.com Sep 12, 2022, 12:56 PM IST (Published)MiniOn September 15, 2022, the Ethereum network will adopt the proof-of-stake (PoS) consensus mechanism in place of its current proof-of-work (PoW) system. It is a momentous event that perhaps the entire cryptoverse has been waiting for years.On September 15, 2022, the Ethereum network will adopt the proof-of-stake (PoS) consensus mechanism in place of its current proof-of-work (PoW) system. It is a momentous event that perhaps the entire cryptoverse has been waiting for years. And, as the date draws closers, news stories and predictions around The Merge also seem to be coming in thick…
While noting bitcoin’s encouraging rebound from $18,500 earlier in the week, Joe DiPasquale, CEO of crypto asset manager BitBull Capital also said that such resurgences have not been unusual for cryptos during down markets. “While bulls will welcome this bounce, it is important to note how continued bearish price action has intermittent relief rallies, especially as short position holders take profit,” he said. This news is republished from another source. You can check the original article here
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to climb above the $21,000 mark after a drastic dip seen last week. Ethereum (ETH), the second most-valued crypto coin after Bitcoin, rose above the $1,700 mark. Most other popular altcoins, including the likes of Dogecoin (DOGE), Ripple (XRP), and Litecoin (LTC) found themselves in the reds on Monday morning. Among lesser-known altcoins, the ApeCoin (APE) token emerged to be the biggest gainer in the last 24 hours. At the time of writing, the global crypto market cap stood at $1.05 trillion, marking a minor 0.76 percent dip in the…
The euphoria around meme-based cryptocurrency Shiba Inu has translated into a rapid surge in accumulation recently. The number of SHIB holders has now hit an all-time high after peaking at 1.22 million. This historic peak comes after a period of strong accumulation of late. There has also been a hike in whale holdings as strong bullish signals were sent across the crypto-industry for Shiba Inu. According to whale movement tracker WhaleStats, the top 500 Ethereum whales are holding over $157.4 million worth of SHIB tokens. In fact, the meme coin now occupies 5.3%of their entire holdings. The same platform also…
VeChain (VET) continues to deploy more real-world applications of blockchain technology. In a recent outcome, the world’s leading enterprise-grade Layer 1 smart contract platform has launched a fashion product powered by the VeChain Toolchain. While this Toolchain-powered merchandise was released in the EU/UK, VeChain Foundation wrote that the customized and blockchain-linked T-Shirt is available to be shipped to places like the United States, Canada, China, and Singapore. This development came as the team moved to mark the impactful four years of existence of VeChainThor. The product labeled “2022 VECHAIN CLASSIC T-SHIRT” goes for €23.99 and it has the inscription “HELLO…
The Thai SEC has tightened rules related to the crypto market, while the central bank is receiving more powers to regulate the market. Meanwhile, the country’s Gulf Energy Development is looking to launch a crypto exchange. Regulators in Thailand are taking an aggressive stance on the crypto market as authorities are passing into law several new rules. The actions by Thailand’s Securities and Exchange Commission (SEC) have affected trading numbers, as the number of active accounts has dropped to about 33% of what it was at the start of the year. On Sept. 1, the SEC passed new rules related…
Bitcoin price has not only swept key swing lows, as noted in last week’s articles, but it has also reached its first recovery level target. While the recovery rally was as quick as it was a surprise, investors can hope for a minor retracement to get on the next leg-up. Cardano price has been forming a liquidity fractal since June 18, and each time this pattern occurs, a bullish move follows. The latest occurrence of this fractal was on August 28, which was followed by a quick run-up that has not quite reached its target yet. Polkadot (DOT) price…
Non-fungible tokens (NFTs) have taken the crypto market by storm over recent years. While crypto enthusiasts insist there are myriad possible use cases for NFTs, the most popular—and valuable—application of this unusual crypto technology has been works of art that exist solely on the blockchain. By most metrics, Bored Ape Yacht Club (BAYC) is the most successful NFT art collection. BAYC’S current market capitalization is valued at around INR 7,500 cr, according to CoinGecko. In recent months, there have even been stories of Bored Apes being stolen by hackers, including a bizarre phishing scheme involving the actor and producer Seth…
Bitcoin was in the green on Sunday evening, even as the global cryptocurrency market cap fell 0.3% to $1.1 trillion at 8:20 p.m. EDT.Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD 0.75% 9.1% $21,800.95 Ethereum ETH/USD -0.7% 11.4% $1,761.84 Dogecoin DOGE/USD -1.8% 0.7% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Celsius (CEL) +14.8% $1.60 ApeCoin (APE) +10.65% $5.61 PancakeSwap (CAKE) +4.2% $4.53 See Also: How To Get Free NFTsWhy It Matters: Bitcoin and Ethereum traded mixed, even as stock futures rose marginally. The S&P 500 and Nasdaq futures were up 0.1% and 0.2%, respectively,…