Bitcoin traders still favor new $20K lows as Ethereum hits $2K
Bitcoin (BTC) is still due to return to near $20,000, fresh analysis warns as BTC/USD attempts to retest multi-month highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuy-the-dip set for invalidation at $20,700Data from...
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A Futurist take on crypto
You might not know it, but Canada is quietly becoming a major player in the blockchain and crypto scene: Ethereum has strong Canadian roots, Toronto-based 3iQ launched North America’s first physically-settled Bitcoin (BTC) exchange-traded fund...
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3 cryptocurrencies that stand to outperform ETH price thanks to Ethereum’s Merge
After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum's native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also...
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Institutional staking won’t take off unless asset lock-up solved: Coinbase CFO
Institutional staking of crypto assets, including the post-Merge Ethereum, could become a “phenomenon” in the future, but not while their assets still need to be “locked up.”Speaking during a Q2 earnings call on Aug. 9, Chief Financial...
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ETH devs move up the date for Merge
The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to Proof-of-Stake.The Ethereum mainnet Merge date came into view after core...
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Is it foolish to expect a massive Ethereum price surge pre- and post-Merge?
Ether’s (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July seem like ages ago. Bulls now hope to turn $1,900 to support, but...
3 signs Ethereum price is on track toward $2.5K by September
Ethereum's native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators.Ethereum chain...
Ethereum Merge on track as Goerli test merge successfully finalized
After Ropsten and Sepolia, Goerli was the last remaining testnet scheduled to undergo the merge, officially becoming a Proof-of-Stake (PoS) blockchain as of 1:45 am UTC, Aug. 11. The Goerli testnet merge has been finalized without any major...
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Decentralized apps on Polygon hit 37,000, rocketing 400% this year
The number of decentralized applications (DApps) on Ethereum-scaling-platform Polygon has topped 37,000, marking a 400% increase since the start of 2022. The Polygon team shared the figures via an Aug. 10 blog post, which was sourced from...
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Optimism TVL surges nearly 300% M/M ahead of The Merge upgrade
According to data from DefiLlama, total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has surged 284% in the past month. The vast majority of TVL consists of users lending and borrowing assets on...
Bitcoin price sees $24K, Ethereum hits 2-month high as US inflation shrinks
Bitcoin (BTC) regained $24,000 but failed to hit new multi-month highs on Aug. 10 as United States inflation appeared to be slowing.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI cuts risk assets much-needed slackData from...
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Tether also confirms its throwing weight behind the post-Merge Ethereum
Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming Merge upgrade and switch to a Proof-of-Stake (PoS) consensus...
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Circle plans to only support Ethereum PoS chain after Merge is complete
On Tuesday, Circle, the issuer of the USD Coin (USDC) stablecoin, pledged its full support for the transition of Ethereum to a proof-of-stake, or PoS, blockchain after the much-anticipated Merge upgrade. The firm views the Merge as an important...
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Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Report
Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows, according to the latest CoinShares report. Said inflows reached $16.3 million last week, adding to a total of...
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F2Pool co-founder responds to allegations it’s cheating the Ethereum POW system
F2Pool co-founder Chun Wang has responded to allegations that his mining pool has been manipulating Ethereum block timestamps to “obtain consistently higher mining rewards."The allegations came from an Aug. 5 paper from researchers at The...
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White hat hackers have returned $32.6M worth of tokens to Nomad bridge
Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned approximately $32.6 million worth of funds. The vast majority of...
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Vitalik Buterin proposes stealth addresses for anonymous NFT ownership
Ethereum co-founder Vitalik Buterin has suggested there may be a “low-tech approach” to incorporating privacy features into nonfungible token, or NFT, transactions.In a Monday post on the Ethereum research channel, Buterin implied Merkle...
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Chainlink ditches Ethereum PoW forks for PoS after The Merge
Chainlink is aligning itself with the decision of the Ethereum Foundation and its community. Therefore forked versions of the Ethereum (ETH) blockchain, which includes PoW forks, will no longer be supported by the Chainlink (LINK) protocol...
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Layer-2 scaling will make crypto payments ‘make sense’ again — KBW 2022
Ethereum co-founder Vitalik Buterin has argued that crypto payments will once again “make sense” as transaction costs will soon fall to fractions of a cent due to layer-2 rollups.The Cointelegraph team currently on the ground at Korea...
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60 million NFTs could be minted in a single transaction: StarkWare founder
Zero-knowledge (ZK) rollup tech company StarkWare founder Eli Ben-Sasson says its new Recursive validity proofs could theoretically roll up as many as 60 million transactions into one on the Ethereum blockchain.The zkSTARK co-inventor made the...
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