“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts give you the details about Ethereum 2.0, its main competitors, and how they differ from each other. To kick things off, we break down the latest news in the markets this week. Here’s what to expect in this week’s markets …
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There’s been an exciting development happening this year within the cryptocurrency community and specifically with Ethereum. In March of 2021, Vitalik Buterin announced that he would be implementing a new system called “Proof-of-stake” into Ethereum’s code for its next big update, dubbed “the merge.” The merge has already begun with certain nodes running on PoS, …
Continue reading “What is the Ethereum Merge and Why Should Anyone Care?”
Gala (GALA) Price Prediction – June 7The trending outlook of the GALA/USD trade operation has been under low-falling settings. The market’s all-time high is at $0.8367 precisely, and the all-time low value stands at $0.00015, making the return on investment seen at about 5,324.18%. Presently, the price trades around $0.079 at a negative percentage rate …
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Key takeaways: Binance Coin’s (BNB) price has been affected by news of the SEC investigating the exchange on its 2017 ICO. Binance Coin has since lost its $300 support level and could retest its $218 low set during the crypto sell-off catalyzed by UST’s depegging event. The investigations by the SEC aim to figure out …
Key takeaways: Binance has released over 50 pages of email records between its cyber security team and Reuters journalists investigating the exchange for being a hub for laundering ill-gotten crypto. CZ has requested the crypto community to seek the truth about the saga with Reuters. Binance has reiterated that crypto is more transparent than the …
Summary: MicroStrategy CEO Michael Saylor believes Bitcoin will benefit from the regulatory clarity initiated through the crypto bill by Senators Lummis and Gillibrand. Mr. Saylor says that such regulatory clarity will facilitate and accelerate the participation of traditional institutional investors. The proposed crypto bill sets to streamline hurdles such as stablecoins, taxes, DeFi, DAOs, and …
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › 👋 Want to work with us? CryptoSlate is hiring for a handful of positions! As the world eagerly explores new ways to shape an exciting future for humanity, blockchain innovation is setting precedence in all sectors …
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Economist Turr Demeester tweeted that it’s “wild” that the St. Louis Fed compiles data for the ratio of eggs to Bitcoin. Wild… The official website of the US Fed now has a page with the ratio of eggs to bitcoin. 🍳🚀 …
Continue reading “Why is the Fed tracking the price of eggs in Bitcoin?”
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Circle, the issuer of USDC, announced that it will support Polygon USDC on Circle’s payments platform starting today, making Polygon USDC the first bridged USDC version and allowing developers to build more seamlessly. The new bridge will provide easier access to …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Digital assets investment products saw $100 million in inflows during the week of May 30 as investors pumped money into Bitcoin, according to the latest CoinShares report. The inflows represent a small sign of recovery as the market has now witnessed …
Continue reading “Investors flock to Bitcoin as Ethereum records 9 consecutive weeks of outflow”
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Hong Kong’s Securities and Futures Commission (SFC) recently published an advisory paper that recognized NFTs as “collective investment schemes” rather than collectibles. The recognition brings NFTs under the SFC’s jurisdiction. The regulator considers NFTs highly risky investments that require a specific …
Continue reading “Hong Kong classifies NFTs as financial asset, mandates licensing”
On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik, the BAYC Discord server attacker may have been …
SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week, markets turned red, with AVAX being another token to fall victim to the latest red wave. Solana (SOL) SOL was back in the red on Tuesday, as today’s sell-off pushed prices closer …
Continue reading “Biggest Movers: SOL Slips 10% as Crypto Bears Return to Action “
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at 235 exahash per second (EH/s), the network is expected to see a DAA …
Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave which captured bitcoin bulls, also overcame ETH, pushing prices nearly 8% lower, as of writing. Bitcoin Following a strong start to the week, bitcoin was once again trading lower, as prices dropped below …
