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Cryptocurrency News

The Helium Community Decided Overwhelmingly to Move to Solana

Kavon Hyatt | September 23, 2022 | Leave a comment
More than 80% of voters agreed that the network should use the Solana blockchain. The choice came at the cost of the network’s ambitions of developing its own. Helium is a wireless crypto community which runs a decentralized WiFi...
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Bitcoin Whales Go on A Purchase Binge as BTC Values Fall?

Kavon Hyatt | September 22, 2022 | Leave a comment
Bitcoin, the most widely used cryptocurrency, has been unable to generate upward momentum. This limitation is due to several factors related to the economy, including the upcoming increase in Fed interest rates. Meanwhile, a whale tracker has uncovered a...
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The Bitcoin and Ethereum Prices Aim High, And XRP Is Set to Rise Further

Kavon Hyatt | September 21, 2022 | Leave a comment
BTC is still having trouble breaking over the $19,500 barrier. At the moment, BTC is stabilizing around the $19,000 mark. Unless there is a decisive breach to the upside, the bears may attempt to push prices below the $18,000...
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The Bitcoin and Ethereum Prices Aim High, And XRP Is Set to Rise Further

Kavon Hyatt | September 21, 2022 | Leave a comment
BTC is still having trouble breaking over the $19,500 barrier. At the moment, BTC is stabilizing around the $19,000 mark. Unless there is a decisive breach to the upside, the bears may attempt to push prices below the $18,000...
Read More...

Distribution on Binance Causes 30% Increase in Ethereum’s Proof of Work

Kavon Hyatt | September 20, 2022 | Leave a comment
Before, the Ethereum blockchain used proof-of-work. The proof-of-work is a consensus technique that requires a lot of processing time and energy from all the distributed nodes that make up the blockchain. Ethereum switched from proof-of-work to proof-of-stake. Bearish Movement ...
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Over $433M Liquidated Following The Fall in Price of Bitcoin and Ethereum

Kavon Hyatt | September 19, 2022 | Leave a comment
The price of the most popular cryptocurrency, Bitcoin (BTC), continues in an adverse price movement. The negative trend continued throughout the weekend, reaching a new three-month low of $18,390. Information about the price fall follows the statistics provided by...
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Shiba Inu Has Reached Crisis Point; Tragedy Is Possible

Kavon Hyatt | September 16, 2022 | Leave a comment
In December 2020, deposit contracts and the implementation of the Beacon Chain, a straightforward proof-of-stake (PoS) coordination mechanism, signaled the beginning of Ethereum’s (ETH) move to PoS in a purely technical sense. The whole validation method was predicted to...
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Ethereum Announces That the Merge Update Has Been Completed Successfully, With More to Follow

Kavon Hyatt | September 15, 2022 | Leave a comment
The Ethereum Foundation announced that the last part of the update, referred to as the Paris upgrade, was finished as of 2:45 p.m. local time in Hong Kong. The Merge, a significant overhaul of Ethereum’s foundations, would affect the...
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The weekly cryptocurrency outflows have reached $63 million

Kavon Hyatt | September 14, 2022 | Leave a comment
The value of cryptocurrencies such as Bitcoin and Ethereum hit all-time highs during the past week. Despite the recent improvement, institutional investors are still divesting themselves of digital asset products to almost $63 million, indicating that a gloomy market...
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The Bitcoin Hash Rate Hit a Record Peak, and the Next Halving is Scheduled for 2023

Kavon Hyatt | September 13, 2022 | Leave a comment
The next half of Bitcoin’s block reward has been brought ahead in time because the Bitcoin hash rate just set an all-time high. On September 11th, the hash rate of the Bitcoin network achieved a raw value of 281.79...
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