Month: September 2022

On the first day after the Merge, the decentralized finance (DeFi) community is settling into the seemingly uneventful transition of the Ethereum network from proof-of-work (PoW) to proof-of-stake (PoS). However, it has yet to be seen the benefits that hard forks will bring to PoW supporters. So far, the most important contending networks in favor
0 Comments
Members of the United States House of Representatives and Senate as well as Supreme Court justices currently trading cryptocurrencies may have to stop HODLing while in office should a bill get enough votes. According to a framework released on Thursday, chair Zoe Lofgren of the Committee on House Administration — responsible for the day-to-day operations
0 Comments
Summary: On-chain analytics startup Nansen reported massive inflows into staked Ether tokens following the Merge. Ethereum’s proof-of-stake upgrade successfully shipped on September 15, EWN reported. “Smart money” investors have deployed over $33 million into locked-up Ether coins in the past week alone. Ethereum’s upgrade dubbed the merge seemingly bolstered investors’ faith in protocols like Lido
0 Comments
Crypto prices keep falling, but why? This year’s market crash has turned most winning portfolios into net losers, and new investors are probably losing hope in Bitcoin (BTC). Investors know that cryptocurrencies exhibit higher than average volatility, but this year’s drawdown has been extreme. After hitting a stratospheric all-time high at $69,400, Bitcoin price crumbled
0 Comments
XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC). Settlement rumors fuel XRP price boom  On Sept. 23, the XRP/BTC pair surged to 0.00002877 — its best level in 13 months — from
0 Comments
Crypto mixer Tornado Cash has returned to the software development platform GitHub after several weeks of being banned on the website. Ethereum developer Preston Van Loon took to Twitter on Thursday to report that GitHub has partly unbanned the Tornado Cash organization and contributors on their platform. The developer suggested that Tornado Cash’s code repositories are
0 Comments
With the crypto community growing bigger and as trading volumes reach new highs, the United States is also making more effort to ensure that its Internal Revenue Service (IRS) could properly collect cryptocurrency tax.  U.S. Attorney Damian Williams, Deputy Assistant Attorney General David Hubbert and IRS Commissioner Charles Rettig announced that U.S. judge Paul Gardephe
0 Comments
In this week’s episode of Market Talks, we welcome Yashu Gola, a Mumbai-based financial analyst and technology journalist at Cointelegraph with a strong focus on Bitcoin (BTC), smart contracts, exchange assets, nonfungible tokens, commodities and global stocks. Gola has been covering the cryptocurrency industry since 2014 and does not expect to stop anytime soon. First
0 Comments