The launch of ETH2 staking service Rocket Pool saw it hit its stage two cap in just 45 seconds according to the co-founder of hosting partner Allnodes Konstantin Boyko-Romanovsky. In its first two days of operations, Rocket Pool has registered 237 node operators across 42 global locations, with 1088 ETH staked. According to an announcement
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Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) futures-based exchange-traded fund (ETF) amid a number of such products launching in the United States. While dropping its futures-linked ETF, the firm is still bullish on a spot Bitcoin ETF, which is designed to track Bitcoin directly, Bitwise chief investment officer Matt Hougan announced
Ripple recently filed a “motion to compel responses to interrogatories” in which they ask the SEC whether Ether is a security. As pointed out by Attorney Jeremy Hogan, this line of questioning is an “AMAZING” move, in that, regardless of the answer given, the SEC will weaken their case. Source: @attorneyjeremy1 on Twitter.com Last month, at
Bitcoin (BTC) and Ether (ETH) have again risen to a new all-time high on Nov. 10, indicating that the trend remains firmly in favor of the bulls. In a recent report from Kraken exchange, analysts said that the current quarter’s price action has a correlation of 0.88 with the fourth quarter of 2017. Bitcoin had
Every time a new Bitcoin (BTC) all-time high is formed, excessive expectations follow. This time was no different as its price briefly touched $69,000 in the early hours of Nov. 9. Bitcoin 8h, we got our November 9th historical correction, seems to be very minor for now. Naturally I expect at bigger correction after we
Consumers in the United States and around the world continue to feel the pinch of inflation and recent data shows that the Consumer Price Index (CPI) rose 6.2% in October when compared to last year, a development which further cast doubt on the “transitory” inflation narrative coming out of the Federal Reserve. Inflation at 6.2%
Bitcoin price hit another all-time high at $69,000 as Ether continued its long slog toward $5,000 after reaching a new high at $4,868 earlier today. Shortly after hitting this fresh milestone, however, traders began taking profit, leading to a nearly-$7000 drop. Interstingly, the breakout initiated right as a report from the U.S. Bureau of Labor
City of Philadelphia Chief Innovation Officer Mark Wheeler announced an initiative to bring blockchain technology to city government on Monday. The project has invited people working in the blockchain and smart contracts space to contact staff working on the project to see how crypto technology could be useful within municipal government. Wheeler tweeted that he
Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wallet that was created on July 10, 2013, transferred 2,207 so-called ‘sleeping bitcoins’ worth over $147 million. Both of these massive transactions took place on the same day bitcoin reached an all-time price high at $69,000. 2013 Whale Transfers 2,207 Bitcoin Worth
Cryptocurrency markets rose to record highs on Wednesday, as investors continued to pile into Bitcoin (BTC) and alternative coins against a backdrop of surging inflation in the United States. The cryptocurrency market capitalization — an important barometer for the health of the digital asset class — reached a high of $3.11 trillion, according to Coingecko.
Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum Name Service protocol, which issues nonfungible tokens that double as Ethereum addresses and web domains, distributed an airdrop for its new ENS decentralized autonomous organization (DAO) token. The resulting airdrop translated to an instant five-figure
Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin, Ethereum “relentlessly up” Data from Cointelegraph Markets Pro and TradingView captured a snap change of direction for BTC/USD, which gained $2,000 in just 45 minutes. In step with various similar moves in
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. What’s in a name? A whole metaverse is what one could be led to believe when looking at the
Block.one, the developer of the EOS.IO protocol — the blockchain network of the EOS cryptocurrency — continues progressing with its cryptocurrency exchange subsidiary known as Bullish. Bullish officially announced on Wednesday that its branch, Bullish Limited, obtained a distributed ledger technology license from the Gibraltar Financial Services Commission (GFSC). The regulatory approval marks a major milestone
Shiba Inu (SHIB) is now the third-largest consumer of gas on the Ethereum network This milestone is the result of ShibaSwap going live earlier today ShibaSwap is a decentralized exchange and DeFi protocol focusing on the Shiba Inu ecosystem Three tokens are at the core of ShibaSwap: SHIB, LEASH and BONE Shiba Inu (SHIB) token
The Securities and Exchange Commission (SEC) has admitted that before instigating legal proceedings against Ripple, it never informed inquiring third parties that it considers XRP a security. “…the Commission admits that before the filing of this case certain third parties inquired about the legal status of XRP. However, the Commission did not state a view