Cryptocurrencies
Transition to PoS will Improve Ethereum Efficiency 2000 Times: Ethereum Foundation
A greener future is expected on the horizon for Ethereum, thanks to the PoS consensus mechanism, which increases the network's efficiency 2000 times more.
Bitcoin’s Institutionalization Increases 4-Fold to Hit Weekly Average of $1.9T
Since institutional investments started trickling into the Bitcoin (BTC) network, the leading cryptocurrency has prompted exponential growth.
CNBC Survey: Most Millennial Millionaires Own Cryptocurrencies at 83%
Based on the technological innovations revamping the world like cryptocurrencies, millennials have been at the forefront to embrace them, as cited by CNBC Millennial Millionaire Survey findings.
Proof of Stake Networks to Help Staking-as-a-Service Providers
The proof of stake (PoS) consensus mechanism has gained steam in 2021 because it is more environmentally friendly and cost-effective compared to the proof of work (PoW) framework used in networks like Bitcoin (BTC).
Is Bitcoin Getting Ready for a Breakout?
There seems to be light at the end of the tunnel for a breakout in the Bitcoin market because the multi-month downtrend witnessed on the momentum indicator has broken out to the upside.
New Wave of Green Energy Programs Influence Crypto Mining Sector
The mass exodus of crypto mining operations out of China based on intensified crackdowns has triggered the urge for sustainable and environmentally friendly mining activities.
53% of the Top 100 Cryptocurrencies are Trading Below Their 200-Day Moving Average
Due to massive liquidations experienced nearly two weeks ago, 53% of the top 100 cryptocurrencies have not fully recovered because they are still trading below their 200-day moving average.
Retail Investment Slips as New Bitcoin Addresses Drop
Retail investment in the Bitcoin (BTC) market seems to have dried up based on the drop in new addresses.
Ethereum Whales Continue Ramping up, Despite Price Slip Below $4,000
Active whales in Ethereum (ETH) have taken advantage of the retracement happening in the market by accumulating more coins.
Russian Central Bank Bars Mutual Funds from Investing in Cryptocurrencies
Under the new ban, Russia’s mutual fund companies must not invest in crypto assets.