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Search Results for: Ethereum

Major Cryptocurrencies Rally Post Stock Market Decline

Over 1% was lost by the S&P 500, while 0.5% was lost by the NASDAQ-100. In the last 24 hours, BTC has risen by more than 5%, trading at $20.2K now. Astoundingly, the cryptocurrency market has surged. Bitcoin’s price has risen from the $18,000-$19,000 level to the $20,000 mark. Over

September 27, 2022 1 min read

Mining GPU Prices in China Plummets Post ETH Merge

Prices for Nvidia GeForce GPUs have dropped dramatically. GPU’s price plummeted from 8,000 yuan to 5,000 yuan. Graphics processing units (GPUs), often used for mining cryptocurrencies like Ether (ETH), have seen price drops in China. This is because of the Ethereum networks transition to a proof-of-stake (PoS) consensus method, attracting

September 26, 2022 1 min read

Former Ripple Executive to Head Australian CBDC Trial

A white paper titled “Australian CBDC Pilot for Digital Finance Innovation” was published. On December 31st, at least 12 use cases will be chosen for further investigation. On Monday, the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) unveiled the pilot project’s (eAUD) white paper for

September 26, 2022 2 mins read

Grayscale Bitcoin Trust (GBTC) Hits New All-Time Low

Grayscale’s website states that GBTC has $11.9 billion in assets under management. GBTC has always traded at a significant premium over spot Bitcoin pricing. Shares of the Grayscale Bitcoin Trust (GBTC), the biggest Bitcoin fund in the market, reached a record discount of 35.18% last Friday and showed little sign

September 26, 2022 2 mins read

Function X (FX)  Price Prediction 2022 — Will FX Hit $0.5  Soon?

Bullish FX price prediction is $0.35286 to $2.42507. Function X (FX)  price might also reach $0.5 soon. Bearish FX  price prediction for 2022 is $0.13979. In Function X (FX)  price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about FX to analyze the future movement of

September 26, 2022 9 mins read

How Close Is ETH to Become Deflationary?

A total of 8,094 ETH was added to the supply pool since the merge. The gas fee at present in the Ethereum network is 4.62 Gwei. Ethereum merge didn’t turn out as expected in various aspects. The post-merge scenario was to take the Ethereum (ETH) token closer to the deflationary

September 26, 2022 2 mins read

CertiK Uncovers Suspicious $2.4M Payments Into Tornado Cash

The money movement is linked to the October 2021 BXH Exchange breach. GitHub reinstated the Tornado Cash code in “read-only” mode. On Saturday, crypto security company CertiK said that it had uncovered a suspicious $2.4 million payment into the cryptocurrency mixer Tornado Cash. Information suggests the money movement is connected

September 25, 2022 2 mins read

Whale Alert: 270 Million XRP ($130M) Bought by Whales

The largest ever buy was on the Bitso crypto market for 54.1 million XRP. XRP prices have increased by around 50% during the last week. The native XRP token of Ripple has seen the most growth over the previous seven days. While Bitcoin and Ethereum have both had big price

September 25, 2022 1 min read

Top 10 Cryptocurrency by Trading Volume, Tether Beats Bitcoin?

Tether (USDT) has a trading volume of 34 billion, which increased by 70.62%. Ripple price increased by more than 30% in the last 7 days. After facing a long bear trend, the month of September started with greens on the crypto market. As it, the price and trending volume of

September 25, 2022 2 mins read

Miner Chandler Guo Predicts ETHW To Surge 100x

Guo stated that the forked token present pricing is “very cheap.” The miner said that the new token has the potential to rise by 100x. Self-appointed Ethereum hard fork organizer Chandler Guo predicts that in 10 years, the value of Ether (ETH) and the freshly airdropped, proof-of-work ETHW will be

September 25, 2022 2 mins read