Over the years, there have been various sentiments regarding the “death of bitcoin,” but the digital asset continues to prove doubters wrong. This time around, bitcoin has seen a significant rebound in its hash rate that suggests more miners are coming back online. This increase in hash rate carries implications for the miners but shows more interest in the network, causing on-chain metrics to light up green.
Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, has said that investors “need to get into crypto” ahead of the “biggest economic crash in world history.” “Rich Dad Poor Dad“, which is one of the top 10 personal finance...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum Classic [ETC] has posted sizeable gains in the past two weeks as the bulls refused to let the price slide beneath the $30 mark. They were able to drive a rally as high as $42 before facing rejection. News of the Merge could also have had an effect as miners shifted to the ETC which resulted in a rise in...
The cryptocurrency market struggles to recover from the recent dump due to the CPI data release. In this context, the trader community hopes for a quick turnaround after The Ethereum Merge. However, there could be a brief dip in Ethereum (ETH) price post The Merge although a bullish momentum prevails going forward. This makes it all important for all other cryptocurrencies which could be affected by the network upgrade. More importantly, the Merge is a major historic event in...
On Tuesday (September 13), Solana Labs Co-Founder Raj Gokal gave an interview, during which he talked about both Solana ($SOL) and its biggest rival Ethereum ($ETH). Gokal, who is the COO of Solana Labs, made his comments during an interview on CoinDesk TV’s flagship show “First Move”. Gokal was...
In the face of the overall negative attitude toward digital assets on the part of financial regulators, P2P marketplaces became the platforms of choice across the entirety of Africa. As the world leader in P2P cryptocurrency exchange, Kenya has drawn a lot of attention from many P2P exchange service providers. Bitpapa is one of them, and it has recently entered the Kenyan crypto market. Case for P2P Exchange in Kenya In countries where access to traditional financial services is limited or lacking...
Institutional investor bets on Cardano-based investment products, offering them exposure to $ADA, have quadrupled from last week, at a time in which inflows to short Bitcoin products are rising significantly. According to CoinShares’ Digital Asset Fund Flows report, digital asset investment products saw outflows totaling $63 million over the last...
OKLink, a leading blockchain explorer, shared some news related to the current Ethereum Mainnet with the Beacon Chain PoS system. At press time, the system Merge of the two systems was 99.75% completed. The complete transition is symbolized by the Paris upgrade. Further, the upgrade will be triggered by the Terminal Total Difficulty (TTD) of 58750000000000000000000. In an 8 September report, blockchain analytics platform, IntoTheBlock, suggested that the likely dates for the Ethereum merge are 14 and 15 September. With the...
On Monday (September 12), Canadian Prime Minister Justin Trudeau ridiculed new Conservative Leader Pierre Poilievre enthusiastic support of crypto as a tool for fighting inflation. Trudeau’s comments were made during a speech at the Liberal caucus retreat in St. Andrews, New Brunswick. Trudeau said: “As you all know, the Conservative...
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