For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic. The second-biggest cryptocurrency is taking market share from bitcoin ahead of an all-important “Merge” software upgrade that could sharply reduce the energy usage of its Ethereum blockchain, should the developers pull it off in coming…
The Cryptocurrency market is up by $1.13 trillion today and witnessed a 1.1 per cent change in the last 24 hours. The total crypto market volume is $79.36 billion in the previous 24 hours. The bitcoin price is Rs 1,764,051, while Ethereum is Rs 139,242. So, here we have listed the prices of renowned cryptocurrencies…
Cypto investors saw a renewed interest in the crypto markets in the last seven days with ‘Merge’ approaching. The crypto market cap breached the $1 trillion mark after two weeks, Bitcoin rose 3 per cent and Ethereum rose over 6 per cent. However, experts believe that the investors must continue the wait-and-watch approach. “It is…
The cryptocurrency market appears by some measures to be poised to break out of the narrowest trading range in almost two years. Based on one gauge, the leverage ratios for the two largest tokens by market value — Bitcoin and Ether — are at the highest on record even with prices of both down more…
Despite laying off 1100 employees, leading cryptocurrency exchange Coinbase, its full-time employee count stood at 4,977 at the end of the June quarter (Q2) — a 33 per cent rise from the 3,730 workers it had at the end of Q4 2021, a report showed on Monday. According to data provided by niche news publisher…
Saudi Arabia’s banking regulator recently appointed Mohsen AlZahrani to lead its virtual assets and central bank digital currency program in a sign of the Gulf state’s potential crypto ambitions. Saudi Arabia has until now taken a more cautious approach on virtual assets, with officials raising concerns about their speculative nature. Yet the emergence of the…
The crypto market has been highly volatile since the Jackson Hole speech by US Federal Reserve chair Jerome Powell on August 26. The total market cap on cryptocurrencies fell below $1 trillion for the first time in over a month. “The Fed chairman’s comment on tightening the economy further led to fall in crypto markets,…
The student loan forgiveness in 2022 is a great opportunity for those who have been struggling to repay their student loans. This program will provide relief to borrowers by forgiving their remaining student loan balance. However, there are certain requirements that borrowers must meet in order to qualify for this program. In this article, we…
Bitcoin quivered but didn’t fold after Jerome Powell signaled higher-for-longer interest rates to fight inflation, a pattern that for brave prognosticators could be a hint of a floor for the digital token. The largest cryptocurrency is down about 6% since Powell’s hawkish Aug. 26 Jackson Hole speech underlined that the Federal Reserve wants to subdue…
The crypto market faced heavy losses on Saturday and Sunday after Jerome Powell, chair of the Federal Reserve (Fed), signalled that they may continue to raise interest rates sharply in the coming months. Crypto market cap fell below the $1 trillion mark after staying above the mark for over a month. “While higher interest rates,…
