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Year: 2021

cryptocurrency June 15, 2021

Key Takeaways Taproot is the Bitcoin network’s first update in four years. It comes after the Segwit update divided the community and led to the separation of Bitcoin and Bitcoin Cash. Taproot combines the public keys of all users in a complex transaction in a new unique key. This increases privacy and reduces necessary block […]

cryptocurrency June 14, 2021

Advertisements Despite recording high weekly outflows, Ether funds have generated $994 million in inflows this year. The total assets held in ETH funds are nearly $11.1 billion. Institutional investment managers continued to sell cryptocurrencies like Bitcoin (BTC) and Ether (ETH) last week, though the magnitude of the outflows have declined substantially from previous weeks, offering […]

cryptocurrency June 13, 2021

Advertisements After an impressive 6 months in the crypto markets, Ethereum could be gearing up for a cooldown Timothy Peterson cautions that Ethereum may be in for a rough few months This is based on historical performances of Ethereum during the summer months Ethereum’s $2k support is the level to watch moving forward If $2k […]

cryptocurrency June 12, 2021

If you weren’t sure the stance for Nvidia CEO Jensen Huang when it comes to Ethereum’s upcoming shift to proof-of-stake, no need to question it further. Huang is clearly optimistic about Ethereum’s future. In an online-only Computex event, he fielded a variety of questions ranging anywhere from his thoughts on the metaverse to global semiconductor […]

cryptocurrency June 11, 2021

Advertisements Ethereum Classic’s Magneto Hard-fork will happen at block 13,189,133 The Ethereum Classic upgrade is estimated to occur on July 21st ETC’s Magneto upgrade will implement ECIP1103 alongside Ethereum’s Berlin upgrade components The Ethereum Classic (ETC) Network will undergo a network upgrade around the 21st of July. The upgrade, dubbed Magneto, will happen at block […]

cryptocurrency June 10, 2021

Advertisements The Ethereum 2.0 deposit contract has gained over 1M ETH since late April ETH2.0 deposit contract now holds 5.429 million Ethereum worth $13.697 Billion The Ethereum London hard fork is still on track for a July launch and one reason ETH investors keep staking their coins The London hard fork will introduce 5 Ethereum […]

cryptocurrency June 10, 2021

Key Takeaways Ledger has raised $380 million in the latest series C funding round, putting the company’s valuation at $1.5 billion. The funds will be used to expand its decentralized finance solutions, hardware products, and build an operating system. The raise comes after last year’s massive data breach affecting thousands of Ledger users. Share this […]