Cryptocurrency Analysis and News Portal
Ethereum's proof-of-work (PoW) powered by GPUs generated approximately $19 billion in revenue last year for ETH miners. But these revenue streams are in danger as Ethereum is expected to become a proof-of-stake (PoS) blockchain via "the Merge" upgrade in September.Miners could then revolt against the new upgrade by continuing to mine
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Ethereum continues to trend to the upside and seems poised to break above $1,600, in the short term. This would place the second crypto by market cap on track to push north of $1,700 and reclaims its early 2022 levels. ETH’s price records important gains on the 4-hour chart. Source: ETHUSDT
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A survey conducted by the Federal Reserve Board of the United States suggested that the majority of officials at major banks did not consider crypto-related products and services a priority in the near future.According to the results of a Fed survey released on Friday, more than 56% of senior financial
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Crypto and equities markets are down and aside from the positive news of Celsius repaying all of their debt and avoiding a massive liquidation, there are few on the spot reasons that are prompting investors to buy Bitcoin and altcoins.The collapse of numerous decentralized finance (DeFi) protocols, crypto investment funds and
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While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain new customers. Data platform PYMNTS collaborated with Bitpay to survey merchants, in an attempt to understand the trends on what the participants expect from digital currencies and their
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Fifty-one percent of consumers in Latin America made at least one transaction with cryptocurrencies. Original Source
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A report published by investing firm Alto surveyed adults based in the United States to find out their preferences in investing. The results showed that more millennials from ages 25 to 40 are investing in crypto compared to those of the same age who are investing in mutual funds. The survey
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Dog-themed coin Shiba Inu never fails to make noise. With the gripping crypto market crash happening, majority of American investors have hit the panic button and consider selling their digital assets – at which SHIB happens to top the list. Different states in the US such as New York, Florida,
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High net worth individuals (HNWI) have embraced cryptocurrencies and other digital assets, with 71% of wealthy individuals investing in digital assets according to a new survey.Technology consulting company Capgemini released its 2022 World Wealth Report on June 14. It polled 2,973 global HNWIs, with 54% reporting a wealth band ranging
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Bank Of America conducted research in early June after the LUNA crash to determine the market sentiment towards Crypto. Surprisingly, the result showed that people are still planning to buy HODL and even use Crypto for online transactions. This result is surprising because the crypto community is still reeling from the
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