Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,929,349,320,077.53
  • 24h Vol: $119,636,413,076.21
  • BTC Dominance: 58.66%

Ethereum

arbitrum’s-daily-transaction-count-surpasses-ethereum-for-the-first-time-ever

Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever

Leave a Comment / Arbitrum, Bitcoin, Blockchain, Chains, cheaper, computational workload, Crypto, Crypto Hacked, Cryptocurrency, daily transfer count, daily transfers, Dune Analytics, Ethereum, faster, growth, increase, L2, L2 scaling, Layer two, lower, main blockchain, network, networks, News, Offchain, Onchain, onchain fees, Optimism, output, Polygon, Privacy, processing, rollup, rollups, Scaling, Security, Smart Contracts, Statistics, Transaction, Verification, Virtual Machine, volume, Zero Knowledge, ZK rollups, ZKsnarks / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to Ethereum’s 1,080,839 transfer count. L2 Scaling Solution Arbitrum’s Daily Transfers Skyrocket Layer two (L2) scaling networks have become popular over the last two years as secondary […]

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bitcoin,-ethereum-technical-analysis:-eth,-btc-rebound-following-fed-minutes

Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound Following Fed Minutes

Leave a Comment / Analysis, Bitcoin, BTC, Crypto Hacked, Cryptocurrency, ETH, Ethereum, Market Updates / / / , , , , ,

Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further signs that inflation is “substantially” slowing. Bitcoin was also higher, as it rose back above $24,000. Bitcoin Bitcoin (BTC) moved back above $24,000 on

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BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning

Leave a Comment / Agustin Carstens, Bank for International Settlements, BIS, Bitcoin, Bloomberg News, central bank digital currencies, Central Banks, Consumers, credibility, crypto assets, crypto economy, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Euro, fiat currencies, Financial Incumbents, fragmentation, future of money, Innovation, institutional arrangements, Investors, legal infrastructure, lender-of-last-resort, Monetary Authority of Singapore, national currencies, News, pound, regulatory protections, safe money, singleness of money, social conventions, Stable Cryptos, stable money, Stablecoins, trusted money, unity of money, yen / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements and social conventions behind them.”

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litecoin-network-adopts-ordinal-inscriptions,-following-bitcoin’s-lead

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead

Leave a Comment / Anthony Guerrera, Bitcoin, Blockchain, blue-chip, Codebase, Collections, Crypto Hacked, Cryptocurrency, differences, Digital Collectibles, Economy, Ethereum, github, infrastructure, litecoin, Marketplaces, Mimblewimble, minting tools, NFTs, Non-fungible tokens, Onchain, Open Source, Ordinal inscriptions, ported, Proof of Work, Segregated Witness, Social Media, Taproot, Technology, trend, Wallets, Whitepaper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible by receiving 22 Litecoin to port the technology to the proof-of-work (PoW) blockchain.

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead Read More »

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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $24,000 Ahead of FOMC Minutes 

Leave a Comment / Analysis, Bitcoin, BTC, Crypto Hacked, Cryptocurrency, ETH, Ethereum, Market Updates / / / , , , , ,

Bitcoin extended recent declines on Feb. 22, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Following a recent move to a multi-month high, prices have slipped, with traders instead protecting profits. Ethereum has also declined, however remains above the $1,600 mark. Bitcoin Bitcoin (BTC) extended recent declines on

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Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Tuesday, Following 8-Month High

Leave a Comment / Analysis, Bitcoin, BTC, Crypto Hacked, Cryptocurrency, ETH, Ethereum, Market Updates / / / , , , , ,

Bitcoin retreated from earlier highs during Tuesday’s session, as sentiment shifted following a move to a multi-month high. Prices surged to their highest point since last August earlier in the day, prior to a red wave sweeping through the market. Ethereum has also dropped, falling below $1,700. Bitcoin Bitcoin (BTC) fell from earlier highs on

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Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

Leave a Comment / Altcoins, Annual Issuance Rate, Beacon Chain, Bitcoin, Blockchain, Burn Rate, Change, circulating supply, crypto assets, Crypto Hacked, Cryptocurrency, Cryptography, Decentralized, deflation, deflationary, EIP-1559, ETH issuance rate, Ethereum, future, inflation, inflation rate, issuance, issuance rate, Locked Ether, London Hard Fork, Market Valuation, merge, metrics, Non-Stakers, PoS, PoW, Proof of Work, Proof-of-Stake, Rewards, Shanghai Update, Smart Contracts, The Merge, Tokens, Ultra Sound Money, ultrasound money / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to

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Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art

Leave a Comment / art market, Based Apes, BAYC, Bitcoin, Bitcoin Toadz, Block Munchers, Blockchain, blue-chip, collectibles, Crypto Hacked, Cryptocurrency, cryptopunks, Digital Art, Digital Assets, Ethereum, Investments, News, NFTs, Non-fungible tokens, Ordinal inscriptions, Ordinal Punks, Ordinal Rocks, Pepe the Frog, Planetary Ordinals, Punks on Bitcoin, Rare, Rare Pepe, Satoshi Punks, Technology, unique, virtual, XC Pinata, Yeti Bit Club / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins, Bitcoin Shrooms, Inscribed Pepe, Planetary Ordinals, Based Apes, Satoshi Punks,

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Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $25,000, Following Moving Average ‘Death’ Cross

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Bitcoin was hovering close to $25,000 on Feb. 20, as cryptocurrency markets traded close to recent highs. Markets started the week partially in the green, ahead of a key week of economic data. The United States FOMC (Federal Open Market Committee) will release its latest minutes on Wednesday, followed by U.S. gross domestic product data

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Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125

Leave a Comment / Artificial Intelligence, Binance Smart Chain, Bitcoin, Blockchain, crypto assets, Crypto Hacked, crypto market, Cryptocurrency, Decentralized, Digital Assets, Digital Currencies, Ethereum, Ethereum Name Service, Fetch.AI, Financial Technology, Gains, Greenback, investment, Lido, Liquid Staking, Losses, Market Capitalization, Markets and Prices, Monero, Okex, Quant Network, Rocket Pool, Singularitynet, Speculation, Tokens, trading, tron, trust wallet, US Dollar, USD, Value / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against the U.S. dollar. The following presents a

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