Crypto is Better Than Top Company Stocks Despite Crash
Despite the gloomy nature of the crypto market, analyses show that over the past six years, cryptocurrency has provided investors with a greater return.
Ethereum
Crypto.com Plays Shady Transfer of 350K ETH to CEX
Crypto.com made an unusual transfer of 320,000 Ether to Gate.io. CEO commits to releasing the company’s proof of reserves. Read CNL
Argentine Fintech Bank Uala Launches Crypto Trading to 5M Users
Argentina-based fintech bank Uala launched a unique company called Uanex to manage its new crypto trading offers in the country.
Bitcoin Stirs Above $20k, Could It Flip to Support
Bitcoin and Ethereum, two popular cryptocurrencies, have risen by 4.88% and 11.84%, respectively. The price of BTC is $20,336, ETH has recovered to $1512.6.
Next Ethereum (ETH) Bull Run Will Hit $15,000, See How
The crypto community discusses where the price of ETH will go next following its next bull run. Many say $15,000 will be ETH’s next ATH.
US Treasury Sued For Over-Statute on Tornado Cash Sanctions
Coin Center sued the US Treasury for exceeding its authority under both laws and regulations in regard to Tornado Cash’s sanctions.
The Capitalization of ETH Exceeds That of Bank of China
The market valuation of Ethereum (ETH) has already surpassed that of some of the biggest financial institutions in the world, including the Bank of China.
Data Shows Investors Sell EUR and GBP for Crypto
Crypto analytics firm Messari disclosed data that shows investors from Europe are trading GBP and EUR for Bitcoin and Ethereum.
Bill Hinman’s Calendar Reveal May Spell Trouble for Ethereum
A FOX journalist obtained a copy of former SEC Director Bill Hinman’s calendar. Hinman has met with people from the crypto industry, including those from Ethereum. If worse comes to worst, the SEC may consider Ethereum a security. It would appear that the skeletons in Bill Hinman’s closet during his tenure at the US Securities and Exchange Commission (SEC) are being unearthed in plain sight. Specifically, FOX journalist Eleanor Terrett has gotten a copy of Hinman’s calendar while he was still part of the SEC, and some entries are very interesting. According to Terrett, Hinman met personally with prominent people
CMC: The Market Is Finally Greener
According to Coinmarketcap`s Daily Chronicle, “it’s finally green”. The overall market has seen a Total Market Capitalization of $929.44 Billion. Bitcoin is up by 3.68 percent. The current crypto downturn has seen individual traders, as well as organizations and cryptocurrency pairs, suffer severe losses in their operations. However, according to Coinmarketcap`s Daily Chronicle, “it’s finally green.” The CMC media team believes that even when the changes are minor, it’s still getting green. This comes after the overall market has seen a Total Market Capitalization of $929.44 Billion which is significantly a 0.65 percent increase over the last 24 hours. The
Nasdaq To Offer Crypto Custody for Bitcoin, Ethereum
Nasdaq is planning to launch crypto custody services for BTC and ETH initially. The stock exchange is not planning to launch its own crypto exchange anytime soon. However, Nasdaq expressed its willingness to partner with crypto firms. Nasdaq revealed that it is planning to launch crypto custody services for Bitcoin (BTC) and Ethereum (ETH). In fact, the stock exchange juggernaut has hired one former executive from US-based crypto exchange Gemini in preparation for the said task. According to an article by Bloomberg, Nasdaq has already onboarded Ira Auerbach, who was the Global Head of Gemini Prime. Now, Auerbach is Nasdaq’s
Ethereum Carbon Footprint Reduce 99.99% After Merge
Ethereum now consumes roughly 99.99 percent less energy. ETH’s overall electricity consumption per year is only 2,600 megawatts hours. Compared to Ethereum 1.0, Ethereum 2.0 is projected to use much less energy. According to a press release issued on Thursday, September 15, even more, than expected, Ethereum’s energy usage and carbon footprint have decreased after the Merger upgrade. Following the merge, Ethereum now consumes roughly 99.99 percent less energy. Furthermore, the blockchain’s carbon footprint has dropped by over 99.99 percent. The Ethereum Foundation estimated that, in the past, their merger would cut down the network’s energy consumption by almost 99.95%.
