Bitcoin (BTC) has been made legal tender in El Salvador, the first country in the world to do so, where confidence in Bitcoin is growing as Bitcoin-enabled positive changes continue to transform the economy. Now it’s time for El Salvador to embrace Bitcoin maximalism as a guiding principle and reject all so-called “crypto” and “altcoin” projects. As Bitcoin continues to…
We’re excited to announce that Kraken now supports CFG! Funding and Trading You can add CFG to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin April 29 at approximately 18H30 UTC. Here’s what you need to know: Ticker CFG Tradeable against EUR, USD Price precision 4 decimal places Minimum deposit 0.18 CFG…
By Yuga Cohler, Staff Software Engineer at Coinbase The Merge is coming. The long-awaited transition of the Ethereum network’s consensus mechanism from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is expected to arrive sometime this year. After the Merge, the already-running Beacon Chain will begin validating Ethereum mainnet’s blockchain through a system based on rewards and penalties (i.e. “stake”) rather than the…
According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their own bitcoins to verify transactions.” WEF on Bitcoin’s Proof-of-Work: A ‘Basic Change in Coding” Could Eliminate…
Cointelegraph’s Jackson DuMont tackles smart contracts in the latest episode of Cryptopedia. He explains how smart contracts work from the basics and provides examples of how they can be utilized in real-world scenarios. DuMont describes smart contracts as code within the blockchain that “execute when specific conditions are met.” They are self-executing contracts built on blockchain technology and have the…
On Wednesday, the founder of Cardano Charles Hoskinson spoke via satellite phone from the comfort of his private jet to attendees at the Financial Times Crypto and Digital Assets Summit. During his talk, he singled out the U.S. regulatory system as being ill-equipped to handle the revolutionary nature of cryptocurrencies. The myriad agencies that regulate financial markets in the U.S.…
NEXO was up by nearly 50% on Friday, as markets reacted to the news that Binance was listing the token on its platform. Today’s surge sent NEXO to a multi-week high, while TRON also moved higher, hitting a one week peak. NEXO Two weeks after announcing a partnership with Mastercard to launch the world’s first “crypto-backed” payment card, NEXO today…
A quantitative analytics report published by DappRadar has unveiled a number of revelatory behavioral market indicators for the global adoption of digital assets. The blockchain data portrays a positive sentiment for the Web3 and metaverse sectors, especially in the United States, a reactionary rise in crypto interest throughout Ukraine and Russia following the outbreak of the conflict, addition to how…
Crypto prices continued to seesaw on Friday, as both bitcoin and ethereum fell into the red, after a short lived rally on Thursday. Bitcoin was once again below $40,000 during the session, while ethereum extended its recent spell of trading below $3,000. Bitcoin Bitcoin (BTC) once again fell below the $40,000 level on Friday, following a short stint in the…
Bitcoin (BTC) fell into the Wall Street open on April 29 as United States markets opened to volatility, including an 11% drop in Amazon stock. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All change at the Fed Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD dipping to $38,622 on Bitstamp Friday. Despite a let-up in the U.S. dollar’s relentless bull…
