[ad_2][ad_1] After going into effect last week, the deposit agreement for the Ethereum 2.0 update now holds over 50k ETH, 10% of the threshold needed to activate the watershed update. This depository agreement is the cornerstone of the Ethereum 2.0 upgrade and serves as a bridge for the migration of …
Read More »Vitalik Buterin of Ethereum explains why Proof of Stake surpasses Proof of Work
[ad_2][ad_1] Vitalik Buterin, the creator of Ethereum, has released a post explaining the benefits of PoS. Buterin states that there are three main reasons why PoS is superior to PoW. Satoshi Nakamoto, alias of the creator or creators of Bitcoin, used a Proof of Work (PoW) consensus mechanism to build …
Read More »Bitcoin surpasses PayPal’s market capitalization, relies on VISA, Mastercard and large banks
[ad_2][ad_1] Since news broke that PayPal would support Bitcoin and other cryptocurrencies in the future, the price per BTC and the asset’s overall market cap have increased. And while PayPal’s support for emerging financial technology is what kicked off the recent bullish momentum, the momentum has taken the cryptocurrency’s maximum …
Read More »Bitcoin surpasses $ 14,000, Ethereum surpasses $ 400 as the launch of ETH 2.0 approaches
[ad_2][ad_1] Welcome to the US elections, day one. The situation is rather fluid, but as of this writing, Democrat Joe Biden is leading both in the popular vote and in the confirmed electoral votes. However, a total of six states with a combined total of 83 electoral votes have yet …
Read More »Monero surpasses Litecoin, Bitcoin Cash as a Crypto payment
[ad_2][ad_1] Key points Monero miners earn more commissions than their Litecoin and Bitcoin Cash counterparts. Privacy ranks high among developers and users for payment-centric cryptocurrencies. Share this article Privacy-focused cryptocurrency, Monero, is now overtaking major altcoins as the industry turns a new eye on personal privacy. Monero enters mainstream crypto …
Read More »The cryptocurrency surpasses $ 18,000 after PayPal’s announcement
[ad_2][ad_1] Bitcoin is booming again. Overnight, the now infamous cryptocurrency hit a high of A $ 18,267 for one Bitcoin, following the announcement that the PayPal money transfer service would allow its users to trade using virtual currency. Using the currency just like any other forex, PayPal’s 26 million merchants …
Read More »Tether again surpasses XRP by market capitalization
[ad_2][ad_1] Tether (UDST), the largest stablecoin in the world by market capitalization, has again outperformed the major XRP altcoins. On September 1, Tether overtook XRP as the third largest cryptocurrency by market cap, becoming the second largest altcoin after Ether (ETH). As of press time, the USDT’s market cap totals …
Read More »Market Wrap: Stuck at $ 11.5K, Bitcoin surpasses 25K stuck in DeFi
[ad_2][ad_1] The bitcoin spot market was pretty boring on Thursday. That doesn’t mean it’s not moving – holders of the cryptocurrency are investing more and more in decentralized finance. Bitcoin (BTC) traded around $ 11,543 at 20:00 UTC (16:00 ET). Slipping by 0.50% compared to the previous 24 hours. Bitcoin …
Read More »The XRP surpasses Ethereum despite the looming updating of Constantinople
[ad_2][ad_1] The XRP has recovered the position of the second largest cryptocurrency by market capitalization from ETH just a few days before the update of the fixed fork of "Constantinople" by Ethereum. Pre-Fork Drop On January 16th, Ethereum is expected to undergo a system update on the entire network called …
Read More »Despite both coins suffering from losses, Ripple (XRP) surpasses Ethereum (ETH) to capture the second spot
[ad_2][ad_1] In a bearish downturn in the market, XRP has surpassed ETH to take second place in the cryptography industry. XRP drags the only bitcoin in terms of overall market capitalization among cryptocurrencies. In recent years, ETH has had a comfortable place as the world's second largest cryptovalute by market …
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