Understanding the consensus mechanisms powering blockchains is crucial for anyone interested in the field of cryptocurrency and decentralized technologies. Ethereum, one of the most prominent cryptocurrencies, has undergone significant transformations in its consensus mechanisms over the years. This article will explore Ethereum’s journey from Proof of Work (PoW) to Proof of Stake (PoS), shedding light […]
Bitstamp Initiates Mt. Gox Creditor Repayments The announcement of creditor repayments has been made by Bitstamp, following the completion of the necessary security controls. Bitstamp has started repaying Mt. Gox creditors Recipients are expected to regain control of their assets within a week Approximately $9.4 billion worth of Bitcoin is owed to around 127,000 Mt. […]
Nigerian crypto star out on bail following police detention Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector. News Nigerian cryptocurrency celebrity Linus Williams, popularly known as Blord, has been granted bail following three days in police custody. The […]
In the world of investing, understanding the critical metrics used to evaluate stocks is essential for making informed decisions. Among these metrics, market capitalization (market cap) and trading volume often come into play. While both terms are fundamental to stock market analysis, they serve different purposes and provide unique insights into a company’s financial health […]
Crypto Firms’ Vulnerability to CrowdStrike Blackout: Analyst Insights Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are. Blockchain researcher and ex-CEO of Naijacrypto Chiagozie Iwu offered insights into how the disruption could have affected crypto companies. Centralized crypto platforms could be vulnerable to […]
In the ever-evolving world of cryptocurrency trading, understanding chart patterns can be a valuable skill. Chart patterns provide traders with insights into potential future price movements, offering them an edge in making informed decisions. Let’s explore some of the most common cryptocurrency chart patterns, focusing on their characteristics, formations, and what they typically indicate about […]
’10:1′ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital BlockTower Capital CIO Ari Paul is prepared to “lay 10:1” against the possibility of the US creating a Bitcoin strategic reserve in the next four years. The idea of the United States government holding a Bitcoin strategic reserve may be “bullish” for its price, […]
The world of cryptocurrency is fast-paced and seemingly unpredictable. For investors and traders, understanding market trends can be the difference between profit and loss. This guide breaks down key cryptocurrency chart indicators to help you make informed decisions. What Are Cryptocurrency Chart Indicators? Cryptocurrency chart indicators are tools used by traders and analysts to gain […]
Decentralization is often touted as one of the most vital features of cryptocurrency. But what does it really mean, and why is it so important? This article will delve into the fundamental aspects of decentralization in cryptocurrency, explaining its significance and the benefits it brings to the financial world. What is Decentralization? Decentralization refers to […]
Grayscale announces plans for Bitcoin ETF spinoff Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC. On July 19, crypto asset manager Grayscale announced plans to spin off a portion of its flagship Bitcoin fund, Grayscale Bitcoin Trust (GBTC), into a new exchange-traded fund […]
