The US Securities and Exchange Commission has postponed its decision on multiple Ethereum exchange-traded funds (ETFs) until May 2024. Continue Reading

Ethereum 2.0, the second largest cryptocurrency by market capitalisation, has successfully finally moved to its proof-of-stake consensus mechanism.   In doing so it will reduce its energy consumption by a whopping 99.5% compared to its previous proof-of-work system.    Per TheVerge, the enormous pollution reduction comes from a change in how Ethereum users earn new...Continue Reading

VITALIK STRIVING FOR MOST SECURE CHAIN This week, Vitalik Buterin,Ethereum co-founder, made a bold statement at Devcon 5 that after Ethereum transitions to Proof of Stake (PoS) “…the cost of a potential attack would make Ethereum the safer network of the two”, with bitcoin being the other. The switch from the Ethereum proof of work...Continue Reading

BitMEX AND DR DOOM Earlier this week, US economist Nouriel Roubini aka Dr Doom (who was once described as a ‘Bitcoin sadist’), criticised Seychelles-based BitMEX for violating strict US regulations which prevent American citizens from trading on their platform. Roubini went so far as to accuse the platform of aiding in money laundering and referred...Continue Reading

Ethereum Classic (ETC), one of MiningStores recommended coins to mine, has had some very impressive price gains in the past week. As a result, our GPU mining community are licking their lips at the new daily profits this coin is providing.  What is causing ETC to rise?  This week, two major trading platforms Coinbase and...Continue Reading

“The valuation of the crypto market increased by around $11 billion over the past 24 hours, triggered by the short-term momentum of bitcoin, Ethereum, and Bitcoin Cash.” Continue reading: https://www.ccn.com/ethereum-rises-5-as-crypto-market-as-crypto-market-gains-11-billion-despite-low-volumes/Continue Reading