September 8, 2022

What the Ethereum Merge means for the blockchain’s layer-2 solutions

Experts share their views on how the Merge would impact Ethereum’s scalability solutions in the form of layer-2 chains. ANALYSIS   Ethereum is just over a week away from officially moving to a proof-of-stake (PoS) blockchain with the Merge slated for completion around Sept. 13–15. With the transition, Ethereum would abandon its current proof-of-work (PoW) chain, eliminating …

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Coinbase backs lawsuit aimed at Treasury’s Tornado Cash sanctions

Felix Lipov / Shutterstock.com QUICK TAKE Coinbase backs the first legal challenge to the U.S. Treasury’s sanctions on Tornado Cash. The plaintiffs are several employees and associates, who — the firm hopes — will demonstrate that the decentralized mixing service is more than just a money laundering tool for North Korean hackers. Several employees of …

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Will Ethereum keep rallying versus Bitcoin? ETH price technicals hint at 60% gains ahead

Ether could enter the pattern’s breakout stage in the days leading up to the highly-anticipated Merge. MARKET ANALYSIS   Ethereum’s native token Ether (ETH) shows the potential to log major gains versus Bitcoin (BTC) with the ETH/BTC pair nearing yearly highs. Ether paints classic bullish reversal pattern The bullish cues come from a classic technical …

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Bitcoin Gives Hope Ahead of Powell’s Speech; What It Needs to Keep Uptrend

Cover image via www.youtube.com Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money …

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Bitcoin holds steady as European Central Bank implements 75 bps rate hike

Bitcoin saw a slight sell-off on news the European Central Bank had hiked rates by 75 basis points, suggesting the actions were already priced in by the market. Crypto market leader Bitcoin continued trading flat after the European Central Bank (ECB) announced a 75 basis point hike on Thursday. Source: BTCUSDT on TradingView.com At the end of August, …

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$LUNC: KuCoin Supports ‘1.2% Tax Burn Proposal of the Terra Classic (LUNC) Community’

On Wednesday (September 7), crypto exchange KuCoin announced support for the 1.2% tax burn proposal of the Terra Clasic ($LUNC) community if “the proposal is officially approved and implemented” on the Terra Classic mainnet. What Is Terra Classic ($LUNC)? As Binance Research in an article published on 31 May 2022, Terra Classic, which was rebranded from Terra, …

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What is Blocklords? And how to earn money playing it

Blocklords is set to transform Web3 gaming with its player-driven economy. Find out how to play Blocklords and earn while playing here. HOW TO CRYPTO   Highly anticipated medieval strategy massively multiplayer online (MMO) game Blocklords is out, unraveling iconic characters, pitched battles and engrossing drama. A genre-defining grand strategy game of MetaKing Studio, Blocklords introduces players …

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Top Crypto Trader Says Altcoin That’s Exploded 250% in Two Weeks Will Continue Parabolic Run – Here’s His Target

Top Crypto Trader Says Altcoin That’s Exploded 250% in Two Weeks Will Continue Parabolic Run – Here’s His Target

A widely-followed crypto trader is expressing bullish sentiment on one altcoin that has surged by triple digits in a fortnight. Pseudonymous crypto analyst Altcoin Sherpa tells his 182,700 Twitter followers that based on the Fibonacci indicator, Luna Classic (LUNC) will continue rallying on the condition that Bitcoin (BTC) and Ethereum (ETH) “hold up.” LUNC is the predecessor …

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UK’s ETC Group To Offer Ethereum PoW Fork ETP After The Merge

The U.K.’s ETC Group will offer an ETP based on the Ethereum Pow hard fork after The Merge. All holders of the current Ethereum ETP will receive units of the new one on a 1:1 basis. Some exchanges have also said that it would support the asset of the forked chain. Ethereum Proof-of-Work hard fork, …

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Should You Stake Your Crypto? Here’s What the Data Says

While many investors think of cryptocurrency staking as a method for generating passive income, they often forget to account for inflation. Looking at the inflation and staking rewards data for the biggest Proof-of-Stake-based blockchains, most have generated negative real yields for investors over the past year. Shutterstock cover by Olena.07 (edited by Mariia Kozyr) Key …

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