Analysts at JPMorgan have predicted that it is likely to overtake Bitcoin in market dominance by early 2024. This prediction is largely based on the expected implementation of the EIP-4844 upgrade, expected in the first half year 2024. The upgrade aims to improve Ethereum’s network efficiency by improving sharding, a process of splitting the database […]
© Investing.com NEW YORK – The cryptocurrency market experienced a surge as Bitcoin, and Near Protocol posted significant gains today. The value of Bitcoin increased 4.42% in the past 24 hours, while investors showed a clear preference for altcoins such as Solana and Near Protocol, which increased 12.4% and 15.8% respectively. The positive trend in […]
© Reuters. In a landmark case, Binance, one of the world’s largest cryptocurrency exchanges, and former CEO Changpeng Zhao have settled charges with the Commodity Futures Trading Commission (CFTC). for a total of $2.7 billion. The federal court approved the settlement due to Binance’s violations of the Commodity Exchange Act, including operating as an unregistered […]
© Reuters WASHINGTON – In a landmark decision today, the U.S. Court of Appeals upheld the seizure of caches directly tied to the infamous Silk Road online marketplace. The Ninth Circuit Court of Appeals ruled that a significant cache of cryptocurrency, including 69,000 bitcoins linked to drug transactions, money laundering and murder-for-hire on the Silk […]
© Reuters. BOGOTÁ – In an important move towards sustainable cryptocurrency practices, Colombian President Gustavo Petro has engaged in talks with JAN3 CEO Samson Mow to discuss the adoption of Bitcoin mining Environmentally friendly by using gas from oil production. The meeting in Bogotá, which took place on Wednesday, is part of Colombia’s broader strategy […]
© Reuters. BENGALURU – The Karnataka Special Investigation Team (SIT) is intensifying its investigation into the alleged use of cryptocurrency for bribery by hacker Srikrishna Ramesh, also known as Sriki, while he was in police custody. The investigation has uncovered links implicating members of the Bharatiya Janata Party (BJP) and law enforcement officers in corrupt […]
EOS trades in the red, down 12% Investing.com – EOS was trading at $0.7494 at 09:13 (02:13 GMT) according to the Investing.com Index on Monday, down 12.29% on the day. This is the strongest decrease in a day since June 10. This bearish move pulled EOS’s capitalization down to $910.8241M, equivalent to 0.06% of the […]
© Reuters According to Khac Hieu Investing.com – Analysts are now predicting prices will continue to skyrocket in 2024 and could reach a new all-time high price of $100,000 per coin. This large-cap cryptocurrency has increased more than 150% in value this year and was trading at over $44,200 on December 9. CEO Pascal Gauthier […]
© Reuters According to Khac Hieu Investing.com – Today’s price, December 12, recorded at 10:30 a.m., dropped sharply to 41,781.92, down 1.37% compared to yesterday. Among the top 10 high-value coins on the market, 8/10 coins have decreased in price compared to the past 24 hours. The second largest currency, slightly down 0.91% on the […]
© Reuters. After a challenging 2022, bitcoin has made a remarkable comeback in 2023, with its value up 164% since the beginning of the year, surpassing the $40,000 mark. This performance has outperformed traditional assets, with gold up 10% and indexes up 20% over the same period. The leading cryptocurrency has also increased its dominance […]