News
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Musk’s acquisition of Twitter “takes flight” dogcoin, the largest price increase of more than 60% in one day
In the early morning of October 30 Beijing time, cryptocurrency website CryptoCompare showed that Dogecoin price soared to $0.149 per coin, hitting a new price high of nearly 6 months, with a maximum increase of 62% in 24 hours. As of press time, Dogecoin was at $0.1388 per piece, with a total ma...Read more -
Hong Kong Releases Policy Statement on Virtual Asset Development
Source: ODAILY The Government is working with financial regulators to create an enabling environment for the sustainable and responsible development of the virtual asset industry in Hong Kong. This Declaration is issued by the Financial Services and the Treasury Bureau (“FSTB”...Read more -
How is the computing power of each poW public chain one month after the Ether merger?
A month ago, the successful merger of Ether started its brand new era and Ether miners became a historic term, along with the smoke and mirrors of its $5 billion miner market and massive 850TH/S hashrate. The good thing is that the merger is a definite event, so that ethereum miners have enough t...Read more -
WARNING! Low Volatility May Trigger Bitcoin Sell-Off
Bitcoin’s volatility is weaker than the stock market today, which seems like a relatively positive development. However, some cryptocurrency traders warn that this may not be a good thing in a low-volume environment. Noelle Acheson, a contributor from Crypto is Macro Now, says bitcoin’...Read more -
Messari: Bitcoin Q3 Data Explained
Key Takeaways. Bitcoin largely lost its inflation-hedging and store-of-value narrative in the third quarter, following a 72% decline from its all-time high. Bitcoin trading volume and transaction fees declined by 3% and 23%, respectively, as demand for block space declined, and average daily sett...Read more -
Nearly 80% of ethereum miners offline after merger
Over 80% of Ether miners opted to give up after the merger. Due to the post-merger effect, Ether Classic’s arithmetic power dropped by nearly 48%. According to crypto mining pool 2Miners, 8 out of 10 ethereum mining pools went offline after the merger. The site noted that miners shut down t...Read more -
A large amount of mining revenue has been captured by miners, with Ether’s total miner revenue reaching $596 million in July 2022, which is estimated to be about $7 billion annually (up to $18 billion in 2021) based on this figure. According to 2021 data, the cost of electricity accounts fo...Read more -
Ethernet completion upgrade will reduce global electricity consumption by 0.2% Nvidia, AMD performance damage?
At 14:42 Beijing time on September 15, the Ether execution layer (i.e. the previous main network) and the proof-of-stake consensus layer (i.e. the beacon chain) triggered the merging mechanism at block height 15537393 and produced the first PoS block (height 15537394), and the Ether 2.0 upgrade w...Read more -
ETH drops over 10% after completing “merger” upgrade
On September 15, local time, ETH co-founder Vitalik Buterin tweeted, “We’re finally done (with the Ether merger)!” and said it was an important moment for the ETH ecosystem. It is said that the transition from Proof of Work (PoW) to Proof of Stake (PoS) on the ETH mainnet is cal...Read more -
Inventory of NFTs related to the Ether merger
Ether is one week away from a merger that will be the leading smart contract network’s biggest evolution to date. This upgrade has been years in the making, and it will allow Ether to greatly improve efficiency and security. As we have seen, a number of NFT projects are being born to celebr...Read more -
What do ecological users need to pay attention to when the Ether merger is imminent?
The much-anticipated ethereum merger is finally entering its final countdown. Ether founder Vitalik Buterin tweeted that the merger is still expected to happen around September 13 to 15. As we all know, the date and time of the merger will depend on how much computer arithmetic power is used to m...Read more -
As BTC fluctuates in price at $19,000 Bitcoin whales are pulling out
After fluctuating below $20,000 during the long U.S. period, bitcoin fell below $19,000 over Tuesday’s Labor Day weekend as investors stepped up their risk aversion activities. As of noon Wednesday, the world’s largest cryptocurrency by market capitalization was trading at about $18,8...Read more
