Category: Latest news

[ad_1] The US Securities and Exchange Commission (SEC) guidance on crypto custody might impede banks from the industry because of the cost of implementation, Reuters reported on Sept. 16. According to the report, the SEC accounting guidelines stated that public companies holding crypto assets on behalf of their clients must account for such assets as…

[ad_1] A moving average (MA) is a stock indicator commonly used in technical analysis. As its name suggests, the indicator smooths out price data by creating a constantly updated average price over a specific time period. In technical analysis, moving averages help identify trend directions by analyzing previous price actions. Moving averages are extensively used…

[ad_1] With the Merge, complete attention turns to Cardano and its up-and-coming Vasil hard fork. Vasil was initially scheduled for release on Jun. 29, but a heightened approach triggered by the Terra implosion and the discovery of bugs led to delays. At the start of September, Input Output (IO) confirmed a rollout date of Sept.…

[ad_1] Alternative asset management firm Valkyrie raised $73.6 million in capital to fund two of its crypto-focused trusts, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The new capital adds to Valkyrie’s $1.2 billion assets under management (AUM) at the end of the second quarter. Tron Trust and Avalanche Trust …

[ad_1] The total cryptocurrency market cap saw net outflows totaling $21.76 billion from the previous day. As of press time, it stood at $962.51 billion, down 2% over the last 24 hours. Bitcoin’s market cap fell 1% over the reporting period to $378.69 billion from $385.41 billion. Meanwhile, Ethereum’s market cap fell by 9%, dropping…

[ad_1] Ethereum (ETH) has migrated to a proof-of-stake network after the blockchain reached a terminal total difficulty of 58,750,000,000T at 06:43 UTC. Ethereum co-founder Vitalik Buterin tweeted that the Merge was a “big moment for the Ethereum ecosystem,” praising everyone who helped make it happen. And we finalized! Happy merge all. This is a big…

[ad_1] Ethereum‘s dominance over Bitcoin has been increasing since July 2021, and the Merge occurred at peak dominance over the flagship crypto. The chart below compares Bitcoin and Ethereum’s market caps against one another to determine which is dominant, starting from 2016. The black areas indicate the BTC/ETH dominance. When it exceeds the pink line,…

[ad_1] The Poloniex exchange has named EthereumFair (ETF) as the ETH Proof-of-Work (PoW) forked chain as the principal one it will support, according to a Sept. 15 statement. Previously, Poloniex voiced support for ETHW but said it changed its mind as ETF is “supported by the community’s majority.” Poloniex added that it will continue to…

[ad_1] The total cryptocurrency market cap saw net outflows totaling $7.52 billion from the previous day. As of press time, it stood at $985.35 billion, down 1% over the last 24 hours. Bitcoin’s market cap fell 1% over the reporting period to $385.41 billion from $390.05 billion. Meanwhile, Ethereum’s market cap fell slightly by 0.3%,…

[ad_1] Ethereum Classic is getting a fair share of the miners who can no longer mine Ethereum after its consensus mechanism was changed to proof-of-stake following completion of the Merge. The surge of PoW miners into Ethereum Classic post-Merge has increased its hashrate by over 250% in the last 24 hours, according to 2Miners data.…