Page 12 - Latest Updates on Bitcoin
Crypto wrap: What to expect from the market after Ethereum's 'Merge'
With Merge, Ethereum has transitioned from a proof-of-work (PoW) mechanism to a proof-of-stake (PoS). It is expected to cut energy consumption for minting the digital tokens by 99.5 per cent
 "Crypto wrap: What to expect from the market after Ethereum's 'Merge'")
'Inflation has peaked' narrative premature, impact to stay: Crypto experts
Bitcoin, the largest cryptocurrency by market cap, has fallen nearly 10 per cent since the Fed announcement of the inflation figures and was trading at $20,367.16 on Wednesday
 "'Inflation has peaked' narrative premature, impact to stay: Crypto experts")
Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crown
The Merge, expected to take place on Thursday, could lead to wider use of the blockchain, potentially boosting ether's price - although nothing is certain in a capricious crypto market
 "Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crown")
Crypto weekly wrap: Despite gains, experts want investors to wait and watch
Ahead of much anticipated "Merge" Ethereum will be on the radar of the investors, however, it may not perform as good as it is expected to, experts said
 "Crypto weekly wrap: Despite gains, experts want investors to wait and watch")
Bitcoin is seen poised to escape from tightest trading range in two years
Bitcoin, which accounts for about 40 per cent of the estimated market value of all cryptocurrencies, traded last week within a range of about 5.4%, the narrowest since October 2020
 "Bitcoin is seen poised to escape from tightest trading range in two years")
Crypto traders in bullish mode despite hawkish Fed comments on inflation
Bitcoin, which accounts for about 40% of the estimated market value of all cryptocurrencies, traded last week within a range of about 5.4%, the narrowest since October 2020
 "Crypto traders in bullish mode despite hawkish Fed comments on inflation")
Crypto weekly wrap: Bitcoin to rise once it reaches $20,400, say experts
For Ethereum, which is scheduled to go for 'The Merge' on September 6, will likely break out of the $2,000 level before the event, experts suggest
 "Crypto weekly wrap: Bitcoin to rise once it reaches $20,400, say experts")
Bitcoin may have hit a floor after Fed chief's speech at Jackson Hole
The largest cryptocurrency is down about 6% since Powell's hawkish Aug. 26 Jackson Hole speech underlined that the Federal Reserve wants to subdue financial markets
 "Bitcoin may have hit a floor after Fed chief's speech at Jackson Hole")
Bitcoin hovers around $20k as Fed chief's hawkish comments weigh on crypto
The largest token fell as much as 2.3% on Monday to $19,527, the fifth day of declines
 "Bitcoin hovers around $20k as Fed chief's hawkish comments weigh on crypto")
Powell's Jackson Hole speech leaves crypto investors in a tough spot
The total crypto market cap fell below $1 trillion after staying above it for over a month. Bitcoin fell below $20,000, and Ethereum slipped below $1,500
 "Powell's Jackson Hole speech leaves crypto investors in a tough spot")
Over half of Bitcoin's daily trading volume fake globally: Report
More than half of all Bitcoin daily trading volumes are reportedly fake, as the world's largest cryptocurrency nosedives again amid global economic turmoil
 "Over half of Bitcoin's daily trading volume fake globally: Report")
Bitcoin plunges below $20,000, may reach $10,000 level this year
After showing some stabilisation in the last few weeks, world's largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell's keynote address
 "Bitcoin plunges below $20,000, may reach $10,000 level this year")
Crypto wrap: Expect high volatility as inflation still a worry, say experts
Volatility in the crypto market comes at a time when the share markets too were showing high volatility, globally
 "Crypto wrap: Expect high volatility as inflation still a worry, say experts")
Explained: Ethereum set for mega 'merger' to become more energy efficient
Ethereum, the network behind the second-largest cryptocurrency by market cap (after Bitcoin), will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain
Bitcoin stuck in narrow range as traders brace for Jackson hole
Cryptocurrencies have been trading in tandem with US equities this year as both have been swayed by the Federal Reserve's interest-rate-hiking path
 "Bitcoin stuck in narrow range as traders brace for Jackson hole")
Bitcoin drops most in two months as global markets turn risk off
Bitcoin, the largest virtual coin by market capitalization, tumbled as much as 9.2% to $21,271, the biggest intraday drop since June 18
NFT transactions to reach 40 mn globally in 5 yrs amid scam threats
The global number of NFTs transactions is likely to rise from 24 million in 2022 to 40 million by 2027, a new report said
 "NFT transactions to reach 40 mn globally in 5 yrs amid scam threats")
Crypto wrap: 'Merge' in focus, inflation figures still key, say experts
Bitcoin, the largest crypto token by market capitalisation, was trading at $21,750 on Friday. On Monday, it had briefly hit the $25,000 mark
 "Crypto wrap: 'Merge' in focus, inflation figures still key, say experts")
Cryptocurrencies' rally cools as Ethereum upgrade optimism loses steam
Matt Maley, chief market strategist at Miller Tabak & Co, said that the pullback was natural, as investors took 'some chips off the table'
Bitcoin tops $25,000 for first time since June amid crypto rally
Crypto struggled through the first half of the year as the Federal Reserve hiked rates to combat stubbornly high inflation, with the prices of Bitcoin, Ether and other tokens falling by more than 50%
 "Bitcoin tops $25,000 for first time since June amid crypto rally")
