Tag: ether

Ethereum’s eco-friendly revamp ‘Merge’ could go live in August, unless the ‘difficulty bomb’ explodes

Ethereum, the popular and massive commercial blockchain, is currently undergoing a software improvement, after which its functioning will be more energy efficient and environmentally friendly. Preston van Loon, a developer working on Ether 2.0, has said that if everything goes according to their current plans, ‘Merge’ will be ready for launch by August this year. […]

Bitcoin Drops in $29,000 Zone While Ether, Altcoins Fall Again on More Risk Aversion

Despite unfavorable macroeconomic conditions and declining investor interest in riskier assets, bitcoin has managed to consolidate around the $30,000 mark (about Rs 23.5 lakh) over the past few weeks. However, the price of the largest cryptocurrency by market capitalization has now fallen below the psychologically important $30,000 (about Rs 23.5 lakh) mark across global exchanges, […]

BTC, ETH suffer minor losses, most cryptocurrencies struggling to recover from recent drop

Recent days have been particularly difficult for the crypto sector, as most cryptocurrencies have lost steam following the collapse of Terra. According to Indian exchange CoinSwitch Kuber, bitcoin opened with a drop of 1.21 percent on Wednesday, May 18. The trading value of BTC in India is currently close to $31,359 (approximately Rs 24 lakh). […]

Bitcoin, Ether see red again as market pressure worries investors

The largest cryptocurrency by market cap and other major cryptos were again in the red on Monday, a day after bitcoin’s one-week loss – although not by much, again reflecting movement in global stock markets. The largest cryptocurrency by market capitalization continues to hover around the psychologically important $30,000 (approximately Rs 23.5 lakh) mark on […]

Bitcoin moves bullish market with double-digit gains for Ether and most altcoins

The value of bitcoin briefly fell below the $27,000 (roughly Rs.21 lakh) mark on Thursday, the cryptocurrency’s lowest price since 2020, having been quite a positive day for the broader crypto market. Despite the Terra Luna accident. The largest cryptocurrency by market capitalization is currently hovering around the $30,400 (approximately Rs 23.5 lakh) mark on […]

Crypto Trading Reaches Brazil’s NuBank Digital Bank, Allocating 1 Percent of Bank’s Cash Holdings to BTC

NuBank, Brazil’s largest digital bank by market cap, has testified to its trust in the cryptocurrency space. NuBank has started offering to buy or sell bitcoin and ether on its platform. To strengthen its position in the crypto community, Nu Holdings has decided to allocate approximately one percent of the company’s cash holdings to BTC. […]

ETH, BTC Whales Trigger Mass Transfer Period Despite Market Bearish, Data Shows

The overall crypto market is currently battling losses, despite Ethereum whales triggering a major transfer period for the ether cryptocurrency. On Wednesday, May 11, Ethereum whales completed 2,956 transactions, a five-month high. The value of each of these transactions is more than $1 million (approximately Rs 7 crore). The data was collected by Sentiment, a […]

Bitcoin, Ether Trade Low as Crypto Market Struggles to Recover From Recent Downfall

After the ongoing slow-down economic environment pulled the markets down earlier this week, the cryptocurrency is struggling to move up the price charts. According to Indian exchange Coinswitch Kuber, on Thursday, May 12, BTC price stood at $31,119 (approximately Rs.24 lakh) after a significant loss of 6 percent. The world’s oldest cryptocurrency suffered an even […]