On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the significance of the Ethereum Merge and why it could be the biggest shift in crypto's history.
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Dips be damned, El Salvador is stronger because of Bitcoin
Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities and solving problems the country has historically faced.
Bitcoin price falls under $21K as traders send 84K BTC to exchanges
Bitcoin (BTC) fell further after the Sept. 13 Wall Street open as the dust settled on unexpectedly high United States inflation.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price eyes 9% daily losses
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up $21,000, down up to 8.45% on the day.
Bearish tendencies set in after the U.S. Consumer Price Index (CPI) print for August arrived 0.2% higher than expected.
This, in turn, boosted the likelihood of a 75 or 100-basis-point key rate hike next week by the Federal Reserve — something that would pressure already creaking risk-asset markets.
Fed target rate probabilities chart as of Sep. 13, 2022. Source: CME GroupBitcoin proved especially sensitive to the event, with downside nonetheless contained by anticipated support at $20,800.
Bitcoin price falls under $21K as traders send 84K BTC to exchanges
Volatility claims many a late long position with BTC price action failing to preserve support from recent days.
Canadian PM Justin Trudeau says investing in crypto is not an escape from inflation
Canada's inflation rose to 40-year highs this year while Bitcoin's price plummeted in the same period.
3 reasons SOL price is up 30% in two weeks — Will Solana's uptrend continue?
Solana (SOL) ticked higher on Sep. 13, mirroring similar upside moves in the broader cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH).
On the daily chart, SOL's price gained over 4% to $39, its best level in 3 weeks. The token's intraday gains came as an extension of a prevailing uptrend that has seen its price gaining 30% in just 2 weeks.
SOL/USD daily price chart. Source: TradingViewIn comparison to Solana, Bitcoin and Ether underperformed, securing 16% and 22% gains in the same period. Let's look at the mix of fundamental and technicals that may have prompted SOL to rally higher.
Helium's merge with Solana
On Aug. 30, core developers behind the Helium Network, which offers decentralized wireless 5G network coverage by enabling users to become hotspots, announced a governance proposal to migrate to the Solana blockchain from its native chain.
The Helium developers cited their "need to improve operational efficiency and scalability" while seeing Solana as an ideal fit.
3 reasons SOL price is up 30% in two weeks — Will Solana's uptrend continue?
Solana (SOL) ticked higher on Sep. 13, mirroring similar upside moves in the broader cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH).
On the daily chart, SOL's price gained over 4% to $39, its best level in 3 weeks. The token's intraday gains came as an extension of a prevailing uptrend that has seen its price gaining 30% in just 2 weeks.
SOL/USD daily price chart. Source: TradingViewIn comparison to Solana, Bitcoin and Ether underperformed, securing 16% and 22% gains in the same period. Let's look at the mix of fundamental and technicals that may have prompted SOL to rally higher.
Helium's merge with Solana
On Aug. 30, core developers behind the Helium Network, which offers decentralized wireless 5G network coverage by enabling users to become hotspots, announced a governance proposal to migrate to the Solana blockchain from its native chain.
The Helium developers cited their "need to improve operational efficiency and scalability" while seeing Solana as an ideal fit.
Crypto’s correlation with mainstream finance could bring more bleeding soon
Since the start of the year, the crypto market’s performance has been considerably poorer than the S&P 500 and other popular indexes.
Dips be damned, El Salvador is stronger because of Bitcoin
Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities, and solving problems the country has historically faced.
BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages
BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court.
Ethereum is eating the world — ‘You only need one internet’
“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”
Ethereum is eating the world — ‘You only need one internet’
“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”
Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.
Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.
In theory, it would allow the entire world’s financial system to run on Ethereum.
“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”
“With recursive rollups and proofs, we theoretically can infinitely scale.”
Ethereum is eating the world — ‘You only need one internet’
“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”
Ethereum is eating the world — ‘You only need one internet’
“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”
Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.
Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.
In theory, it would allow the entire world’s financial system to run on Ethereum.
“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”
“With recursive rollups and proofs, we theoretically can infinitely scale.”
Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.
Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.
In theory, it would allow the entire world’s financial system to run on Ethereum.
“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”
“With recursive rollups and proofs, we theoretically can infinitely scale.”
Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.
Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.
In theory, it would allow the entire world’s financial system to run on Ethereum.
“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”
With recursive rollups and proofs, we theoretically can infinitely scale.
Collapse of Terra blockchain ecosystem forces talent migration
Projects migrating from Terra to other ecosystems have made an example of how to adapt and regenerate after a catastrophic blockchain collapse.