Prices Of Bitcoin, Ethereum Increase After US October Jobs Data
After the US unemployment rate increased to 3.7%, cryptocurrency prices, including Bitcoin (BTC) and Ethereum (ETH), started to rise again. When the U.S. Bureau of Labor Statistics released its non-farm payroll data for October, the price of bitcoin increased by more than 4%. In contrast to the forecasted 3.6% increase in unemployment in October, the […]
Vitalik Buterin comments on cryptocurrency regulation
Vitalik Buterin, the founder and chief developer of Ethereum, has expressed his worries about the current state of the cryptocurrency sector and how, in his view, it should not be pursuing preferred positions with institutional capital as it is now doing. Buterin contends that the ways in which cryptocurrency businesses and projects seek regulatory compliance […]
Top 10 metaverse coins to buy in 2022
Metaverses are interconnected digital worlds that use blockchain technology to provide a new way to interact with people and content. This article talks about the top 10 metaverse coins to buy in 2022 Although there are currently a large number of metaverse coins in circulation in the year 2022, interest in the Metaverse – which […]
Merge Reduces Ethereum’s Network Power Consumption
Ethereum used between 46.31 terawatt hours (TWh) and 93.98 TWh of energy annually until the Merge upgrade in 2022. The Merge reduces the power used by the Ethereum network by over 99.9%.The Merge immediately reduced the network’s energy consumption by 99.9% and is regarded as one of the biggest blockchain updates on Ethereum to date. […]
October Marks The Lowest Daily Trading Volume
October has the lowest daily trading volume. The market appears to be recovering, despite the poor daily trade numbers. This month still sets a record low for an average daily aggregate product volume across all digital asset investment products, despite the crypto market showing signs of a gradual recovery with Bitcoin (BTC$20,149) holding above the […]