Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January
Ethereum’s relative strength to Bitcoin could climb in January, which an analyst says might trigger an Ethereum “altcoin run.”
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New Energy Efficient Samsung Chips Could Benefit Crypto Miners
Samsung’s production wing, Samsung Foundry, has launched a new production process of its 7-nanometer (nm) Low Power Plus (7LPP) process node, which could reduce its energy consumption by up to 50 percent, according to an official press release Oct. 18.The new process, based on extreme ultraviolet (EUV) lithography technology, makes the new 7LPP chips more…

Bitcoin Price Touted to End Stagnation in Style, Surging to New High
As the global economic engine continues to reel from the effects of the slowdown induced by the novel coronavirus, it’s still not clear how much devastation the pandemic has actually caused. For example, due to the restrictions imposed by governments all over the world such as border lockdowns, trade limitations and import/export reductions, economic movement…

Record $8B open interest on Ethereum futures shows the pros are ‘here’
The price of Ether continues to push higher, and many analysts are calling for $3,000 as a short-term target. All of this "success" takes place in the face of Ether (ETH) being in a bottleneck regarding high fees, network congestion and a tense situation with miners. With decentralized finance (DeFi) applications taking center stage and the…

Daft Punk meets CryptoPunks as Novo faces up to NFTs
Just recently, NFT collector CryptoNovo was posing for hundreds of photos, taking meetings with top tech companies and attending scores of invitation-only parties across New York City.Today, the former-schoolteacher-turned-Metaverse-mascot is raking leaves in his suburban Illinois front yard.“Dude,” Novo remarks excitedly as he works, “That just happened.”That would be NFT.NYC, the early November conference/gathering/bacchanal that…

Battle for authenticity heats up in world’s most popular NFT collection
Delegitimize CryptoPunks v1 and face pushback from v1 owners, or legitimize v1 and cause brand dilution, dropping the value of v2. 308 Total views 4 Total shares In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks v2 and, initially, CryptoPunks v1 nonfungible tokens…

Coinbase Says Bitcoin Will Become Closer to Digital Gold in 93 Days
With May’s Bitcoin halving event drawing ever closer, Coinbase recently took to pushing the “Bitcoin as digital gold” narrative. In a tweet-storm to promote an accompanying blog-post published Feb. 7, it covered the key reasons why the halving and subsequent supply rate reduction will further cement that link.Scarcity creates valueSince the gold standard was broken…

Texas: Crypto AriseBank CEO Pleads Guilty to Deceiving Investors in $4.2 Million Case
The former CEO of reported cryptocurrency scam AriseBank has pleaded guilty to defrauding victims of over $4.2 million, Texas-based daily news outlet Dallas News reported March 21.Jared Rice, whom the FBI arrested over securities and wire fraud in November last year, confessed to his activities, according to an announcement by the United States Attorney for…

New Analysis of Top 10K Ethereum Wallets Gives Highly Bullish Outlook
Adam Cochran, the analyst who predicts Ethereum 2.0 staking will cause a new bull run, released a 109-strong Tweetstorm on April 29, revealing his findings from a manual audit of Ethereum’s 10,000 fattest wallets.The conclusion of the research, also presented in a blog post, is that things are currently looking incredibly bullish for the number…