Ethereum, the second-biggest blockchain after Bitcoin, activated its much-anticipated “Dencun” upgrade, a move to spur growth on so-called layer-2 networks like Arbitrum and Polygon, by reducing their data fees. The Dencun upgrade, technically a hard fork in blockchain terminology, was triggered at 13:55 UTC (9:55 a.m. ET), and finalized at 14:10 UTC. A key element …
Bitcoin climbed past $51,000 in a broad cryptocurrency rally that saw Ether, the second-biggest token, advance back to where it was before the TerraUSD stablecoin collapsed almost two years ago. Representation of bitcoin cryptocurrency is seen in this illustration (REUTERS) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Bitcoin’s 21% year-to-date gain pushed its market capitalization above $1 trillion …
Bitcoin on Friday, October 13 saw a drop of 0.09 percent to trade at the price point of $26,777 (roughly Rs. 22.2 lakh). This is the fifth day in a row that Bitcoin is trading in losses. In the last 24 hours, the value of Bitcoin slipped by $43 (roughly Rs. 3,578). At present, Bitcoin’s …
The cryptocurrency market experienced a mixed performance during the second weekend of July, with more cryptocurrencies seeing declines than gains. Bitcoin, however, managed to secure a profit of 0.14 percent on Monday, July 17, with a value of $30,255 (roughly Rs. 24.8 lakh) at the time of writing. One upcoming development that could potentially impact …
The cryptocurrency market failed to achieve significant stability despite positive developments that made waves over the weekend. Bitcoin, as an example, entered the final week of June with a minor loss of 0.29 percent. However, BTC managed to stay above the $30,000 mark ($24.3 lakh approximately). Currently, BTC is being traded at $30,449 ($24.9 lakh …