Week

Eth2’s Phase 0 is set to roll out next week, but it’s only the first step in a years-long process

Eth2’s Phase 0 is set to roll out next week, but it’s only the first step in a years-long process

Quick Take The initial phase of Eth2 — the next-generation of Ethereum — is rolling out next week. It represents the first step in Ethereum’s transition into a proof-of-stake network. But there’s still a lot of work left to do for the full Eth2 upgrade, Justin Drake, Eth2 researcher at the Ethereum Foundation, told The …

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Bitcoin’s price rallied during a week of election uncertainty. Traders say more money is waiting on the sidelines

Bitcoin’s price rallied during a week of election uncertainty. Traders say more money is waiting on the sidelines

As markets continue to digest the 2020 U.S. presidential election’s unique uncertainties, bitcoin traders say there’s capital on the sidelines that could propel the digital currency’s price to further highs. The price of bitcoin has swelled during the past week, breaking through key price levels, including $15,000. Bitcoin isn’t the only crypto trading in the …

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Average Bitcoin transaction fees rose to their highest level since 2018 this week

Average Bitcoin transaction fees rose to their highest level since 2018 this week

Transaction fees on the bitcoin network are at their highest point since early 2018, according to available network data — a development that comes amid recent upward price action for the cryptocurrency. The latest movement in bitcoin network fees appears to have started on October 26, when bitcoin’s price was fluctuating around the $13,000 level. …

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Market Wrap: Bitcoin Dips as Stock Markets Close Lower on the Week

Market Wrap: Bitcoin Dips as Stock Markets Close Lower on the Week

Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after new data showed retail sales dropped to record lows and unemployment numbers continue to worsen. The world’s first cryptocurrency is trading below its 10-day …

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