Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Cryptoverse: After Merge, ether heads for a  billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices. The Ethereum blockchain’s mega-upgrade finally went … Read more

Bitcoin falls below $19,000 as cryptos creak under rate hike risk

Bitcoin falls below ,000 as cryptos creak under rate hike risk

Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 19 (Reuters) – Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world. Bitcoin , the biggest cryptocurrency by market value, fell about 5% to a three-month … Read more

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may … Read more

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

A representations of cryptocurrency Ethereum is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 9 (Reuters) – Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major … Read more

A year on, El Salvador’s bitcoin experiment is stumbling

A year on, El Salvador’s bitcoin experiment is stumbling

CONCHAGUA, El Salvador, Sept 7 (Reuters) – A year after El Salvador adopted bitcoin as legal tender, the area where the world’s first cryptocurrency city was meant to be built – a circular metropolis powered by a volcano – is still dense jungle. President Nayib Bukele had promised that “Bitcoin City” would be a tax … Read more

Sudden crypto drop sends bitcoin to three-week low

Sudden crypto drop sends bitcoin to three-week low

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 19 (Reuters) – Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low. Bitcoin fell as much as 7.7% to $21,404 over a few minutes during the … Read more

Cryptoverse: Electric ether leaps on verge of Merge

Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. Finally. After years of delays, the “Merge” seems all but certain to take place in September, … Read more

Singapore-based crypto lender Hodlnaut suspends withdrawals

Singapore-based crypto lender Hodlnaut suspends withdrawals

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, Aug 8 (Reuters) – Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, … Read more

Cryptoverse: Blockchain bridges fall into troubled waters

Cryptoverse: Blockchain bridges fall into troubled waters

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Another day, another hack – and another blockchain bridge burned. When thieves stole an estimated $190 million from U.S. crypto firm Nomad last … Read more

Cryptoverse: Bitcoin beats the heat in a jumpin’ July

Cryptoverse: Bitcoin beats the heat in a jumpin’ July

A representation of virtual currency bitcoin and a U.S. one dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – It’s been a good month for bitcoin – and we haven’t said that … Read more