Fidelity Analyst: Bitcoin Is Cheap — Ethereum Could Be Near Bottom

Fidelity Analyst: Bitcoin Is Cheap — Ethereum Could Be Near Bottom

Post Views: 111 Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he added. Jurrien Timmer, director of Global Macro in Fidelity Investments’ global asset allocation division, shared his bitcoin and…

Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower

Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower

Post Views: 135 Bitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928. 30-day statistics show the hashrate has slipped from 243 exahash per second (EH/s) to today’s 178.44 EH/s, losing 26.56% during that time frame. After two drops in a row, the difficulty adjustment…

Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits

Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits

Post Views: 118 On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using today’s prices. What do you think about Ethereum developers…

Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’

Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’

Post Views: 96 This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over the Covid-19 pandemic, shut down businesses and injected trillions into the economy. The…

US Treasury Delivers Crypto Framework to Biden as Directed in Executive Order

US Treasury Delivers Crypto Framework to Biden as Directed in Executive Order

Post Views: 90 The U.S. Treasury Department has delivered a framework for crypto assets to President Joe Biden, fulfilling its obligation as directed in the executive order on crypto that the president issued in March. The framework calls for the U.S. and its foreign allies to collaborate to create international standards for regulating crypto assets….