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May 6, 2022

Bitcoin switch to proof-of-stake remains unlikely

Bitcoin switch to proof-of-stake remains unlikely

[ad_1] Bitcoin (BTC), the original cryptocurrency that started it all and even today continues to drive the market sentiments, has faced numerous challenges along the way. The latest challenge seems to be around its mining consensus, proof-of-work (PoW) and its consequent impact on the environment. Bitcoin network’s high energy consumption was one of the hottest […]

Bitcoin

Bitcoin Tumbles Below $36K, Altcoins In Red Too

[ad_1] The crypto market has turned red even after the latest FOMC meeting. Bitcoin inches towards the $35,511 mark, and altcoins are getting a beating too. Bitcoin responded to the Federal Reserve’s 50 basis-point interest rate hike by dropping more than 10% in one day, its most significant decline in two months. Related Reading | […]