Ethereum 2.0 Deposit Met: Proof-of-Stake 'Beacon' Chain Starts in 7 Days
Part of the upgrade changes how miners are rewarded and talk of ETH moving from PoW to PoS! Plus, this should help with energy usage to help impacts that the energy consumption of Proof-of-Work has! It will increase the network capacity from roughly 30 transactions per second to over 100 TPS!
Paypal Bought 70% of All Newly Minted Bitcoin Last Month
According to estimates by hedge fund manager Pantera Capital. Along with the efforts from Square, the two are buying roughly 100% of newly mined BTC. This is a more sustainable bull run than in 2017 due to the institutional attracting into the market.
Coinbase Sees Explosion of Capital' From insitutional investors.
In the past 8 months they have seen the assets under their custody increase from $6 Billion to $20 Billion. Brian Armstrong, the CEO, tweets that he warns against regulation from the US Treasury. Although, these are the problems you will have with a place like Coinbase where they have custody of your wallet and therefore your funds, rather than a wallet where you hold your own private keys.
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Thank you for the inspiration from the latest BitcoinCash news video on youtube for the inspiration to create this blog for you all! Please upvote and share!