Ethereum proof-of-work core development team disbands
20 Dec 2023
219 Views

Developers of the Ethereum proof-of-work (PoW) hard fork have decided to disband. According to a Dec. 19 announcement, the core EthereumPoW development team will be dissolved to “achieve full autonomy.” Thereafter, the EthereumPoW blockchain will continue to run with PoW as the main consensus for the chain and decentralized governance “to become a deity-less public chain.”…

Solana price technicals hint at 40% crash by New Year’s
20 Dec 2023
224 Views

Solana’s SOL price risks losing nearly half its value in the coming weeks as a classic technical setup puts a potential 40% crash into play. Bearish divergence limits Solana’s upside prospects As of Dec. 19, SOL is trading at around $76.35, up around 50% compared to its local price low of around $51 a month ago….

Spot Bitcoin ETF ‘nailed on’ for next year: K33 report
20 Dec 2023
219 Views

The approval of a spot Bitcoin ETF by January 10 appears to be set in stone, with a new spate of exchange-traded fund (ETF) updates only adding further to the likelihood of an approval, say K33 research analysts. In a Dec. 19 report, K33 head of research Anders Helseth and senior analyst Vetle Lunde said the…