Bitcoin saw mixed progress on February 4 as a push towards $40,000 combined with yet more controversy over Elon Musk. In the event, growth stalled as the world’s richest man returned to Twitter to boost the fortunes of Dogecoin—and remove “#Bitcoin” from his biography.
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Bitcoin plods ahead but Ether stole the show, easily dispatching its all-time high (Photo: CoinMarketCap)Markets Report: Bitcoin bull run hinges on $35K as Ether hits new all-time high
A slow upwards move for BTC/USD contrasts with an easy ride to record highs for Ether on Wednesday
Bitcoin showed signs of life on February 3 as largest altcoin Ether made good on its bull run and beat all-time highs. While modest compared to previous volatility, Bitcoin’s uptick buoyed sentiment among traders who had waited patiently for the market to decide short-term direction.
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ConsenSys, Securosys launch secure ETH 2.0 staking system
The firms have developed a hardware-based system for creating Ethereum 2.0 withdrawal keys securing long-term ether stakes
By combining Switzerland-based Securosys’s Hardware Security Modules with ConsenSys Codefi’s staking technology, the companies said they can generate Ethereum 2.0 withdrawal keys that can safely be stored and managed to protect staked ether during the transition from the Ethereum to Eth 2.0 blockchain.
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Markets Report: Bitcoin bows to Ether as ETH nears new all-time highs
A lack of firm commitment up or down for Bitcoin contrasts with fresh gains for Ether, which is battling final resistance below $1,475
Bitcoin disappointed bulls on February 2 as a fresh attempt at flipping higher levels to support gained little momentum.
