The 65th largest digital token by market cap, Zcash (ZEC-USD), surges 31% since transitioning to a proof of stake protocol from proof of work, according to the coin's main developer, Electric Coin Company, in a release from Nov. 19. Proof of stake, a protocol designed as an alternative to proof of work, is used to mine or validate block transactions based on how...
Bitcoin was trading below $44,000 on Thursday morning as the cryptocurrency gave back some gains from the day before. Heading into Thursday, Bitcoin had traded higher in three of the past four days. Bitcoin is up more than 14% month-to-date, but down more than 4% year-to-date. The calls for regulation in the industry are getting increased attention. Risks could...
Bitcoin was trading below $44,000 on Thursday morning as the cryptocurrency gave back some gains from the day before. Heading into Thursday, Bitcoin had traded higher in three of the past four days. Bitcoin is up more than 14% month-to-date, but down more than 4% year-to-date. The calls for regulation in the industry are getting increased attention. Risks could...