Ethereum – Page 55

Bitcoin Consolidates Near $20,000; Is A Sign Of Reversal?

Published 4 seconds ago Bitcoin price was struggling near $20,000 and extended the consolidation for the second consecutive day. The heavy sell off on Tuesday left investors in the vary as they are looking for a confirmation to place the fresh trading bets. The price hovers in a narrow trading range with no clear directional bias. But the sentiment skewed in favor of bears. Bitcoin price continues to trade lower following the fall on Tuesday—a deprecation of 10%. The price struggles...

Crypto Community Reacts to “Historic” Ethereum Merge Event

Key Takeaways

Ethereum's "Merge" to Proof-of-Stake successfully shipped this morning. Vitalik Buterin, Joseph Lubin, and other key community members took to Crypto Twitter to celebrate the upgrade after it shipped. Some prominent Bitcoin personalities criticized Ethereum over the Merge, warning that it would lead to increased centralization.

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Vitalik Buterin, Yuga Labs, Synthetix, and others celebrated Ethereum completing its “Merge” to Proof-of-Stake earlier this morning.

Community Celebrates Merge Event

The Ethereum Merge is finally done—and the crypto community has a lot...

Ethereum (ETH) Enters Proof-Of-Stake (PoS) Era After Successful Merge

Ethereum Merge has triggered successfully by the total terminal difficulty (TTD) of 58750000000000000000000 at block 15537393 on September 15 at 06:42:42. Ethereum has now transitioned to proof-of-stake (PoS) consensus after successfully completing the Paris upgrade and the Merge.

The Ethereum Merge Successfully Activated

Ethereum has transitioned smoothly to Proof-of-Stake (PoS) with the successful joining of the Mainnet and Beacon Chain. As per bordel.wtf, the Merge was triggered by TTD of 58750000000000000000000 at block 15537393 on September 15 at 06:42:42. After the finalization,...

Ethereum Makes History With Merge to Proof-of-Stake

Key Takeaways

Ethereum has successfully "merged" from Proof-of-Work to Proof-of-Stake. The landmark update will bring major changes to the Ethereum network, including a 99.95% reduction in energy consumption and a 90% cut in ETH issuance. Many believe that the Merge could act as a bullish catalyst for ETH on a long-term timeframe, but there are reasons to be skeptical in the immediate future.

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“The Merge” is one of the most significant events in crypto history.

Ethereum Completes the...

Here’s How Ethereum Merge Brings A New Dawn for Institutional Participation

All eyes are currently on the ETH Merge event which is less than 24 hours from now. The Ethereum Merge is probably the biggest event in the history of crypto considering the scale of transition. The ETH price is currently hovering around $1,600 and has come under selling pressure just ahead of the Merge. While as the Merge happens, institutional investors would be watching closely. The transition of Ethereum to a Proof-of-Stake blockchain network will make it more scalable, efficient, and...

Analyzing USDC’s falling utility post the Tornado Cash fiasco

‘How tables have turned’ is one of the most common phrases used in this ‘niche’ yet the emerging world of cryptocurrencies. USD Circle [USDC] witnessed the wrath of a dying utility after showcasing its will to rise to the #1 spot. So what went wrong for this stablecoin?

Circle of life

Circle’s stablecoin once rose to fame after it crossed Tether’s USDT by the number of daily transactions on the Ethereum [ETH] blockchain. It also registered a significant hike in its utility following the...

Crypto Whale Who Won Bet Terra’s Collapse Reveals Massive Short Against Terra Classic ($LUNC)

A popular cryptocurrency whale known as Gigantic Rebirth on the microblogging platform Twitter has revealed a massive bet of around $8 million against Terra Classic ($LUNC). Terra Classic is the rebranded version of the original Terra ecosystem, which collapsed earlier this year. Gigantic Rebirth, known as GCR on...

Ethereum Classic at $37.5 yet again- where is the battle headed next

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum Classic [ETC] has posted sizeable gains in the past two weeks as the bulls refused to let the price slide beneath the $30 mark. They were able to drive a rally as high as $42 before facing rejection. News of the Merge could also have had an effect as miners shifted to the ETC which resulted in a rise in...

What Could Go Wrong During Ethereum’s Merge?

Key Takeaways

Ethereum is upgrading to Proof-of-Stake in the next few hours. Centralized exchanges, Ethereum dApps, and potential Ethereum Proof-of-Work forks may end up causing trouble for ETH holders. While the Merge may turn out to be volatile, it is expected to be beneficial for Ethereum in the long run.

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Centralized exchanges, dApps, and Ethereum Proof-of-Work forks could face some hiccups during Ethereum’s highly anticipated Merge to Proof-of-Stake.

The Merge Is Upon Us

Ethereum is gearing up to finally transition from Proof-of-Work for...

Bitcoin Price Heading This Way After Ethereum Merge?

The cryptocurrency market struggles to recover from the recent dump due to the CPI data release. In this context, the trader community hopes for a quick turnaround after The Ethereum Merge. However, there could be a brief dip in Ethereum (ETH) price post The Merge although a bullish momentum prevails going forward. This makes it all important for all other cryptocurrencies which could be affected by the network upgrade. More importantly, the Merge is a major historic event in...