Ethereum – Page 63

Mining Pool Poolin Halts Withdrawals, Huge Crisis Ahead?

Citing liquidity issues, China based mining pool Poolin said it paused withdrawals from its wallet. The withdrawal halt could turn out to be a huge setback to the crypto ecosystem considering the huge scale with which Poolin operates. The mining pool attributes to a hash rate share of 10.4% in Bitcoin mining. Meanwhile, the team said it would release an update on withdrawal resumption within two weeks. Earlier on Sunday, the management said it was facing liquidity issues. It...

Shiba Inu’s $LEASH Token Gets Unleashed on Financial Trading Platform BlueBit

On Monday (September 5), multi asset class financial trading platform BlueBit did the Shiba Inu ($SHIB) community another favor to complete an impressive hat trick that started roughly three weeks ago. Here is what Binance Academy says about Shiba Inu: “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a...

Playing the Merge: How to Get Free Money From Ethereum’s PoS Upgrade

Key Takeaways

A coalition of developers and miners plan to fork the Ethereum blockchain after the Merge. Doing so will create a new Proof-of-Work chain that will match users ETH balances with an equal amount of a new coin called ETHW. ETHW will likely hold some value and can be sold on centralized exchanges that support its trading.

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After Ethereum is forked, addresses holding ETH will receive an equal amount of ETHW on the forked blockchain.

Preparing for the Merge

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Here’s How Ethereum (ETH) Price May Move After The Merge

The Ethereum (ETH) price is set to be deflationary after the Merge due to a drop in ETH issuance and the EIP 1559 burning mechanism. Glassnode data reveals Ethereum (ETH) issuance will increase after the Merge only when more validators enter the pool. Therefore, Ethereum’s deflationary or inflationary price will vastly depend on validators.

Ethereum (ETH) Price Increase After the Merge

According to Glassnode’s simulation of Merge in August 2021, Ethereum (ETH) issuance can depend on a...

Ethereum: This can be a setback for ETH ahead of the Merge

As the date of the much-awaited Ethereum Merge comes closer, the excitement in the community is skyrocketing. Ethereum, which has been in the limelight for a few months now, also showed a promising performance last week by registering nearly 8% 7-day gains. Though the majority of crypto enthusiasts believe that as we approach the Merge date, ETH’s price will gain steady upward momentum, several believe otherwise. Well, certain datasets and metrics indicate a possible plunge in ETH’s price ahead...

Crypto Researcher Says Post Ethereum’s Merge, Bitcoin Could Be ‘Regulated Away’

Independent crypto researcher Kyle McDonald explained last Friday (September 2) why Bitcoin could get even more attention from regulators — due to its high energy consumption — after Ethereum’s Merge upgrade has been completed. Here is how Ethereum Foundation explains the Merge, which marks the Ethereum network’s transition...

Top Mining Pool To Support Ethereum Classic (ETC) After The Merge

Blockchain explorer and mining pool BTC.com has now added support for Ethereum Classic (ETC) as the Ethereum network switches from proof-of-work (PoW) to proof-of-stake (PoS) with the Merge. The mining pool has launched the mining pool, BTC.com ETC Pool, with “zero-fee” mining for 3 months.

BTC.com Launches ETC Mining Pool Ahead of Merge

According to BTC.com’s Ethereum The Merge Countdown, the Merge is estimated to trigger at the TTD of 58,750,000,000,000,000,000,000 on September 15 at 04:44:47. The network hashrate is 891.96...

Investors should read this before selling ETC ahead of Merge

The entire crypto-community’s excitement is increasing as we enter the final stage of the Ethereum Merge, which is scheduled to happen in mid-September. Miners are actively looking for other alternatives to keep their mining operations running as ETH prepares to adopt a more energy-efficient PoS consensus mechanism with the Merge. Interestingly, given the situation at hand, ETC appears to be leading. Just recently, Bitmain, a leading manufacturer of cryptocurrency mining servers, released Ethereum Classic firmware on its website for ANTMINER....

Ethereum [ETH]: Is the Merge really ‘priced in?’ This exec claims…

Ethereum is edging closer to the Merge right now, with the launch scheduled for 15 September. The Merge has already given a sharp boost to Ethereum [ETH] trading over the past month. According to data from Coin Glass, the number of Ether contracts that have not been settled has doubled to just over $8.43 billion. In September alone, the total derivatives volume for Ether was close to $87 billion, compared to over $67 billion for Bitcoin. This reflects on the...

A quiet September? Here’s what’s in store for Bitcoin [BTC]

Bitcoin [BTC] is looking to add to traders’ woes in September, despite two major upgrades across the crypto-industry. Furthermore, Ethereum is set release the Merge on 15 September while Cardano is set to launch Vasil a week later. These long-awaited upgrades are expected to alter trader sentiment across the industry. However, recent data shows a different story as long as Bitcoin is concerned. CryptoQuant analyst ‘Maartunn’ recently shared his briefing about a highly volatile weekend. The analyst revealed that Open...