Pudgy Penguins Ethereum NFT Fetches 400 ETH Despite Bear Trend
$ETH: ConsenSys Highlights 5 Misconceptions About Ethereum’s “Merge” Upgrade
admin2022-08-23T09:49:22+00:00On Monday (August 22), blockchain technology company ConsenSys said that there are still five common misconceptions about Ethereum’s upcoming “Merge” upgrade, which marks the transition from proof-of-work (PoW) to proof-of-stake (PoS). Here is how ConsenSys describes what it does: “ConsenSys is the leading Ethereum software company. We enable developers,...
ETH Struggles Near Key Support –
admin2022-08-23T09:13:14+00:00Ethereum price started a fresh decline from the $2,000 zone against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1,840 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,520 zone. Ethereum price is struggling below $1,700 against the US Dollar. ETH/USD remains at a risk of...
Seedify announces cross-chain integrations with the Ethereum network to boost growth
admin2022-08-23T07:45:14+00:00The long-awaited Ethereum merge (software update) will most likely occur in September this year, this will be the largest fundamental shift in the history of crypto. The network has suffered an immense increase in traffic and uncontrolled spikes in gas fees (transaction fees). The merge will ultimately alleviate these bottlenecks, making the network even more secure and less energy-intensive by switching from the Proof-of-Work to the Proof-of-Stake framework. Ethereum has predominantly been the most popular network for new blockchain entrants, as...
Everything that Polkadot [DOT] short sellers should know to make profit
admin2022-08-23T02:30:29+00:00Big things are happening in the Polkadot ecosystem as the latest data confirmed growing speculation. Polkadot emerged as the top chain by development activity in the past 24 hours. With an index value of 344, the network heads competitors such as Ethereum, Bitcoin, Solana, and others. High development activity is a signal that the blockchain will ship new features in the future. Source: Santiment
DOT-ting the correct lines
Polkadot is beginning to emerge from its June- bottoms in some fashion after its latest series...
ETC hashrate hits a new ATH- Decoding what it could mean for investors
admin2022-08-22T23:30:31+00:00Ethereum Classic has witnessed immense traction ahead of Ethereum’s upcoming Merge. ETC registered over 150% in the past month and its holders have been enjoying the uphill ride. But unfortunately, the bears have taken over the ETC market of late. And, the short goers are rejoicing in this opportunity. But investors with high hopes shouldn’t let the celebration end yet as ETC’s hashrate has hit a new all-time high.
Let the party begin
In just over a month’s time, Merge on the...
Grayscale Claims ‘Ripple Network Does Not Facilitate the Creation of Tokenized Assets’
admin2022-08-22T19:00:48+00:00Recently, Grayscale Investments (“Grayscale”), which is one of the world’s largest digital currency asset managers, made some questionable claims about XRP. As Stefan Huber pointed out yesterday (August 21), in an Information Statement for Grayscale Stellar Lumens Trust (XLM) that the firm filed with the U.S. Securities and Exchange...
Ethereum: What could be the impact of Merge on ETH trading
admin2022-08-22T18:30:53+00:00Ethereum has occupied the center stage of the crypto market since Merge talks came to the fore. After years of speculation, users will finally get a chance to witness Ethereum’s transition to Proof-of-Stake (PoS) consensus mechanism. And, the benefits that come along with it. Interestingly, the Merge is expected to have a profound effect on ETH’s demand and supply dynamics.
A new dawn
According to IntoTheBlock researcher Lucas Outumuro, selling pressure will be removed as $25m worth of ETH would be rewarded to...
Nate Chastain Files Motion to Dismiss Charges
admin2022-08-22T17:50:08+00:00
Key Takeaways
Former OpenSea employee Nate Chastain has filed a motion to dismiss the Department of Justice’s indictment against him. His legal team argues that the insider trading, wire fraud, and money laundering charges cannot apply to Chastain and that the case is the first of its kind. Each charge carries a maximum sentence of 20 years in prison.Share this article
Former OpenSea employee Nate Chastain, whom the Department of Justice has charged on counts of insider NFT trading, wire fraud, and money laundering,...
Whale Who Bet $1M on Terra’s Collapse Now Countertrading Jim Cramer
admin2022-08-22T16:52:50+00:00