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The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work
16.9.2022
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW...
Ethereum Price Plummets Post-Merge; Will ETH Revive?
16.9.2022
Ethereum price is down by around 10% after the successful Merge upgrade on the main net. Many experts think Merge was a ‘Sale the News’ event where investors entered the market to sell after this ‘Crypto Climax.’ In the last 24 hours, Bitcoin (runs on PoW consensus) has dropped only...
Does Ethereum's new ETHPoW fork stand a chance? ETHW price falls 65% post-Merge
16.9.2022
Nonetheless, ETHPoW is gaining adoption among top mining pools and crypto exchanges
Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash
16.9.2022
The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down
Bitcoin price loses $20K, ETH price drops 8% after 'monumental' Ethereum Merge
15.9.2022
Uncertain BTC price action continues as Ethereum trends downward despite the successful Merge
ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Hashpower Awaits ETHW Fork
15.9.2022
Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was codified, a handful of PoW coins...
Much Awaited Ethereum Merge Is Done: Will ETH Be Impactful?
15.9.2022
On September 15, 2022, the Ethereum mainnet switched to Proof of Stake consensus, enhancing the performance and making the cryptocurrency more sustainable and eco-friendly. On his Twitter handle, Ethereum founder Vitalik Buterin thanked the community and said that the Merge upgrade uses 99.95% less...
Ethereum traders shorted ETH price in record numbers during the Merge — 50% crash ahead?
15.9.2022
Ethereum traders are betting on a "sell-the-news" event on the day of the Merge as ETH exchange balance jumps
ETH Borrow Rate Spikes to 190% Ahead of the Anticipated Merge
15.9.2022
As crypto enthusiasts await the Ethereum proof-of-stake Merge, the crypto is creating immense ripples in the market. Aave, a lending protocol with 6.5 billion dollars in TVL, emptied its Ethereum reserves to borrowers. The protocol witnessed a whopping 190% jump in ETH borrow rates as investors...
Ethereum Crypto Price Prediction 2022 - Will ETH Surpass $2,000?
14.9.2022
Ethereum holders have been drumming up a lot of excitement and interest as the Merge event nears. Whilst Ethereum is down 6.81% on the 24-hour time frame, ETH has still moved up 2.96% against Bitcoin.
Will Ethereum surpass the $2,000 price levels once again?
Since November 2021 Ethereum...
Ethereum Price Calm But is Short Squeeze About to Push ETH to $2k?
13.9.2022
As the Ethereum Merge nears, there has been increased interest in the second-largest cryptocurrency by market cap. Ether has been outperforming Bitcoin over the past week as news of the Merge triggers bulls that have been liquidating short positions. The Ethereum futures market has been...
The Merge: Ethereum’s Transition to PoS Consensus
13.9.2022
The Ethereum network is right about to shift from the power-hungry Proof-of-Work (PoW) to an eco-friendly Proof-of-Stake (PoS) mechanism. It’s worth mentioning that the Beacon Chain, Ethereum’s PoS network, was introduced back in 2020 but hasn’t been used for processing transactions yet. The Merge...
In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum’s Merge
12.9.2022
With The Merge coming next week and Cardano’s Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart...
Ethereum Devs Successfully Complete Merge Shadow Fork With No ‘Client Incompatibility Issues’
10.9.2022
Next week or roughly around four days from now, The Merge is expected to be implemented and Ethereum will transition from proof-of-work (PoW) to proof-of-stake (PoS). According to Ethereum developers, prior to the Paris upgrade, programmers successfully completed the 13th and last shadow fork....
4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH
9.9.2022
20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (PoS) blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux, and ethereum classic. When...
Uniglo (GLO) Leads as Most Beginner-Friendly Investment Before Ethereum (ETH), Eos (EOS), and Maker (MKR)
8.9.2022
The cryptocurrency market can be a confusing place for someone just starting out. As such, some crypto projects such as Ethereum (ETH), EOS, and Maker (MKR) have made it their mission to build user-friendly platforms and services to be more accessible to beginners. But a current list of the most...
Ether price could 'decouple' from other crypto post Merge — Chainalysis
8.9.2022
Chainalysis suggests ETH could decouple from other cryptocurrencies post Merge as its staking rewards could make it similar to bonds or commodities
Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production
6.9.2022
The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain...
Ethereum Moves Closer to 100 EMA; ETH’s Positive Momentum Awaits!
6.9.2022
Ethereum’s successive plans to dominate the cryptocurrency world are on track with its progressive idea behind the rumored merger. While ETH is performing strongly on fundamental grounds, the impact isn’t seen by holders of this token, who consider it a token of merely a storage value. As of...
Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge
5.9.2022
Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4. Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS)...