Ethereum’s Pivotal Update Likely Already Priced in as Market Remains Flat
The Merge is expected to make Ethereum more efficient, secure, and scalable.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Just hours after Ethereum completed “The Merge”, Gensler made comments that imply that ETH, as well as any other crypto that utilizes staking, is definitely a security.
The Merge is expected to make Ethereum more efficient, secure, and scalable.
Miners who will be left with worthless ether mining rigs after the Merge are pushing for a hard fork of Ethereum that will mint a new…
Ethereum Classic's rally could be driven by speculation on Ethereum's biggest update.
The company explained that this move is to secure tokens in case of a chain split.
The company says that its net worth is still positive and that the freeze is due to a recent increase in demands on withdrawals.
Ethereum saw minor outflows of $1 million last week as investors remain cautious before the Merge next month, according to CoinShares.
Bitcoin and Ethereum slipped Friday as investors await the Fed's inflation message at the annual Jackson Hole Conference Friday.
Nvidia has seen a sharp decline in demand for its GPUs amid the looming Ethereum upgrade.
Left out to dry ahead of the Merge, ETH miners are revitalizing other PoW networks.
With one of its the most important updates nearing completion on Ethereum, the smart contract platform seems to have finally decoupled from Bitcoin.
After the positive CPI report, the Fed's drastic rate hikes are less likely.
With a hard fork of the Ethereum network being touted after its upcoming merge, several companies have offered support for the PoS layer.