Why Coinbase Will Pause Ethereum Transactions During “The Merge”
In around a month, Ethereum will transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus. This event was dubbed “The Merge”, tentatively set for September 15 to 16, and will complete a 6-year journey into the new consensus algorithm and blockchain. Related Reading: Crypto Exchange Crypto.com Signs Undertaking With Canada’s OSC Users, exchange platforms, […]
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Ethereum and the crypto market slightly recovered some gains after the Federal Reserve (Fed) announced a 75-basis point (bps) interest rate hike. There was no surprise from the financial institutions, and the second crypto by market cap might be able to extend the bullish trend without external distractions. Related Reading | TA: Bitcoin Price Restarts Increase After Fed Rate Hike But Resistance Intact At the time of writing, Ethereum (ETH) trades at $1,640 with an 11% profit in the last 24 hours and a 7% profit over the past week. The cryptocurrency has reclaimed its position as the....
The Bitcoin price has been stuck below $20,000 as Ethereum and other altcoins take over the price action and push the sector upwards. Ethereum just deployed the “Bellatrix” upgrade, the final step before “The Merge”, and the price of Ethereum is blazing through local resistance. Related Reading: Ethereum Classic (ETC) Produces A Godlike Candle, How Far Can It Go? At the time of writing, Bitcoin price trades at $19,900 with sideways movement across the last 24 hours and 7 days respectively. In the meantime, the Ethereum price trades at $1,670 with a 7% and 8% profit over the same time....
The Ethereum price is rallying above critical levels as “The Merge” is on the horizon, the bullish momentum might receive a fresh push and finally take ETH north of $2,000. In the meantime, market participants are speculating about the immediate future of the second cryptocurrency by market cap. Related Reading: Cardano On White House Crosshair Can Push ADA Up This Route At the time of writing, Ethereum’s price trades at $1,710 with a 4% loss in the last 24 hours and a 9% profit over the last week. After weeks of leading the market, ETH is underperforming Bitcoin. The number one....
Ethereum has completed one of its most significant milestone with the successful completion of “The Merge”, the migration to a Proof-of-Stake (PoS) consensus. Market participants were expecting an aggressive price action during this event, but the results might be disappointing. And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today. — vitalik.eth (@VitalikButerin) September 15, 2022 Related Reading: Crypto Market Hasn’t Bottomed Yet, Analyst Says – More Pain Ahead? At the time of writing,....
Ethereum is coming into heavy resistance north of $1,900 as the cryptocurrency attempts to push further into previously lost territory. Today, ETH core developers announced a tentative date for the upcoming “Merge” event set for September 15 to 16, 2022, which could bolster bulls’ attempts to climb higher. Related Reading: Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction At the time of writing, Ethereum’s (ETH) price trades at $1,888 with 3% profits in the last 24 hours and a 17% profit in the last week. “The Merge” is the event that will complete Ethereum’s....