Crypto Market Gains Retrace As Ethereum Merge Draws Closer
Crypto market sentiment had been turning more positive in the month of August, and this had seen the digital assets in the space return double-digit growth in the first week of the month. However, the market has been unable to hold its bullish trend properly, and cryptocurrencies are beginning to shed the gains that they had put on in the first week. While the assets remain largely at positive levels, the gains for last week are noticeably less than the previous week. Weekly Gains Drop Across The Board The weekly gains across the crypto market have been down for the last week. The Small....
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Ethereum was formerly developed as a PoW blockchain. However, it’s been planning to transition to PoS through an upgrade tagged the merge. The process, which has different phases, is almost getting to completion as the date for the merge draws closer. The target is September 15 and would finally merge the Ethereum mainnet and the […]
The Ethereum Merge draws closer with each passing day, and the anticipation in the market is palpable. There are a number of advantages that come with the Merge, with all of those being factors behind the recent recovery in the price of ETH. However, the advantages, and the subsequent recovery, do not look to end […]
Preparations are on the high side as the date for Ethereum Merge draws closer. The Ethereum ecosystem has been putting in an excellent effort for the final launch of its long-awaited upgrade. This upgrade would take the Ethereum mainnet from the Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS). The transition plan for the second-largest cryptocurrency […]
The long-awaited Ethereum Merge is much closer than anticipated. The Ropsten testnet will implement its unique Merge to offer app developers a taste of what the future looks like with the Layer 2 Ethereum implementation. The Ethereum Foundation has progressed one step further in implementing the Proof of Stake consensus algorithm. By the partial deployment […]
Ethereum Classic has been seeing some of the largest growth with the news of the Ethereum Merge. Where other cryptocurrencies were seeing single-digit gains, Ethereum Classic had seen double-digit gains that pushed its price well past the $40 mark at one point. Now, even though the market has begun to shed some of its gains […]