Tag: ethereum 2.0

The Ethereum Merge is anticipated by the cryptocurrency industry, but many stakeholders want to get the most out of it. The much-anticipated update, according to Wall Street firm JP Morgan, might potentially be quite advantageous for cryptocurrency exchanges. On the other hand, retail traders might be hoping to profit from a potential increase in the price of ETH as soon as it occurs....

The Ethereum (ETH) Merge is a month away, and the entire crypto community awaits the revolutionary event. In anticipation, most investors have taken to stacking up ETH tokens, awaiting the positive price action The Merge will influence....

As one of the most anticipated events in the crypto space in recent times, there is bound to be rumors and misconceptions surrounding The...

Robert Leshner, founder of Compound Finance and investor at Robot Ventures, has noted a few things regarding The Merge. The Merge is...

Ethereum prices have been on an uptrend ever since prices hit their psychological low of $1,000. The Ethereum merge event along with the positive crypto market in general is pushing prices higher. However, occasional price adjustments do occur as part of uptrends. Will Ethereum go up despite the correction or will prices...

Ethereum is the foundation of the decentralized finance ecosystem and is automatically categorized as a decentralized network. On paper, Ethereum is a decentralized and democratic network based on a deflationary currency. In reality, it's neither decentralized nor deflationary. Defying deflation In September 2021, Ethereum's London hard fork...

The Ethereum blockchain is moving from Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS). If you want to stake ETH by yourself, you must have a minimum of 32 ETH. Fortunately,...

After many speculations, the Ethereum Merge date was finally announced. The promises of the reality of the merge were not even close for most skeptics, but the latest developments pushed the new advancements in Ethereum's growth. In this article, we're going to talk about what the Merge is about and when is the Ethereum Merge date. What is Ethereum Blockchain?...

After another short consolidation, cryptocurrency prices soared by more than 7% in the past 24 hours. While Bitcoin managed to increase by around 6%, Ethereum prices doubled their gains and reached the important price of around $1,850. In our previous price prediction article, we did place this specific short-term target for Ether In this...

Summary: USDC stablecoin Issuer Circle has plans to solely support the Ethereum Proof-of-Stake chain post-merge. Circle announced the decision on Tuesday amid rising speculations regarding a Proof-of-Work hard fork by major Ethereum miner Chandler Guo. The digital asset firm stated that only a "single valid version" of USDC can exist. Circle's stablecoin is the largest ERC-20 asset on ETH's network with a market...

Ethereum is the second biggest cryptocurrency for several years. However, the Ethereum blockchain has been stumbling with increasing problems such as rising gas fees, low transaction speeds, and poor scalability. These are the reasons why the Ethereum Merge occurs. This article is all about the Ethereum merge aka the...

The ETHPoW hard fork appears to...

As the big event of the Ethereum merge comes closer, the crypto market is prepping to increase in prices. Ethereum specifically reached an important price as its uptrend comes to a slight halt. Crypto investors are eyeing the entire Ethereum ecosystem and community to make their investment decisions. Where will Ethereum price reach after the merge? Is it a good idea to buy...

Data shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back. Realized Price Of ETH 2.0 Deposits 44% More Than Normal Supply As per a special report released by Glassnode and CoinMarketCap, the Ethereum locked into the 2.0 contract is holding heavy losses right now. A relevant metric...

Ethereum prices made a very strong comeback last week. This happened as Ethereum's merge became one step closer to reality. However, the market adjusted and sent ETH prices down to $1,400. Today, crypto enthusiasts woke up to crypto prices soaring high. The crypto market gained more than 8% in the past 24 hours, as Ethereum gained...

Ethereum had a great performance last week as prices shot up by 50%. However, prices are on the decline in the past 24 hours. Many investors started to panic because most of them just entered the market. Placing buy entries solely because of hype without analyzing the market is always a bad idea. That's why in this article,...

Lido DAO announced on Monday that it is bringing the platform's stETH tokens to a wide range of Layer 2 (L2) networks, specifically those that have demonstrated sufficient “economic activity.” According to the company’s blog post, stETH won’t be available on L2 blockchain directly but rather through a new token called wstETH, which is a wrapped version of stETH.

Ethereum’s long-awaited switch from the resource-intensive Proof-of-Work (PoW) consensus algorithm to up to a 99% more efficient Proof-of-Stake (PoS) mechanism could take place in two months' time. According to Ethereum developers Tim Beiko and Superphiz.eth, the Merge is currently planned to take place about a month after the Goerli testnet moves to PoS as the last Ethereum testnet to merge with the PoS...

The cryptocurrency market managed to slightly gain around 4% in the past week, but still as part of a consolidation. However, Ethereum prices managed to gain more than 15% in the past 7 days. Many crypto investors are asking why is Ethereum up while other cryptos still are in consolidation mode? Well, the answer to this is a fundamental one as there...

Weekly deposits of the Ethereum 2.0 staking contract have been going down recently due to the plunging price of ETH, and are now at the lowest value ever. Ethereum 2.0 Contract Is Now Observing Only 122 32-ETH Deposits Per Day As per a report from analytics firm Glassnode, the ETH 2.0 average deposits have sharply dropped off recently as the crypto's price...