Monthly Archives: June 2022

Ethereum fork a success as Sepolia testnet gears up to trial the Merge

The difficulty bomb-delaying Gray Glacier hard fork went live on Ethereum on Thursday without a hitch according to the network’s core devs including Ethereum Foundation’s Tim Beiko. The Sepolia testnet is also set to run through its Merge trial over the next few days and is the second last testnet to go through the trial before the official Merge. According to Etherscan, the Gray Glacier hard fork was initiated on block number 15050000 at roughly 6:54 am ET, June 30. The hard fork will… Source link

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El Salvador Purchases 80 Additional Bitcoin at $19K, President Bukele Says – CoinDesk

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Litecoin (LTC) Down 0.02% Thursday: What’s Next?

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has declined 2.3% to $51.55. InvestorsObserver is giving Litecoin a 28 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 28, placing it in the bottom 28% of… Source link

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Ethereum Activates ‘Grey Glacier’ Hard Fork, Merge Likely in September

The hard fork pushed back the so-called “difficulty bomb,” which had been gradually slowing Ethereum block production, improving performance in the short term The Merge has not been scheduled, but the new timing of the difficulty bomb points to when Ethereum core developers think it will take effect Ethereum’s scheduled Grey Glacier hard fork went into effect on Thursday at 6:54 am ET — Block 15050000 to… Source link

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Monero [XMR] traders need to be wary of this before placing calls

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Post a rising wedge-like (white) setup, Monero [XMR] expectedly saw a breakdown in the four-hour timeframe. While the last few days saw steady growth from the lows of $99, the sellers found renewed pressure at the $132 resistance. With the recent hike in selling volumes, the sellers have negated the buying efforts while pulling the price below… Source link

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Ethereum Faces Crash to $600 as Crypto Bear Persists

Key Takeaways Ethereum has retraced by more than 20% over the past four days. Meanwhile, nearly 193,000 Ethereum has been sent to crypto exchanges.  Further selling pressure could trigger a correction toward $600.   Share this article Ethereum looks like it’s at risk of a steep correction as crypto’s rocky June draws to a close. Market participants are rushing to exchanges to exit their positions, while Ethereum is sitting on little to no support. Ethereum Faces Lower… Source link

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‘Gray Glacier’ Upgrade Goes Live on Ethereum Network

It’s another day, another upgrade for Ethereum as the world’s largest smart contracts platform has just rolled out a new major update. Called “Gray Glacier,” the upgrade occurred at block 15,050,000 on June 30 with the sole goal of introducing changes to the parameters of the network’s difficulty bomb, pushing it back by 700,000 blocks, or roughly 100 days. The Gray Glacier upgrade is the network’s hard fork, which means it is creating new rules to improve the system and requires… Source link

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Ethereum $1K price support in danger as Q2 comes to a close

Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further declines heading into Q3. ETH price breakdown underway ETH’s price plunged nearly 5% this June 30 to $1,044 following a four-day losing streak. The ETH/USD pair has also broke below its interim rising trendline support, which in conjugation with a horizontal trendline resistance to… Source link

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