After years and years of delays, the Ethereum merge is upon us. The event, when the proof-of-work Ethereum mainnet will merge with the proof-of-stake beacon chain, could happen as soon as Tuesday. (If you want a tech-free analogy for normie friends, I like this charmingly nerdy one from the Ethereum Foundation itself: “Imagine Ethereum is a spaceship that isn’t quite ready for an interstellar voyage. With the Beacon Chain, the community has built a new engine and a hardened hull. After… Source link

A year ago, El Salvador became the first country to make Bitcoin legal tender – alongside the US dollar, which the Central American country adopted in 2001 to replace its own currency, the colón. President Nayib Bukele, a cryptocurrency enthusiast, promoted the initiative as one that would deliver multiple economic benefits. Making Bitcoin legal tender, he said, would attract foreign investment, generate jobs and help “push humanity at least a tiny bit into the right… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin’s [LTC] recent rebound from the $52-baseline has well-positioned the coin to test the resistance barrier in the $62-$64 range. The rebound spurred near-term buying hopes. However, the resistance range has undermined the bullish efforts for the last three months while preventing the streak of green candles. Meanwhile, the altcoin… Source link

Litecoin (LTC) is performing at its peak levels as seen in the past five days. LTC exhibits the formation of a rising parallel channel pattern LTC price is down by 0.69% as of this writing LTC price on a 5-day straight rally registered a growth of 21.4% LTC is having a bull run as validated by the formation of a rising parallel channel pattern touching the key resistance seen at $66. The key resistance zone has been a major hurdle for LTC hindering any bullish… Source link

Zug, Switzerland–(Newsfile Corp. – September 11, 2022) – AmpliFi (#AMPLIFI), led by co-founder Christopher Silk and Jordan Tappan, announces it’s leveraging the Ethereum switch from Proof of Work to Proof of Stake and monetizing it. The first of its kind “decentralized crypto annuity” uses trade fees and platform fees to accrue Ethereum Validators, aiming to ultimately become the largest validator across all major blockchains. (Amplify logo) To view an enhanced version of this graphic, please… Source link

A popular crypto strategist is predicting a fresh leg up for Ethereum (ETH) while mapping out a bullish path for Bitcoin (BTC). In a new strategy session, pseudonymous analyst DonAlt says he’s keeping a close watch on how Ethereum reacts at the $1,700 level. DonAlt predicts that ETH will slice through the $1,700 resistance en route to his target of $2,500. “What we’re doing right now is basically we reclaimed that entire breakdown, so for me this is basically an entire… Source link

The last day of the week is about to be neutral for the cryptocurrency market as some coins keep rising while others have faced correction. ETH/USD The rate of Ethereum (ETH) keeps rising, going up by almost 3% since yesterday. On the local time frame, Ethereum (ETH) is approaching the resistance level at $1,778. Even though the daily ATR has passed, a closure near $1,780 can be a prerequisite for a squeeze to $1,800 soon. On the bigger chart, the situation is also bullish as the… Source link

Bitcoin (BTC) stayed higher into the Sep. 10 weekly close as optimistic forecasts favored $23,000 next. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 targets remain in place Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $21,730 on Bitstamp overnight — the most since Aug. 26. The pair managed to conserve its prior gains despite low-volume weekend trading conditions being apt to amplify any weakness. Among analysts, excitement was palpable going… Source link

An army of computer programmers scattered across the globe is set to attempt one of the biggest software upgrades the crypto sector has ever seen this week to reduce its environmentally unfriendly energy consumption. Developers have spent years working on a more energy-efficient version of the ethereum blockchain, a digital ledger that underpins a multibillion-dollar ecosystem of cryptocurrencies, digital tokens (NFTs), games and apps. Ethereum – the second most… Source link

The price of Bitcoin gained momentum Saturday, rapidly rising more than 10% to barrel past the $21,000 level. Market sentiment has become more bullish as a result of MicroStrategy’s U.S. Securities and Exchange Commission filing to sell $500 million worth of MSTR shares in order to purchase additional Bitcoin. As of this writing, Bitcoin is trading at $21,434, up 8.3% in the last seven days, data from Coingecko show. The publicly traded software company… Source link