A moment that’s been years in the making is approaching fast—the Ethereum blockchain will soon abandon mining and transition to Proof-of-Stake (PoS) consensus The exact time of when the Merge will happen will depend on conditions on the Ethereum blockchain, although practically all estimates say it will most likely happen in mid-September. The biggest improvement that we’ll see immediately after the Merge is a drastic reduction in Ethereum’s environmental impact. The Ethereum… Source link

Text size A Bitcoin rebound is vulnerable to macro pressures. Dreamstime Bitcoin … Source link

Text size Bitcoin prices have crashed, but the case for portfolio diversification with crypto hasn’t. Dreamstime … Source link

Ethereum’s native token Ether (ETH) shows the potential to log major gains versus Bitcoin (BTC) with the ETH/BTC pair nearing yearly highs.  Ether paints classic bullish reversal pattern The bullish cues come from a classic technical pattern called the inverse head and shoulders, which develops when the price forms three troughs below a common support level known as neckline. The middle trough, or head, is deeper than the other two, called the shoulders.  An inverse head and shoulders setup… Source link

Litecoin [LTC] experienced some selling pressure at the start of the week as the bears took over market dominance. The resulting downside has subsequently pushed LTC towards its August support level, thus entering an uncertainty zone. The level of uncertainty among Litecoin’s investors is evident in its supply distribution. Whales holding between 100,000 and one million LTC coins increased their balances in the last two days. In contrast, addresses holding between 10,000 and… Source link

As September 13th, the date of the much anticipated Ethereum mainnet merge approaches, the crypto community believes it will determine the fate of both the Ethereum blockchain and the wider crypto ecosystem. However, there is another event set to take place on the same day that may impact the market, the release of the US CPI and inflation data. Crypto Analyst: The Merge Will Not Impact The Fate of ETH And The Wider Crypto Market The reputable crypto analyst,… Source link

In recent times, the blockchain world hasn’t been able to get over the impact of these currencies Supontis (PON), Cardano (ADA), and Monero (XMR). There is still room for inventive cryptocurrencies to make a mark on the cryptocurrency market. Despite developments happening on a daily basis and new cryptocurrencies being generated, these three tokens are making waves in the market. In this article, we discuss in detail how Supontis (PON) might be the best cryptocurrency to buy right… Source link

Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior. According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month. Analyst: Whales protectin positions “forming a local bottom” As BTC/USD hit its lowest levels since the end of June, whales were responding kind. In one of its Quicktake market updates posted on Sept. 7, CryptoQuant analyst Maartunn flagged a marked uptick in… Source link

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Ethereum Classic (ETC), Ethereum (ETH), and Lido Finance (Lido) are just some of the cryptocurrencies that have taken significant losses in the last couple of days due to their association with the merger. However, Ethereum Classic is making a bullish reversal of 9.36% in 24 hours.  Previously, Ethereum Classic has plunged by 13% as all eyes have been on ETC and the other Ethereum alternatives as the crypto community near The… Source link