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The Ethereum merge is poised to be one of the momentous events in cryptocurrency history. Why? The Ethereum blockchain, the protocol that underpins many non-fungible tokens (NFTs), is in hot water for being an energy-guzzling network — and the founders are determined to do something about that. As such, later this year, Ethereum is ditching its former energy-intensive system and adopting a more environmentally friendly method. This is a huge win for atmosphere’s health, and green-focused… Source link

Ads by Money. We may be compensated if you click this ad.Ad Enter Your ZIP Code and Start Consolidating Your Debt The crypto industry is getting excited for a big event known as “the Merge” — which proponents say could boost prices in the long run and significantly change the future of cryptocurrency. The Merge is an upgrade to the Ethereum blockchain, the technology that fuels the second largest cryptocurrency and other… Source link

Bitcoin (BTC) bulls should not get excited about the recovery from the June lows of $17,500 just yet as BTC heads into its riskiest month in the coming days. The psychology behind the “September effect” Historic data shows September being Bitcoin’s most worst month between 2013 and 2021, except in 2015 and 2016. At the same time, the average Bitcoin price decline in the month is a modest -6%. Bitcoin monthly returns. Source: CoinGlass Interestingly, Bitcoin’s poor track record across the… Source link

Monero (XMR) gets a neutral rating from InvestorsObserver Friday. The crypto is down 0.44% to $152.99 while the broader crypto market is down 1.49%. Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Neutral Over the last five days, Monero has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over… Source link

Text size Bitcoin prices have been hovering in a range of $20,000 to $24,000. Dreamstime … Source link

Holders of Ethereum Classic (ETC) are cautiously watching the mining activity of its blockchain, as the approaching merge of Ethereum (ETH) and its transition to the proof-of-stake consensus mechanism puts more attention on the six-year-old cryptocurrency. The drastic jump in activity may signal a shift in focus for cryptocurrency miners. It could also reduce the risks of a so-called “51% attack” on ETC, which have been levied against the blockchain in the past. The hash rate of the Ethereum… Source link

Ethereum is a few weeks away from officially moving to a proof-of-stake (PoS) mining consensus from its current proof-of-work (PoW) one. The transition officially dubbed the Merge is slated for Sept. 15, but in the run-up to the major upgrade, Ethereum node centralization has become a hot topic. As Cointelegraph reported last week, the majority of 4,653 active Ethereum nodes are being run through centralized web providers like Amazon Web Services (AWS), which experts believe could expose the… Source link

President Biden offers a student debt relief program addressing the middle class’s dilemma of growing college costs. Macro technicals suggest a Bitcoin price bull run would conservatively 2x from the current market value  BTC price bullrun depends on the $13,880 price level remaining untagged,  Bitcoin price macro potential is still very much intact. As a response to President Biden’s debt relief program, investors may finally exercise bravery in the free… Source link

The Flow network’s FLOW token, which can be used to build NFTs and decentralized applications (dapps) such as games on the Web3 platform, slumped 20% during the past seven days. FLOW’s decline was the second largest during that period among 52 cryptocurrencies with a market cap over $1 billion, according to crypto data and analysis firm Messari. Source link