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Every crypto investor has probably heard by now that the Merge will be the single most important event in crypto history. It will transform Ethereum (ETH 1.10%) from a proof-of-work blockchain into a proof-of-stake blockchain, ushering in a new era of ultrascalability, lower transaction fees, incredible energy efficiency, and higher throughput capacity. This, in turn, will bolster the number of use cases for Ethereum and guarantee its place as the most important blockchain in… Source link

Ethereum Classic (ETC),  a hard fork of Ethereum executed following the 2016 DAO hack, hit an all-time high record hash rate of 48.82 terra hashes per second (TH/s) yesterday, per data from 2miners. ETC, the native token of the Ethereum Classic network, has since jumped nearly 12% over the past 24 hours and trades at around $35.6, according to data from CoinMarketCap. The coin has surged over 60% in the past 90 days from $21.40 to $35.6 today. Hashrate is the total computational power used… Source link

The “falling wedge” pattern begins wide at the top and contracts as prices move lower, causing the two descending trend lines to converge as the pattern matures. The converging nature of trend lines represents shallower lows, a sign of decreasing selling pressure. Therefore, a breakout is taken to mean a bullish revival. Source link

The success of meme coins in the cryptocurrency market has led to the launch of many fun tokens. Dogeliens (DOGET) is the latest to join the class. It showcases next-generation features lacking meme tokens in achieving interoperability or giving earning options. Thus, DOGET ensures a break from the past and sets a new trend in the coin market. Dogeliens brings several innovative features to further DOGET adoption and make users loyal. These are new to the meme coin market and can… Source link

Nearly 100,000 Ether was staked in a single day ahead of the Merge, the highly anticipated transition to proof-of-stake.  The Ethereum blockchain hit a new milestone, surpassing 1.7 billion transactions.  Ethereum eyes a bullish target of $3,300, analysts predict a rally in the altcoin.  Ethereum Merge is scheduled for September 13, as the event draws close the altcoin has hit a new milestone. Analysts are bullish on Ethereum and predict a rally in the altcoin,… Source link

Litecoin prices see markets opening laden with negative sentiment as European energy crisis rattles markets. LTC price faces headwinds from the energy crisis with dollar strength weighing on price action. Expect to see a possible downside as investors flee to safe havens. Litecoin (LTC) price slips over 1% in ASIA PAC and European trading after Russia halts gas supplies to Europe. Not only does this mean trouble for the European bloc as its energy needs and… Source link

Monero (XMR) gets a bullish rating from InvestorsObserver Monday. The crypto is up 1.17% to $156.92 while the broader crypto market is down 0.48%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over… Source link

Text size Bitcoin continues to trade at less than one-third its all-time high from November 2021. Ozan Kose/AFP via Getty Images … Source link

Text size Bitcoin continues to trade at less than one-third its all-time high from November 2021. Ozan Kose/AFP via Getty Images … Source link