Ethereum network is nearing the merger phase of its crucial transition from proof-of-work (PoW) mining consensus to proof-of-stake (PoS). Ethereum (ETH) devs offered a perpetual merger date during a conference call on Thursday. The conference call saw core Ethereum developer Tim Beiko, who runs core protocol meetings, propose September 19 as the tentative target date for the merger. The proposed target date didn’t face any objection from the core… Source link

Ethereum (ETH) gained 12.76% over the past 24 hours, soaring past $1,200.  Ethereum’s bullish price movement can most likely be attributed to the successful testing of one of the last tests before the Merge by Ethereum core developers yesterday. The event itself is expected to happen in September. The highly anticipated upgrade will transition Ethereum from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) network. The upgrade is expected to improve the network’s… Source link

Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called “summer relief.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Altcoin rebound eyed as BTC price adds 11% Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to just tap the $21,000 mark on Bitstamp on the day. A noticeable change of tact had set in after initial losses on the back of forty-year highs for the United States’… Source link

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Bitcoin (BTC) investors in China plan to buy the dip despite an ongoing market correction and a nationwide crypto ban, a new survey shows. Consensus sees Bitcoin at $10K A survey of 2,200 people conducted on China-based social media platform Weibo found that 8% of would buy Bitcoin when its price hits $18,000, according to Wu Blockchain. While 26% of the respondents prefer to wait until BTC reaches $15,000. But a majority anticipated the price to fall even further with 40% saying they would buy… Source link

As we move into 2023, the cryptocurrency landscape continues to change and grow. With new ICOs and coins popping up daily, tracking which ones are worth watching can be challenging. In this blog post, we’ll take a look at three cryptocurrencies that we believe have the potential to become giants in the coming months: RoboApe (RBA), Avalanche (AVAX), and Litecoin (LTC). Keep an eye on these coins! A Coin for The Long Term-  RoboApe (RBA) RoboApe (RBA), is followed by users who want to… Source link

While the crypto and stock markets both remain bearish, Bitcoin’s correlation with stocks is close to its lowest point this year. The 40-day correlation between the largest cryptocurrency and the Nasdaq 100 index is now below 0.50, according to Bloomberg data.  Bitcoin is trading for $20,712 at the time of writing, a 2.5% increase in the past 24 hours according to CoinMarketCap. In contrast, U.S. stocks were hit hard on Thursday as investors worry about the Federal Reserve continuing to… Source link

Ethereum successfully completed one of the last tests required prior to the Merge—the blockchain’s much-anticipated and oft-delayed transition to proof of stake.  The blockchain’s ninth shadow fork went live 15 hours ahead of schedule this morning. Shadow forks, like today’s, practice making one or two particular changes that will take place during the Merge. Shadow forks are different from full testnet hard forks, like last week’s Sepolia testnet, which move the entire Ethereum

Ethereum [ETH] insisted on its sideways momentum while its market consolidated over the last month. Post the bearish flag breakdown, buyers have not been able to break the bonds of the daily 20 EMA (red) resistance. Further, the trendline resistance (white, dashed) has kept the alt’s peaks under bearish control for over three months. Should the current candlestick see a robust close below the $1,045 support, ETH could eye an extended downside in the coming sessions. Any… Source link

“This is the right decision for our community and company,” Celsius co-founder and CEO Alex Mashinsky said in a statement on Wednesday. “We have a strong and experienced team in place to lead Celsius through this process. I am confident that when we look back at the history of Celsius, we will see this as a defining moment, where acting with resolve and confidence served the community and strengthened the future of the company.” Source link