Ethereum

Update 6/13/2022 05:35 PT: The valuation of Ethereum has continued to drop over the weekend. When we wrote about the 15-month lows being hit, we would never have predicted a drop to 18-month lows by Monday. At the time of writing 1ETH is worth just $1,239. This represents a near 15% drop in value over the last 24 hours. We’ve updated the original story to reflect the updated news. Updated Story Cryptocurrencies aren’t faring well as we hit the second weekend in June. Ethereum has been hit… Source link

The Ethereum price is crashing – we spoke to two crypto founders who think the premier smart contract platform has a lot further to fall… before it rises again to even loftier heights. Brothers Oscar and Barney Chambers, the founders of the Umbria Network, think the Merge – Ethereum’s migration from Proof of Work to a cheaper and faster to run Proof of Stake system – won’t happen in August and will be subject to further delays. When it does go live, they believe it will be… Source link

Ethereum (ETH) and Bitcoin (BTC) are the world’s first two cryptocurrencies, as well as the two most valuable in terms of total market capitalization, with key characteristics that distinguish them from one another. Bitcoin and Ethereum have a lot in common: They are digital assets that are stored in digital wallets, have alphanumeric addresses, are sold on cryptocurrency exchanges, and are based on a publicly visible distributed ledger called a blockchain. These two… Source link

Yuri Molchan Second largest digital token has plunged over weekend, and now experts believe more downward movement may happen Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. After… Source link

Source: Adobe/PRASERT   The bitcoin (BTC) and crypto market came under heavy selling pressure on Monday, fueled by fears in nearly all global risk markets related to high inflation and what the US Federal Reserve (Fed) might do to tame it. At the same time, the drama surrounding crypto lending platform Celsius (CEL) is adding fuel to the fire. At 10:12 UTC, bitcoin (BTC) was down 12% over the past 24 hours and 19% over the past 7… Source link

Over the past week, Ethereum [ETH] has noted its third-highest drop in 2022 after the May crash and the January dip. Simply put, it has been falling for the second consecutive month. This 21.52% depreciation has killed the hopes of investors who were expecting a return to $3k by the end of the month. This, after “conquering” the levels of $2k. Unfortunately for many, that won’t be the case. Ethereum: Fall of the altcoin king? From its all-time high to its yearly low, the Fibonacci… Source link

‘The value of crypto is just based on what one person decides how much another person will pay for it’ – says Microsoft co-founder Bill Gates Cryptocurrency market is down 6.73% on the last 24 hours (10am, 13 June 2022). After gains and record highs in 2021, crypto currencies are enduring a turbulent time with unpredictable price changes. Sign up to our Money Savers newsletter Bitcoin (BTC) -9.52% (£20,286.78) Ethereum (ETH) -12.20% (£1,047.41) Tether (USDT) +0.55% (£0.82) BNB (BNB) -9.00%… Source link

New Delhi: The crypto winter hammered cryptocurrencies on Monday as the price of a single Bitcoin fell sharply to around $25,600, an 18-month low. The world’s largest cryptocurrency further tanked 7% over fears of risk-off sentiment due to a sharp rise in inflation globally, especially the US. Bitcoin (BTC) had reached an all-time high of over $68,000 in November 2021, and has fallen more than 60 per cent since then. According to analysts, Bitcoin may hit a grim $14,000 this year at this… Source link

Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain. They set the delay to two months in order to “be sure that we sanity check all the numbers before selecting an exact delay and deployment time,” according to core developer Tim Beiko in a Sunday tweet. In short, we agreed to the bomb delay. We were already over time, and want to be sure that we sanity check all the numbers before… Source link

Ethereum core developers met on Friday and decided to delay the handling of the “difficulty bomb”, a crucial catalyst in Ethereum’s long-anticipated “Merge,” which will migrate the network from a proof-of-work consensus to proof-of-stake.  The difficulty bomb was planted in Ethereum’s code in 2015 as a measure to force validators to accept the merge. An implementation of the merge dubbed went live on the Ropsten testnet earlier this past week. Following the testnet merge and… Source link