Ethereum

As expected, Ethereum has been doing poorly since the much-touted Merge event. This was a groundbreaking moment for the crypto industry. Although the Merge was anticipated to boost investor confidence, it occurred at the worst possible time. The Merge took place at an interesting point in crypto history. The update went up on September 15—just two days after the United States CPI data was made public. There was a widespread selloff in the stock markets because… Source link

With bitcoin holding steady even as the Fed raises its benchmark rate by another 0.75 percentage points, plus a look at implications of the newly upgraded Ethereum, CoinDesk’s “Markets Daily” is back with the latest news roundup. September 22, 2022 Listen on: Source link

ETHW was created by miners, but what happens next? – Photo: Shutterstock It’s one of the more potentially interesting new cryptocurrencies, but what is ethereum pow (ETHW)? Let’s take a look and see what we can find out about this coin, and also examine some of the few ethereum pow price predictions that were being made as of 22 September 2022, too.  What is Ethereum PoW? Ethereum is one of the biggest blockchains out there, and its native ether (ETH) coin is the second-largest

Billionaire Mike Novogratz is predicting Ethereum (ETH) is near the bottom after its successful merge upgrade earlier this month. In a new CNBC interview, the CEO of Galaxy Digital praises the Ethereum merge and makes a bottom price prediction, while also ruling out a “catastrophic fall” in the price of Bitcoin (BTC). “Ethereum has had a pretty big move down. We had the merge. The merge was an amazing accomplishment in lots of ways, right? It shows that a decentralized… Source link

Ethereum price hit a floor of $1,243.89 in the aftermath of the Fed rate decision. ETH price could not try and get away from the dollar pressure holding cryptocurrencies in its grasp. With five other central banks scheduled to make announcements today, expect to see violent moves in forex and crypto markets. Ethereum (ETH) price is getting a lesson on central banking 101 on Thursday as over five central banks are set to shed light on the current economic situation… Source link

Ethereum has been in the heat of discussion on social media following the release of the Merge last week. However, everything has not gone according to plan as ETH prices have dropped below $1,350. In fact, Ether’s weekly losses are now at more than 17% according to CoinMarketCap. But anonymous crypto enthusiast (@CryptoGucci) believes all hope is not lost for Ethereum in a recent tweet thread. The past 48 hours in #Ethereum, a quick thread🧵 — Crypto-Gucci.eth… Source link

Cryptocurrency research platform Messari, in a new report, assessed the performance of Ethereum [ETH] in Q3 2022. Titled “State of Ethereum Q3 2022,” Messari found that the blockchain witnessed an uptick in activity on the network in Q3 over the last quarter. However, the network also logged some sectoral declines and suffered a general drop in revenue due to the activities of Layer 2 scaling solutions. In that case did ETH witness some actual growth?  Network… Source link

Ethereum (ETH) co-founder Anthony Di lorio is unveiling what he thinks could be the best-case scenario for the leading smart contract platform. Di Iorio tells Scott Melker in a new interview that Ethereum ideally will bring massive improvements to people’s lives by creating an ecosystem that seeks to provide real value. “I think something that can radically provide improvements to people’s lives in many different sectors by creating more efficiencies, by making things… Source link

Ethereum miners have sold over 14,785 ETH, totaling $19.73 million as of today’s price, from September 9 up to the day of the merge, according to data from OKLink.  OKLink pulls mining data across a dozen different mining pools, including F2Pool, Binance, and BTC.com On September 12, the miners reduced their holdings by 2,767 ETH, followed by another 4,121 ETH the next day.The largest sale came on September 14, the day before the Ethereum merge.  Miners at that time offloaded nearly 8,032… Source link

Ethereum’s switch to proof-of-stake (PoS) on Sept. 15 failed to extend Ether’s (ETH) upside momentum as ETH miners added sell pressure to the market.  On the daily chart, ETH price declined from around $1,650 on Sept. 15 to around $1,350 on Sept. 20, an almost 16% drop. The ETH/USD pair dropped in sync with other top cryptocurrencies, including Bitcoin (BTC), amid worries about higher Federal Reserve rate hikes. ETH/USD daily price chart. Source: TradingView Ethereum remains inflationary The… Source link