Ethereum

Why Ethereum’s Beacon Chain stands to be of utmost importance post-Merge

The Ethereum Beacon chain is a ledger of accounts that conducts and coordinates the network of stakers. It was designed to replace proof-of-work (PoW) mining on the current Ethereum Mainnet. Blockchain analytics platform Glassnode and crypto price tracking platform CoinMarketCap released a new report. The newly published report assessed the state of the Ethereum Beacon chain ahead of the Merge.  The final lap of the Ethereum Merge is scheduled to take place between 10… Source link

Read More »

Ethereum (ETH) Price Prediction 2025-2030: Is $50K really a realistic target for 2030?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Ethereum is the market’s most well-known altcoin. In fact, as far as brand recognition is concerned, ETH rivals BTC in many circles. Needless to say, this has fueled talks about the world’s largest altcoin flipping the world’s largest cryptocurrency on the price charts. According to experts, it could… Source link

Read More »

Why DeFi Speculators Are Borrowing Ethereum as Merge Looms

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) With Ethereum’s merge event just days away, the entire industry is preparing for the network’s most highly-anticipated upgrade. Bounty hunters are on the lookout for any bugs in the code; blockchain firm ConsenSys is launching so-called “sustainable” NFTs to celebrate the occasion; and crypto exchanges are making room for another potential fork of the Ethereum blockchain. DeFi degens are also keeping a close eye on… Source link

Read More »

Top Crypto Trader Predicts Sizeable Gains for Bitcoin (BTC) and Ethereum (ETH) – But There’s a Catch

A popular crypto analyst thinks both Bitcoin (BTC) and Ethereum (ETH) could capitalize on their recent momentum and move even higher. The pseudonymous crypto trader known as Altcoin Sherpa tells his 182,800 Twitter followers that Bitcoin could soon surge by another 8% if it reaches $21,700. “Squeeze came. $21,000ish hit. I think it’s best to take profit if you bought yesterday/last few days. this is an area of resistance and 200 exponential moving average on the 4-hour… Source link

Read More »

ETH Testnet Kiln To Be Shutdown During Merge Week

ETH Testnet Kiln To Be Shutdown During Merge Week

Ethereum Foundation on Friday announced the shutdown of the Ethereum Merge testnet Kiln during the week of September 12. Moreover, Ropsten and Rinkeby testnets will also deprecate and shut down after the Merge in Q4 2022 and Q3 2023, respectively. As per Ethereum co-founder Vitalik Buterin, the Merge is estimated to happen between September 13-15. Ethereum Foundation Announces Kiln Testnet Shutdown Ethereum Foundation in an official announcement on September 9 said the Kiln testnet… Source link

Read More »

Ethereum: After a dampened sentiment, ETH notices some shift in demand

The Ethereum [ETH] Merge expectations remain high especially now that D-day is less than two weeks away. The same cannot be said for ETH’s demand that has been heavily affected by macro factors especially in the first week of September. Nonetheless, the demand for ETH achieved a swift recovery in the last three days as the tides shifted. ETH, along with most of the top cryptocurrencies, appeared to be headed downward earlier in the week as sentiments dampened. Instead, the… Source link

Read More »

The Ethereum merge could kick off a transformation in crypto’s battered reputation

Cryptocurrencies might still be a very long way from their highs of 2021, but some of the major ones have staged some decent recoveries in the past couple of months. Notably ether (ETH), the second largest cryptocurrency after bitcoin, is trading at almost US$1,700 (£1,463) at the time of writing, having dropped as low as US$876 in mid-June. Ether, which was created by Canadian/Russian programmer Vitalik Buterin, is the cryptocurrency used for transactions on Ethereum, the leading… Source link

Read More »

Ethereum’s potential fork ETHPOW has crashed 80% since debut — More pain ahead?

Ethereum’s potential fork ETHPOW has crashed 80% since debut — More pain ahead?

The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success.  ETHPOW drops 80%  On the daily chart, ETHW’s price dropped by more than 80% to $25 on Sept. 10, over a month after its market debut. ETHW/USD daily price chart. Source: TradingView For starters, ETHPOW only exists as a futures ticker, for now, conceived in anticipation that an upcoming network update on Ethereum could result in a chain split. Ethereum will… Source link

Read More »

BTC Beyond $21,000, ETH Above $1,700 as Powell Remains Hawkish – Market Updates Bitcoin News

BTC Beyond ,000, ETH Above ,700 as Powell Remains Hawkish – Market Updates Bitcoin News

Bitcoin rose by over $2,000 in the last 24 hours, as markets responded to bullish comments from United States Federal Reserve Chair Jerome Powell. Speaking yesterday, Powell stated, “We need to act now, forthrightly, strongly as we have been doing.” Ethereum also surged, moving above $1,700 on Friday. Bitcoin Bitcoin (BTC) rose rapidly during today’s session, as markets responded to bullish comments from Jerome Powell. Speaking on Thursday, the Fed Chair hinted at further rate… Source link

Read More »