Ethereum

As we close in on the Merge, Ethereum is facing a crucial junction on its course. The Merge preparations are doing very well on the network as the ETH 2.0 deposit contracts continue to register new all-time highs (ATHs). Meanwhile, stablecoin activity on Ethereum has been increasing according to a recent tweet by analytic firm Santiment. USDT on Optimism is almost nothing compared to USDT on Ethereum. DAI on Optimism is also increasing and could flip its holdings on Ethereum… Source link

A popular crypto analyst is examining how one upstart blockchain designed for scalability compares to the leading smart contract platform. In a new video, the anonymous host of InvestAnswers provides his 444,000 YouTube subscribers with a detailed analysis comparing Ethereum (ETH) with rival Solana (SOL). The host first considers technical metrics as transactions per second (TPS) and number of decentralized applications (DApps) built on each project’s respective… Source link

In recent months, the Ethereum (ETH) network has been the centre of conversation within the cryptocurrency community ahead of the Merge upgrade. The announcement of the historic upgrade briefly resulted in Ethereum surging in value, but has since experienced bearish moves due to the broader crypto market volatility.  In this line, the number of Ethereum addresses in loss hit a new monthly high based on a seven-day moving average at 38,001,366 as of August 30, data by blockchain… Source link

Hetzner’s Decision Spurs Debate About Decentralization of Crypto Infrastructure Struggles to decentralize have long shaped the development of smart contract and governance layers in the crypto ecosystem.  Last week something else struck: Hetzner, the second largest hosting provider for Ethereum, clarified that crypto miners may not use its server farms to support the blockchain network, or any other crypto venture.  ‘Not Permitted’ “Using our products for any application related to… Source link

According to data from BestBrokers, Ethereum staking solutions remain popular as the network gears up for “The Merge”. In the event that will complete this network transitions to Proof-of-Stake (PoS), users seem to be piling up for a shot at receiving a portion of the rewards for securing the network. Currently, Ethereum operates with a Proof-of-Work (PoW) algorithm that requires users to participate in a process of solving mathematical problems to validate… Source link

tobiasjo/iStock via Getty Images Thesis Summary With the Ethereum (ETH-USD) merge right around the corner, investors are beginning to place their bets on the outcome. There are at least three possible scenarios, if not more, and specific financial instruments have been designed for betting on any of these outcomes. In this article, I look at the history of Ethereum’s forks to try to gain some insight into what could happen and lay out my expectations as to what will happen to Ethereum in the… Source link

The crypto market is yet to recover from a spike in selling pressure over the weekend, with Ethereum and other cryptocurrencies almost reaching double-digit losses. Bitcoin has been one of the worst performers these past few days and might weaken during September. In the coming weeks, market participants will have their attention set on the Ethereum “Merge”, the event that will complete this network’s migration to a Proof-of-Stake (PoS) consensus. The narrative surrounding this event… Source link

The rampage continues for Ethereum as the alt faltered in the market on 28 August. Investors are elated to see that the Merge is finally happening after a series of delays over the past year. But Ethereum is facing a torrid time in the market with trader expectations taking a massive hit at least until the Merge. The prized altcoin has now lost the $1,500 support line and has been hovering below it for the past two days. Despite a couple of rare surges, ETH continues to lag in… Source link

The cryptocurrency market, especially Ethereum, continues to see red signals throughout the ecosystem. However, despite such cautionary signs, stakers & holders continue to build their Ethereum (Merge) castle. Falling, but not dead The crypto-industry shed 6.8% of its value within the last 24 hours, with over $300 million positions liquidated in the bloodbath. Ethereum, the market’s largest altcoin, might have suffered the most here. In fact, at press time, ETH’s value had… Source link

Several key cryptocurrencies fell dramatically Sunday evening as traditional markets dropped heading into a new trading week. Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), Solana, and meme coin Dogecoin (DOGE) all saw values fall sharply within a two-hour window as the sun set on the U.S. East Coast, many logging drops of over 3% over the prior 24 hours. Bitcoin fell to $19,617 on Sunday evening, below the last dip to $17,760 seen on July 18, according to CoinGecko. The decline… Source link