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Day: August 4, 2022

cryptocurrency August 4, 2022

Ethereum has lost steam after a week of trading in profits. The elements for a potential extension of the bullish momentum were laid out in the macro-economic stage. Still, rising tensions between China and the United States have brought back uncertainty to the global financial world. Advertisements U.S. Congresswoman and Speaker of the House of […]

cryptocurrency August 4, 2022

Advertisements Lido’s liquid staking derivative token has over 90% of the Ethereum market share as the network ultimately transitions to proof-of-stake. After a successful third testnet merge, Sept. 19 was recently proposed as the tentative target date for the Ethereum Merge. Ethereum is set to fully transition from proof-of-work (PoW), the original consensus mechanism used […]

cryptocurrency August 4, 2022

Advertisements Summary: Revenue from Ethereum mining has surpassed proceeds boasted by Bitcoin miners. Arcane research shows that ETH miners have generated around $11 billion in 2022 so far. Bitcoin miners have managed $10 billion as of press time. Ethereum’s switch to Proof-of-work could ultimately eliminate the role of miners on the network. The transition dubbed […]

cryptocurrency August 4, 2022

People have been feeling the heat of falling prices throughout 2022. Even after the recent rebound, exchange balances have been rising while the top non-exchange balance continues to decrease. Advertisements Stacking up It is no secret that crypto prices have dropped ridiculously over the first half of 2022. Like other cryptocurrencies, ETH is seeing a […]

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