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Day: September 19, 2022

Ethereum Could Gain 10% Before ETH Resumes Its Reversal

cryptocurrency September 19, 2022

With the latest price drop in the first half of this month, Ethereum has reached a new low. Ethereum, as of late, has been estimated to be worth around $1,420. Ethereum’s future, though, appears to be gloomier at the moment. Advertisements The current price of one ether is below the 61.80 Fibonacci level, which is […]

Does the Ethereum Merge offer a new destination for institutional investors?

cryptocurrency September 19, 2022

Advertisements Pension funds, insurance companies and other institutional investors matter because they invest for the long term, helping solve crypto’s volatility problem. Last week’s Merge was the “most significant development in the history of the Ethereum network,” according to Fidelity Digital.  And from a purely technical standpoint, the blockchain network’s transition from a proof-of-work (PoW) […]

How did Lido Finance [LDO] do, before and after Ethereum’s Merge

cryptocurrency September 19, 2022

Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance.  Advertisements Interestingly, data from Dune Analytics revealed that at press time, with 4,170,811 ETH staked with the liquid staking platform, it still holds over 30% […]

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