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Month: September 2022

cryptocurrency September 12, 2022

The overall crypto market shows signs of price reversal from the downtrend, boosting investors’ confidence. To start with, the week started well for BTC as the market saw its price above $22K. Advertisements Bitcoin had traded below the $20K price mark until the close of the market on September 9, when it hit $21,381.15. BTC […]

cryptocurrency September 12, 2022

Ethereum [ETH] appears to be stepping up a notch after dropping to sub $1400 levels towards the end of August. This is reflected in ETH’s performance in recent days as the anticipation of the Merge continues to attract investors. Advertisements According to CoinMarketCap, on 11 September, ETH was trading at $1,770 after another impressive performance […]

cryptocurrency September 12, 2022

Advertisements Summary: CME Group expands its Ether-based offerings days before Ethereum’s proof-of-stake transition. The Merge is expected to arrive this week between September 13-15. The latest product brings options on ETH futures to investors. CME announced the offering in August, per EWN’s report on the matter. Ether options trading volume hit an eight-month high back […]

cryptocurrency September 12, 2022

Advertisements Summary: USDT issuer Tether supports Ethereum’s upcoming proof-of-stake transition. Tether stressed only ETH PoS would receive backing. Support for hard-forked proof-of-work Ethereum chains seems unlikely at press time. The top two stablecoins have declared full support for the Merge. Other protocols like Chainlink and exchanges like Coinbase have announced similar decisions. Tether, the digital […]

cryptocurrency September 12, 2022

Advertisements The prototype infrastructure for Norway’s central bank digital currency is based on Ethereum, the Norges Bank officially stated. The central bank of Norway has hit a major milestone in digital currency efforts, releasing the open source code for the country’s central bank digital currency (CBDC) sandbox. Available on GitHub, the sandbox is designed to offer […]

cryptocurrency September 12, 2022

Advertisements The new feature has been added with just days left until the long-awaited Ethereum Merge. As a sign of support for the upcoming Ethereum Merge, tech juggernaut Google is marking the time left until the upgrade with a new countdown timer.  Typing any variation of “Ethereum Merge” or “The Merge” into the search engine […]

cryptocurrency September 10, 2022

Advertisements The thirteenth Ethereum shadow fork upgrade has been finally deployed on the mainnet  A shadow fork is simply a test fork run by the devs to check whether the network is equipped to handle the network alterations that the final upgrade will essentially be deploying on the network Nethermind, Ethereum-based research, and development company […]

cryptocurrency September 10, 2022

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 […]