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Day: October 18, 2022

cryptocurrency October 18, 2022

Bitcoin and Ethereum outflows from centralized exchanges have been pointing toward a growing accumulation trend among investors. This saw billions of dollars worth of coins leaving exchanges weekly as investors moved them out. Even now, the exchange outflows have continued despite the recovery in the price of bitcoin and Ethereum, showing that investors are not […]

cryptocurrency October 18, 2022

Advertisements Staked ETH withdrawals and lower gas fees are among the developments expected with the upgrade. Staked ETH withdrawal and lower gas fees are some of the developments expected with the next critical improvements for the Ethereum network, the Shanghai upgrade. The testnet version, dubbed Shandong, is now live.  Developers can now begin working on […]

cryptocurrency October 18, 2022

Advertisements While the Ethereum Merge failed to move Bitcoin from a price standpoint, the industry believes we have yet to see the effects of its shift from PoW to PoS. It’s been a month since Ethereum said goodbye to an essential feature its blockchain shared with Bitcoin (BTC). Called the Ethereum Merge, the long-hyped upgrade […]

cryptocurrency October 18, 2022

Advertisements The EVM-compatible XRP Ledger sidechain is set to undergo its second phase in early 2023 — which will make the chain permissionless and improve scalability. Ripple users may be able to interact with Ethereum-compatible decentralized applications (DApps) in the future following the launch of a test phase of Ripple’s new XRP Ledger sidechain. The […]

cryptocurrency October 18, 2022

Ethereum [ETH], which was the second-largest proof-of-work network, switched to proof of stake due to the Ethereum merge. This led to ETH 2.0, a proof-of-stake network, where stakers took the place of miners to validate network transactions.  Advertisements ___________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum [ETH] for 2022-23 ____________________________________________________________________________________ Data from intelligence platform Glassnode showed […]

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