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Day: October 24, 2022

cryptocurrency October 24, 2022

Advertisements Ethereum became deflationary after its September Merge. But for now, it’s not going to make much of a difference. Ethereum’s long-awaited Merge took place in September, shifting it from a legacy proof-of-work (POW) model to the sustainable proof-of-stake (PoS) consensus algorithm. Many observers expected Ether’s (ETH) price to respond positively as its daily emissions […]

cryptocurrency October 24, 2022

Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions.  Advertisements At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying […]

cryptocurrency October 24, 2022

Advertisements Ethereum’s transition to PoS was celebrated as a key upgrade. However, a month after the move, centralization concerns are mounting high. Ethereum went through a key network upgrade on Sept. 15, shifting from its proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The key upgrade is dubbed the Merge.  The Merge was slated […]

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