Ethereum Watch

Advertisements Ethereum makes a successful transition from its earlier proof of work to proof of stake consensus  Ethereum is now a legitimate proof of stake consensus blockchain.  Ethereum’s highly anticipated network upgrade dubbed the “Merge” has finally been launched on the Ethereum mainnet. The upgrade is set to cut Ethereum’s energy consumption by half, making […]

Advertisements The Ethereum proof-of-stake consensus mechanism will cut energy consumption by a massive 99.95% compared to the proof-of-work system. The Ethereum Merge has officially taken place, marking the full transition of the network to proof-of-stake (PoS).  On Sept. 15 at 06:42:42 UTC at block 15537393, the long-awaited Merge saw the merging of the Ethereum Mainnet […]

Advertisements The Ethereum blockchain is set to bid farewell to proof-of-work, and welcome proof-of-stake as the mainnet merges with the Beacon Chain. Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoS) is upon us as the Merge looms in less than 10 hours. There’s plenty to consider for the wider cryptocurrency space — and here’s […]

Advertisements ETCs hash rate has reached an all-time high of 64 Terra Hashes.  The surging hash rate indicates an increased mining activity on the ETC network Ethereum Classic’s hashrate has breached past its usual metrics, ascending to new highs of 64 TH/s.  Ethereum Classic’s Online Activity Is Surging Ahead Of The Upcoming Merge Upgrade  Ethereum […]

Advertisements Summary: Crypto exchange Bybit intends to support ETHW, the proof-of-work hard fork of Ethereum’s blockchain. Bybit said ETHW tokens would be listed after the merge. The crypto exchange will also support airdrops, deposits, and trading for ETHW coins eight hours after the upgrade. Major cryptocurrency exchange Bybit will support the Ethereum proof-of-work hard fork […]

Advertisements Summary: Major crypto exchanges like Binance, Coinbase, and FTX released their operational plans for the merge. While some plans differ, most platforms intend to support Ethereum’s switch from proof-of-work to proof-of-stake. The merge is less than 24 hours away at press time. Developers expect the Paris update to go live and signal the full […]

Advertisements Nansen published a report on censorship risk and the selling pressure of Ethereum following The Merge. It does not believe there to be selling pressure for a variety of reasons. Meanwhile, investors are anticipating a bump in the price of Ethereum, while some traders are shorting ETH to hedge their risk. Data platform Nansen […]

Ethereum [ETH] will release the Merge on the beacon chain in the next few days. This event has engrossed the larger crypto community for a long time now. The anticipations around the Merge have led to high activity surrounding Ethereum on social platforms. Advertisements In a recent tweet, Santiment claimed that “Social interest in the […]

Advertisements LDO price faces downside risks from “sell-the-news” sentiment coupled with a bearish technical setup. Lido DAO (LDO) has declined by more than 40% in the last 30 days with more room to fall in the coming days amid a potential sell-the-news event, i.e. the Merge. Lido DAO Ether deposits surge 160% in 2022 Lido DAO is […]

Advertisements BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery? Crypto and stock markets are feeling the pain after the Sept. 13 inflation report printed an unexpectedly hot figure that showed headline inflation rising by 0.1% month-over-month. Even with gas […]