Ethereum Watch

One of the most significant events in the history of cryptocurrency is finally expected to happen this week. Ethereum’s major software upgrade, called The Merge, will fully transition the blockchain platform from its current proof-of-work consensus mechanism to the proof-of-stake model. Ethereum is expected to continue on as normal, only now it will be verified […]

Advertisements Summary: Opera Crypto Browser now supports third-party wallets. Integration for Ethereum wallet Metamask among others was announced this week. The move could be strategic as Ethereum’s switch to proof-of-stake is expected to ship before September 20. Adding support for wallets like Metamask could Opera Browser’s utility and tap into the hype surrounding the merge.  […]

Advertisements Summary: The plan to fork Ethereum’s proof-of-work network now has a timeline. EthereumPoW, the community behind the initiative, said the ETHW Mainnet would go live 24 hours after the merge. Full node data and configurations would be released shortly as well. The community announced the news as Ethereum’s proof-of-stake transition is hours away. Ethereum […]

Advertisements Traders are shorting ETH as The Merge is set to arrive in a few days. These traders could simply be hedging risk. Meanwhile, the Ethereum PoW token ETHW is receiving a lot of attention as an airdrop is imminent. Ethereum’s Merge is seeing heavy activity in the market, with many traders shorting ETH. Among […]

Ethereum is gearing to break out through a key resistance level in the next week. The largest altcoin by market cap was trading at $1,750 after seeing a 1.15% drop in the past day. Advertisements But weekly gains still stand at double digits for Ethereum as it prepares ahead of the Merge. There is growing […]

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 […]

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 […]

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 […]

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 […]

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 […]