Ethereum Watch

Advertisements A classic bearish reversal pattern suggests pain ahead for the ETH/BTC pair despite Ethereum’s milestone Merge event. Ethereum’s native token Ether (ETH) has been forming an inverse-cup-and-handle pattern since May 2021 on the weekly chart, which hints at a potential decline against Bitcoin (BTC).  ETH/BTC weekly price chart featuring inverse cup-and-handle breakdown setup. Source: TradingView […]

Finally, the Ethereum Merge long-awaited Merge has occurred. As the most hyped historic event in the crypto space, many people projected different sentiments about the upgrade. Parts of the pre-merge reactions were negative. Advertisements With the official conclusion of the Paris upgrade, popularly known as the Merge, the Ethereum network transited from PoW to PoS. […]

Advertisements Data released hours after the Merge prompted concerns about the alleged centralization of PoS. Analysis from Santiment indicates that 46.15% of Ethereum’s PoS nodes are controlled by only 2 addresses. Hours after the Merge, the first address has validated about 188 blocks or 28.97% of the nodes, and the second has validated 16.18%, or […]

Advertisements The ETHW token’s value has dropped 60% a day after its launch on the mainnet. The token was earlier trading at $60.08. However, at press time, the token has documented a fall of 60% and is currently sitting at $11.75. The Ethereum PoW fork token, which launched 24 hours after the Ethereum merge deployment, […]

Advertisements SEC Chair Gary Gensler said that Ethereum’s switch to Proof-of-Stake could trigger securities laws. Gensler believes that the staking model could make Ethereum pass a key part of the Howey test. Gensler is keen on regulating many crypto tokens under securities laws. United States Securities and Exchange Commission (SEC) Chair Gary Gensler said that […]

Litecoin [LTC] and other top cryptocurrencies have been overshadowed by the Ethereum [ETH] Merge for the last few weeks. Interestingly, LTC may have actually benefited from the Merge from a hashrate perspective. Advertisements An inspection of Litecoin’s hash rate reveals a sharp uptick in the first 10 days of September. Its hash rate grew from […]

Advertisements Ethereum followers and competitors alike have found their own way to congratulate the Ethereum team on a successful Merge. It’s been less than a day since Ethereum’s historic transition to proof-of-stake, with most of the crypto community still abuzz with excitement following the successful Merge. On Sept. 15 at 06:42:42 UTC, the last Ethereum […]

The Ethereum Merge remains one of the most anticipated events in the crypto space. The upgrade was scheduled to happen on September 15, 2022. It was a long-awaited blockchain transition as it moved from PoW to PoS. The change will merge the Beacon Chain and the Ethereum mainnet to become a single blockchain. Advertisements As […]

Advertisements Now that the historic Ethereum Merge is finally complete and everything went off smoothly, what’s next for the network? Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Dr. Julian Hosp. In this week’s episode of Market Talks, we welcome Julian Hosp, CEO and co-founder of Cake […]

Advertisements Summary: The team behind plans to hard fork Ethereum’s proof-of-work blockchain reaffirmed its launch timeline. Final node configurations and other relevant data will roll out for network participants today. The core ETHW team published a 60-minute countdown for the mainnet launch info. Bybit announced support for the forked token airdrop and trading.  Plans to […]