Ethereum Financial News
18.09 / 13:59
Ethereum
Ether
Bitcoin
Bitcoin Price
Ethereum nosedives below $1500 after Merge upgrade
Merge, Ethereum (ETH) registered its biggest fall in a month on Friday, breaching $1,500 in a knee-jerk reaction after the network overhaul. The second-largest crypto asset, which has shifted its mechanism to proof-of-stake (PoS) from proof-of-work (Pow), in a one-of-a-kind upgrade, had topped $2,000 due to the Merge euphoria but took a sudden beating. Ethereum tumbled roughly 12 per cent from the $1,645 mark to test $1,450 levels on Friday before trading around $1,475 at 13.20 hours IST, the data from coinmarketcap suggested. Ethereum's total m-cap plunged to $180.25 billion, and its volumes sank 14 per cent as tokens worth $20.8 billion exchanged hands in the last 24 hours, suggests data.
18.09 / 13:47
Blockchain
Ethereum
Platform
Bitcoin
Time
ethereum name service
It’s Time to Invest in Uniglo (GLO), Ethereum Name Service (ENS), and Curve (CRV) Before Bitcoin (BTC) Bounces
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18.09 / 12:47
Blockchain
Ethereum
Mining
Decentralization
Flashbots build over 82% relay blocks, adding to Ethereum centralization
Following the completion of The Merge upgrade, Ethereum (ETH) transitioned into a proof-of-stake (PoS) consensus mechanism, helping the blockchain become energy efficient and secure. However, mining data reveals Ethereum’s heavy reliance on Flashbots — a single server — for building blocks, raising concerns over a single point of failure for the ecosystem.
18.09 / 12:23
Ethereum
Bitcoin price today
avalanche
Bitcoin
500
Crypto Price Today Live: Bitcoin below $20K, Ether breaches $1,500; altcoins tank
Bitcoin plunged below the $20,000 mark, whereas Ethereum sank 10 per cent, recording its biggest loss in the last one month. It broke below $1,500 after the much-awaited software update — the merge. Barring the dollar-pegged USD Coin and Tron, all other major crypto tokens were in the red on Friday. XRP and Avalanche dropped about 4 per cent each. The global cryptocurrency market cap was trading significantly lower at $959.65 billion, dropping more than 3 per cent in the last 24 hours. However, the total trading volume gained as much as 8 per cent, close to $84.22 billion.
18.09 / 01:15
Ethereum
ETH
Digital
Ethereum: Is the Merge nothing more than another “sell-the-news-event”
The Merge has been a success for Ethereum [ETH]. Wait… but that’s not it as ETH has continued to dip despite this release.
17.09 / 22:57
Blockchain
Ethereum
Are Polygon’s efforts to go green misfiring due to MATIC’s red resistance
After the recent successful completion of the Ethereum [ETH] Merge several other tokens benefited from it. And one of them happens to be Polygon [MATIC].
17.09 / 21:41
Ethereum
SEC
education
Bitcoin
Tired of losing money? Here are 2 reasons why retail investors always lose
A quick flick through Twitter, any social media investing club, or investing-themed Reddit will quickly allow one to find handfuls of traders who have vastly excelled throughout a month, semester, or even a year. Believe it or not, most successful traders cherry-pick periods or use different accounts simultaneously to ensure there’s always a winning position to display.
17.09 / 19:33
Blockchain
Ethereum
CoinMarketCap
Coindesk
network
Rocky
ETHW
ETHW: 90% miners may go bankrupt as forked network sees a rocky start
Sequel to its launch on the mainnet on 15 September, the proper take-off of the forked Ethereum Proof-of-work (ETH-PoW) has been hindered by glitches. As a result, the post-Merge PoW blockchain remains inaccessible just two days after its launch.
17.09 / 18:55
17.09 / 16:17
Ethereum
ETH
Twitter
Action
Drop
Ethereum: What ETH’s post-Merge price drop has to do with short-term gains
The long wait came to an end when the much-hyped Ethereum [ETH] Merge completed successfully. This development sparked community excitement, and Twitter was flooded with opinions about what would happen next.
17.09 / 15:19
Ethereum
Why Ethereum Price is Under More Pressure After Gensler Comments
Ethereum has successfully made its historic transition to Proof-of-Stake, but the asset's price action is not responding favorably to the move, partly due to SEC Chair Gensler's recent comments on staked assets being regarded as securities.
17.09 / 12:53
Ethereum
BTC
Bitcoin
Bitcoin [BTC]: Heavy coin inflow into exchanges suggests rally in sell pressure
The much-anticipated Merge that proved to be beneficial for most, didn’t do anything for Bitcoin [BTC]. Some Ethereum [ETH]-linked assets posted double-digit gains, and BTC paid no heed. According to data from CoinMarketCap, the price per BTC stood at $19,907, with a 0.8% decline in the last 24 hours.
17.09 / 11:19
Ethereum
CoinMarketCap
Doge
Dogecoin’s #2 spot fails to impress investors as DOGE keeps losing its grip
According to CoinMarketCap, Dogecoin [DOGE] is now the second biggest cryptocurrency on the POW network after Bitcoin [BTC]. This development took place after the transition of Ethereum [ETH] to a proof-of-stake consensus mechanism.
17.09 / 07:35
Ethereum
ETH
Platform
coinbase
Ethereum: As major firms dominate staking, ETH’s security may be in question
TheEthereum [ETH] Merge with the proof-of-stake (PoS) network was successfully completed as of 15 September. The implication of the Merge is that miners are now replaced by validators on the Ethereum network. However, a relatively small number of companies control the PoS mechanism. This has left analysts worried over the centralization of the ETH network.
17.09 / 06:53
Blockchain
Ethereum
Digital
Progressive
QNT
Quant: Could investors consider trending QNT as a long-term portfolio addition
Quant [QNT] is among the blockchain networks that have flown under the radar for the most part. Perhaps overshadowed by more popular networks, such as Ethereum [ETH]. However, the Quant popularity count seemed to have drastically changed overnight.
17.09 / 02:37
Ethereum
BTC
Digital
Bitcoin
Bitcoin: Despite spot-market bloodbath, BTC’s OI represents a ‘healthy’ picture
New data from intelligence firm CoinGlass showed that >$280 million worth of digital assets liquidation in the last 24 hours. Surprisingly, the star of the show- Ethereum [ETH] led the rally. This further led to the overall market experiencing increased volatility. Despite such scary scenes, there might come a small indication of relief…
17.09 / 01:05
markets
Ethereum
Federal Reserve
Bitcoin
What’s next for Bitcoin and the crypto market now that the Ethereum Merge is over?
The Ethereum Merge came and went, leaving investors to ponder what the next trending development in the market could look like. In a Cointelegraph Twitter Space with Capriole founder Charles Edwards, the analyst mentioned that excitement over the Ethereum Merge and its bullish price action had somewhat been holding up hope across the market. Now that the event has come and gone, the crypto market has been selling off, with Bitcoin’s (BTC) price trading below $20,000 and Ether’s (ETH) under $1,500.
17.09 / 00:17
Ethereum
BLOCK
Infinity
Bitcoin
The 8 Most Searched Cryptos of 2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
16.09 / 23:49
Ethereum
ETH
CEO
Bitcoin
Why Ethereum Could See huge Inflows of Fund from Institutional ESG Investors
With Ethereum’s transition to proof-of-stake (PoS) now behind us, more people are pointing to the network’s environmental benefits, saying ESG-minded investors will flock to ETH as they learn more about it.
16.09 / 22:17
markets
Ethereum
Ethereum 2.0
stocks
Drop
The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin
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).
16.09 / 21:51
Ethereum
XRP
Cardano
Bitcoin
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
The World Bank has warned of a possible global recession in 2023. In a press release on Sept. 15, the bank said that the current pace of rate hikes and policy decisions is unlikely to be enough to bring inflation down to pre-pandemic levels.
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