Ethereum

According to a new clarification by the Ethereum Foundation on Wednesday, the network’s upcoming proof-of-stake transitory upgrade — dubbed the “Merge,” — will not reduce gas fees. Regarding this, the Ethereum Foundation wrote:  “Gas fees are a product of network demand relative to the network’s capacity. The Merge deprecates the use of proof-of-work, transitioning to
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The current Ethereum price analysis is bearish due to multiple instances over the previous day of rejection for additional upward. As a result, we anticipate ETH/USD to drop below $1,900 and then retest $1,800 as support. Ethereum Rejects Upside Since reaching a daily high of $2012, Ethereum has corrected by 6.6%. The price range between
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Ether (ETH) rejected the $2,000 resistance on Aug. 14, but the solid 82.8% gain since the rising wedge formation started on July 13 certainly seems like a victory for bulls. Undoubtedly, the “ultrasound money” dream gets closer as the network expects the Merge transaction to a proof-of-stake (PoS) consensus network on Sept. 16.  Some critics
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As the launching of the long-awaited Ethereum upgrade, Merge, approaches, there’s a spike in institutional investment. Ethereum products are receiving more attention from big-shot investors. Though there is no stated period for the Merge, most developers anticipate the upgrade by September 19. However, most Ethereum derivatives are getting more investment deals as the final phase
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Authorities in the Netherlands have arrested a developer that is suspected to be involved in money laundering through the crypto mixing service Tornado Cash. The Fiscal Information and Investigation Service (FIOD), an agency in the Netherlands responsible for investigating financial crimes, officially announced on Friday an arrest of a 29-year-old man in Amsterdam. The man
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After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum’s native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the Merge.  Ethereum steps closer  toward the Merge The leading smart contract platform completed the last of
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The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to Proof-of-Stake. The Ethereum mainnet Merge date came into view after core developers such as Tim Beiko and Prysmatic Labs co-founder Terence Tsao agreed in an Aug. 11 developer
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Ethereum has recorded a large upwards movement in the last month following the announcement made about the Merge. A more definite launch time in September has seen the market rally around the altcoin, causing it to surge drastically. With each day, the Merge draws closer, and Ethereum tests another technical level. This time around, the
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