Ethereum (ETH)

After Ethereum’s switch to a proof-of-stake, the bears took control of the market. Investors have turned away from high-risk assets like equities and cryptocurrencies. The ETH weekly candle closed at $1,334 yesterday, which is a new low. Technical Analysis By Grizzly The Daily Chart The price is currently down 27% from the high of $1,789 reached on September 11th. The lowest level touched in today’s session is $1,280, which is just above the 200-week moving average (in...

[PRESS RELEASE – Please Read Disclaimer] At 06:43 (UTC) on Sept. 15, 2022, Ethereum completed its merge at the block height of 15,537,393 and officially switched to the proof-of-stake consensus mechanism. From then on, Ethereum bid farewell to the seven-year proof-of-work (PoW) mining era. At the same time, Ethereum had officially hard forked from Ethereum, retaining the PoW consensus. As the network token ETHW of the Ethereum forked chain, it has been actively opened for...

On the nervous global backdrop, the much anticipated “Merge” eventually transpired as a sell-the-news type of event. Cryptocurrencies suffered fresh declines in the wee hours of Monday morning. The global market cap fell to $909 billion, with a trading volume of $79.54 billion over the past 24 hours. Major assets such as Bitcoin and Ethereum slid below $19k and $1.3k, respectively, recording double-digit losses in the past day alone. With the palpable nervousness across...

[PRESS RELEASE – Please Read Disclaimer] An NFT gaming project full of utilities is preparing for its public mint. Sure, you have heard the same thing a lot of times, “a new project with utilities” and whatnot, but this is not like your regular project. Prime Aeternas is an under-development trading-card, play-to-earn, quest-based game on the Ethereum blockchain. What sets it apart from other gaming projects is its Quest mode which is the space for a tournament linked to...

[PRESS RELEASE – San Francisco, United States, 19th September 2022] Ankr, one of the world’s leading Web3 infrastructure providers, is thrilled to announce that it has partnered with the decentralized Ethereum scaling platform Polygon to enhance the building experience for Web3 developers who want to create application-specific blockchains with Polygon Supernets. Powered by the modular blockchain stack Polygon Edge, Supernets is EVM-compatible, interoperable, highly...

With so many people worried about how much energy is utilized by mainstream cryptocurrencies, it’s strange that more individuals don’t turn their attention to TRON, one of ETH’s biggest competitors. Is TRON the Ultimate Energy Saver? There are many arguments surrounding the amount of energy use in the crypto space. It appears bitcoin mining uses more energy than many developing countries (there have been countless reports published on this issue), for example. People...

Ethereum-Preis bald auf 3'000 US-Dollar? Am 15.09.2022 verlief der Ethereum Merge erfolgreich und die Blockchain von Ethereum läuft nun mit dem Proof of Stake Konsensmechanismus. Proof of Work ist damit Geschichte. Nun könnte der Ethereum Kurs auf bis zu 3’000 US-Dollar steigen. Der derzeit noch verhaltene Kurs nach dem Merge ist auf diverse Faktoren zurückzuführen: unter anderem darauf, dass die grossn Kryptobörsen aus Sicherheitsgründen den...

Five-star hotel Palazzo Versace Dubai has started accepting cryptocurrencies as payment for stay, dining, and spa services. Guests can use BTC, ETH, and BNB to pay their bills, which will be processed through the Binance payment gateway. Palazzo Versace to Accept Crypto Payment   The 146-room ultra-luxury property ln Jaddaf Waterfront will also accept crypto payments for merchandise, mainly gifts and vouchers, on its e-commerce platforms, it said in a PR.  “Palazzo Versace’s...

Despite being touted by some as the natural continuation of Ethereum, which stayed on proof-of-work, EthereumPoW has had a rocky start. The first few days after the hard fork, it saw multiple technical bugs, while the native cryptocurrency plummeted by 90% in days. As the Ethereum Merge was coming close, Chandler Guo – a popular Chinese miner – proposed a hard fork that will see the creation of EthereumPoW – a duplicate version of the blockchain to continue to be based on...

[PRESS RELEASE – Majuro, Marshall Islands, 16th September, 2022] What’s better than low fees? No fees. Taking the lead among the top exchanges, Gate.io now has ZERO fees on all USD spot market trading pairs. This new fee elimination applies to more than 50 USD spot trading pairs, including mainstream assets like BTC, ETH, and more. USD-pegged stablecoins such as USDC, TUSD, PAX, BUSD, and more can be traded on USD spot pairs without the need for conversion and with no maker...