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Analysts Predict $35K for Bitcoin in Six Months

Following news that both BlackRock and Fidelity have entered the digital currency market, many institutional analysts have predicted that within the next six months, bitcoin will reach a price of about $35,000 per unit, while Ethereum will jump into the $2,000 range. How Much Has Bitcoin Lost? On paper, this doesn’t look all that spectacular. After all, bitcoin – just 11 months ago – was trading at a new all-time high of approximately $68,000 per unit, so $35,000 would...

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The Merge Has Shaken Up the Ethereum Price

The Merge was a big event that everyone thought was going to bring about huge change for Ethereum and all its crypto cousins. The currency’s switch from proof of work (PoW) to proof of stake (PoS) was covered heavily by media sources, and there was even a countdown to the event on Google. Ethereum Appears to Be Dropping Now that the event is complete, what can we say is all that different? Sure, not that much time has passed. These things need necessary windows to show...

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The Ethereum Merge Has Allegedly Affected Bitcoin

Bitcoin has gotten quite a few shakeups in the previous weeks largely due to activity from both Ethereum – the second largest digital currency by market cap and its number one competitor – after the Merge, and the Federal Reserve, which held another meeting about a week after it took place. Has Ethereum Weakened Bitcoin? It appears bitcoin can’t seem to receive a stable rest over the past several months. The currency has undergone some of its most bearish conditions, and...

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The Ethereum Merge Has Lowered Global Energy Consumption

Following the Ethereum Merge which occurred on September 14 of this year, a bonus reward was placed in the pockets of energy and climate advocates everywhere. It seems after the Merge was complete, the world’s energy consumption fell by roughly .2 percent overnight. Who would have known that mining ETH really did utilize that much energy? The Ethereum Merge Has Significantly Lowered Worldwide Energy Use The Merge has been a long talked-about event that would occur with...

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“Change the Code” Campaign Seeks to Get BTC to Switch to Proof of Stake

Now that Ethereum has completed its Merge and gone from a proof of work (PoW) module to proof of stake (PoS), many environmental groups want bitcoin to do the same. Several have formed together to establish an initiative called “Change the Code, Not the Climate” as a means of pushing bitcoin more towards less energy-intensive methods of extracting units. Change the Code Seeks to Change BTC Forever $1 million has been spent on the Change the Code campaign. Greenpeace is also launching a new...

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Will Ethereum Outdo Bitcoin? Analysts Weigh In

Now that The Merge is in full swing, is it possible Ethereum could potentially flip bitcoin and become the largest and most powerful digital currency in the crypto space? Will Ethereum Overtake BTC? Many analysts have been talking about what they refer to as the “flippening” for some time. The idea is that Ethereum will eventually become so strong it could ultimately outdo bitcoin, and what was once the world’s second largest digital currency by market cap will become...

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Did Bitcoin Get Caught Up in Hype Surrounding The Merge?

In mid-September, bitcoin – the world’s number one digital currency by market cap – ran above the $22,000 mark for the first time in nearly a month. Bitcoin Experienced a Small Surge in Mid-September Everyone was praising the move given the asset had recently hit a price below $19,000, something it hadn’t done since June of this year. This means that after hitting a near-three-month low, the world’s primary digital asset seemingly shot up by close to $4,000, marking what...

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Binance to Remove Fees for Some Ethereum Transactions

Binance – the world’s largest digital currency exchange by daily trading volume – says it’s looking to give crypto fans a break by expanding its fee-free services and transaction capabilities to include Ethereum. Binance Says It’s Eliminated Fees for Some ETH-Based Transactions The goal is to enable all Ethereum-based transactions to be free of additional charges. The move correlates with the big “Merge” that everyone’s been talking about for the past several months....

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Vitalik Buterin to ETH Clients: It’s Time to Update!

Vitalik Buterin – the co-founder of popular cryptocurrency Ethereum, the second largest digital asset by market cap – has stated that as the beacon chain hard fork happened on September 6, all Ethereum-based clients need to ensure their systems are fully updated. Vitalik Buterin Is Warning Ethereum Users Ethereum has been talking about The Merge for months now. The move would move Ethereum from a proof of work (PoW) module to proof of stake (PoS). This would potentially...

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