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” Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs “ An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current…
” Hive Blockchain explores new mineable coins ahead of Ethereum merge “ Cryptocurrency miner Hive Blockchain has been working to replace the mining of Ether (ETH) with other coins in the event of Ethereum’s upcoming transition to proof-of-stake, or PoS. The Canadian crypto mining firm has been analyzing options for mining with its GPU stash…
” Ethereum co-founder’s poll shows people want $100 lifetime .eth domains “ As Ethereum Name Service (ENS) domains became more popular, the conversation has steered towards .eth domain pricing and what is considered to be a “fair” price to guarantee ownership for 100 years. In a Twitter thread, Ethereum co-founder Vitalik Buterin asked the community…
” Ethereum Merge to ‘swamp’ other coins with miners — Mining CEO “ The Ethereum network’s transition from a proof-of-work (PoW) consensus is likely to flood the crypto industry with out-of-work ETH miners, causing severe disruption to all PoW tokens. Speaking to Cointelegraph, Andy Long, CEO of Bitcoin miner White Rock believes the upcoming Ethereum Merge…
” Ethereum gone wrong? Here are 3 signs to keep an eye on during the Merge “ The assumption that Ethereum will just transition to a fully functional proof-of-stake (PoS) network after the Merge somewhat ignores the risk and effort necessary to move an asset that has a $193 billion market capitalization and 400 decentralized…
” Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge “ Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on selected networks, starting September 6th at 2 am (UTC) in anticipation of Ethereum’s Merge event. #Binance will…
” Ethereum Classic books 12% rally as mining support for ETC gains pace “ Ethereum Classic (ETC) price rallied on Sept. 5 on back-to-back positive reports concerning its adoption among crypto miners. Top mining pool supports Ethereum Classic On the daily chart, ETC’s price surged 14.5% to nearly $37.25 per token. Its massive gains came…
” Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB “ The cryptocurrency markets have been quiet over the weekend. The sideways price action continues on Sept. 5 and there are unlikely to be any fresh triggers from the United States equities markets, which are closed for Labor Day. However, the…
” A range-break from Bitcoin could trigger buying in ADA, ATOM, FIL and EOS this week “ The decline in the United States equities markets last week extended the market-wide losing streak to three consecutive weeks. The Nasdaq Composite fell for six days in a row for the first time since 2019. The markets negative…
” Surge or purge? Why the Merge may not save Ethereum price from ‘Septembear’ “ Ethereum’s native token, Ether (ETH), is not immune to downside risk in September after rallying approximately 90% from its bottom of around $880 in June. Much of the token’s upside move is attributed to the Merge, a technical upgrade that would…