Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap.
Category: Ethereum proof of stake
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Selling the rumor? Biggest Ethereum Merge staker Lido DAO loses 40% in 30 days
LDO price faces downside risks from “sell-the-news” sentiment coupled with a bearish technical setup.
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PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher
Researcher Vivek Raman said that after the Merge, ETH inflation will be lower, security will be better and ETH will position itself as a digital bond.
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Ethereum eyes rally against Bitcoin with ETH price showing hidden bullish divergence
The second-largest cryptocurrency will see over 8% growth against its top rival should the technical outlook play out.
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Ethereum drops more than Bitcoin as China escalates crypto ban, ETH/BTC at 3-week low
The second-largest cryptocurrency falls 13.30% versus Bitcoin’s 9.38% decline as China’s move scares investors away.
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Ethereum balance on crypto exchanges hits new lows as ETH price retakes $3K
Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH.
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No hard fork love for Ethereum as ETH price falls to a three-week low
Ether continues to trade lower under the shadow of Bitcoin in days leading up to its supply-crunching hard fork event.
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Ethereum price dragged down below $2K as US inflation hits highest level since 1991
The second-largest cryptocurrency sells off in line with Bitcoin as traders assess the latest U.S. inflation data.
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