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In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users and traders, what’s changing under the hood is a very big deal. You’ve Heard About The Merge, Why Is It […]Powered by WPeMatico
Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1,500. Bitcoin was also higher, moving past the $21,000 level. Bitcoin Bitcoin (BTC) prices were trading marginally higher on Tuesday, […]Powered by WPeMatico
The cryptocurrency market remains relatively flat this Tuesday. Bitcoin and Ethereum prices have shown little changes in the past 24 hours. After dropping to the $21k range last week, the BTC price manages to hold support. The increase in trading volume suggests that the market could be preparing for its next move and pushing the price to new heights this week. Bitcoin’s 24-hour trading volume is up by over 26%, currently at $32.7 billion. Let’s look at any relevant crypto market news that could affect prices this week. Key Points: Bitcoin managed to hold the $21k level after dropping from
The post Crypto Market Update – Bitcoin Price Trades Sideways, Holds Support at $21K as Trading Volume Rises appeared first on The Merkle News.
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An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note to investors that the stablecoin market capitalization is seeing fewer redemptions for the first time since April. Morgan Stanley Investors’ Note Says Crypto […]Powered by WPeMatico
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear market rally and this week’s Jackson Hole economic symposium.
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After trading at the $24k range for several weeks, Bitcoin prices fell last week as support levels failed. Bitcoin price has found a new range in the $21k area and managed to hold it through the weekend. Cryptocurrency markets remain flat this Monday, with little change in 24-hour trading volume for Bitcoin, Ethereum, and other major crypto assets. Key Points: Bitcoin’s price failed to hold the $24k range, falling to $21k. Transaction fees for BTC drop to 2-year lows, dipping below $1. Stocks underperform, causing a general bearish sentiment as fears of additional rate hikes plague the markets. Ethereum underperformed
The post Bitcoin Price Remains at the $21K Range, Transaction Fees Drop Below $1 appeared first on The Merkle News.
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Ethereum extended recent declines to start the week, as the token briefly fell below a key support point in today’s session. Monday’s sell-off saw the majority of the cryptocurrency top 100 in the red, with the global market cap down 1.61% as of writing. Bitcoin also slipped, once again falling below $21,000. Bitcoin Bitcoin (BTC) […]Powered by WPeMatico
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted addresses would not be able to transact or operate in the […]Powered by WPeMatico
The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches zero. Largest Ether Mining Pool to End PoW Ethereum Mining — Ethermine Ethereum Mining […]Powered by WPeMatico
What makes Ethereum a reliable mode of payment? Find what makes Ether qualify as money, its advantages and the process of accepting ETH payments.
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