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Ethereum price: Why ETH might disappoint post-Merge

EthereumEthereum price: Why ETH might ‘disappoint’ post-Merge09 / 15 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) is finally a proof-of-stake (PoS) network after its long-awaited network upgrade finalised on Thursday.　　Analyst on ETH price post-merge　　The Merge has revamped the worlds largest smart contracts platform – now the biggest PoS chain – and has been touted as a game changer not just in terms of what it brings to the Ecosystem ng Ethereum, but how this could catalyse adoption and bring long term value appreciation for the native ETH token.　　n Naghahanap ka ba ng mabilis na balita, maiinit na tip at pagsusuri sa merkado？n n Pag-sign up para sa Invezz newsletter, ngayon.n n　　But what about the short term outlook for the token？　　According to crypto analyst Rekt Capital, investors who expect sharp short term gains may be disappointed. As the pseudonymous trader points out, bullish effects of the merge for the Ethereum price might only be seen in the long term.　　Ethereum has struggled alongside other risk assets over the past several days, and its post-merge performance includes a 6% dip over the past 24 hours.　　Currently, the cryptocurrency is trading below the crucial $1,500 level, with an intraday low of $1,474 across major crypto

2022-09-16Ethereum

Ethereum Will Not Flip Bitcoin After the Merge: Nexo Co-Founder

Bitcoin EthereumHindi Babaguhin ng Ethereum ang Bitcoin Pagkatapos ng Pagsamahin: Nexo Co-Founder09 / 15 / 2022Balita ng Ethereum ng Bitcoin　　According to Antoni Trenchev – Co-Founder of the cryptocurrency lending platform Nexo – Ethereum‘s Merge is “the most significant thing” that has happened in the protocol’s history. However, he does not believe it will help Ether surpass Bitcoin as the most dominant digital asset.　　The executive also expects ETHs price to surge when people realize the benefits of the transition to Proof-of-Stake (PoS), but not immediately after it occurs.　　Bitcoin Will Stay at the Top　　Ethereums shift from PoW to PoS, which nangyari earlier today (September 15), has caused numerous debates over the past several months. Experts weighed in on how it will benefit the blockchain project and the whole industry, but some warned that it could become a “buy the rumor, sell the news” event.　　Sa isang kamakailan-lamang pakikipanayam for Bloomberg, Nexos Co-Founder and Managing Partner – Antoni Trenchev – outlined the greener focus that Ethereum will have from now on, and that Ether will move from “essentially an inflationary type of asset” to a deflationary one.　　Nonetheless, he thinks that even after “The Merge,” Ether does not have a chance to steal Bitcoins supremacy

2022-09-16Ethereum

Ethereum Merge Is Live

The Ethereum Merge is live, with the Ethereum Network successfully achieving the Terminal Total Difficulty (TTD) of 58750000000000000000000. 　　The successful completion of Ethereums Merge will have one of the most profound impacts seen on the crypto space.　　An Industry-Changing Upgrade　　The Merge has long been considered an industry-changing upgrade by the Ethereum community and the larger crypto ecosystem. The upgrade sees Ethereum shift from the Proof-of-Work consensus mechanism to the highly efficient Proof-of-Stake consensus mechanism. Ethereum developers set the ball rolling for the final stage of the Merge on the Ethereum mainet on the 6th of September, in a closely monitored process. The upgrade is critical as the shift to Proof-of-Stake will reduce Ethereums energy consumption by 99%.　　Ethereum is one of the pillars of the crypto space, with its native ETH token established as the second most popular cryptocurrency. ETHs value has seen a stuning increase, with its market capitalization crossing $100 billion. Meanwhile, the Ethereum blockchain has emerged as the go-to blockchain for developers creating decentralized applications.　　Understanding The Merge 　　The Merge sees the Ethereum blockchain finally achieve its target of significantly higher scalability, greater security, and cutting down on its high energy use. The Merge, part of a multi-year transition designed

2022-09-16Ethereum

Ethereum Merge is Finally Completed, Vitalik Buterin Made it!

EthereumAng Ethereum Merge ay Sa wakas Nakumpleto, Vitalik Buterin Nagawa ito!09 / 15 / 2022Balita ng Ethereum ng Bitcoin　　This is the first of many planed big updates for Ethereum.　　Switching from proof-of-work to proof-of-stake was not easy task.　　Years of planing and delays have resulted in the successful completion of the Merge, a significant makeover of Ethereum that will move the network at the heart of the second-largest cryptocurrency to a considerably more energy-efficient system. Switching from proof-of-work to proof-of-stake, two competing methods for maintaining a blockchain, was no easy task.　　At natapos na namin!　　Happy merge lahat. Ito ay isang malaking sandali para sa Ethereum ecosystem. Ang bawat isa na tumulong sa pagsasanib ay dapat makaramdam ng labis na pagmamalaki ngayon.　　- vitalik.eth (@VitalikButerin) Septiyembre 15, 2022　　The switch to proof of stake, symbolized by the merge, was a major event for Ethereum. For consensus in the past, the network employed the same proof of work system as Bitcoin. This kind of network security consumes enormous amounts of electricity. Enough to power whole nations to process new transactions on the network.　　The possible benefits are enormous. Hopefully, Ethereums energy use has dropped by almost 99.9 percent. Moreover, one assessment compares the impact on energy prices to

2022-09-16Ethereum

A Short Squeeze May Cause the Ethereum (ETH) Price to Trade Between $1800 & $1900 Soon - Coinpedia - Fintech & Cryptocurreny News Media

EthereumAng Isang Maikling Pagpisil ay Maaaring Maging sanhi ng Pag-trade ng Presyo ng Ethereum (ETH) sa Pagitan ng $1800 at $1900 Sa lalong madaling panahon – Coinpedia – Fintech at Cryptocurreny News Media09 / 15 / 2022Balita ng Ethereum ng Bitcoin　　The much-awaited Ethereum Merger went live some moments ago, where-in the Beacon Chain was merged with the Ethereum Mainet. With this, the protocol underwent a complete transition from Proof-of-Work to Proof-of-Stake, disposing of the GPU miners from the network forever. While a major impact was assumed around the Merger, to ones surprise, the ETH price remained unaltered.　　As Coinpedia reported earlier that the possibility of the majority of Ethereum‘s new nodes being held by a small group of emergers, the below data indicates the same. As per the data from Santiment, two addresses hold more than 46% of Ethereum’s PoS nodes which can be used to store data, process transactions & add new blocks to the chain.　　The address after the Merge has validated nearly 188 & 105 blocks with an average share of 28.97 & 16.18 respectively. These addresses hold major dominance at the moment which was an expected outcome post the Merger. While still, market participants believe it may still

2022-09-16Ethereum

Major Ethereum Mining Pools to Back EthereumPoW (ETHW)

Isang bihasang manunulat at taong mahilig sa Fintech, masigasig sa pagtulong sa mga tao na alagaan, sukatin at masiguro ang kanilang pananalapi. May sapat na karanasan sa paglikha ng nilalaman sa isang host ng angkop na lugar. Kapag hindi sumusulat, ginugugol niya ang kanyang oras sa pagbabasa, pagsasaliksik o pagtuturo.　　Salamat!　　Matagumpay mong sumali sa aming listahan ng tagasuskribi.　　Source: https://www.coinspeaker.com/ethereum-mining-ethereumpow-ethw/　　kaugnay Tags: Ethereum, EthereumPoW, ETHW, Malaki, Pagmimina, Poolspost ng navigationTapos na ang Ethereum Merge at inalisan ng alikabok- tinatasa ang mga in, out, at hindi nakikita nitoWeb 3.0 Platform Ready Player DAO Nakipagsosyo Sa Gaming Content Creator MYSTIC7

2022-09-16Ethereum

100% in 7 Days - Ethereum Miners Moving to mine Ravencoin after ETH Proof-of-Stake Merge?

Ethereum100% sa 7 Araw – Lumilipat ang Ethereum Miners sa pagmimina ng Ravencoin pagkatapos ng ETH Proof-of-Stake Merge？09 / 15 / 2022Balita ng Ethereum ng Bitcoin　　After many pauses, the Pinagsamang Ethereum finally happened. Ethereum is now successfully moved from PoW to PoS. Yet, not everyone is convinced of the move to proof-of-stake. ilan Mga minero ng Ethereum could split off and start their network via a hard fork or some miners are already moving to mine Ravencoin after ETH merge. Lets take a look at it in more detail.　　Ano ang Ravencoin？　　Ravencoin is a token that is mined on uncomplicated GPU and Mga minero ng ASIC. It was forked from the Bitcoin chain in 2018. The coin delivers traders a path to build their tokens and transfer them to other traders. The developers goal was to build a token that could be mined by utilizing just the GPU of PCs.　　Likewise, they desired the token to be mined by anyone without buying high-grade mining tools. Unlike the majority of the tokens in the market today, there was no ICO when Ravencoin was founded. This is because the developers wanted to dodge the attention of the token in some hands.　　Ravencoins difference from Bitcoin

2022-09-15Ethereum

Ethereum Transitions Into A Proof of Stake Blockchain After Successful Merge ⋆ ZyCrypto

The much-awaited “Merge” event has been completed, transitioning Ethereum into a vastly more energy-efficient one and marking the end of a five-plus year wait by the Ethereum community.　　The event, broadcasted live on various outlets, started around 2.45 AM EST, with thousands worldwide converging to watch as the worlds second-largest blockchain was successfully ushered into a proof of stake consensus algorithm.　　Ang sumanib is the most significant structural shift for any blockchain in the history of crypto and eradicates the mining concept, slashing Ethereums energy consumption by over 99.9%. “The merge will reduce worldwide electricity consumption by 0.2%,” Justin drake, an Ethereum researcher, said during the event.　　For comparison purposes, flicking off the switch on Ethereums energy drain is like shutting down the energy grids of counties like Finland, Chile, Austria or Venezuela, according to one estimate.　　Apart from changing how Eth coins are created, the upgrade has also altered how transactions will subsequently be validated. Under the Proof of Work regime, the networks transactions health was maintained by miners competing to write transactions to its ledger, earning ETH rewards in return.　　With the upgrade, miners are now replaced by validators. Validators deposit or “stake” at least 32 ETH on the Ethereum network to activate

2022-09-15Ethereum

Someone Paid $60K (36 ETH) in Fees to Mint the First NFT on Ethereum After The Merge

Ethereum Mga NFTMay Nagbayad ng $60K (36 ETH) sa mga Bayarin upang I-Mint ang Unang NFT sa Ethereum Pagkatapos ng Pagsama-sama09 / 15 / 2022Balita ng Ethereum ng Bitcoin　　The Ethereum network went through its largest upgrade in history, transitioning to a Proof-of-Stake consensus algorithm.　　Immediately after that, users are finding clever ways to commemorate the event and to become part of history.　　In this particular case, a user pagod a whopping 36 ETH worth about $60K at current rates to mint the very first-ever non-fungible tokens on the PoS-based Ethereum network.　　This is what the NFT looks like:　　Minted at block height 15537394, the image itself represents a panda face and is called “The Transition.”　　There‘s a certain irony in the fact that someone paid so much to mint an NFT, but it’s also important to note that ang Pagsamahin itself doesn‘t do much to decrease gas fees on Ethereum’s network.　　This is one of the most popular misconceptions about the event.　　The Merge has changed the overall consensus algorithm and doesn‘t expand the network capacity – this is why it won’t significantly reduce the gas fees.　　However, there are multiple scaling solutions that are to be deployed at a later stage to tackle this particular challenge.

2022-09-15Ethereum

Bitcoin, Ethereum Stay Buoyed As The Merge Finally Kicks In ⋆ ZyCrypto

Bitcoin EthereumBitcoin, Ethereum Stay Buoyed As The Merge Finally Kicks In ⋆ ZyCrypto09 / 15 / 2022Balita ng Ethereum ng Bitcoin 　　After a strong weekly close, Bitcoin opened with its head high on Monday, briefly rising to tap $22,000 during the Asian session. Last week, the worlds largest cryptocurrency plunged as low as $18,500 before recovering by over 17%. As of writing, Bitcoin was trading at $20,071 after a 1.66% rise in the past 24 hours.　　On the other hand, Ethereum remained hushed as investors kept their stakes low ahead of the Merge. As of writing, the crypto-asset was trading at $1,618 after gaining 0.84%, with several so-called “Ethereum killers” like Solana and Cardano surging by roughly 2% in the past 24 hours.　　With the Merge -an event that will transition Ethereum from a proof of work to a proof of stake blockchain – less than minutes away, investors seem to have taken a step back, fearing that it may spark a “buy the rumour sell the news” scenario resulting in wild volatility by cryptocurrencies.　　According to IntoTheMoneyStocks founder Gareth Soloway, short-term crypto prices will be determined by how smooth the merge goes.　　“It‘s going to be interesting to see how the merge goes.

2022-09-15Ethereum
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