Browsing Category
Crypto News
Ethereum miners flock to Ethereum Classic and elsewhere, in wake of Merge
One of the most covered criticisms of Ethereum since its creation in 2015 has been its mammoth energy usage.
While not as heavy as Bitcoin, it nonetheless consumes 0.2% of the world’s electricity, and is responsible for between 20% and 39%…
ETH Merge: Is ‘complex technical event’ underrated or priced in?
GlobalBlock analyst Marcus Sotiriou talks about the Ethereum merge, its benefits and potential risks to the event.
He says the yield factor and a 99.95% reduction in energy use could see DeFi flourish and catalyse investor interest.
But…
Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks
On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that…
LUNA 2.0 Token Jumps 200% Higher Against the US Dollar in 24 Hours
While digital currencies jumped in value during the early morning trading sessions on Friday (ET), the new Terra token, LUNA 2.0, jumped more than 200% in value against the U.S. dollar. LUNA jumped from a low of $1.90 per unit to a high of…
Is Ethereum getting to $2,000 as Chainalysis predicts explosive post-merge growth?
Chainalysis has projected a strong price rally of Ethereum post-merge
The soft date for the Merge is on September 19
Ethereum is gaining and looks set back to $2,000
Ethereum ETH/USD will lead other cryptocurrencies in price after…
Binance US introduces Ethereum staking ahead of The Merge
The US subsidiary of Binance has today announced that it will introduce an Ethereum (ETH) staking program ahead of the upcoming Merge upgrade. The staking program will have an annual percentage yield (APY) of up to 6.0%.
Unlike direct…
Crypto mining pool Poolin halts BTC and ETH withdrawals due to “liquidity issues”
Cryptocurrency mining pool Poolin has announced it will halt Bitcoin (BTC) and Ether (ETH) withdrawals from its wallet service.
In the announcement, Poolin said:
“We are here to let you know the withdrawal options of Pool Account and…
Ethereum Network Bellatrix upgrade causes ETH price to spike
The Ethereum Bellatrix upgrade, which kicks off the final countdown for the much-anticipated Merge upgrade, is now live.
ETH price shot above $1,678 minutes after the Bellatrix upgrade was activated. At press time, ETH price had, however,…
Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the…
Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge
Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4. Ethereum’s transition from proof-of-work…