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On August 20, 2022, Ethereum Classic’s hashrate reached an all-time high at block height 15,776,674 as it tapped 38.37 terahash per second (TH/s). The crypto asset has seen its hashrate surge since Wednesday, August 17, jumping 39.22% higher from 27.56 TH/s to the all-time high (ATH). Ethereum Classic’s Hashpower Skyrockets to 38.37 Terahash Roughly six … Read more
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield, Worthington explained that The Merge could boost Coinbase’s annual income by $80 to $100 million from staking services. … Read more
Data shows pro traders are slightly skeptical of the strength of Ethereum’s rally after ETH price sold off at the $2,000 resistance. Go to Source Powered by WPeMatico
It’s not just ETH price that stands to benefit from Ethereum’s move to proof-of-stake in September. Go to Source Powered by WPeMatico
A slew of Ether’s technical and fundamental indicators support a push toward $2,500 by September. Go to Source Powered by WPeMatico
“USDC as an Ethereum asset can only exist as a single valid version,” says the team at Circle. Go to Source Powered by WPeMatico
The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction. Go to Source Powered by WPeMatico
Uniswap price risks falling 50% from its current levels due to a bearish reversal setup. Go to Source Powered by WPeMatico
Ethereum Classic is a relatively smaller PoW chain compared to Ethereum in terms of usage and hash rate. Go to Source Powered by WPeMatico
Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH. Go to Source Powered by WPeMatico
