Author: e_cash_top

in Uncategorized

[ad_1] The biggest news in the cryptoverse for Sept. 15 includes ETH falling below $1,500 as over $150M is liquidated, the first post-merge NFT “The Transition” minting for $60,000, Charles Hoskinson saying that Ethereum’s Merge changes nothing. CryptoSlate Top Stories Ethereum switches to PoS after successfully completing the Merge Arguably the biggest moment in the…

Santiment data shows 2 addresses controlling over 45% of Ethereum transactions post-merge

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in Uncategorized

[ad_1] Two addresses have processed over 45% of Ethereum (ETH) transactions since the blockchain network completed its transition to a proof-of-stake (PoS) consensus mechanism, according to Santiment data. 📊 According to our #Ethereum Post Merge Inflation dashboard, 46.15% of the #proofofstake nodes for storing data, processing transactions, and adding new #blockchain blocks can be attributed…

Ethereum switches to PoS after successfully completing the Merge

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[ad_1] Ethereum (ETH) has migrated to a proof-of-stake network after the blockchain reached a terminal total difficulty of 58,750,000,000T at 06:43 UTC. Ethereum co-founder Vitalik Buterin tweeted that the Merge was a “big moment for the Ethereum ecosystem,” praising everyone who helped make it happen. And we finalized! Happy merge all. This is a big…

ETH hit peak dominance against BTC going into the Merge

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[ad_1] Ethereum‘s dominance over Bitcoin has been increasing since July 2021, and the Merge occurred at peak dominance over the flagship crypto. The chart below compares Bitcoin and Ethereum’s market caps against one another to determine which is dominant, starting from 2016. The black areas indicate the BTC/ETH dominance. When it exceeds the pink line,…

ETH falls below $1,500 as over $150M is liquidated in 24 hours

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in Uncategorized

[ad_1] The largest liquidation candle in a month wiped out most of the gains Ethereum posted following the Merge. Following its transition to a Proof-of-Stake network, ETH touched $1,640 in what many believed would be the beginning of a rally. However, aggressive liquidation pushed its price below $1,500, with ETH standing at around $1,480 as…

Community braces for ‘fork wars’ after Poloniex’s sudden move to support EthereumFair over ETHW

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[ad_1] The Poloniex exchange has named EthereumFair (ETF) as the ETH Proof-of-Work (PoW) forked chain as the principal one it will support, according to a Sept. 15 statement. Previously, Poloniex voiced support for ETHW but said it changed its mind as ETF is “supported by the community’s majority.” Poloniex added that it will continue to…

CryptoSlate Daily wMarket Update – Sept. 14

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[ad_1] The total cryptocurrency market cap saw net outflows totaling $7.52 billion from the previous day. As of press time, it stood at $985.35 billion, down 1% over the last 24 hours. Bitcoin’s market cap fell 1% over the reporting period to $385.41 billion from $390.05 billion. Meanwhile, Ethereum’s market cap fell slightly by 0.3%,…

Old Mutual Wealth appointed to manage cash reserves of rand-backed stablecoin ZARP

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in Guides

[ad_1] ZARP appointed South African financial services group Old Mutual Wealth to manage the cash reserves of its stablecoin, which is pegged to the price of the South African rand(ZAR), in hopes of enhancing trust. ZARP is the only audited and bank-approved stablecoin in South Africa. Connecting RAND and ZARP Rand reserves fully back ZARP…

Ethereum Classic hashrate surges to over 200 TH/s post-Merge

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