Cumberland: ETH's correlation to the Nasdaq creates problems for crypto-native traders

Ether's correlation with equities mitigates traders edge, despite this opportunities exist for traders according to Cumberland. The post Cumberland: ETH's correlation to the Nasdaq creates problems for crypto-native traders appeared first on The Block.

Timeline of Ethereum

In a sudden but predictable overreach of authority, the U.S. Securities and Exchange Commission (SEC) has claimed jurisdiction over Ethereum, and all of the transactions on its network. The post All Your Ethereum Transactions Belong to Us, Claims the SEC appeared first on BeInCrypto.

With the completion of the Ethereum Merge, founder Vitalik Buterin has turned his attention to other things that could help improve the network. Ethereum Layer 2 protocols had been big business back in the bull market of 2021, and even now, they continue to gather support from network users who continue to use these roll-ups.

Binance crypto exchange CEO Changpeng Zhao says that while the transition of Ethereum (ETH) to the proof-of-stake (PoS) consensus mechanism is progress in the right direction, it is not “earth-moving.” Zhao says in a new Crypto Banter interview that the revolutionary change that Ethereum could make is lowering transaction costs and enhancing scalability through sharding.

Previous research conducted by CryptoSlate suggested the Ethereum Merge would be a buy-the-rumor, sell-the-news event. The post Research: State of Ethereum derivatives market post-Merge appeared first on CryptoSlate.

On this week's episode of “The Market Report,” Cointelegraph's resident experts discuss why the crypto market is dumping after the Ethereum (ETH) merge and the top headlines in the crypto space.

Does the United States have jurisdiction over the Ethereum blockchain? A lawsuit by the Securities and Exchange Commission (SEC) could be suggesting that, Bloomberg reported Tuesday (Sept.

Ethereum price analysis is bearish today as we have seen a quick reaction higher to the $1,400 resistance, setting another lower high. Therefore, ETH/USD is ready to continue even lower and looks to drop below $1,300 support.

The Merge was completed last week successfully migrating Ethereum from Proof of Work (PoW) to Proof of Stake (PoS). The transition was not a foregone conclusion and the success was greeted with plaudits as well as relief.

The comment was buried in the 69th paragraph of a lawsuit filed against crypto influencer Ian Balina, who is accused of promoting an ICO without telling fans that he was being paid to do so.

As the integration has progressed, Ethereum's price has slid precipitously. Since the general financial markets are facing a period of extreme pessimism, ETH could continue to fall over the next few days.