Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days

news.bitcoin.com

In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, most people envision a relatively smooth mainnet transition.

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Timeline of Ethereum


Ethereum price analysis: ETH slowly retests $2,025, retrace incoming next week? - Cryptopolitan

Ethereum price analysis is bearish today as we have seen a failure to move any higher after a brief test of the previous high. Therefore, ETH/USD is likely ready to reverse and start heading back lower early next week.


Ether leads the charge as crypto prices surge: the week in markets - The Block

Crypto prices rallied following positive economic data as the Ethereum merge looms large on the horizon. The post Ether leads the charge as crypto prices surge: the week in markets appeared first on The Block.


The week ahead's three biggest cryptocurrency stories - The Block

While it's hard to guess what might happen next in crypto, here are the three biggest stories we expect to set tongues wagging next week.  The post The week ahead's three biggest cryptocurrency stories appeared first on The Block.

EthereumETH$1325.170000

Ethereum Creator: ‘I Basically Expect That the Merge Is Going To Be Not Priced In' - CryptoGlobe

Recently, Russian-Canadian programmer Vitalik Buterin, the creator of Ethereum ($ETH), commented on the upcoming “Merge” hard fork, which is when the Ethereum network is making the transition from proof-of-work to proof-of-stake.


What's Happening in the Market Ahead of Ethereum Merger? Are Traders and Whales Accumulating ETH? - CoinPedia

Many of the leading cryptocurrencies experienced double-digit weekly percentage gains despite the ongoing cryptocurrency bear market. In anticipation of the Ethereum merger, top coins increased. After peaking at $2,012 late on Friday night, the price of Ethereum has increased 16% in the past week to $1,986 at the time of writing.


GNOX (GNOX) Record Presale Sell-out Rumored To Be Caused By Ethereum (ETH) And Solana (SOL) Whales - CoinPedia

The recent presale sell-out of GNOX tokens is rumored to have been caused by whales from Ethereum and Solana. Gnox's project team had initially set a hard cap for the token sale, but due to overwhelming demand, they increased the cap. However, even this wasn't enough as the sale sold out within a few hours.


Can MATIC really leverage the hype around Ethereum for more upside? - AMBCrypto

It has been quite an interesting week for Ethereum's community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now.


Coinbase Warns Polygon (MATIC) and Other Scaling Solutions Pose a Threat to Ethereum (ETH) Price – Here's Why - The Daily Hodl

Crypto exchange Coinbase is analyzing the impact that scaling solutions could have on the Ethereum (ETH) blockchain. In a research report, Coinbase says that layer-2 scaling solutions (L2s) could cannibalize Ethereum's revenue.


Ethereum [ETH]: Read this before you decide to cash in on that FOMO - AMBCrypto

There is undeniable excitement in the market as the Ethereum Merge draws closer. The same is evident in ETH's price action too, with the same managing to rally back above the $2,000-price level.


Why Justin Sun Was Blocked From This Ethereum DeFi Protocol - Bitcoinist

Diplomat and founder of the TRON network, Justin Sun, confirmed that one of his addresses was blocked from using the Ethereum decentralize finance (DeFi) protocol Aave. Via Twitter, Sun claimed that he received 0.1 ETH from Tornado Cash leading to his address being added and blocked by the protocol.

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