Category «Ethereum news»

Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain

www.coindesk.com The Ethereum blockchain’s planned Merge, an upgrade that changes it from a Proof-of-Work (PoW) system to a more environmentally friendly Proof-of-Stake (PoS) mechanism, will have a number of consequences, Citi (C) said in a research report Thursday. These include lower energy intensity, the transition into a deflationary asset and a “potential roadmap to a …

Ethereum Might Surge to $5,000 if This Scenario Plays Out, Arthur Hayes Says

u.today Former BitMEX CEO Arthur Hayes shared his bullish outlook for Ethereum, the world’s second-largest cryptocurrency, in a recent blog post. Hayes believes that the price of the cryptocurrency could skyrocket to as high as $5,000 after the merge if the transition to proof-of-stake ends up being a success and the U.S. Federal Reverse reverses …

Macro U-Turn To Make Ethereum ‘Run Tremendously Hard,’ Says Crypto Hedge Fund CEO

dailyhodl.com The chief investment officer of Ikigai Asset Management is highlighting one key event that’s necessary to potentially spark a rally in cryptocurrencies. In an interview with the Bankless podcast, Ikigai co-founder Travis Kling says that beyond the US Federal Reserve’s policies which risk sending the economy into recession, it’s the ongoing conflict between Russia …

TA: Ethereum Eyes Fresh Surge As It Holds Key Uptrend Support

www.newsbtc.com Ethereum remained well bid above the $1,550 zone against the US Dollar. ETH is rising and might gain pace if there is a clear move above the $1,670 level. Ethereum found support near $1,580 and started a fresh increase. The price is now trading above $1,630 and the 100 hourly simple moving average. There …

Ethereum Price Remains Constricted, Can It Move Above $1,900?

www.newsbtc.com Ethereum price was trading laterally between the $1,700 and $1,600 price mark. At the moment Ethereum was standing firm on the $1400 support line. Over the last 24 hours, Ethereum price depreciated over 4%. Bearishness started to prevail on ETH’s chart and technical outlook pointed towards the same direction. For the bulls to resurface …

Ethereum is Predicted to Reach $ 1,751.63 By Aug 09, 2022

coincodex.com Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment …

How Ethereum Merge Will Impact Crypto Miners?

coingape.com Following Ethereum Merge, ETH miners could be faced with a loss of jobs. Meanwhile, Ethereum (ETH) miners have recorded higher revenue than Bitcoin (BTC) miners in 2022. Despite the devastating effects of the Crypto winter noticed in the space and the surging cost of electricity, miners of both assets have not relented. ETH miners’ …