Ethereum Merge Not Yet Boosting Crypto Stocks

Ethereum’s recently completed merge – one of the more widely anticipated cryptocurrency events in recent memory – isn’t yet lighting a fire under crypto-correlated stocks, but there’s lingering hope the merge will have positive medium- to long-term implications for crypto equities. If that scenario plays out, it could spark an upside...

Read more...

Why crypto’s big ‘merge’ is causing big headaches – Business

The biggest software upgrade in the short history of crypto has fulfilled its promise to wipe out more than 99 per cent of the electricity used by the second-biggest cryptocurrency, experts have told AFP. That is no mean feat, given that the Ethereum blockchain was burning through about as much electricity...

Read more...

Ethereum lost almost 20% of its market cap since the Merge upgrade

The historic Merge upgrade resulted in anticipation regarding Ethereum’s (ETH) prospects for the future with the possibility of attracting new users to the platform. However, with the prevailing market downturn, the initial stages of the Merge have failed to live up to the expectations with the asset recording capital...

Read more...

7 Ethereum developers would like to sell you on the Merge

Since the founding of Ethereum in 2015, an animating question that plagued the community was answered at exactly 06:42:59 UTC on Thursday, Sept. 15, 2022.Ethereum, the technological layer where a new class of applications and self-organizing organizations are being built, eliminated its reliance on an energy-intensive consensus mechanism called proof-of-work...

Read more...

Arthur Hayes Says Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets

BitMEX co-founder Arthur Hayes says that the market still hasn’t priced in the significance of Ethereum’s (ETH) successful transition to a proof-of-stake consensus model. In an interview with Raoul Pal of Real Vision, Hayes says that the Ethereum network is now capable of supporting a new ecosystem filled with new businesses...

Read more...

The Ethereum Merge Is Successful – How Will It Impact Traders and the Global Crypto Market?

HodlX Guest Post  Submit Your Post   After months of speculation, the long-awaited Ethereum (ETH) merge finally took place on September 15, 2022. The merge saw the popular blockchain network move from its hardware-based PoW (proof-of-work) model to the more environmental-friendly PoS (proof-of-stake) model. The merger will see the Ethereum blockchain reduce its carbon...

Read more...

Crypto Logs: ETH Merge Has Minor Impact on BTC-Focused Equities

About two weeks after the completion of the Ethereum Merge, investors have likely heard about several of its implications on Ether (ETH), Bitcoin (BTC), and the broader crypto industry. What is less clear is if and how the Merge will affect the companies within the crypto ecosystem. Using the Alerian...

Read more...

The Ethereum merge solved one big crypto problem. But mainstream adoption won’t happen overnight

Steps away from the Temple of Poseidon, a monument to the golden age of Athens, sits the five-star Cape Sounio hotel. There, last October, more than 40 blockchain developers descended for a high-stakes workshop they dubbed Amphora. Outside, tourists explored the beauty of Greece. For their part, the devs sat...

Read more...