ETH Merge hopium or an expensive price/earnings level – Take your pick

The cryptocurrency market has continued to recover over the last few days. In fact, the crypto-market gained a total of $150 billion to its capitalization, which now stands above $1 trillion. Ethereum is the absolute leader in terms of price performance over the last few days too – Up by 22% in a week and … Read more

Only 17% of Ethereum stakers are in profit as validator deposits decline

83% of Ethereum (ETH) stakers are underwater as the digital asset continues to trade at around $1000, Glassnode reported on July 6. Source: Glassnode Parsec Finance founder Will Sheehan first revealed this on Twitter on July 1 with a chart that showed only 17% of Ethereum validators were in profit. ETH stakers by entry price … Read more

Upcoming Ethereum Merge ‘Dress Rehearsal’ Makes Way for Bellatrix Upgrade

With the Ethereum Merge expected early this month, network developer Tim Beiko has announced the Bellatrix upgrade for June 2. This is the improvement upgrade that prepares the Ropsten Beacon Chain for the Merge. Sponsored Sponsored On May 30, Ethereum announced the launch of a new beacon chain on the Ropsten network to provide consensus. … Read more

Ethereum: Here’s the caveat to look out for as ETH 2.0’s TVL reaches new ATH

Ethereum, the largest altcoin within the crypto market possesses one of the strongest enthusiasts/holders within this domain. Despite many headwinds, these holders have maintained an undeterred narrative regarding holding their coins. Just recently, on 4 May, nearly 2.56 million ETH had left centralized exchanges since January. Can this trend continue to show amidst the growing … Read more

What 12M ETH staked in Ethereum consensus layer reveals about price

Momentum around Ethereum, the largest altcoin has significantly increased or remained bullish of late thanks to the much-anticipated ‘Merge‘. Last month, the Ethereum consensus layer deposit contract had surpassed 10 million in ETH staked. This represented roughly 8% of the entire Ethereum supply. Fast forward to April end, stakers continue to uphold their bullish sentiment. … Read more

Ethereum: Despite delayed ‘Merge’, why investors haven’t lost hope in ETH

With so much going on concerning Ethereum, the “phase 0 layer” or the Beacon chain began the affair. It reformed the consensus model from Proof of Work to Proof of Stake. Launched in December 202o, it marked the beginning of a new era for the market’s second-biggest asset. ‘Beacon’ of hope The Ethereum network has … Read more

Ethereum ‘Merge’ Successfully Takes Place on Kiln Testnet

The Ethereum Foundation has announced that the “Merge” successfully took place on the Kiln testnet. This is the final public testnet before the transition to proof-of-stake later this year. Sponsored Sponsored Ethereum’s “Merge” has successfully taken place on the Kiln testnet, according to blockchain data on the testnet. The event took place on March 15, … Read more

Ethereum ‘Merge’: The final public testing phase for ETH is slated on…

‘Eth2’ or now called ‘consensus layer’ had a speculative date for the launch. However, one Reddit member (u/superphiz) of the r/ethstaker community predicted that it would happen in June of this year. It’s important to note that the Kiln testnet was the final public testing phase before the long-awaited Ethereum ‘Merge.’ Edging closer Now, more … Read more

Kiln Testnet Running Smoothly as Clock Ticks Down to Ethereum ‘Merge’

The Ethereum network has entered one of the final testing phases before the long-awaited ‘Merge’ heralds in a new era of proof-of-stake consensus. Sponsored Sponsored The final public testnet called Kiln when live last week to simulate the merger of Ethereum’s proof-of-work chain with the Beacon Chain, which is now called the consensus layer. Sponsored … Read more

The much anticipated Ethereum merge with the Beacon chain might occur in…

One of the world’s biggest blockchains Ethereum is testing a new way to approve transactions. It will be merging the existing Ethereum mainnet with the Beacon chain of the Ethereum 2.0 system. It is scheduled for launch in the second quarter of 2022. However, an exact date has not been disclosed. Logical month for the … Read more