Ethereum’s Ropsten testnet beacon chain goes live, set for June 8 merge

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum’s Ropsten testnet successfully launched its proof-of-stake (PoS) beacon chain on May 30 as the highly anticipated merge of the network draws nearer. Ethereum developer Tim Beiko announced the development on Twitter, describing it as the first dress rehearsal of the … Read more

Ethereum’s merge could help save DeFi TVL, Bloomberg reports

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! DeFi investors are hoping that Ethereum’s Merge will pull the crypto market out of its current bear market, according to a Bloomberg report. Data from DeFiLlama shows the total value of assets locked in the space has touched new lows. According … Read more

More than 10% ETH deposited in ETH 2.0 contract but here’s the caveat

Ethereum, the largest altcoin continues to suffer the bearish winter within the crypto market. ETH slipped below the $2k mark following aggressive sell-offs from traders/investors. The number of addresses in loss reached an ATH of 34,966,535 as per Glassnode. Thus, showcasing the reason behind the event. However, the altcoin has another ace up its sleeve- … Read more

Ethereum breaks support, drops to yearly low versus Bitcoin

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum has broken a support level it has held since November 2021 on the ETH/BTC chart. Ethereum, the world’s second-largest cryptocurrency by market cap, has fallen against Bitcoin by more than 20% since its peak in December. Source: TradingView Fear of … Read more

Will $26B staked in ETH 2.0 be unlocked and sold after the merge?

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! It has been confirmed that the Ethereum Consensus Layer will be launched as soon as August 2022. After years of delays, “the Merge” is finally here. However, there is some concern over what will happen to the price of Ethereum (ETH) … Read more

Ethereum [ETH] attempting to sustain itself over $2k level thanks to…

ETH is back on track after recording a 4% bull run in the last 24 hours. After a difficult series of weeks, ETH developers have finally released a bit of good news. A core developer posted a tweet signaling the release of the testnet on 8 June. The Ethereum community seems to have a sigh … Read more

Ethereum dev reveals date for ‘Merge’ testnet

In a significant breakthrough for Ethereum, the Ropsten public testnet is scheduled for the “Merge” next month. The “Merge” refers to merging the current Proof-of-Work (PoW) chain with the beacon chain Proof-of-Stake (PoS) system. It signals an end to PoW on Ethereum, leading to a new, more scalable, sustainable, and environmentally friendly future. According to … Read more

What these data points tell us about where Ethereum is heading

Ethereum’s network looks all set for the year 2022 and for the years to come, as per a new report released by a16zcrypto. The 2022 State of Crypto report discussed the trend lines of the crypto-industry and the development of Web3. Lying at the heart of it is Ethereum with its smart contract platforms that … Read more

ETH darlings need to know this before they open a position this bear season

Ethereum investors continue to show faith in their loved altcoin even after the recent crash. Despite the macro headwinds, ETH is now ranging above $2,000 repaying the faith of the investors. Now, the pertinent question remains- Is the Luna debacle still affecting Ethereum? The recent slump caused a major worry in the Ethereum community which … Read more

Ethereum: What to expect as ETH stages a near 10% recovery on the charts

ETH is showing strong signs of recovery after a recent meltdown of the crypto market. The parity was restored after a near 10% growth surged ETH above $2,000. Impressively, it has been able to hold this position after plunging below $1,700 in the past week. What can we expect from the flagship alt coin? Is … Read more