Bitcoin (BTC) e Ethereum (ETH) are experiencing high volatility as the Federal Reserve decided to yet again raise the country’s interest rate by 0.75%, reaching a range between 3% and 3.25%. Right after the Federal Reserve announcement, cryptocurrencies took another hit. However, this time the digital assets look like they were able to withstand the […]
Category: Ethereum
September 23, 2022
September 22, 2022
Ethereum Miners Sold Almost 30K ETH Since The Merge
Since the merge – Ethereum completely abandoned proof-of-stake in order to adopt a staking consensus. As of right now, the Ethereum mining community has sold over $40 million in ETH. According to research from OkLink, the dump began a week before the merge. Recent reports estimate that Ethereum miners sold nearly 15 thousand Ether in […]
September 22, 2022
Ethereum Falls 20% After SEC Potentially Classifying Ether As Security
Despite last week’s successful shift to proof of stake, Ethereum has recently dropped by more than 20% as the shadow of a major US regulations falls over its expanding aspirations. The transition changed Ethereum’s consensus from proof-of-work, to PoS – which requires far less energy when compared to cryptocurrency mining. However, this transition could also […]
