Cryptocurrency Analysis and News Portal
Just last week, Ethereum developers announced the parameters for which the Goerli merge will occur. The test is a two-step process, with the first step happening most likely today or tomorrow (August 3-4). This first step is known as Bellatrix, which is when Goerli’s Beacon Chain, Prater, upgrades in preparation
Read More
Ethereum’s tenth shadow fork went into effect yesterday, 26 hours earlier than expected, as the network continues to run tests ahead of the anticipated merge from proof-of-work to proof-of-stake. In preparation, Ethereum has been undergoing a series of test forks which copy data from the main network (mainnet) to a
Read More
The ZK rollup race between Ethereum layer 2s Scroll, Polygon and Matter Labs may come down to definitions. Source
Read More
Ethereum's native token Ether (ETH) tumbled on July 26, reducing hopes of an extended price recovery. The ETH/USD pair dropped by roughly 5%, followed by a modest rebound to over $1,550.Ethereum gets rejected at $1,650 These overnight moves liquidated over $80 million worth of Ether positions in the last 24 hours,
Read More
Ethereum researcher, Vivek Raman, is convinced that Ethereum’s (ETH) upcoming transition to a proof-of-stake system will enable it to take over Bitcoin’s (BTC) position as the most prominent cryptocurrency."Ethereum does have, just from an economic perspective and because of the effect of the supply shock, a chance to flip Bitcoin,"
Read More
At the developer-focused conference, Buterin spoke about the upcoming "Merge" in which Ethereum will make a full transition from proof of work to proof of stake. Discussing the Merge's long term and short term outcomes , Buterin said ”after the merge you will be able to build an ethereum client
Read More
For example, if an enterprise customer wants to set up a stablecoin, that might require high gas fees on the Ethereum mainnet to some extent, Cerveny said. A second tier of transactions could use the Polygon mainnet and would incur a smaller fee, he noted. Then there are a large
Read More
Godbole reported separately (yes, he was busy) that a Bank of America survey found investor pessimism – in traditional markets, not crypto – at dire levels. And that might be a contrarian indicator, which might be good for stocks, and thus good for bitcoin, since the assets have largely been
Read More
Last week, Ethereum’s Sepolia testnet successfully switched to PoS. Goerli, the third and final of three public testnet will run through the Merge process on August 11. The parameters that trigger the test will be determined in the next Ethereum Foundation All-Core Developers call. These testnet merges, which served as
Read More