Ethereum News

Lido-Finance-represents-the-largest-LSD-provider
Lido Finance represents the largest LSD provider

Staking Ethereum Initial requirements maybe be an issue when staking ETH. The LDO token can be traded on exchanges. When you want to stake ETH, one of the issues an individual may face is the initial requirements. You don’t have to buy any mining rigs (unlike with Proof-of-Work Bitcoin), but you do need a minimum of 32 ETH to start getting rewards. With the current ETH price around $2,000, that equals $64,000 – which might be out of reach for some investors. Lido Finance bridges the gap for users by allowing them to combine their ETH. Individual investors may stake

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How-To-Make-a-Profit-From-the-Upcoming-Ethereum-Fork
How To Make a Profit From the Upcoming Ethereum Fork

The day of the Ethereum merge is getting closer.  Traders are looking for ways to profit during the shift from PoW to PoS consensus.  One trader in particular shares their experience on how to profit during the fork. An experienced crypto trader explains how it is possible for other crypto traders to make a decent profit from the upcoming Ethereum (ETH) fork. The trader shares their experience from the original Bitcoin (BTC) fork and how they made a profit then.  In detail, the trader shares their excitement over the Ethereum (ETH) fork. They begin by expressing how there is serious

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Ethereum’s-‘The-Merge’-Will-Not-Change-Price-of-Gas-Fees
Ethereum’s The Merge Will Not Change Price of Gas Fees

Ethereum’s upcoming ‘merge’ will not reduce the gas fees. The ‘merge’ is also expected to get rid of the need for energy-intensive mining. The upgrade is expected to be live before September 19. The Ethereum Foundation, a non-profit organization supporting Ethereum and related technologies, clarified on August 17 that the anticipated ‘The Merge’ will not “change any parameters that directly influence network capacity or throughput.” Implying that the gas fees will be high when more people are using the blockchain. And, gas fees will only decrease when less people use it. Furthermore, the non-profit organization also disclosed that ‘The Merge’

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Ether-derivatives-trading-is-surging
Ethereum Name Creation Doubles to 2 Million in 4-Months

Name Creation Doubles In Four Months to 2 Million. The domain names may be bought and traded on NFT exchanges. Statistics show that 122,327 names were registered in June. As the project experienced the biggest monthly income increase in July, the number of Ethereum Name Service (ENS) domains soared. The astounding two million registration mark has now been broken. The Ethereum Name Service also referred to as ENS, describes itself as a web3-compatible, decentralized protocol that connects intricate, artificially created alphanumeric strings to human-friendly names. The Ethereum blockchain powers the not-for-profit naming system, where ENS domain names are protected by

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The-date-for-the-Ethereum-Merge-is-officially-confirmed!
The Ethereum Merge’s Date Has Been Formally Announced!

Ethereum developers officially confirm the date for the merge. The new date for the merger is roughly in line with a late-August timeline proposed by founder Vitalik Buterin earlier this year. The merger has become a dominant narrative in the crypto space in recent weeks. With the merge, Ethereum will go from a proof-of-work consensus model to a proof-of-stake consensus model, drastically reducing its environmental effect and increasing network efficiency. The timetable for going live with the merging on the Ethereum blockchain has, however, been postponed multiple times due to the intricacy of the project. The team working on the

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How-high-can-$ETH-go-leading-in-to-the-merge
Will Ethereum Price Reach $4K as ETH Merge Closes In or Will It Decline?

ETH may reach new ATH Ethereum is close to breaking $2000 Developers aim to complete ETH merge on September 19, 2022 As days go by, the most anticipated Ethereum merge comes closer. The cryptocurrency developers are forecasted to complete the merge on September 19, 2022. The event thrilled traders and crypto analysts about the potential surge of the price of ETH in the coming days. Some are bullish that ETH may reach new ATH, while others hold their horses while waiting for the final result. Source: TradingView Despite the bearish market, Ethereum is able to prevail in defying the dragging

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Ethereum’s Goerli Testnet Transitions to Proof-of-Stake (PoS)

Goerli testnet successfully merges to proof-of-stake (PoS). Ethereum’s upgrade has caused the price of ETH to break the $1,800 level. The price of ETH is at $1,894.07 at the time of publication. Goerli, Ethereum’s largest testnet, successfully completed the move to a Proof-of-Stake (PoS) system late Wednesday. At around 1:45 UTC, the shift happened by the time the Terminal Total Difficulty (TTD) hits 10,790,000. This historic shift was made possible through a series of tests completed by the developers. All are now watching closely the final merge, which was expected to transpire this coming September. However, many people believe that

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Ethereum-Poised-for-$2.3K-as-Price-Now-Nears-$2K-Mark
Ethereum Poised for $2.5K as Price Now Nears $2K Mark

Ethereum price is now prepared to reach $2,500 soon. $2,000 is relatively easy to achieve. However, RSI and trading volume suggest a sellout may happen. Ethereum (ETH) is now showing extremely bullish signals, suggesting that the bottom may have indeed been in for the second-largest cryptocurrency by market capitalization. From a low of $1,650 on August 10, ETH’s current price is now at $1,897.74, according to CoinGecko. The astounding surge in ETH price happened right after the US announced an inflation rate of 8.5%, which is even lower than the expected minimum rate of 8.7%. This caused various markets to

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Bitcoin and Ethereum Smash New All-Time High at the Same Day
Bitcoin, Ethereum Retrace in Preparation for Big Rally

The crypto market suffered a retracement despite a bullish weekend. Bitcoin may have found a floor price, according to JP Morgan. Ethereum may also return to $2,000 soon. Despite a bullish weekend that set a buying frenzy among traders and investors, the crypto market experiences a retracement. Most major assets like Bitcoin (BTC) and Ethereum (ETH) suffered a big dump, showing that a rally is not on the horizon anytime soon. As seen on the chart above, Bitcoin is struggling to establish a foothold at the $24,000 price level. In fact, BTC price was only within $24,000 for two candlesticks

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Ethereum-Transaction-Fees-Still-Plummeting
Ethereum Transaction Fees Still Plummeting

Ethereum’s transaction fees have remained ultra-low. The average transaction fee on the network as of May was $3.77. The fee has currently plummeted to below $1 Ethereum‘s transaction fees have remained ultra-low despite the price jump since mid-June. Ethereum’s transaction fees are still plummeting. This is after Ethereum’s largest layer 2 protocol Arbitrum launched a new chain that promises ultra-low-cost transactions together with the Scarcer circulation protocol. Arbitrum Rollup Chain is a major development for the Ethereum ecosystem, as it has helped to drive down transaction fees and make the network more scalable, as it is designed to be compatible

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Ether-derivatives-trading-is-surging
Ethereum Derivatives Trading Is Surging

Ether derivatives trading is surging amid increased interest. Large traders increasingly speculate on the cryptocurrency’s upcoming transition. Open interest in ether options across top-tier exchanges increases. The value of ether, the native cryptocurrency of the Ethereum network, has surged in recent months as the network has become increasingly popular with developers and businesses. Interest in ether derivatives, which allow investors to bet on the future price of the currency, has also been growing rapidly. Ether-based derivatives are heating up as large traders increasingly speculate on the cryptocurrency’s upcoming transition from proof-of-work to proof-of-stake. Large hedge funds and other institutional investors

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Ethereum-Is-Driven-by-Utility-and-Functionality
Ethereum Is Driven by Utility and Functionality

Ether is the native asset of the Ethereum platform. Transferring Ether from one wallet to another is relatively inexpensive. People want to hold Ether similar to how people want to hold oil. Ether is the native asset of the Ethereum platform, meaning it’s used in order to process any transaction or state change on the blockchain. Users and developers use Ether as “gas” in order to “fuel” the applications that run on Ethereum; this “gas” is sent to the miners as a reward for validating the transaction.Each computation has a set gas price, meaning that the more complex the transaction,

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