Crypto Holders Grew 39% to 425 Million in 2022: Crypto.com
Crypto.com reported on January 19 that global cryptocurrency holdings rose 39% in 2022, from 306 million in January to 425 million in December. Read CNL.
EthereumMerge
Ethereum Rally Proves Shaky Right Before The Merge
Ethereum price is unimpressive at best despite The Merge arriving on September 15. Some suspect that ETH rally may be over, while others advise to short it. On the other hand, some cryptocurrencies such as Bitcoin (BTC) and Polygon (MATIC) are showing bullish signals. Despite leading the market in bouncing back after a frigid first half of 2022, Ethereum (ETH) seems to be weakening right before The Merge. At the time of writing, ETH is changing hands at $1,691.19, according to CoinGecko. This is a 24-hour loss of almost 5%. Ethereum’s weak performance prompted some crypto influencers and analysts to
Ethereum 2.0 Will Drop Its Energy Consumption by 99.95%
Ethereum 2.0 will save a huge amount of energy. The network’s energy consumption will drop by 99.95%. The energy saved will be equal to the same amount generated by 11,000 wind turbines. The Ethereum merge will have Ethereum drop by 99.95% in energy consumption. To put it into perspective, this is equal to 15 big nuclear reactors or 11,000 wind turbines. Indeed, the Ethereum merge is a huge win for the environment. In detail, the Ethereum merge will reduce consuming 110 TWh or 110 billion killo-watt hours of energy annually. This is pretty much the same energy consumed by more
Ethereum Launches Bellatrix Hard Fork Before Ethereum Merge
Ethereum deploys Bellatrix hard fork right before the Ethereum merge. Vitalik Buterin reminds the Ethereum community to update their clients in preparation. The Ethereum merge will likely occur between September 13-15 as planned. The Ethereum blockchain is just gearing up for its much-awaited merge. In preparation for this merge, the blockchain is launching many small upgrades, hard forks, and more. The latest of these deployments in the Bellatrix hard fork. The co-founder of Ethereum — Vitalik Buterin, took to Twitter today to address the masses. He says that today is just as important as the day of the Ethereum merge. Today
The Ethereum Merge Could Become a Scammers Paradise
The crypto community receives a friendly reminder to be vigilant amid the Ethereum merge. One user claims that the merge could act as a high potential for increased scams. After this coveted event many expect the next big event to be Bitcoin Halving. As the Ethereum merge approaches, the crypto community is in a tizzy over what to expect from this phenomenal event. In particular, one thread on Reddit claims that the Ethereum merge will turn out to be a haven for scammers. In detail, the CryptoCurrency thread on Reddit has one user warning the crypto community to be extra
