It is incredible to see the spotlight on ETH as the MERGE is all the talk on Bloomberg and CNBC. This narrative will only get louder as we near the long awaited celebration of POS.
Daily Transactions on network: ETH 1.3m BTC 225k
ESG Goals: ETH will be 99.95% more efficient than Bitcoin. Bitcoin, is still being mined by China Coal - *Bloomberg Citation
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Hello ! today i had this strange idea to put this inverse chart here
There was a psychology study that showed that humans interpreted tops and bottoms with different emotions
Assuming this is a local bottom for bitcoin ,we may take a look at this chart as well
Of course bitcoin can go much lower in the next 48 hours
But this will be interesting to watch
Bitcoin...
Ethereum announces a shift from Proof of Work to Proof of Stake.
With this new model, investors don’t have to solve complex grinding and electricity-consuming puzzles.
However, due to the delay in this merge, Ethereum fell from $3,125 to $2,947
A flux and variability have been seen in the Ethereum(ETH) algorithm from Proof of Work (POW) and adopting a new pathway...
Bitcoin has been slumping pretty hard against ethereum which is a big positive for the altcoin market and the fall might just be starting, everything on BTC/ETH is looking very bearish. We have broken down below 2 pretty heavy downtrend support lines and looking at our current price action it is looking like we will see a daily close below both of these levels...