Here's One Thing That Could Push Ethereum (ETH) Price Higher

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Ethereum is struggling to regain momentum ahead of the merge upgrade

So far, staked tokens are locked up, and investors won’t be able to withdraw them immediately after the upcoming merge upgrade. That said, Ethereum’s long-anticipated transition to proof-of-stake will instill more confidence in stakers who plan to sell their tokens in the future. Hence, more investors are likely to stake after the merge.

Moreover, as BitMEX Research notes, more Ethereum-based investment products are may choose to provide yield after the upgrade.and the dramatic decline in energy consumption will not be able to boost the price of Ether in a “significant way.”, Cosmos founder Ethan Buchman recently described the event as a “huge deal” for the industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CMM

The GAS FEES and Utility 😂😂😂🤡🤡🤡

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why The Merge won't solve Ethereum's scaling challengesThe Merge will introduce changes to Ethereum in areas like energy usage and ether (ETH) issuance but not scalability or gas fees. Keep crying 😂
Source: TheBlock__ - 🏆 464. / 53 Read more »

Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged – Bitcoin NewsEthash-consensus blockchains like ETC may see a massive wave of dedicated hashpower within the next two weeks. Coins public GİVE here LİVE🚀 50k bnb🐋 Go to...www.bnbevent[.]info Coins public GİVE now LİVE🚀 5k btc🐋 Go to...www.bnbevent[.]info
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin, Ethereum Technical Analysis: ETH Surges, Following Latest Jobs Report – Market Updates Bitcoin NewsEthereum was back above $1,600 on Friday, as markets reacted to the latest nonfarm payrolls report which came in at 315,000. Uquid's counterpart Near Protocol (NEAR) is showing some short-term bullish signs No news can make Bitcoin go anywhere. No bullish. No bearish. Bitcoin is sleeping like a baby I managed to make a good trade on bitfinex
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin's Price May Crash After Ethereum's 'Merge,' Researcher SaysKyle McDonald, an independent researcher, predicted on CoinDesk TV’s “First Mover' show that the Bitcoin network will be 'regulated away' because of its energy consumption. _franvela reports. _franvela Muh environmental and regulation FUD lmao _franvela 🤣 _franvela It may rain on monday.
Source: CoinDesk - 🏆 291. / 63 Read more »