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Ethereum Funding Rates Hit The Low Amid The Shift From PoW

EthereumAng Mga Rate ng Pagpopondo ng Ethereum ay Bumaba Sa gitna ng Paglipat Mula sa PoW09 / 16 / 2022Balita ng Ethereum ng Bitcoin　　The Ethereum upgrade has shifted the network from Proof-of-Work (PoW) to Proof-of-Stake (PoS). The Ethereum mainet and the Beacon Chain will finally merge as a single blockchain through the transition.　　According to the estimations of EtherNodes, the Ethereum transition will occur if there are no underlying technical challenges. Before now, the team of developers confirmed the checklist for the Merge before releasing it.　　There have been several sentiments and reactions concerning the Merge lately. This significantly impacted ETH and all its derivatives in the crypto market. Some participants are accumulating more expecting a sudden spike in price. But some are even disposing of what they have due to fear of volatility.　　Sentiments On Merge Affects ETH Funding Rates　　Currently, expectations and more attention are glued to the Ethereum blockchain. But based on the state of the miners, there could be variation in the transition estimated time. From the look of things, the ETH futures traders seem to be calculating their moves.　　The data from CryptoQuant nagsiwalat that Ethereum funding rates had hit a new all-time low. This recent point marks the lowest

2022-09-17Ethereum

Where Ethereum [ETH] miners are heading after Merge success

EthereumKung saan patungo ang mga minero ng Ethereum [ETH] pagkatapos ng tagumpay ng Merge09 / 16 / 2022Balita ng Ethereum ng Bitcoin　　As the much-awaited Ethereum Merge was completed on 15 September, Ethereum miners had to look for other alternative coins to keep their operations runing. Therefore, a few coins registered a massive increase in their hashrates.　　The Ethereum PoW, which is a new hard-forked chain created with the motive of sheltering the ETH miners, also shared good news as several mining pools offered their support for the network.　　Most recently, Nanopool anounced that it is going to support the EthPow Ethereum fork, which is expected to be minable in 24 hours after the ETH Merge.　　This is a massively positive development for ETHW as Nanopool had nearly 30TH/s hashrate contribution on the Ethereum network.　　With this newly anounced support, the total number of mining pools supporting ETHW has reached 18, which is a good signal for the ETHW community. Several large mining pools were also on the list, including Poolin, 2miners, Antpool, BTC.com, and several others.　　Whats more on the table？　　Apart from the news of new mining pools joining the ETHW community, the last few days were quite eventful for the community as several updates

2022-09-17Ethereum

The Hype of Ethereum Merge Made a Great Twist in ETH Price!

EthereumAng Hype ng Ethereum Merge ay Gumawa ng Mahusay na Twist sa ETH Price!09 / 16 / 2022Balita ng Ethereum ng Bitcoin　　Last Day was a great and a memorable day for the entire crypto users and ETH community. The big moment of launching the Ethereum Merge has happened treating the users, investors and the whole industry. As it is the current state, everyone is eagerly expecting for a positive note after the merge. To take a deep dive about the Merge, it was a great victory for the Ethereum community for a successful switch from proof-of-work to proof-of-stake.　　Surprisingly, there is a big twist for all the people out there! Unfortunately, the impact of the merge turned-down. In addition, the market witnessed a drastic price drop in Ethereum in the last 24 hours. Analysing the current market state, many crypto experts and analysts are predicting that there will be a massive plunge in the price of Ethereum despite the significant merge.　　However, this negative impact about the price drop, alerts all the investors to lose faith in holding Ethereum for the long term. Probably if this continues, there will be a tremendous price fall and a bearish market for the ETH community.

2022-09-17Ethereum

Ergo (ERG) and Ravencoin (RVN) Hashrates Soar ETH Miners Jump Ship

EthereumErgo (ERG) at Ravencoin (RVN) Hashrates Soar ETH Miners Jump Ship09 / 16 / 2022Balita ng Ethereum ng Bitcoin　　Miners are switching to networks like Ravencoin (RVN) and Ergo (ERG) sending the hashrates skyrocketing in the past few days.　　may ang Pagsamahin on Ethereum now complete, miners are flocking to other networks to continue their operations. The Ravencoin (RVN) and Ergo (ERG) networks in particular are seeing large boosts in hashrate.　　The hashrate on the Ravencoin network has more than doubled, currently at over 17 TH/s after having been less than 10 TH/s only two days ago. With respect to Ergo, the hashrate is now over 200 TH/s, having been 35.32 TH/s on Wednesday.　　The price of these tokens has also been quite volatile. While RVN is down 14.92% over the past 24 hours, it did experience a bump in price as miners were initially switching to it for their operations. Similarly, ERG is down by 4.67% over the last day, with its price also being volatile.　　Ravencoin is a patunay-ng-trabaho blockchain (PoW) used to transfer assets from one party to another. Ergo is a smart contract platform that uses non-interactive proofs of proof-of-work (NIPoPoW) for the network.　　Major mining pools launch ETHW mining　　Mining pools have

2022-09-16Ethereum

After Ripple, Is Ethereum Next On SECs Radar? Heres What Gary Gensler Has To Say - Coinpedia - Fintech & Cryptocurreny News Media

EthereumPagkatapos ng Ripple, Susunod ba ang Ethereum sa Radar ng SEC？ Narito ang Dapat Sabihin ni Gary Gensler – Coinpedia – Fintech at Cryptocurreny News Media09 / 16 / 2022Balita ng Ethereum ng Bitcoin　　The recent Ethereum merge has attracted the attention of authorities, analysts, and investors around the world. However, while the whole crypto community was watching the crucial transition of Ethereum‘s mainet from Proof-of-Work (PoW) to Proof-of-Stake (PoS), U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler spoke out about the transition, which will be enough to bring Ethereum under SEC’s radar.　　Ethereum Is The Next Target After Ripple　　On Thursday, SEC Chair Gary Gensler sinabi that the native PoS cryptocurrencies might be considered to abide by federal securities regulations, and the recently merged Ethereum is no exception. Gensler noted that staked cryptocurrencies that generate profits for investors could easily pass the Howey test.　　The Howey test is a security test for cryptocurrencies; if the test is passed, the cryptocurrency will be considered an investment contract that must follow federal security laws to continue further expansion in the market. An asset is concluded as an investment contract if the money is invested to fund an enterprise with an expectation to generate profits.　　When

2022-09-16Ethereum

Ethereum Transition to Proof-of-Stake May Make It a Security

EthereumEthereum Transition to Proof-of-Stake May Make It a Security09 / 16 / 2022Balita ng Ethereum ng Bitcoin　　As Ethereum struggles to surpass crucial price levels despite ang Pagsamahin, Securities and Exchange Commission Chairman (SEC) Gary Genslers latest comment have triggered a new debate.　　According to Gensler, a crucial criterion used by courts to decide whether an asset is a katiwasayan might be met by cryptocurrencies and intermediaries that permit investors to “stake” their coins, iniulat ang Wall Street Journal.　　SEC chair continues to push the security narrative　　“From the coin‘s perspective… that’s another indicia that under the Howey test, the investing public is anticipating profits based on the efforts of others,” he told reporters after a congressional hearing.　　In Ethereum, staking includes depositing 32 ETH to activate validator software. After the patunay-ng-taya (PoS) transition, the Shanghai upgrade – slated for six to 12 months after the Merge – is an essential phase since it releases the staked ETH.　　Staked ETH and freshly-produced ETH immediately following the Merge will all stay locked on the Beacon Chain and not be withdrawable until the Shanghai upgrade is activated.　　Gensler believes that “[Staking] looks very similar – with some changes of labeling – to lending.”　　Crypto businesses, including Coinbase, Circle, Gemini, Nexo,

2022-09-16Ethereum

Markets Trade Lower Despite Success of Ethereum Merge

EthereumMarkets Trade Lower Despite Success of Ethereum Merge09 / 16 / 2022Balita ng Ethereum ng Bitcoin　　● Bitcoin (BTC): $19,823 −0.4%　　●Ether (ETH): $1,505 −5.6%　　●Index ng CoinDesk Market (CMI): $990 −1.9%　　● S Ang Ether ay ang CoinDesk Ether Price Index (ETX); Gold ang COMEX spot price. Ang impormasyon tungkol sa CoinDesk Index ay matatagpuan sa coindesk.com/index.

2022-09-16Ethereum

Ethereum Classic (ETC) Price Soars 10%, Hash Rate 400% After Merge

EthereumAng Presyo ng Ethereum Classic (ETC) ay Tumataas ng 10%, Hash Rate 400% Pagkatapos Pagsamahin09 / 16 / 2022Balita ng Ethereum ng Bitcoin　　Miners have already switched to Ethereum Classic (ETC) as Ethereum (ETH) successfully transition to proof-of-stake (PoS) and made miners obsolete. In the last 24 hours, the Ethereum Classic (ETC) price has soared over 10% and the hash rate has jumped over 290 TH/s.　　In fact, the massive increase in hash rate is a result of zero-fee ETC mining offered by several mining pools including F2Pool, Binance Pool, and BTC.com.　　Tumalon ang Presyo at Hash Rate ng Ethereum Classic (ETC) Pagkatapos Pagsamahin　　Ethereum (ETH) transitioned from proof-of-work (PoW) to patunay-ng-taya (PoS) without any issues on September 15 at 06:42:42 UTC. The deprecation of PoW made miners obsolete. Thus, miners have switched to other PoW alternatives such as Ethereum Classic.　　As a result, the Ethereum Classic hash rate has jumped 400%, as per mining pool 2Mga Minero. In the last 24 hours, the hash rate has jumped from 58 TH/s to 290 TH/s. The massive jump is caused by zero-fee ETC mining offered by top mining pools.　　Recently, several mining pools including F2Pool, Binance Pool, and BTC.com anounced supporting ETC mining after the Merge. In

2022-09-16Ethereum

Ang komunidad ng Ethereum ay hindi nag-aksaya ng oras sa paggawa ng mga PoS NFT pagkatapos mismo ng Merge

The long-awaited Ethereum Merge has happened, and the community cant sit still. Moments after the historic crypto event, one user minted the first ever nonfungible token (NFT) sa patunay-of-stake (PoS) pinagkasunduan.　　Opisyal, ang Merge ay naganap noong Huwebes sa 6:42 am UTC sa block 15537393. Ang unang anunsyo ng mint at pagbebenta ng NFT ay dumating pagkaraan ng 07:08 amUTC.　　The NFT, which is a time capsule of the moment of the first NFT mint bearin the iconic panda face, was quickly purchased at the price of 36 Ether (ETH).　　Kasunod ng anunsyo ng unang PoS NFT, ang Crypto Twitter ay sumabog sa mga retweet at komentaryo. Ang mga komento ng komunidad ay mula sa kaduda-dudang paggawa ng desisyon hanggang sa pagtawag dito na sunog. Nagtanong pa ang isang user kung ang Merge panda ang magiging bagong unggoy, bilang pagtukoy sa iconic na Bored Ape Yacht Club personas.　　Nauugnay: Breaking: Makasaysayang araw para sa crypto habang nangyayari ang Ethereum Merge sa proof-of-stake　　Matapos mabalitaan ang unang NFT mint at pagbebenta, nagsimula ang avalanche ng mga una para sa bagong blockchain operating system.　　Si Sheldon Evans, ang nagtatag ng Web3 lifestyle brand na Bloom, ay nag-tweet na ang brand ay lumikha ng unang opisyal na koleksyon ng

2022-09-16Ethereum

The Merge Goes Live, And A New Era For Ethereum Begins

After months in the works, Ethereums Merge goes live without hitches.　　The Merge sees the networks transition to an energy-efficient Proof-of-Stake (PoS) consensus mechanism.　　Not all entities are pleased with the new feat, with some critics poking holes into the future of Ethereum.　　Ethereums developers can breathe a sigh of relief after the widely-anticipated Merge event occurred, ushering in an era of energy efficiency and inovative scaling solutions.　　On Sept 15, at block 15537393, Ethereum ditched Proof-of-Work (PoW) following the Merge of the Beacon Chains consensus layer with the Ethereum mainet execution layer. The event took place at 6:42 UTC, and at its completion, the second largest network took a giant leap into the future.　　The transition has been hailed as slashing the energy consumption rate of the network by as much as 99.9% since barely any computing power will be used to secure the network. Vitalik Buterin and other leading developers stated PoS would improve the scalability and security of the network.　　“And we finalized,” tweeted Vitalik Buterin, Ethereums co-founder. “Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.”　　The road to the Merge was anticipated by Google, with the search

2022-09-16Ethereum