Etheruem Merge
38 subscribers
34 photos
14 links
⚠️ Insights and Breaking News on Ethereum and the whole crypto/finance ecosystem.


➡️
Admin: @Vip_support01
Download Telegram
If you Google Ethereum merge this graphic comes up, seems that Google is paying attention.

© Ethereum Merge ✔️
Buckle up for the incoming volatile week

keep 👀 on dates....

Sep 13 - CPI Data

Sep 15 - ETH Merge

Sep 16 - Mt. Gox Claims Deadline
MetaMundo’s 3D NFT Villa Opens Questions about the Function of Architecture in the Metaverse

MetaMundo
has launched its second three-dimensional NFT, an ocean-adjacent villa, complete with an NFT gallery, meditation pavilions, and entertaining areas. The structure was designed by American architect and hybrid-creative Luis Fernandez to become an immersive space for meeting, playing, and relaxing.

Architecture built for the metaverse seems to divide into two different approaches: taking full advantage of the lack of constraints, such as physics, to create a sculptural object that can be explored or reiterating familiar shapes and forms of architecture. According to architect Luis Fernandez, his approach is based not on the shape of the final object, but on functions that architecture can serve in the metaverse. For Luis Fernandez, one of the main uses of the metaverse will be meditation.

Source
Study Reveals the Most Interested Country in the Ethereum Merge

Singapore
, Switzerland, and Australia are the most interested nations in Ethereum’s shift to PoS, known as “the Merge.”.The cryptocurrency ranking and evaluation platform – CoinGecko – examined global Google trends to determine which nation is the most excited about Ethereum’s upcoming transition from Proof-of-Work consensus mechanism to Proof-of-Stake.

The second-biggest cryptocurrency protocol – Ethereum – is on its way to becoming the first in its field that shifts from PoW to PoS. The development, expected to occur this month, seems to be the most interesting for the residents of Singapore, who collected a total search score of 377. Its population was typing “Ethereum Merge,” “Ethereum,” and “ETH Classic” more than any other nation across the globe. Germany has a score of 231 and ranks third. The world’s leading economy – the USA – is fourth with 219 points.
Updates Regarding the Upcoming Ethereum Merge (2022-09-13)
https://www.binance.com/en/support/announcement/9a4805dffb8741a78f26075762a22a9c
🔥 #Ethereum merge progress has been completed 99.95%, and 10 hours remain until Ethereum merges to proof-of-stake.

© Ethereum Merge ✔️
Estimated Time of #ETHmerge Around The World 🌎

🇺🇸 Miami 1:00 EDT
🇺🇸 San Francisco 22:00 PDT
🇨🇦 Vancouver 22:00 PDT
🇲🇽 Mexico City 00:00 CDT
🇬🇧 London 06:00 BST
🇩🇪 Berlin 07:00 CEST
🇫🇷 Paris 07:00 CEST
🇳🇱 Amsterdam 07:00 CEST
🇸🇮 Ljubljana 07:00 CEST
🇦🇪 Dubai 09:00 GST
🇸🇬 Singapore: 13:00 SGT
🇲🇾 Kuala Lumpur: 13:00 MYT
🇵🇭 Manila: 13:00 PHST
🇨🇳 Beijing: 13:00 CST
🇰🇷 Seoul: 14:00 KST
🇯🇵 Japan: 14:00 JST
🇹🇭 Bangkok: 12:00 ICT
🇮🇩 Jakarta: 12:00 WIB
🇻🇳 Ho Chi Minh City: 12:00 ICT
🇦🇺 Sydney: 15:00 AEST
🇮🇳 New Delhi: 10:30 IST

Keep in mind that the time is only an estimate!

The #merge will only be activated once the current network reaches a Terminal Total Difficulty (#TTD) of 58750000000000000000000. 🙌

© Ethereum Merge ✔️
Massive funding ETH haha
ETH Ready to the moon 🌕
Ethereum (ETH) has activated The Merge and shifted to Proof of Stake (PoS)!

Ethereum $ETH has activated The Merge and transactions are now being processed under Proof of Stake. The first epoch was finalized at 6:59 AM UTC today. The Merge has been in development since 2020, and represents the official switch to using the PoS Beacon Chain for block production. This reduces Ethereum's energy consumption by more than 99%. The Merge will also reduce Ethereum’s issuance of $ETH by roughly 90%.
🔥 Ethereum’s Transition to Proof of Stake Now Complete

© Ethereum Merge ✔️
The Ethereum Merge is complete. Proof-of-Stake is live


Good thing: the Merge hasn't imploded the market

Bad thing: we kinda lost the last bullish narrative we had

© Ethereum Merge ✔️
ETH Quick Take:

🔸 ETH is currently not looking good on the Daily Chart. It looks like the price is forming a big Head and Shoulder pattern (Bearish) which could play at no particular time.
🔸 The recent volume bar has a bearish engulfing as well. This shows that sellers are dominating the current move.
🔸 The 1,800-1,700 are still the crucial resistance zones for ETH to reclaim.
If ETH continues to move downward, the next support sits at 1,276 area. And the measured drop for the H&S pattern is at 1000$ zones.
🔸 Always manage your risk, the market is still uncertain until a clear bullish breakout is confirmed

© Ethereum Merge ✔️
What is the highest price #Ethereum #ETH
will reach in 2022?

© Ethereum Merge ✔️
Someone has been filling $ETH longs at these levels, on Bitfinex
📣 Ethereum could face SEC scrutiny after The Merge.

Ethereum’s shift from proof of work to proof of stake may cause the Securities and Exchange Commission to take a closer look at regulating the cryptocurrency as a security, Chair Gary Gensler hinted on Thursday.

Gensler’s comments came hours after Ethereum’s big shift, known as The Merge, took place. The SEC chair mentioned the Howey test, a tool regulators use to determine whether an asset is a security, when he spoke with reporters after a Senate hearing.

“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,” Gensler said, according to The Wall Street Journal. He noted he was not referring to a specific cryptocurrency.
Someone Paid $60K (36 ETH) in Fees to Mint the First NFT on Ethereum After The Merge

Someone paid a whopping 36 ETH to make history by minting the very first NFT on Ethereum after its transition to proof-of-stake. The Ethereum network went through its largest upgrade in history, transitioning to a Proof-of-Stake consensus algorithm. Immediately after that, users are finding clever ways to commemorate the event and to become part of history.

Minted at block height 15537394, the image itself represents a panda face and is called “The Transition.”.There’s a certain irony in the fact that someone paid so much to mint an NFT, but it’s also important to note that the Merge itself doesn’t do much to decrease gas fees on Ethereum’s network. The Merge has changed the overall consensus algorithm and doesn’t expand the network capacity – this is why it won’t significantly reduce the gas fees.

© Ethereum Merge ✔️
📣 BitFinex supports NEAR network USDT deposit and withdrawal.

This is the first centralized exchange to support NEAR network USDT deposit and withdrawal after Tether officially announced USDT support on NEAR 2 days ago.

ETH | BTC & ALTCOIN News
​​📈 Market Overview.

Bitcoin attempted to violate local lows on September 16 as the latest cross-crypto downtrend intensified. Bitcoin exchanges have seen huge volumes this month as price declines lead to renewed interest in trading. Data from Cryptorank.io showed BTC approaching $19,800 at the time of writing, with buyer support just avoiding a further drop.

The Top-10 cryptocurrencies are traded in different directions: XRPL +7.57%, Cardano +1.27%, Ethereum -2.85%.

Market capitalization: $1.01T (-0.25%)
The BTC dominance: 37.51% (+0.79%)
Fear & Greed Index: 22 (Extreme Fear)

ETH | BTC & ALTCOIN News
Bitcoin hash rate hits NEW ALL-TIME HIGH

ETH | BTC & ALTCOIN News
🟠 Binance accounting bug leads to $20m misallocation of $HNT tokens.

An accounting bug at Binance has led to a windfall in Helium Network’s native HNT token for some users and shouldered the world’s largest crypto exchange with a multimillion-dollar shortfall, according to people familiar with the matter.

Binance is down some 4.8 million HNT tokens that were erroneously disbursed to users, many of whom quickly sold the tokens for profit, the people said. At Friday’s prices those assets were worth about $19 million.

ETH | BTC & ALTCOIN News