Ethereum Miners Are Quickly Dying Less Than 24 Hours After the Merge

The reward for mining an Ethereum Classic block about 24 hours ago was ETC 0.0186484, or about 70 cents, but a check in the past hour found thatโ€™s tumbled to just ETC 0.00030658, or about 11 cents, according to data from Minerstat. Similarly, RVN miners could earn RVN 30.28478584, or $1.77 per block 24 hours ago, and in the past hour, thatโ€™s dropped to just RVN 0.82968431, or about 5 cents. Source

WATCH: Ethereum Merge Sell The News Event | ETHUSD September 15, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine the price action in Ethereum following the Merge upgrade in both the ETHUSD and ETHBTC trading pairs. Take a look at the video below: VIDEO: Ethereum Price Analysis (ETHUSD):ย September 15, 2022 Overnight last night, the Ethereum Merge upgrade occurred. As many expected, it turned out to be a sell-the-news event for the second-ranked cryptocurrency and has fallen by more than 10% intraday on the USD pair. ETHUSD Pair Turns Bearish Post-Merge On daily timeframes, things continue to look bad…

Segรบn Vitalik Buterin, la fusiรณn de Ethereum redujo el consumo global de energรญa en un 0,2%

La fusiรณn no solo podrรญa ayudar al medioambiente, sino que tambiรฉn podrรญa atraer mรกs dinero a Ethereum por parte de inversores ESG, aquellos que solo invierten en empresas e industrias que alcanzan determinados objetivos ambientales, sociales y corporativos. Por su parte, el Bank of America asegurรณ en un informe de esta semana que aquellos inversores que tienen prohibido comprar tokens que funcionan con sistemas PoW podrรญan comprar ETH, el token nativo de Ethereum, luego del cambio. Source

Ex-Citadel execs raise $50M for high-frequency crypto trading platform

Cryptocurrency startup Portofino Technologies has officially launched its high-frequency trading platform for digital assets, securing major funding from venture capital firms in the process.ย  In launching its platform, Portofino disclosed that it had raised $50 million in equity funding from Valar Ventures, Global Founders Capital and Coatue. Although Portofino didnโ€™t disclose how the funding will be used, the company has been active on the hiring front, having recruited over 35 employees across 5 global locations. Portofino was founded in 2021 by former Citadel Securities employees Alex Casimo and Leonard Lancia.…

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Miners Continue Transfers To Exchanges

On-chain data shows miners have sent a large amount of Bitcoin to spot exchanges recently, something that can be bearish for the value of the crypto. Bitcoin Miners To Spot Exchanges Flow Has Surged Up Over The Past Day As pointed out by an analyst in a CryptoQuant post, the latest spike in the miner exchange deposits is larger than any other recent peaks. The relevant indicator here is the โ€œminers to spot exchanges flow mean,โ€ which measures the total amount of Bitcoin being transferred by miners to spot exchanges.…

Zircon Finance launches mainnet to mitigate impermanent loss on Moonriver

Zircon Finance, an automated market maker (AMM) and a decentralized exchange on Moonbeam, announced the launch of a mainnet network to address investorโ€™s challenges related to impermanent loss in decentralized finance (DeFi). Impermanent loss relates to a condition wherein investors lose assets they hadpreviously dedicated to providing liquidity to a liquidity pool for earning profits via yields. The mainnet network, dubbed Zircon Gamma, aims to counter such losses through single-sided liquidity over the Moonriver network, which tranches or splits risks between a volatile cryptocurrency and a stablecoin. For example, in…

๐Ÿš€ELROND – L'adoption Massive de la Blockchain en cours? (EGLD)

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