Merger Mania: Crypto community goes gaga after Ethereum completes the ‘Merge’

Merger Mania: Crypto community goes gaga after Ethereum completes the ‘Merge’

In a major overhaul for the crypto world’s most ambitious software upgrade, Ethereum completed a key revamp of its blockchain network– the Merge. The second-largest crypto token has now moved to the proof-of-stake (PoS) mechanism from Proof-of-Work (PoW). This is the first instance when an existing and running blockchain has made such a move. Following … Read more

Bitcoin tops $25,000 for first rime since June amid crypto rally

Bitcoin tops $25,000 for first rime since June amid crypto rally

Bitcoin briefly surpassed $25,000 for the first time since mid-June, as momentum continued from a cooler-than-expected US inflation data and progress toward Ethereum’s big upgrade. The largest cryptocurrency rose as much as 2.2% on Sunday to $25,031, its highest level since June 13. It was trading around $24,750 as of 6 a.m. New York time, … Read more