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November 22, 2021

200k Ethereum Flows Into Exchanges, More Downside Ahead?

200k Ethereum Flows Into Exchanges, More Downside Ahead?

[ad_1] According to on-chain data, around 200k ETH entered exchanges yesterday, a sign that Ethereum might face more downside soon. Central Exchanges Observe Inflow Of 200k ETH As pointed out by a CryptoQuant post, more than 200k ETH entered exchange wallets yesterday. At the current rate, this amount is worth about $839 million. The relevant […]

Ethereum in full deflation mode as Eth2 merge gets closer

Ethereum in full deflation mode as Eth2 merge gets closer

[ad_1] The Ethereum community has been hard at work over the past few years, laying the foundation for its shift away from its current proof-of-work (PoW) algorithm which has formed the backbone of the blockchain’s operation up until today. Ethereum’s switch to its proof-of-stake- (PoS-) powered Ethereum 2.0 chain is edging closer to reality, with […]