The Merge is getting closer: Can the Ethereum 2.0 opponents succeed?

    Ethereum token’s price rises as it is moving closer to long-awaited the Merge upgrade. Meanwhile, part of the community led by the prominent miner intends to resist the upcoming shift to ETH 2.0 and create a new, parallel network and cryptocurrency ETHW to preserve the existing Proof-of-Work method and ETH mining. However, Ethereum co-founder Vitalik…

    Reddit integrates FTX Pay to enable ETH gas fees for the community points system

    Reddit enlisted FTX and Arbitrum to launch its tokens on Ethereum. Users now can move Reddit’s Community Points to Arbitrum-built Ethereum wallets and pay gas fees with FTX Pay. Last month, top forum contributors earned up to $340 in Community Points tokens for posting in the r/cryptocurrency subreddit. Despite the bear market, FTX is continuing…

    CME Group to release Euro-denominated Bitcoin and Ether futures

    Leading derivatives marketplace CME Group is set to offer its first euro-denominated Bitcoin and Ether futures on August 29 after its crypto derivatives posted record open interest volumes in Q2 2022. CME Group executive revealed that Europe, the Middle East and Africa region accounts for 28% of total BTC and ETH futures contracts traded. As…

    Users spent $2.7 billion ETH on NFT minting in H1 2022

    Market participants spent 963,227 ETH, or about 2.7 billion, on NFT minting on the Ethereum blockchain during the first half of 2022. Over 1 million unique wallet addresses were involved in the minting process, signaling that NFT market activity remained strong. According to a new report by Nansen, about half (50.7%) of the ETH raised…

    Ethereum sees a massive spike in address activity, surpassing the all-time high

    The number of active addresses on the Ethereum network has suddenly jumped to a new all-time high of about 1.1 million ETH daily active addresses making a total of 1.64 million transactions. Coinbase’s Conor Grogan suggested that the increase in activity comes from a high number of token transfers per unit of gas rather than…

    How two asset managers are handling 2022’s crypto volatility

    Risk-mitigated approaches to crypto could offer the benefits of holding it but with less downside, writes Christopher Robbins on CoinDesk. The key to long-term investing success in cryptocurrencies is really no different than it is for investing in any other growth-oriented, volatile asset class: Time in the market beats timing the market. The problem is…