While CME is launching its ETH options trading, the short ETH calls in the derivatives market have picked up significantly as traders are hedging the spot calls.
Meanwhile, the 1inch Limit Order Protocol has witnessed a decline in the volume of trades on the platform.
There are currently a number of factors that determines what positivity will trail the future of Bitcoin.
The Asian country of Singapore has the highest searches relating to the Ethereum Merge. Google has also released a doodle with a countdown timer for the Merge event.
True Names Ltd and Griffith filed the complaint in the US District Court for the District of Arizona. The filing named GoDaddy and two other companies.
Against popular belief that the transition to proof-of-stake will help revive all the metrics of the Ethereum network, most of its metrics remain down.
Binance will reportedly upgrade its smart-contract network to the Ethereum-popularized ZK rollup in 2023, to improve scalability.
Hive said that they would deploy their GPU miners to mine other Proof-of-Work cryptocurrencies. The company said that it is well-positioned to navigate the market ahead.
As clarified by the Ethereum Foundation, the Bellatrix Upgrade is not the Merge, but a crucial step to provide the Switch needed for the Merge to occur.
Leading multi-crypto mining service Poolin has announced that it has discontinued withdrawals on its platform due to liquidity challenges.
According to CoinGecko co-founder Bobby Ong, ETH holders need to move assets on exchanges that support the ETH PoW tokens.
All deposits and withdrawals will be suspended about half an hour before the Merge starts, but normalcy will return to transactions as soon as the upgrade is completed.
Although ETH price gave a breakout of the wedge pattern, markets have turned cautious over the spotting of Nord Stream 1 by Russia and the possibility of exacerbating energy crisis in Europe.
As per reports, the attackers managed to steal NFTs even from Bill Murray’s personal wallet which had more than 800 NFTs.
For close to two years since the Beacon Chain of the POS version of the Ethereum protocol went live on the mainnet, anticipation toward the Merge has heightened.