There are now a lot of expectations from the wider Ethereum community as many will now look to test out the capabilities of the new Proof-of-Stake protocol.
ETHW will continue to use the PoW mechanism, providing a way for crypto miners to continue to put their mining rigs to use.
The Merge is only one part of a series of scheduled Ethereum software upgrades.
Despite more than a few concerns, the Ethereum Merge is expected to revolutionize the network with far-reaching positive ramifications.
New US inflation levels have pushed BTC and ETH prices downwards below $21,000 and $1,600 respectively.
The PoW mainnet will launch within the first 24 hours after The Merge.
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.