18 min listen
714. Ethereum Merge To $5,000? | ETH & BTC Weekend Forecast
714. Ethereum Merge To $5,000? | ETH & BTC Weekend Forecast
ratings:
Length:
33 minutes
Released:
Aug 8, 2022
Format:
Podcast episode
Description
The upcoming September Merge — the title given to Ethereum’s upcoming switch to a consensus mechanism powered by proof-of-stake — will rely on layer-2s to soak up users switching chains and curb gas fees. Ethereum’s more permanent update to lower gas fees will release next year at the earliest. It will also mean the end of an income stream for Ethereum miners, who are rewarded with ether (ETH) tokens for supplying resources to the blockchain. Miners produced over $620 million worth of ether in July alone, data show, making The Merge akin to a death knell for a significant chunk of cash. Can Ethereum reach a $5,000 price due to a successful merge?~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
Released:
Aug 8, 2022
Format:
Podcast episode
Titles in the series (100)
599. Apecoin + BTC + ETH Technical Analysis | $APE Skyrockets Amid Metaverse Launch: On this episode, we're taking a look at technical & sentiment analysis for Apecoin (APE), Bitcoin (BTC) and Ethereum (ETH). ApeCoin (APE), the Ethereum-based token from the Bored Ape Yacht Club ecosystem, has officially become the most valuable... by Tech Path Crypto Investing