Ethereum to Avoid $30 Billion in Selling Pressure Only 2 Years After Merge Update

Canada News News

Ethereum to Avoid $30 Billion in Selling Pressure Only 2 Years After Merge Update
Canada Latest News,Canada Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

It is important to note how much selling pressure $ETH will avoid in the next few years following PoW shutdown

It is also important to notice that the lack of Ethereum network usage would have affected the mining's financial efficiency if the PoW algorithm were still active.

Only a few days prior to the Merge, Ethereum's price performance was showing exceptional results with a short-term 20% rally, while most digital assets were losing up to 7% of their values.and other assets have entered a short-term bullish cycle, but not the second biggest cryptocurrency on the market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

iPhone 14 battery replacements cost $30 more than previous generationsiPhone 14 battery replacements cost $30 more than previous generationsYou’ll have to pay $99 to replace the iPhone 14 battery.
Read more »

Why Damien Center will undergo $30 million expansionWhy Damien Center will undergo $30 million expansion'This building will make it possible for Marion County to end the HIV pandemic,' center president and CEO Alan Witchey said.
Read more »

Paul Giamatti's The Holdovers breaks a TIFF record with its mega-dealPaul Giamatti's The Holdovers breaks a TIFF record with its mega-dealFocus Features acquires the Alexander Payne-Paul Giamatti re-team film for $30 million
Read more »

Google gets in on Ethereum Merge excitement with nifty easter eggGoogle gets in on Ethereum Merge excitement with nifty easter eggGoogle developers are not the only ones watching the Ethereum Merge with keen interest, search data has placed 'Ethereum Merge' at an above 50 score several times over the last 30 days.
Read more »



Render Time: 2025-03-07 04:09:11