These 2 Cryptos Are Hidden Beneficiaries of Ethereum's Merge
While The Merge looks like good news for Ethereum investors, it's propelling the price of these cryptos upward even more.
Keep up with what's happening in the crypto world in real-time.
While The Merge looks like good news for Ethereum investors, it's propelling the price of these cryptos upward even more.
The Merge is causing volatility in the cryptocurrency and rekindling a regulatory debate.
The crypto market's stagnation has prompted investors to seek alternative income streams. One way is by opting for PoW miner tokens.
A historic event in the cryptoland had just concluded. Happy Merge to all!
Be[in]Crypto takes a look at the five cryptocurrencies that increased the most last week, more specifically, from Sept 9. to Sept 16.
Miners are switching to networks like Ravencoin (RVN) and Ergo (ERG) sending the hashrates skyrocketing in the past few days. The post Ergo (ERG) and Ravencoin (RVN) Hashrates Soar as Ethereum Miners Jump Ship appeared first on BeInCrypto.
This under-the-radar proof-of-work cryptocurrency is having a moment.
Today, investor interest in Ravencoin price predictions is surging as this token plunges nearly 20% following Ethereum's big merge.
The Ethereum Merge was an incredibly anticipated upgrade, with good reason. It not only drastically increased the number of transactions that the network could handle, but it also greatly diminished the energy consumption of the network.
Some Ethereum miners could split off and start their network via a hard fork or some miners are already moving to mine Ravencoin after ETH merge
Although coin prices have been recovering slowly, it appears that the market downturn may be nearing an end, especially since the traditional economy is beginning to improve. With that in mind, several assets are currently trending and could present excellent buy opportunities. This article will explore some of the best trending coins to buy right now.
After the merge, Ethereum miners brought their mining rigs to alternative blockchains like Ethereum Classic, Ravencoin, and Ergo.
After the Ethereum (ETH) ecosystem went through the long-awaited Merge update that officially marked its transition from the Proof-of-Work (PoW)
The sudden rise in the US inflation rate has affected the cryptocurrency market. After the price of Bitcoin was hit, investors are now looking for a possible bottom.
This week, Ravencoin pumps nearly 100% in seven days, despite a stronger US dollar amid robust CPI figures. Ravencoin's current price is $0.
Data from Coingecko indicates a surge in the price of Ravencoin (RVN), over the past month the cryptocurrency is moving against the general sentiment in the market. The rally in the price of this token coincides with the upcoming Ethereum's “Merge” and seems directly related to this event.
The Ethereum Merger is on the cards with less than 20 hours left and less than 5000 blocks to be mined. While a couple of altcoins like Ethereum Classic, Optimism, or Lido DAO were believed to be impacted largely.
Bitcoin price found support near the $20,000 level after a strong decline. BTC is currently (11:10 UTC) consolidating above $20,000. It could start a fresh increase if there is a clear move above $20,800.
Ravencoin price is down by 8 per cent in today's trading session. The drop, however, is not surprising when put into the context.
Ravencoin (RVN) soared more than 14% over the past 24 hours, fueled by speculation that old Ethereum (ETH) miners are taking an interest in the coin as Ethereum's Merge nears and the network moves away from proof-of-work (PoW) mining.
The cryptocurrency has barely budged in the past 24 hours. With a total cap of $1.11 trillion, it has slid down by 0.
The global crypto market is in a current state of disruption. Major players are withdrawing from the market, leaving gaps that need to be filled.
Ravencoin (RVN) has seen its price rise over 13% in the last 24 hours to $0.06359, capping a bullish week for the token. The post Ravencoin price, hashrate spike as Merge draws closer appeared first on CryptoSlate.
Bitcoin price gained pace and settled above the USD 22,000 pivot level. BTC is currently (04:00 UTC) showing positive signs and eyeing more upsides. If there is a correction, the bulls might appear near USD 21,500.