Dogecoin in Precarious Position as the $0.1 Handle Remains Elusive
DOGE/USD had surged after the Twitter takeover by Elon Musk, but the rally was short-lived and it runs a negative month below the $0.1 mark
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DOGE/USD had surged after the Twitter takeover by Elon Musk, but the rally was short-lived and it runs a negative month below the $0.1 mark
ETH/USD stays on the defensive and in risk of fresh year lows, as markets assess the fallout from the recent FTX bankruptcy
The Tesla CEO and Dogecoin supporter is now the sole Director of Twitter, ending a month-long saga over the roughly $billion acquisition deal
Ethereum's "the Merge" upgrade is now complete. The overhaul transitions its blockchain from proof-of-work to proof-of-stake. According to the Ethereum Foundation, this will result in its energy consumption dropping by 99.95%.
Ethereum is about to overhaul its mechanics in an upgrade called "The Merge." The revamp is due around Sept 15 and will transition from proof-of-work to proof-of-stake. This change is greener, using significantly less energy (up to 99% less, according to the Ethereum Foundation), with users validating transactions with tokens instead of mining.
Ethereum is showing significant outperformance against Bitcoin ahead of its "Merge."
Ethereum is upgrading from an energy-intensive process to a token process of network validation.
DOGE/USD stays on the offensive today, helped by recent commentary from billionaire entrepreneur Mark Cuban, outperforming other major cryptos that are unable to build on the strong weekly start
ETH/USD managed to post a strong relief rally in July, stopping the second quarter’s free fall, while the new month begins on the back foot
ETH/USD comes from a strong week, during which it failed to break above key technical levels though, leading to a decline at the start of the new one
ETH/USD runs its fifth straight profitable day and extends its recovery from the 1K mark, but now reaches imposing technical levels
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