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Cryptocurrency News

2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom

07/09/2022

Less than a minute

2022.07.09 03:56

Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by investors clinging to their hopes that the Ethereum network transition to proof-of-stake (PoS) consensus will be a bullish catalyst.

The next steps for this smart contract involve “the Merge,” which was previously known as Eth 2.0. The final trial on the Goerli test network is expected in July before the Ethereum mainnet gets the green light for its upgrade.

Source

07/09/2022

Less than a minute