Proof of Stake cut $21 billion ETH from circulation as deflation falls to 1.4%

The Ethereum network has seen a reduction of 417,413 ETH in supply since transitioning to a Proof-of-Stake (PoS) consensus mechanism in September 2022, per data from ultrasound. money. In the 540 days since The Merge, 1,509,991 ETH has been burned while the network has issued 1,092,578 new ETH, resulting in a net decrease.

High volatility drives spot Bitcoin volume to $26 billion

Quick Take Recent Glassnode’s data captures intriguing shifts in Bitcoin’s spot volume, tracking the aggregate trading volume of Bitcoin against USD-based currencies, both fiat and stablecoin, across various exchanges.

Ethereum 2.0 upgrade has brought more centralization to the blockchain

JPMorgan's researchers suggest that the surge in staking activity comes at a cost: centralization.

ConsenSys founder ‘bullish’ on Ethereum following crypto winter performance

Ethereum co-founder and ConsenSys founder Joe Lubin says ETH’s relatively stable value through crypto winter is reason to be bullish about Ethereum’s future.

Ethereum Finishes 2022 With ATH Correlation To Bitcoin, Despite The Merge

Data shows Ethereum’s year of high correlation with Bitcoin is coming to an end with the metric hitting ATH values. Ethereum Ends 2022 With All-Time High Correlation To Bitcoin According to the year-end report from Arcane Research, the global markets have all fallen strongly correlated this year.

Ethereum Post-Merge Update: Where have the miner rewards gone?

Analysis on PoS Ethereum’s supply growth and yields for ETH stakers

The post Ethereum Post-Merge Update: Where have the miner rewards gone? appeared first on CryptoSlate.

Ethereum Price Stalls While Bitcoin Dips Below $20,000 Post Merge

Finally, the Ethereum Merge long-awaited Merge has occurred. As the most hyped historic event in the crypto space, many people projected different sentiments about the upgrade. Parts of the pre-merge reactions were negative.