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The recent price struggle and regulatory developments in Bitcoin are reshaping the encryption landscape, putting investors on the edge of their seats.The price of Bitcoin has made significant breakthroughs, but has encountered stubborn resistance

It is reported that the US Securities and Exchange Commission (SEC) has decided not to appeal the recent court ruling, which overturns the decision to prevent crypto asset management company Grayscale from converting its Bitcoin into an Exchange Traded Fund (ETF). According to reports, Bitcoin (BTC) prices briefly rose to over $27000 on Friday

Although several US banks released eye-catching financial reports on Friday, S& The P500 fell 0.5% in the end, while Nasdaq, which is mainly focused on technology stocks, fell 1

An ETH whale has just transferred a large bag of tokens; Does this raise concerns among traders?For cryptocurrency traders, a huge warning signal is that the Ethereum (ETH) Whale has just transferred a large bag of tokens, and cryptocurrency is up 3% per week. Does this transfer mean that the ETH price will further increase?Large whale trading like this usually involvesFear, Uncertainty, and Doubt (FUD)Related, as transferring to the cryptocurrency exchange may mean that whales are selling tokens

Dogecoin, a popular meme coin, has once again set off waves. A recent tweet released by famous analyst Ali Martinez caused a sensation in the Cryptocurrency community, suggesting that DOGE may rise significantly

Just now! Bitcoin has collapsed!At around 17:55 Beijing time, Bitcoin suddenly fell, directly from $7500 to below $7100, with a short-term decline of over $400. As of press release, Bitcoin fell to $7020, once below the $7000 threshold

Last week, Elon Mask was accused by investors of insider trading and price manipulation in the Dogecoin lawsuit. In a document recently submitted to the Manhattan Federal Court, investors claimed that Musk allegedly paid online influencers, appeared on SNL, and used Twitter posts to trade DOGE through multiple Dogecoin wallets controlled by him or Tesla, thus making profits

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit

On September 15th, IT Home reported that this afternoon, the Ethereum "Merge" was completed, and ETH entered the 2.0 era, transitioning completely from PoW to PoS.Currently,Ethereum is priced around $1600IT Home learned that Ethereum is a public blockchain platform, and its cryptocurrency is Ethereum ETH. Ethereum is now turning to the Proof of Rights (PoS) mechanism. For miners, if they mine on the Ethereum main network, after merging, each network will operate entirely based on the PoS proof of rights mechanism. At that time,The traditional proof-of-work (PoW) mining will no longer be available on the Ethereum network

On September 15th at 14:00, the world's second largest blockchain Ethereum "Merge" was completed, and the main network was combined with the PoS consensus layer beacon chain (Beacon chain). Merger has become one of the most important events in the history of encryption by the market. After the completion of the "merger", Ethereum has successfully "merged" from the proof-of-work to the equity certificate. The mechanism after the "merger" will bid farewell to the era of large-scale mining. Reporters from Beijing Youth Daily saw on the blockchain forum that many former blockchain "miners" were lamenting the end of an era. Will blockchain 'miners' who were once popular lose their jobs? What impact will this have on the global mining machinery industry chain?The merger will reduce energy consumption by 99.95%According to OKLink data, Ethereum, the world's most active blockchain network, triggered a merge mechanism at block height 15537393 and produced the first PoS block (height 15537394). Since then, the Ethereum consensus has officially transitioned from PoW to PoS mechanism, completing the "TheMerge" upgrade. This will bring significant changes to the Ethereum network, including a 99.95% reduction in energy consumption and a 90% reduction in ETH issuance. According to CoinMarketCap data, the real-time price of Ethereum is approximately $1590, with a price drop of approximately 1.11% within 24 hours. Afterwards, it regained the $1600 level and had a market value of over $190 billion.Merging new mechanisms to bid farewell to the era of large-scale mining machinery "mining"Ethereum is a public blockchain platform, with its cryptocurrency being Ethereum ETH. Under the traditional "proof-of-work" mechanism, in the past few years, a large number of "mine owners" have purchased high-performance graphics cards to dig ETH mines. For miners, if they mine on the Ethereum main network, after merging, each network will operate entirely based on the PoS proof of rights mechanism. At that time, the traditional proof-of-work mining will no longer be available on the Ethereum network. Ethermine, the world's largest Ethereum ore pool, announced the termination of proof-of-work related services, and will no longer follow the proof-of-work bifurcation.Ethereum originally used the PoW (proof of work) proof-of-work mechanism, and the "miners" of the node competed for the packaging right according to the computing power and obtained the packaging reward. Nowadays, relying on the PoS (proof of stack) equity proof mechanism, Ethereum bid farewell to the era of large-scale mining machines "mining". Holders can "mine" by pledging Ethereum tokens (ETH), with a pledge threshold of 32 ETHs.Will the merger of Ethereum result in a significant unemployment of traditional blockchain miners?Will the merger of Ethereum result in a significant unemployment of traditional blockchain miners?MessariThe Merge 190 POW GPU Web3