Ethereum 2.0 FOMO? The project's core developer Tim Beiko recently announced the merge will happen this summer, but ETH's price didn't wave much.
) core developer Tim Beiko confirmed that the much-anticipated Ropsten testnet trial of the Merge from proof-of-work to proof-of-stake can be expected “around June 8 or so.”
The cryptocurrency markets do not have those kinds of legal requirements. In fact, the public doesn’t know if the Bitcoin or Ethereum being bought and sold on an exchange is the real cryptocurrency or a type of internal derivative used to facilitate liquidity. But crypto markets have something better than the stock market and that is on-chain data.
The number of inflow transactions has stayed relatively flat over the past three months, with a noticeable drop since the middle of May.Aggregated exchange inflow transaction count. Source: IntoTheBlock is one of the most significant in Ethereum’s history. It is rare to see the world’s second most valuable cryptocurrency remaining at 200-day lows and down more than 60% from its all-time high.
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