Will ETHPOW really survive after the Merge? According to a crypto insider, that’s for the market to decide. (Reporting via coindanslecoin)
, the Merge poses an impact on Ethereum-based ETPs: The underlying asset in default physical Ethereum ETPs will no longer be based on PoW, but some ETH ETP investors might want to have exposure to such an asset.
ETC Group sees the Merge as a positive development as it supports a greener PoS consensus mechanism, the founder noted, adding that the firm is very market-driven in their outlook: Duke noted that launching a new ETP is not the only option to distribute hard fork proceeds for investors, as the firm could also just sell ETHW tokens following the hard fork. However, launching the new ETP appeared to be a better option for ETC Group because some investors might not want to sell it right away, he said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Biggest Movers: ETC Trading Below $40.00 Ahead of Thursday's Merge Event – Market Updates Bitcoin NewsEthereum classic rebounded on Wednesday, following three consecutive days of declines. Solana also dropped, falling to a one-week low.
Weiterlesen »
BTC, SOL and ETC Price Analysis for September 14Can BTC or SOL follow the sharp rise of ETC? eth_classic ETC $ETC EthereumClassic crypto EthereumClassic HydroTop10
Weiterlesen »
High school girls volleyball rankings: Bay Area News Group Top 15St. Francis, Archbishop Mitty lead the way. But who else made the debut edition of the Bay Area News Group rankings
Weiterlesen »
Watchdog group accuses Fetterman of failing to disclose multiple propertiesDemocratic U.S. Senate candidate John Fetterman violated federal law and Senate rules by failing to disclose eight properties he owns, a watchdog group said on Tuesday.
Weiterlesen »
Denver to give 'basic income' to group of people experiencing homelessness as part of pilot programOn Monday, Denver City Council approved a contract that will provide a basic income to a group of people experiencing homelessness to help them find housing. via AmyWadas
Weiterlesen »