NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report

Ethereum Completes “The Merge”, But Why ETH Failed To React

Reynaldo Marquez
Reynaldo Marquez
Last Updated: September 15, 2022 3:15 pm
2 mins read
Ethereum price eth ethusdt

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Ethereum has completed one of its most significant milestone with the successful completion of “The Merge”, the migration to a Proof-of-Stake (PoS) consensus. Market participants were expecting an aggressive price action during this event, but the results might be disappointing.

And we finalized!

Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.

— vitalik.eth (@VitalikButerin) September 15, 2022

Related Reading: Crypto Market Hasn’t Bottomed Yet, Analyst Says – More Pain Ahead?

At the time of writing, Ethereum (ETH) trades at $1,480 with a 7% and 8% loss in the last 24 hours and 7 days, respectively. The second cryptocurrency failed to consolidate a rally into the previously lost territory, rather the price action seems to be trending to the downside on lower timeframes.

Ethereum ETH ETHUSDT
ETH’s price crashed after “The Merge” on the 4-hour chart. Source: ETHUSDT Tradingview

Why “The Merge” Was A No Event For Ethereum

Ethereum was able to approach the $1,800 price market but was rejected from those levels due to two critical macroeconomic events. Trading firm QCP Capital recorded a lack of activity from the market in the days previous to “The Merge”.

In that sense, the event went from operating as a potential price catalyzer to either direction to a “volatility killer”. The most uncertain after about the migration to PoS, the firm believes, was the ETH forks and the miners attempting to claim a portion of the cryptocurrency’s market share.

However, the ETH forks were a “disappointment” as the proponents failed to convince the market about their future and potential to replace ETH PoS. QCP Capital noted:

mkt finally came to terms with ETHW as a potential massive disappointment last wk, following their “totally” whitepaper release (9 pgs of “this page is intentionally left blank”). Coupled with the chain ID debacle, meaning nobody will be able to actually test the chain pre-fork.

Still, the market might experience some volatility as large players unwind their “Merge” positions. QCP Capital concluded:

Longer-term the ETH POS should be bullish, but we are not expecting an immediate breakout move post-merge. We are anticipating a huge pressure on the ETH vols post-merge.

The Macro Outlook

A slowdown in inflation might support the about, QCP Capital believes the upward trajectory for this metric has “peaked and is headed lower”. This might provide crypto and other risk assets with support to bounce from their current levels.

The market is pricing in an aggressive Federal Reserve (Fed) which might operate as a bullish factor if the institution hints at a less aggressive monetary policy. At the time of writing, market participants are expecting the Fed to hike interest rates by 75 to 100 basis points (bps).

Related Reading: TA: Bitcoin Price At Major Risk of A Breakdown Below $20K: Here’s Why

In the coming months, with a persistent downside trend in inflation, the Fed might finally pivot and the crypto market might rally. Ethereum seems poised to take advantage of a shift in macro-dynamics with the successful “Merge”.

Tweet123Share196ShareSend
Reynaldo Marquez
Reynaldo Marquez

Reynaldo Marquez

A literature major, Reynaldo Márquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide.
In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride.
He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times.
In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson’s ‘Neuromancer.’ The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau’s ‘Civil Disobedience.’
But that’s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term.
In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry.
Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Legendary Bitcoin OG Deepens Ethereum Bet Despite Losses Exceeding $70 Million

Legendary Bitcoin OG Deepens Ethereum Bet Despite Losses Exceeding $70 Million

Ethereum is facing renewed selling pressure as the broader market struggles with fear, uncertainty, and growing bearish expectations. After weeks...

Sebastian Villafuerte 18 hours ago
Bitcoin

Why Is Bitcoin And Ethereum Prices Down Today? BlackRock Deposits Spark Worry

The Bitcoin and Ethereum prices are down today as the crypto market remains in a phase of extreme fear. This...

Scott Matherson 1 day ago
Crypto

Bitwise’s 2026 Crypto Forecast: Bitcoin, Ethereum, And Solana Poised For New Record Highs

In its latest report, asset manager and exchange-traded fund (ETF) issuer, Bitwise, has shared an optimistic 2026 outlook for the...

Ronaldo Marquez 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Traders Chase Upside With Historic Leverage – Breakout Fuel Or Fragile Setup?

Ethereum Traders Chase Upside With Historic Leverage – Breakout Fuel Or Fragile Setup?

Sebastian Villafuerte 49 minutes ago
Bitcoin Vs Ethereum

Bitcoin & Ethereum Diverge: Longs Dominate BTC, While ETH Shorts Rise

Keshav Verma 14 hours ago
Ethereum Price Sinks Again

Ethereum Price Sinks Again—Are Bulls Running Out of Defenses?

Aayush Jindal 15 hours ago

Premium Sponsors

Press Releases

  • ドージコイン今後の価格予測:クジラが一夜で1億3,800万枚を蓄積、急騰の兆しはあるのか

    ...

    4 hours ago
  • リップル 今後の見通し:アナリストがXRPのクリスマス相場を予測、注目集まる新型プレセール動向

    リップル...

    4 hours ago
  • 仮想通貨 プレセール分析:割当動向から読み解く次世代カルダノ系プロジェクト

    仮想通貨...

    4 hours ago
  • 仮想通貨 おすすめ議論が注目する保有者分布と新興ミーム系トークンの動向

    仮想通貨...

    4 hours ago
  • 新しい仮想通貨がミーム市場で急浮上、バイラル拡散を狙う次の注目銘柄

    ...

    4 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.