• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
Ethereum A croissant explains web3 and NFTs to Elon Musk
Nexo Logo

Only In Crypto: A Croissant Explains Ethereum Hottest Trends Post Merge

Reynaldo Marquez by Reynaldo Marquez
3 months ago
in Ethereum
Reading Time: 3 mins read
Advertisement

Ethereum trends are higher as it reclaimed the mid-area at around $3,000. The second crypto by market cap stands as the third-best performer in the top 10 by market capitalization.

Related Reading | TA: Ethereum Gains Traction, A Strengthening Case For More Gains

At the time of writing, Ethereum (ETH) trades at $3,400 with a 7% and 19% profit in the last 24-hours and 7-day chart. Only Cardano (ADA) and Solana (SOL) record a better performance on this rank with a 39% and 26% profit, respectively.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!
Ethereum ETH ETHUSD
ETH moving to the upside on the 4-hour chart. Source: ETHUSD Tradingview

The crypto market in general has been trending upwards on the back of relief in macro-economic factors. Trading firm QCP Capital believes the bullish price action comes from the positive reaction to the U.S. Federal Reserve (FED) increase in interest rates.

The financial institution began to tighten its monetary policy and hinted at further rates hikes. Bitcoin and Ethereum reacted to the upside as the FED acted within expectations and investors felt more clarity.

In addition, ETH’s price seems to be benefiting from the apparent imminent deployment of “The Merge”. An event is set to combine Ethereum’s execution layer with its consensus layer, and fully unlock the network’s Proof-of-Stake (PoS) potential.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

As ETH is set to reduce its energy consumption, to implement new scaling solutions, a pseudonym analyst called CroissantEth attempted to break down these “fundamental changes” to the network. In addition, the analyst tried to point out the new trends to watch as Eth 2.0 comes into the picture.

The analyst said:

𝘙𝘦𝘢𝘭𝘭𝘺 𝘤𝘳𝘰𝘪𝘴𝘴𝘢𝘯𝘵, 𝘢𝘯𝘰𝘵𝘩𝘦𝘳 𝘌𝘛𝘏 2.0 𝘵𝘩𝘳𝘦𝘢𝘥? No. Not just any. We’ve already talked about ETH 2.0. In this thread I will focus specifically on game-changers. Things that are only made possible thanks to ETH 2.0 & the upgrades it introduces.

Ethereum To Enter A New Era

At the top of the list, and one of the reasons why Ethereum has seen an increase in institutional interest, the analyst mentioned the potential introduction of staking pools for ETH. The asset will increase its potential as a yield generator and holders will be able to earn transaction fees and extra rewards.

This could potentially impact ETH’s adoption levels and increase inactive users. In addition, the analyst highlighted the introduction of staking derivatives that could provide users with further incentives to lock ETH.

This could contribute to the ETH as a deflationary asset narrative and potentially triggered a supply shock for this digital asset. Rewards and incentives will be a big part of Eth 2.0 together with scalability. On the latter, the analyst said:

Cross-chain stuff is cool & all, but how about cross-rollup tooling? This is something people have not watched closely enough. dApps that bridge the gap between optimistic & zkrollups have a great future ahead of them.

Optimism and Zero-Knowledge (ZK) Proofs technology could potentially allow Ethereum to scale and process thousands of transactions per second. This has been the biggest driver for ETH “Killers”, but the trend could reverse if people have access to cheaper ETH transactions.

9. Privacy

I couldn’t mention zkproofs without mentioning privacy, right?

Our privacy should be of utmost importance to us.

zkproofs enable zero knowledge verification of arbitrary functions without disclosing underlying info. This is huge.

Ex. .@Sismo_eth pic.twitter.com/2voucJ86cD

— croissant (@CroissantEth) March 28, 2022

Related Reading | Ethereum Founder Vitalik Buterin Welcomes Another Crypto Winter

The analyst named other trends that have the power to take Ethereum to a new era of adoption and new use cases. Croissant concluded:

All of what I’ve described in this thread may be the spark we need for the next big run. If it plays out accordingly, we have a refreshing new chapter coming to ETH. These aren’t things you’ll want to ignore… I hope everyone enjoyed this thread!

Tags: ETHethereumethusd
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Reynaldo Marquez

Reynaldo Marquez

Related Posts

Ethereum ETH ETHUSD dydx

Ethereum dYdX Will Launch Standalone Blockchain On Cosmos, Token Jumps 10%

3 days ago
Ethereum

Ethereum (ETH) Market Cap Falls More Than $124 Billion In Six Weeks

4 days ago
Ethereum

Ethereum (ETH) Hammered Down To $950 As Crypto Selloff Deepens

7 days ago
Ether

Ether Drops Below $1K, Dragged Down By BTC Slide – What’s The Next ETH Support?

1 week ago
Euro Coin, screenshot from the site

Circle, The Company Behind The USDC Stablecoin, Announces Euro Coin

1 week ago
Ethereum

Ethereum Pulls Darth Maul, ETH Price Recovers 10% In One Hour

1 week ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
BC.Game

BC.Game

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
BC.Game

BC.Game

Review · Visit

Will Xchange Monster (MXCH) and Decentraland (MANA) continue to push Gamefi to new heights?

June 25, 2022

Navigating The Crypto Crash Of 2022

June 25, 2022

Gnox (GNOX) Is Named One Of The Best Tokens For New Investors Making Their Way To DeFi, In Addition To Tron (TRX)

June 25, 2022

Gnox (GNOX) Sees Dramatic 63% Price Increase During Presale While Other Top Alts; Ethereum (ETH), Shiba Inu (SHIB) And Cardano (ADA) Signal Bullish Reversal

June 25, 2022

SpaceMine (MINE) Is Now Available for Trading on LBank Exchange

June 25, 2022

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.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win

© 2021 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.