As Bitcoin and other cryptocurrencies fall back into the red, the total value of daily liquidations has surpassed $350 million.
HIVE Blockchain announced that it will create a number of alternative GPU-mineable currencies when Ethereum switches to Proof-of-Stake after the Merge.
Ethereum looks to be on the rise as the network gets its Bellatrix upgrade. Futures contracts tracking the tokens reported $27 million in liquidations in the last 24 hours, behind only Ethereum futures and ahead of Bitcoin futures.
OpenSea has announced that it would only support Ethereum’s proof-of-stake chain after the Merge occurs. It also disclosed that Polygon is now supported by the platform’s Seaport protocol.
The crypto community is awaiting the upcoming Ethereum Merge with divided opinions on how Ethereum is set to switch to…