The cryptocurrency ether saw its value climb ahead of the highly anticipated software upgrade known as “the merge.” But even though the changeover went smoothly, ether’s price has fallen since then. And that might not be the only challenge for Ethereum, the network behind ether.
WSJ crypto reporter Paul Vigna joins host Zoe Thomas to discuss.
https://www.wsj.com/articles/ether-cryptocurrency-falls-after-merge-software-upgrade-11664336483?st=3k9doh3eueiod43&reflink=desktopwebshare_permalink
Photo: Dado Ruvic / Reuters
For more episodes of WSJ’s Tech News Briefing: https://link.chtbl.com/WSJTechNewsBriefing
Visit the WSJ Podcast Center: https://on.wsj.com/3zTcL89
More from the Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit the WSJ Video Center: https://wsj.com/video
On Facebook: https://www.facebook.com/pg/wsj/videos/
On Twitter: https://twitter.com/WSJ
On Snapchat: https://on.wsj.com/2ratjSM
#Ethereum #ETH #WSJ
24 Comments
Thank you for sharing the best information.. great..!!! Greetings from traditional Indonesian gold prospector ❤️🇮🇩⚒️⛏️🌺🌸🌸👍👍
My greatest happiness is the $ 64,000 bi weekly profit I get consistently from my $15,000 investment despite the economic fluctuation
Because the cost of running a network is lower. It is simple economics.
Crypto is a digital puzzle box made out of wasted electricity.
The reason for the change was not an environmental impact but to lower the eth gas prices (network fees)
These bots r hilarious
Jezus what a annoying voice !
This video does a poor explanation of the reasons. Why would miners sell their eth if it's now deflationary and has more utility?
Why does this lady sound like the #15 Burger King Foot Lettuce guy
БЛАГОДАРЮ. С. УВАЖЕНИЕМ. КИРИЛЛ. ЧЕРНЫШЕВ. …
I'm not interested to used crypto currency for trading of commodities because it's not secure and don't have legal standing in my country, Indonesia. I think it's just like gambling
2:30 he didn't mention that they can fork ethereum
People were interested in Ethereum as regular people could make money mining it on there gaming PCs.
And certain IT managers could could earn a lot of money 😁😁😁
Because it became centralized digital garbage in the name of environmental virtue signaling.
Because it converted to being a true S-coin- It's no longer decentralized, had a pre-mine and now is now subject to censorship, regulation, control, and capture.
F Ethereum is turned into a true centralized currency.
Why its going down? because its worthless. 🤣😅🤣
No they didn't do it because of the environment. eth had very high transaction cost and was losing market share it was the smart move
Because crypto is a scam and the only people that are left in it are the smooth-brained, bag-holding apes.
It’s just a shitcoin with monkey pics now
Just come here to be greeted by Zoe
The miners had enough time to prepare
CARDANO
Despite the fluctuation in the economy, I’m so excited I’ve been earning $45,000 from my $10,000 investment everyday 10days.