In this week’s newsletter:
- Start accepting digital asset payments for your business
- Ethereum completes long-awaited energy-saving ‘Merge’ upgrade
- The Ethereum Merge is done, opening a new era for the second-biggest blockchain
- ETH hits 3-week low as bearish momentum increases following the merge
- How the blockchain can justify sustainability efforts in the fashion industry
Read our weekly round up below.
Start Accepting Digital Asset Payments For Your Business!
With ALT 5 Pay, your business can accept digital assets as online or in-store payments through our payment processing method.
Our blockchain-based payment processing technology will protect you from fraud, chargebacks, price volatility, and theft ID.
Crypto News From Around The World
Ethereum Completes Long-Awaited Energy-Saving ‘Merge’ Upgrade
BNN Bloomberg | September 15, 2022
Ethereum has completed a key revamp of its network, marking the crypto world’s most-ambitious software upgrade to date and paving the way for changes that could fuel more usage of the commercial blockchain.
The change replaced power-hungry computers that were used to order transactions on the network with a more energy-efficient setup using piles of the network’s native token, Ether, placed in special, so-called staking wallets.
The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain
Coindesk | September 15, 2022
Today’s breakout, however, pushed the price of Bitcoin to $20,808 by press time, a level not seen since August 26, according to data from CoinMarketCap. The bullish price action also helped to propel the cumulative market capitalization of all cryptocurrencies back above the $1 trillion mark, with Bitcoin currently dominating 38.5% of the market.
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge
Bitcoin (BTC) fell further below $20,000 on Friday, ahead of next week’s expected interest rate hike by the U.S. Federal Reserve. BTC/USD dropped to an intraday low of $19,625.22 in today’s session, taking prices closer to a support of $19,300.
Ethereum (ETH) was once again in the red in today’s session, as the token dropped to a two-week low. Following a peak of $1,594.54 during yesterday’s session, ETH/USD fell to a bottom of $1,451.56 earlier today.
How the Blockchain Can Justify Sustainability Efforts in the Fashion Industry
ALT 5 | September 15 , 2022
If you haven’t heard, blockchain technology uses the method of recording information in a way that makes it impossible to hack and manipulate in any way. The information is stored on a digital ledger (database) within a decentralized peer-to-peer network. In other words, random computers worldwide authenticate anything that enters the blockchain to receive a small fee originating from the transaction. This ensures the process is decentralized and legitimate.
