19 September 2022
By : Quick Insurance Guru
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Credit : Unsplash
Credit : Unsplash
The Merge, Ethereum's long-awaited transition from the proof-of-work consensus to proof of stake, was completed last week.
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Coinbase currently pays out an annual percentage yield of 3.25% on staked Ethereum.
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Co-founder of Ethereum Vitalik Buterin predicts that after The Merge, the blockchain will only be operating at 55% of its capacity.
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Ethereum, the second-largest cryptocurrency by market value, is an asset to buy now and hold forever due to its level of development thus far and its ambitious future plans.
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Bitcoin has been quietly rebounding, gaining about 15% since hitting its cycle low of $17,664 in mid-June.
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After The Merge, Bitcoin, the most valuable cryptocurrency by market value, will be the only significant proof-of-work asset at the top of the crypto universe.
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With a market cap of $530 million and a ranking of 71 in terms of market cap
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Bitcoin, Ethereum, and Ravencoin are all good choices to buy now and hold forever.
3 Cryptocurrencies to Buy and Hold Forever