{"id":23388,"date":"2022-07-20T02:32:53","date_gmt":"2022-07-20T02:32:53","guid":{"rendered":"http:\/\/egrowonline.com\/?p=23388"},"modified":"2022-07-20T02:32:53","modified_gmt":"2022-07-20T02:32:53","slug":"dissecting-three-arrows-capitals-fall-ethereum-merge-spurs-continued-market-gains","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=23388","title":{"rendered":"Dissecting Three Arrows Capital’s Fall; Ethereum Merge Spurs Continued Market Gains"},"content":{"rendered":"


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Yet, bitcoin’s performance pales next to ether, the token of the Ethereum blockchain, which has skyrocketed about 50% over the past seven days as updates trickle in about the Merge. The Merge will shift the protocol from its current, energy-sapping proof-of-work model to a more environmentally friendly proof-of-stake one. The second-largest crypto by market cap after bitcoin was cruising comfortably above $1,500, a more than 1.5% increase over the previous day. Other major altcoins spent their Tuesday well in the green with YGG spiking over 26% at one point and ETC, the token of Ethereum Classic, climbing more than 15%.<\/p>\n<\/div>\n


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Yet, bitcoin’s performance pales next to ether, the token of the Ethereum blockchain, which has skyrocketed about 50% over the past seven days as updates trickle in about the Merge. The Merge will shift the protocol from its current, energy-sapping proof-of-work model to a more environmentally friendly proof-of-stake one. The second-largest crypto by market cap […]<\/p>\n","protected":false},"author":1,"featured_media":23389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[1900,9886,3906,9885,158,951,615,219,6265,9688],"class_list":["post-23388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-arrows","tag-capitals","tag-continued","tag-dissecting","tag-ethereum","tag-fall","tag-gains","tag-market","tag-merge","tag-spurs"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/3CMXM6BGHBEYFOVCJSTBPTYFPQ.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23388"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23388\/revisions"}],"predecessor-version":[{"id":23390,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23388\/revisions\/23390"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/23389"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23388"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}