Today news
About the same in other media
Bitcoin: Merge renders ETH less of a cryptocurrency as per this BTC maximalist
Reading now: 734
Bitcoin [BTC] maximalist and Microstrategy board chairman Michael Saylor recently said that the Ethereum [ETH] Merge meant BTC was going to be stronger. Bloomberg reported that Saylor made that statement while attending an Australian conference. According to him, moving from Proof-of-Work (PoW) to Proof-of-Stake (PoS) renders ETH less of a crypto asset. Saylor said,
“Proof-of-Work is the only universally accepted, proven method for creating a digital commodity.”
It may, however, seem that the ex-CEO made some significant points. This is because BTC has been hitting some highs lately. Leading on-chain platform, Glassnode, revealed that the number of addresses holding 1 BTC and more reached another All-Time High (ATH).
<p lang=«en» dir=«ltr» xml:lang=«en»> Read more on ambcrypto.comAbout this in other media
Bitcoin Whale Holdings Plummet to 29-Month Low – Has BTC Bottomed Out? cryptonews.com /2 years ago
Crypto Price Today: Bitcoin regains $19K; BNB, Ethereum, Solana gain up to 5% economictimes.indiatimes.com /2 years ago
Bitcoin’s emission rate might surprise HODLers in this bear season ambcrypto.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Bitcoin [BTC]: Is this the point where investors ‘call it quits’](https://finance-news.co/storage/thumbs_400/img/2022/9/20/41586_vvxk.jpg)
