The Ethereum upgrade has shifted the network from Proof-of-Work (PoW) to Proof-of-Stake (PoS). The Ethereum mainnet and the Beacon Chain will finally merge as a single blockchain through the transition. According to the estimations of EtherNodes, the Ethereum transition will occur if there are no underlying technical challenges. Before now, the team of developers confirmed the checklist for the Merge before releasing it. Related Reading: Investor Sentiment Sees Sharp Positive Spike Following Crypto Market Recovery There have been several sentiments and reactions concerning the Merge lately. This significantly impacted ETH and all its derivatives in the crypto market. Some participants are accumulating more expecting a sudden spike in price. But some are even disposing of what they have due to fear of volatility. Sentiments On Merge Affects ETH Funding Rates Currently, expectations and more attention are glued to the Ethereum blockchain. But based on the state of the miners, there could be variation in the transition estimated time. From the look of things, the ETH futures traders seem to be calculating their moves. The data from CryptoQuant revealed that Ethereum funding rates had hit a new all-time low. This recent point marks the lowest for the Ether derivatives. ETH funding rate is a metric that provides forced convergence of prices between the contract and the underlying asset. It indicates the payment that comes from long...
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ETHBTC at 0.035: Vitalik Compares Ethereum to Linux as Breakout Test Looms
Ethereum is back in focus after Vitalik Buterin compared it to Linux and BitTorrent, stressing scale without intermediaries. At the same time, the ETHBTC ratio sits at a key trendline near 0.035, with a possible breakout setup forming. Vitalik Buterin likens Ethereum to BitTorrent and Linux as he pushes “trustless” scaling vision Ethereum co-founder Vitalik Buterin compared Ethereum to BitTorrent and Linux in a new post, arguing the network aims to combine decentralization with mass scale while keeping users independent from intermediaries. He said Ethereum’s goal is to deliver wide adoption without abandoning open access, and he framed Ethereum’s base layer as the long term “home” for people and organizations that want more autonomy. Buterin pointed to Linux as an example of software that stays free and open source while still being quietly relied on by billions of users, enterprises, and governments. He said Linux supports many mainstream distributions focused on adoption, while it also includes more “purist” versions that prioritize minimal design and technical power for users. He used that split to describe how Ethereum should support both broad usage and a high autonomy experience at the same time. He also used BitTorrent as a metaphor for how decentralized systems can scale, noting that businesses and governments use peer to peer distribution for large files. Buterin said Ethereum should mirror that combination by scaling through consensus while preserving what he called “trustlessness,” which he described as reducing reliance on middlemen. He added that enterprises often seek open, resilient systems for counterparty risk minimization, and he said that demand can align with Ethereum’s design goals. Buterin ended the post with a slogan used in Ethereum culture, writing, “This is the gwei,” a reference to a small unit of ether often used in transaction fee pricing. ETH to BTC ratio tests a long downtrend as a small bull flag forms near 0.035 Meanwhile, the ETHBTC ratio trades near 0.035 on a long term daily chart, and it now presses against a descending trendline that has capped relative strength for years. The line connects the major peaks from earlier cycles and keeps getting tested, so the current setup matters because ETH sits close to the same ceiling again. Ethereum to Bitcoin Ratio Chart. Source: StockCharts Price recently rebounded from a deep low near the prior base zone around 0.02, and then it pushed into a tighter consolidation. That consolidation looks like a short bull flag: ETHBTC climbed, then it started drifting sideways to slightly lower while holding a higher low. At the same time, the RSI in the panel above sits around 55, so momentum leans positive without showing an overheated condition. The next move likely depends on whether ETHBTC clears the trendline with a firm breakout and follow through. If buyers force a daily close above the falling line and keep the move, the ratio can rotate toward the next visible supply zone around 0.040 to 0.045, and then it can try to revisit the mid range area near 0.050 if the trend shift holds. That path would signal ETH outperforming BTC for a stretch, because the ratio would finally exit the long compression under resistance. However, the chart also supports a bearish outcome if the breakout fails. If ETHBTC rejects at the trendline again, then the flag can break down and pull price back toward the 0.033 area first. After that, a deeper slide can reopen the 0.030 zone, and then the market risks a return toward the longer term floor region near 0.02 if sellers regain control. NewsBTC
Shiba Inu (SHIB) Already Back in 2025
Shiba Inu has lost most of its gains in the first trading week on the cryptocurrency market, despite the rally at the end of the year. NewsBTC

