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Ethereum Hits Second-Highest Search Volume in a Year

Amidst the market crash, Ethereum searches seem to be high. Ethereum hits the highest search volume for the second time in a year. Ethereum enthusiasts seem to be waiting for the...
Ethereum Hits Second-Highest Search Volume in a Year © Reuters Ethereum Hits Second-Highest Search Volume in a Year

  • Amidst the market crash, Ethereum searches seem to be high.
  • Ethereum hits the highest search volume for the second time in a year.
  • Ethereum enthusiasts seem to be waiting for the Merge.

Ethereum ranks the second largest search volume in a year amidst the crypto bear market conditions. The popularity and demand for Ethereum seem to be catching up with that of Bitcoin. However, the sudden curiosity among users to search for Ethereum is still unclear.

One of the reasons might be the launch of the Beacon Chain testnet. The Sepolia testnet Beacon Chain went live yesterday, marking Ethereum’s journey towards the next phase in its journey a step closer. The event will provide a Merge rehearsal for the developers and give necessary insights about the Merge.

After the trial Merge, the Sepolia testnet will transit to proof-of-stake from proof-of-work. This will give a vague idea of what will happen once the mainnet Ethereum Merge happens. The much-awaited Merge is said to reduce the energy consumption of Ethereum by 99%.

In other news, Google (NASDAQ:GOOGL) seems to be trending with the “Bitcoin Dead” search. Concerned about the current bear market, consumers have begun searching for “Bitcoin dead” on Google. Since the collapse of Terra, one of the most well-known cryptocurrencies, which dropped to zero in a matter of days, speculations about Bitcoin and other cryptocurrencies have increased.

Ethereum’s Merge is likely to take place in August. Notably, the transition to Ethereum Merge might put miners in a challenging position as the ecosystem will shift away from proof-of-work.

The bear market has proven challenging for crypto companies, investors, and employees. Multiple crypto companies laid off hundreds of employees on short notice, citing extreme and harsh market conditions. Currently, the future of the market seems unclear.

Continue reading on CoinQuora

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30-06-2022 23:11:06 (UTC+7)

EUR/USD

1.0466

+0.0027 (+0.26%)

Summary

Neutral

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (2)

Sell (5)

EUR/USD

1.0466

+0.0027 (+0.26%)

Summary

Neutral

Moving Avg:

Buy (12)

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Indicators:

Buy (2)

Sell (5)

GBP/USD

1.2168

+0.0043 (+0.35%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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Indicators:

Buy (10)

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USD/JPY

135.71

-0.88 (-0.64%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

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AUD/USD

0.6904

+0.0022 (+0.33%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

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USD/CAD

1.2880

-0.0011 (-0.09%)

Summary

↑ Buy

Moving Avg:

Buy (7)

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Buy (8)

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EUR/JPY

142.03

-0.55 (-0.39%)

Summary

↑ Sell

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Sell (8)

Indicators:

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EUR/CHF

0.9991

+0.0021 (+0.21%)

Summary

↑ Sell

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Gold Futures

1,811.95

-5.55 (-0.31%)

Summary

↑ Sell

Moving Avg:

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Silver Futures

20.365

-0.373 (-1.80%)

Summary

Sell

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Copper Futures

3.7085

-0.0720 (-1.90%)

Summary

↑ Sell

Moving Avg:

Buy (1)

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Indicators:

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Crude Oil WTI Futures

106.64

-3.14 (-2.86%)

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↑ Sell

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Brent Oil Futures

109.88

-2.57 (-2.29%)

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Natural Gas Futures

5.854

-0.644 (-9.91%)

Summary

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US Coffee C Futures

229.75

+1.50 (+0.66%)

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↑ Sell

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Euro Stoxx 50

3,454.86

-59.46 (-1.69%)

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↑ Buy

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S&P 500

3,782.80

-36.03 (-0.94%)

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↑ Sell

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DAX

12,783.77

-219.58 (-1.69%)

Summary

Neutral

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FTSE 100

7,169.28

-143.04 (-1.96%)

Summary

Sell

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Hang Seng

21,859.79

-137.10 (-0.62%)

Summary

Sell

Moving Avg:

Buy (1)

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Indicators:

Buy (3)

Sell (3)

US Small Cap 2000

1,701.40

-11.92 (-0.70%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

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Sell (8)

IBEX 35

8,098.70

-89.30 (-1.09%)

Summary

Sell

Moving Avg:

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Sell (6)

Indicators:

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Sell (7)

BASF SE NA O.N.

41.525

-0.055 (-0.13%)

Summary

↑ Buy

Moving Avg:

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Sell (4)

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Bayer AG NA

56.72

-0.90 (-1.56%)

Summary

Neutral

Moving Avg:

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Allianz SE VNA O.N.

182.12

-1.60 (-0.87%)

Summary

Sell

Moving Avg:

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Adidas AG

168.76

-1.26 (-0.74%)

Summary

Buy

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Deutsche Lufthansa AG

5.564

-0.249 (-4.28%)

Summary

↑ Buy

Moving Avg:

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Siemens AG Class N

97.09

-4.31 (-4.25%)

Summary

↑ Sell

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Deutsche Bank AG

8.318

-0.253 (-2.95%)

Summary

Neutral

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 EUR/USD1.0466Neutral
 GBP/USD1.2168↑ Buy
 USD/JPY135.71↑ Sell
 AUD/USD0.6904↑ Buy
 USD/CAD1.2880↑ Buy
 EUR/JPY142.03↑ Sell
 EUR/CHF0.9991↑ Sell
 Gold1,811.95↑ Sell
 Silver20.365Sell
 Copper3.7085↑ Sell
 Crude Oil WTI106.64↑ Sell
 Brent Oil109.88↑ Sell
 Natural Gas5.854Neutral
 US Coffee C229.75↑ Sell
 Euro Stoxx 503,454.86↑ Buy
 S&P 5003,782.80↑ Sell
 DAX12,783.77Neutral
 FTSE 1007,169.28Sell
 Hang Seng21,859.79Sell
 Small Cap 20001,701.40↑ Sell
 IBEX 358,098.70Sell
 BASF41.525↑ Buy
 Bayer56.72Neutral
 Allianz182.12Sell
 Adidas168.76Buy
 Lufthansa5.564↑ Buy
 Siemens AG97.09↑ Sell
 Deutsche Bank AG8.318Neutral
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SJC Eximbank6,810/ 6,870
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Cập nhật 30-06-2022 23:11:09
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GBP27.520,9428.694,87
JPY165,73175,46
KRW15,5118,90
Cập nhật lúc 18:51:16 30/06/2022
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