Quick weekly news:3AC founders reveal ties to Terra founder, blame overconfidence for collapse: Read more hereCrypto market cap climbs 15% in a week following Ethereum Merge date revelation: Read more hereLarge institutions sold $5.5B in BTC since May: Read more hereOther notable events include:As "the Merge" draws near, Ethereum Classic jumps 100% in nine days, outpacing ETHDogecoin releases a fresh upgrade to boost security and effectivenessAs "the Merge" draws near, Ethereum Classic jumps 100% in nine days, outpacing ETHETC's price increased to $27 on July 22 after bottoming out at $13.35, representing a 100% gain in just nine days. In contrast, the price of ETH has increased by 64% in U.S. dollars.Among the leading cryptocurrencies, Ethereum's recovery has been one of the most rapid. ETH's quick recovery results from the excitement surrounding a likely network upgrade in September. The long-awaited technological change will convert Ethereum from proof-of-work (PoW) to proof-of-stake (PoS).Additionally, stakers will take the position of miners. Because of this, the PoS move may compel current Ethereum miners to use PoW networks. Thus, investors believe Ethereum Classic will be the primary option for miners switching from Ethereum, which is probably one of the key factors behind ETC's recent price increase.Dogecoin releases a fresh upgrade to boost security and effectivenessDogecoin Core 1.14.6, the most recent update, went live early on Thursday, and Doge asked all network users to update. The most recent version includes:A number of new features.Adjustments to the current cost structure.Various security updates.The "breaking changes" also include a restriction on the maximum number of addnode records and a modification to the setup of the wallet backup directory. There can only be 800 addnodes at a time. The dust limitations for all network members have been decreased from 1 DOGE to 0.01 DOGE, which is a crucial enhancement to DOGE's fee structure.Also, make sure to check out the top altcoin gainers and losers of the week 👇🏼https://ift.tt/Ep0QviH via /r/GoodCrypto https://ift.tt/vC65YFS
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