Price Point: The clock is ticking toward Ethereum's shift to a more energy-efficient system, known as the "Merge." The landmark transition is now expected to occur on Wednesday, but the price of the ether was lower Monday. Bitcoin, by contrast, rose above $22,000, its highest price since mid-August.
Market Moves: There's a lot of hoopla surrounding the Ethereum Merge. But the price of ether can't seem to break away from bitcoin, Omkar Godbole reports. The ratio between the two prices has topped out around 0.08 multiple times since May 2018.
Chart of the Day: Historically, during monetary-policy cycles, prices for risky assets haven't rallied until after the Federal Reserve's first cut.
It’s a big week for the crypto industry as digital-asset traders await the Ethereum blockchain’s landmark Merge expected later this week – a potentially historic shift to a “proof-of-stake” system that’s supposed to be 99% more energy efficient than the current “proof-of-work” system that Bitcoin...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...