In this week’s crypto update eToro's market analyst and crypto expert Simon Peters discusses Bitcoin’s resilience, Ethereum’s ‘Merge’, VC interest and Reddit’s NFT’s.
Bitcoin holds above $20,000 as The Merge looms for Ethereum
Bitcoin continues to hold above $20,000 having popped above $22,000 briefly last week - the first time since mid-June - as it continued to show signs of resilience.
The cryptoasset has been moving in this area for more than a month now halting steep declines of earlier in the year.
Ether likewise has been moving between $1,000 and more than $1,200 since the big falls of April-June, and is currently trading just above $1,100 on the eToro platform.
Eyes are firmly on ether at the moment as the Ethereum network merge moves closer. Major trials have run smoothly and the signs are looking good that it will soon take place.
While it's impossible to know what effect the move to a proof-of-stake network will have on the cryptoasset price, theoretically it is...
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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...