On this week’s “The Market Report,” Cointelegraph’s resident experts discuss the Ethereum merger and how it could affect the crypto market.
To start, we break down the latest news in the markets this week.
Rise or Purge? Why the merger may not save the price of Ether (ETH) from “Septembear”. Options data, macro catalysts and technical signals suggest that an Ether price drop is on the cards despite the Merger. Ethereum’s native token, Ether, is not immune to downside risk in September after rallying roughly 90% from its low of around $880 in June. Can Ethereum prove the analysts wrong and break the price after the merger or has the price already been factored in and we have already seen the price rise by the end of this year?
ETH Meltdown: CoinGecko Co-Founder Shares Strategy for Forked Tokens. Many believe that after Ethereum transitions to proof-of-stake (PoS), a faction of Ether (ETH) miners will create a proof-of-work (PoW) fork of the network so they can continue mining. One exec believes there are ways for ETH holders to take advantage of this upcoming event. Different people expect to trade the merger very differently to take advantage of. Our experts highlight some of their plans. Let us know how you’ll do things in the comments sections.
Did Ethereum Go Bad? Here are 3 signs to watch for during the merge. The assumption that Ethereum will simply transition to a fully functional Proof-of-Stake (PoS) network after the merger ignores the risk and effort required to move an asset that has a market cap of $193 billion and 400 apps. decentralized (DApps). This is precisely why monitoring vital network conditions is essential for anyone willing to operate at the event. Our very own Marcel Pechman lays out 3 things to watch out for when merging.
Up next is a new segment called “Quick Crypto Tips,” which aims to provide newcomers to the cryptocurrency industry with quick and easy tips to get the most out of their experience. This week’s tip: Learn when to back off.
Market expert Marcel Pechman then carefully examines the Bitcoin and Ether (ETH) markets. Are current market conditions bullish or bearish? What is the outlook for the coming months? Pechman is here to break it. The experts also review some news from the markets to bring you up to date on the latest two cryptocurrencies.
Lastly, we have insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. Analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week: LDO from Lido DAO Token and FIRO from Firo.
Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room and write your questions there. The person with the most interesting comment or question will receive a one-month subscription to Markets Pro worth $100.
The Market Report airs live every Tuesday at 12:00pm ET (4:00pm UTC), so be sure to head over to Cointelegraph’s YouTube page and hit the “like” and “subscribe” buttons. to see all our future videos and updates.
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