Cointelegraph’s experts discuss this week’s episode of “The Market Report”, where they discuss the Ethereum Merge, and how it could impact the crypto market.
We started things off by breaking down the most recent news from the markets this week.
Surge or purge The Merge may not be able to save Ether (ETH), price from “Septembear”. The Merge is not a good idea because of the technical signals, macroeconomic catalysts, and options data. However, a drop in Ether prices is possible. After rallying around 90% from its June bottom of $880, Ether is still at risk. Is Ethereum going to prove analysts wrong? Or is the price already factored in, and we have already seen the price spike towards the end of the year?
CoinGecko’s co-founder discusses strategy for forked tokens in ETH Merge. Many believe that Ethereum will transition to proof-of–stake (PoS) and a faction Ether (ETH), miners will create a proof-of–work (PoW), fork of the network to continue mining. A senior executive believes there are many ways that ETH holders can take advantage of the upcoming event. Different people expect to trade the Merge in different ways to benefit. Some of the plans are highlighted by our experts. We’d love to hear from you in the comments.
What has happened to Ethereum? These are three signs you should be watching during the Merge. It is implausible to assume that Ethereum will simply transition to a fully functional proof of stake (PoS network) after the Merge. This ignores the effort and risk involved in moving an asset with a $193B market capitalization and 400 Decentralized Applications (DApps). Anyone who wants to trade the event must monitor vital network conditions. Marcel Pechman, our very own Marcel Pechman, outlines 3 things you should be aware of during the merger.
Next is “Quick Crypto Tips”, a new segment that aims to provide quick and simple tips for newcomers to crypto. This week’s tip is to know when it is okay to step aside.
Marcel Pechman, a market expert, then examines the Bitcoin (ETH) and Ether markets. Is the current market situation bullish or bearish? What are the prospects for the next few weeks? Pechman will break it down. They also discuss market news, which will keep you informed about the most recent developments regarding the top two cryptocurrency.
We also have insights from Cointelegraph Markets Pro. This platform is for crypto traders who want a step ahead of their market. Cointelegraph Markets Pro is used by the analysts to identify two altcoins which stood out this week: Lido DaAO Token’s LDO, and Firo’s FIRO.
Are you looking for information on a topic or coin that isn’t covered here? Don’t worry. You can join the YouTube chat and ask your questions there. One-month Markets Pro subscription worth $100 will be awarded to the person who has posted the most interesting question or comment.
Market Report is live at 12:00 ET (5:00 UTC) every Tuesday. Make sure you visit Cointelegraph’s YouTube channel to smash the like and subscribe buttons to all future updates.