Auto Added by WPeMatico

Crypto, Stocks, PMs Sink Lower — All Eyes on the Fed’s Next Rate Hike as Ethereum’s Merge Hype Wavers

The crypto economy has slipped under the $1 trillion range once again after briefly rising to a high of $1.16 trillion on September 14. Signs show that Ethereum’s Merge hype…

Continue ReadingCrypto, Stocks, PMs Sink Lower — All Eyes on the Fed’s Next Rate Hike as Ethereum’s Merge Hype Wavers

Merge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam

The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem.

Continue ReadingMerge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam