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After Last Week’s Big Event, Will the Ethereum Merge Still Take Place?

Walter Teng outlines the recent milestone on the Ethereum network, including implications of the transition to Proof of Stake. CRYPTO WEEKLY: FLIPPENING WATCH _*Recorded August 17, 2022_

Art Rachen YJpjLD3c9bU Unsplash
Bitcoin rises back toward record as first related U.S. ETF begins trading
Bitcoin could soar an additional 38% after topping its record high of $65,000, according to Fairlead's Katie Stockton
Flippening Watch

INFLATION EASES, MARKETS RIP The collective world briefly exhaled this week as inflation showed its first signs of cooling in nearly a year. On Wednesday, CPI surprised to the downside, as energy prices showed a month-over-month (MoM) decline for the first time since April. Topline CPI was 8.5%, below the consensus forecast of 8.7%, and lower than the 9.1% figure in June. The CPI basket was unchanged MoM, as the...

BTC 0.68% ETH 0.68% LDO -3.74% MATIC 2.78% OP 7.75% RPL -0.17% SOL -0.81% WBTC 0.52%
Crypto Funding Stays Flat

Venture funding was flat this week, increasing slightly from $229MM to $276MM. The Metaverse/Gaming and Infrastructure segments which were down last week recovered and received the most funding out of any sector, at $87MM and $67MM, respectively. Interestingly, CeFi, one of the most highly funded sectors in the first half of 2022, has seen the lowest funding of any category this past month and received no funding this week. This...

BTC 0.68%
New bitcoin futures ETF could trigger rally to $168,000, analyst asserts
Bridging 101

FIGURE: PEPE CROSSING BRIDGES TO EXPLORE ALTERNATE LAYER 1S / LAYER 2S Although ETH remains the dominant Layer 1 for most on-chain activity, alternate Layer 1s have demonstrated product-market fit throughout the bull market run of ‘20/’21. Solana (SOL 1.62% ) emerged as the ‘high-throughput chain’ focused on complex DeFi / gaming, BNB Chain (BNB) offers easy fiat on/off-ramps through Binance CEX, while Avalanche (AVAX) and Cosmos (ATOM -0.26% ) are building application-specific blockchains...

ATOM -1.34% AVAX -0.90% BNB 3.72% BTC 0.68% ETH 0.68% HOP -0.05% SOL -0.81% SYN 2.78% USDC 0.01% WETH 0.67%
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Bitcoin's all-time high rise reignites $100,000 speculation
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