bullish

Ethereum

It's Merge Week

243 Views13 Sep 2022 08:03
Syndicated
SUMMARY
  • Price Movements: Markets experienced a strong rebound dominated by ETH, which closed the week up 12%.
  • Market Liquidity: USDC, TUSD, and USDP accounted for just 3% of total stablecoin volume on Binance before the exchange announced plans to de-list pairs and auto-convert deposits to BUSD.
  • Derivatives: Open interest for Ethereum Classic (ETC) recently hit all time highs as miners shift computational resources to the hard-forked PoW Ethereum chain.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Kaiko
Data-Driven Analysis of Cryptocurrency Markets
Kaiko
Crypto
  • It's Merge Week
    13 Sep 2022
x