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What stocks have ETH on their books ahead of The Merge? Ethereum's long-awaited “Merge” is expected to occur around Sept. 15, and is heralding fresh interest for the platform as it transitions to proof of stake from proof of work. The Merge is considered as the most significant upgrade in Ethereum's history that is expected to reduce the platform's energy consumption by 99.95%. Considering the benefits and the risks associated with the upgrade, a lot of cryptocurrency and stock investors are cautiously waiting its implementation. The Benefits vs The Risks The Merge will is expected to eliminate the need for energy-intensive mining and instead secures the network using staked Ether, the platform's signature currency and the second-most valuable digital asset after Bitcoin. The process is tipped to pave the way for scaling upgrades and help solve Ethereum's biggest problems, which is the substantial fees required to use the network. Unfortunately, along with the benefits come the dangers of proceeding with The Merge. What Ethereum is attempting is a complicated process, which is probably why it has been delayed for years since it was unveiled more than eight years ago. Crypto venture investor Christopher Calicott said "any time you're making changes to a complex system, there must necessarily arise unintended consequences." Chandler Guo, a crypto industry veteran who leads a group opposing The Merge noted that "it's very difficult. It's very dangerous." According to some crypto experts, a change of this scale could also make Ethereum vulnerable to hacks or other disruptions. Public Interest There are 12 public companies with Ethereum on their balance sheets, holding a combined 212,513 Ether. However, most of these entities are not on major recognisable exchanges. The exceptions being Coinbase Global (NASDAQ: COIN), BTCS (NASDAQ: BTCS), Meitu (HKG: 1357), Galaxy Digital Holdings (TSE: GLXY), and Mogo (TSE: MOGO). The remaining seven entities, which can be found in over-the-counter or smaller exchanges focused on promoting black-swan type firms, include: Neptune Digital Assets (CVE: NDA), Ether Capital (OTCMKTS: DTSRF), HIVE Blockchain Technologies (CVE: HIVE), BIGG Digital Assets (CNSX: BIGG), Digihost Technology (CVE: DGHI), FRMO (OTCMKTS: FRMO) and Cypherpunk Holdings (CNSX: HODL). Considering the scale of The Merge, it could either make or break some of these small cap companies, as well as retail users of one of Ethereum. Failure of the upgrade could imperil thousands of crypto applications that operate using Ethereum, which collectively handle more than $50 billion user funds. Because the process is surrounded in much uncertainty, a lot of the predictions for what will happen once the upgrade is started are rooted from speculations. Regardless of the result, The Merge brings about plenty of attention to Ethereum and some traders are expecting the lead-up to the upgrade will see Ether prices rise in the short-term to between $1,850 to $2,000, Blockworks reported. Ether has already outperformed bitcoin in the past few weeks due to hype surrounding the upgrade. The number two crypto is up around 47% over a 50-day period to about $1,500 on spot markets, while bitcoin remains relatively flat, trading near $20,000.
BLACKBULL:ETHUSD
by BlackBull_Markets
1
Ethereum | FOMC Created Useless Bearish Volume | Bulls Are BackEthereum | The FOMC created useless bearish volume | Bulls Are Back Again Since the news of the merger was released, we have seen ETH build a very strong bullish accumulation volume. All the patterns we see on the chart are shown that day by day many traders are trying to take advantage of this rare opportunity that will affect one of the crypto leaders. Yesterday morning the price made a small bearish move and decrease the price by -7% However, as we can see it was a useless movement for the bears to win more price territory. Strong support was shown for the second time close to the support area of the previous pattern near 1820 a bit lower than 1857 that we had as a zone. Now the price is showing bullish signs again. Given that the pattern is still valid, the bullish move should continue. Price analysis: Price is actually testing the top of the pattern and I'm waiting the price should be corrected up to 1852.00 as a maximum. After that, the price should rise again. Targets: 🎯 2143 🎯 2285 🎯2400 Thanks and good luck!
Long
by KlejdiCuni
26
LTC | Bullish Accumulation Is Getting StorngerLTC | Bullish Accumulation Is Getting Stornger In Litecoin we can see that the price created 3 bullish patterns in a row. This is a very good thing because this is showing that all the time that price is making a new high and accumulation process begins after that by creating high volume again. If the price continues in this way we can see LTC to move beyond the targets that I have placed on the chart Thank you and Good Luck!
Long
by KlejdiCuni
11
Bitcoin Trend Analytics July 21st - still needs confirmationAfter pulling back around the turning point, BTC rallied up against the next key resistance yesterday and failed. Today the key resistance is at $24698.83. BTC will come back again and test $22700. If it holds the line, $24698.83 will be the next target. If it breaks down into the box again, the short-term supports are $21382.70; $20825.47. The key support of the month is $18659.72. Monitoring Fed’s decision from July 27-28. It will generate a heavy impact on the market. Previous stats: 1.75%; expected target rate: 2.5%-2.75%.
Long
by BitMidas
WHERE LOOKING FOR LONGS BELOW 19K!!!BTC finished the week with blow off the top (21715) before showing signs of rejection shown in 15m, if we see further low (20878) break this will be our confirmation for further bearish continuation targeting below 19k where we can wait for a long opportunity. Further run to the upside from here will result in price seeking liquidity 23-24k not longing the market here will sit on our hands and wait for the correct time and price
KRAKEN:BTCUSDLong
by Marketperceptions00
BTC.D Intermarket Analysis This is the BTC Dominance (BTC.D) chart. BTC.D Down = BTCUSD UP BTC.D UP = BTCUSD Down Right now the BTC.D Chart is at a discounted market, however, it seems to be trading up into a premium market which is (technically speaking) why BTCUSD has been falling recently. Based on this chart, BTC will likely drop a lot more from where it's at should we reach up into a further premium for the BTC.D market. What is BTCD? BTCD is short for Bitcoin dominance (BTCD) and is defined as the ratio of Bitcoin's market capitalization to that of the rest of the cryptocurrency markets. Bitcoin (BTC) is a digital currency that was first introduced back in 2009.
CRYPTOCAP:BTC.DLong
by KnowledgeAndProfits
A Descending Triangle Pattern Indicates a Bearish Market On the daily chart, we can clearly spot a formation of a descending triangle pattern. This price movement indicates a bearish market for Litecoin. A similar descending triangle pattern was formed back in the summer of 2021, where the price eventually broke the support level and dropped lower. Currently, we are waiting for the price to break the pattern. A clean breakout of the support area of 96 will confirm a bearish continuation.
Short
by NicoBeau_Capital
#btcstarburst Expect the worst, Get lucky when moon!!The follow up. Still holding structure moving up the ladder slowly… But so it will be time for the real test. Usually we see a pullback on days in multiples of 5 when leverage is at hand. This. depends on how strong the buying power is? Retail can overcome sell offs that create the liquidations that cause the falling knife affect with momentum buying along with whales. “The turn in the market” unfortunately this cannot last forever , every mountain has its peak some have two and the worst seem to have three. DCA safely Timing is key. We could see a massive drop before an ATH in June (and I am sure everyone will find some FUD to piece together to match up with why Bitcoin crashes again…).
FTX:BTCUSD
by Jonnycatx
3