The Future of Crypto Is at Stake in Ethereum's Switch

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The cryptocurrency industry is preparing for a major event: the Ethereum merge. This will be a big change for the Ethereum network, and could have major implications for the future of cryptocurrency. In addition, Block is continuing to expand its reach outside of the Square ecosystem, and US stocks are trying to rebound after a three-week losing streak.

Outline

Would You Ditch All This Chaos for a Country in the Cloud?: The article discusses the possibility of moving to a country that exists entirely in the cloud, and whether or not it would be a good idea.
Block extends Cash App's reach outside Square ecosystem: The article discusses how Block's extension of Cash App's services will allow it to reach a wider audience.
US stocks rise in a bid to rebound after a 3-week losing streak: The article discusses how US stocks are rebounding after a period of decline.
Forget Bitcoin, Block’s Ecosystems are the Real Growth Drivers: The article discusses how blockchains are the real drivers of growth in the crypto industry, not Bitcoin.
The future of crypto is at stake in Ethereum’s switch: The article discusses how Ethereum's switch to a new proof-of-stake model could mean big things for the future of cryptocurrency.
Radar Trends to Watch: September 2022: The article discusses some of the trends that will be popular in September 2022.
This Disruptor Could Be the Best Buy in This Bear Market: The article discusses how a particular company could be a good investment during a period of market decline.
Ethereum Rises 6% Days Ahead of "the Merge: The article discusses how Ethereum's price is rising in anticipation of the Merge.
Why Ethereum Classic Is Surging Today: The article discusses why Ethereum Classic is experiencing a price surge.
Links 9/6/2022: The article provides links to various news stories from September 6th, 2022.
Bitcoin Repricing Is Near: One Chart You Must See: The article discusses how Bitcoin's price is likely to change soon, and provides a chart to illustrate this.
First Phase Of Ethereum Merge, Biggest Thing In Crypto Since Bitcoin, Goes Live: The article discusses how the first phase of Ethereum's switch to a new proof-of-stake model is now live.
Ether Prices Rally As Bellatrix Upgrade Moves Ethereum One Step Closer To The Merge: The article discusses how Ethereum's price is rising in anticipation of the Merge.
Ethereum Miners Eye Cloud, AI To Repurpose Equipment That The Merge Will Make Obsolete: The article discusses how Ethereum miners are preparing for the changes that will occur as a result of the Merge.
Here’s How Investors Can Potentially Tame September Volatility: The article discusses how investors can protect themselves from market volatility in September.
Cosmos: Great Blockchain, Mediocre Investment: The article discusses how Cosmos is a great blockchain but not a great investment.
Wall Street Breakfast: Energy Shocks: The article discusses how energy prices are volatile and could cause problems for the stock market.
First Mover Americas: Ether Outshines Bitcoin as Ethereum Merge Nears: The article discusses how Ethereum is outperforming Bitcoin as the Merge approaches.
Ethereum Classic Hashrate, Prices Surge as Miners Prepare for Post-Merge Reality: The article discusses how Ethereum Classic miners are preparing for the changes that will occur after the Merge.
Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins: The article discusses how Bitcoin's price is falling as the Merge approaches.
The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too: The article discusses how the US Federal Reserve is trying to devalue the US dollar.
With Crypto’s Blowups, TradFi Boasts Its Legal Rigor: The article discusses how traditional financial institutions are trying to take advantage of the crypto industry's recent legal troubles.
Pantera Capital’s Senior Staff Departures Are Broader Than Previously Reported: Sources: The article discusses how Pantera Capital is losing several key employees.
Traders Bet on GMX Tokens as Proxy for Ethereum Layer 2 Solution Arbitrum: The article discusses how traders are betting on GMX tokens as a way to invest in Ethereum's layer 2 solution, Arbitrum.
What the Merge Could Mean for Ethereum and Its Developers: The article discusses how the Merge could change Ethereum and the role of its developers.
Who Benefits From Binance Converting USDC to Its Own Stablecoin?: The article discusses how Binance's conversion of USDC to its own stablecoin benefits the company.
Binance Ditched a Bunch of Stablecoins. Even a Newly Banished Issuer Was OK With It: The article discusses how Binance's decision to delist several stablecoins was met with mixed reactions.
The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too: The article discusses how the US Federal Reserve is trying to devalue the US dollar.
Bitcoin Beach Brazil: Inspired By El Salvador: The article discusses how the town of

Would You Ditch All This Chaos for a Country in the Cloud?

Balaji Srinivasan—technologist, investor, prophet, troll—says let the old world sink. Find your tribe and build your bespoke society, or get left behind.

Block extends Cash App's reach outside Square ecosystem

Cash App users can now pay on popular retail sites like American Eagle and JD Sports, which can help Block boost payments volume and revenues.

US stocks rise in a bid to rebound after a 3-week losing streak

Goldman Sachs said the US economy looks increasingly like it will avoid a recession despite the Fed's aggressive interest-rate hikes.

Forget Bitcoin, Block’s Ecosystems are the Real Growth Drivers

It’s been a tough year for payments platform fintech Block (NYSE: SQ) stock as it trades down (-58%) on the year. The old adage, “it’s better to have had and

The future of crypto is at stake in Ethereum’s switch

Can decentralised networks reform themselves?

Radar Trends to Watch: September 2022

It’s hardly news to talk about the AI developments of the last month. DALL-E is increasingly popular, and being used in production. Google has built a robot that incorporates a large language model so that it can respond to verbal requests. And we’ve seen a p…

This Disruptor Could Be the Best Buy in This Bear Market

An established tech giant could get even bigger.

Ethereum Rises 6% Days Ahead of "the Merge

The Ethereum network will soon transition from a proof-of-work mechanism to a proof-of-stake mechanism.

Why Ethereum Classic Is Surging Today

The original Ethereum blockchain token appears to be benefiting from the upcoming Ethereum Merge.

Links 9/6/2022

Our bouncy daily links: Burning Man fashion, super aurora borealis, China lockdown freakout, monkeypox, SF heatwave, Liz Truss in, new Chile constitution out, EU energy crunch, Trump special master, Google evil snooping, UPS strike

Bitcoin Repricing Is Near: One Chart You Must See

Bitcoin is crying out that repricing is coming. It’s time to get ready for a big move.

First Phase Of Ethereum Merge, Biggest Thing In Crypto Since Bitcoin, Goes Live

Upgrade aims to make the most-used blockchain 99% more energy efficient.

Ether Prices Rally As Bellatrix Upgrade Moves Ethereum One Step Closer To The Merge

Ether prices have climbed in the last few days, reaching an intraday high this morning after the Ethereum network activated the Bellatrix upgrade.

Ethereum Miners Eye Cloud, AI To Repurpose Equipment That The Merge Will Make Obsolete

Mining of alternative proof-of-work coins will likely remain profitable only for those with access to cheap energy.

Here’s How Investors Can Potentially Tame September Volatility

September has historically been one of the worst months for stocks, with returns averaging -0.34% for the 30-year period, -0.26% for the 15-year period and -0.92% for the five-year period, according to Bloomberg data.

Cosmos: Great Blockchain, Mediocre Investment

Cosmos is dubbed the internet of blockchains and has shown convincing potential. With proposal 72, it could take a massive leap forward. Here's my rating for ATOM-USD.

Wall Street Breakfast: Energy Shocks

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.

First Mover Americas: Ether Outshines Bitcoin as Ethereum Merge Nears

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ethereum Classic Hashrate, Prices Surge as Miners Prepare for Post-Merge Reality

Futures tracking the tokens logged some $27 million in liquidations in the past 24 hours – second only to Ethereum and ahead of bitcoin futures, which usually see the highest liquidations.

Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins

Bitcoin (BTC) and Ether (ETH) took divergent paths on Tuesday, as BTC traded down while ETH rose in early trading ahead of the much-anticipated transition of the Ethereum blockchain to a proof-of-stake protocol from a proof-of-work. Market Wrap is CoinDesk’s …