Ethereum post-Merge: what investors need to know 🧠; When markets are down, institutions adopt Bitcoin and Crypto faster than ever before 🚀; FTX's war chest is about to get even more solid 💸
FinTech is Eating the World, 16 September
Good evening Everyone,
TGIF! Today’s issue is like a cherry on top of a super intense and interesting week 🍒. We’re going to look at Ethereum post-Merge (what investors need to know in terms of the risks); institutions adopting Bitcoin & Crypto in bear markets faster than ever before (is it a new game?), and FTX's war chest that’s about to get even more solid (about time to acquire Robinhood?). Let’s jump straight into the awesome stuff:
Ethereum post-Merge: what investors need to know 🧠
Done deal ✅ Yesterday Ethereum finally completed The Merge, moving from proof-of-work (PoW) to proof-of-stake (PoS), and hence forever changing both how ETH is created and how transactions on the Ethereum network are validated.
In case you missed it, you might want to check my yesterday’s piece:
The trade-offs 👀 99.9% less energy use, 90% cut in emissions, and transition towards becoming deflationary, among other things, definitely sound great and promising. Yet, everything comes at a cost. Hence, today we’re going to take a more critical look at the world post-merge and what investors must know. Here’s the long takeaway: