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This Week in Crypto – What is this ‘Ethereum merge?’

@EQUITYMATES|28 July, 2022

While we don’t have a strong view on crypto here at Equity Mates, we are fascinated to watch the story unfold. Read on for some of the most interesting Tweets, articles and memes from the past week below. 


Prices of Top Cryptocurrencies


Tweets & Charts of the week


Articles & Videos

Imagine looking for a single hard drive amidst a literal heap of rubbish. Well, that’s been one UK man’s goal for nearly a decade after he accidentally lost the chance of being an early crypto millionaire by chucking the wrong disk drive into the bin. Here’s how he is trying to get it back.

Tesla sold 75% of the Bitcoin on its balance sheet last week for $936 million. Tesla made millions, but accounting rules mean it still took a hit to its balance sheet after making the sale.

When it comes to cryptocurrencies, you need to consider a few key factors before you decide whether to invest. It’s helpful to have an evaluation framework handy for crypto projects. This article will explain a step-by-step framework to assist you in evaluating various crypto projects.

Australian cryptocurrency investors are lining up to invest in Bitcoin and other digital assets despite a brutal market crash, with the number of local buyers on some exchanges outranking sellers five to one.

Video: Binance CEO Changpeng Zhao speaking on the crypto ecosystem and why their cash reserves allow them to more do hiring, investments, and marketing than other companies.

Cryptocurrencies make up 5% of all global payments withdrawn monthly, according to payroll and compliance provider Deel’s 2022 State of Hiring Report.

Coinbase is suspending their affiliate program in a bid to cut costs, which has been labeled by some market commentators as a “big red flag”. Coinbase stock was down over 20% in one day and more than 80% since IPO. Will it survive?

Non-fungible token (NFT) marketplace OneOf is putting Biggie Smalls on the blockchain, releasing its first collaboration with the late rap legend’s estate.

The Federal Reserve Federal will meet on Tuesday and Wednesday this week and is expected to raise interest rates by another 75 basis points, following in the footsteps of June’s rate hike. This is what it could mean for the crypto market.

In Afghanistan, US sanctions, failing banks, and the drying up of foreign aid and cash transfers since the Taliban takeover have left the economy in tatters. This article looks at whether crypto can potentially come to the rescue.


In Focus: The Ethereum merge


Ethereum has seen a nice rally in the last few weeks as excitement about the merge ramps up. But what actually is the Ethereum merge and is it going to change much? Also, we’ve been hearing about the merge for ages, so when’s it finally going to happen? This article answers some of those questions.
[Read the article here]

It’s positive vibes on the episode this week, as at the time of recording ETH has been on an awesome run and has put on 48% in the last 7 days!! Blake explains the positive sentiment around The Merge, and breaks down the chatter about the movement. Then they finish with a wrap of the news.
[Listen to the episode here] 


Some of our favourite content


This is an excerpt from our Crypto Newsletter email. Once a week, for those investing in crypto or interested in learning more about this corner of the market, we’re featuring some of the most interesting content we’ve come across in this weekly email. No spam, we guarantee.

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The world of cryptocurrencies is a fascinating part of the investing universe these days. Questions abound about the future of the currencies themselves – Bitcoin, Ethereum etc. – and the use cases of the underlying blockchain technology. For those investing in crypto or interested in learning more about this corner of the market, we’re featuring some of the most interesting content we’ve come across in this weekly email.