There are now a lot of expectations from the wider Ethereum community as many will now look to test out the capabilities of the new Proof-of-Stake protocol.
The drop in the European stock market is in tandem with those of the US stock market.
With interest rates set to be hiked following this growing inflation figure, the US market is waking up with a bearish reaction to the news.
The Consumer Price Index (CPI) report for the month of August is billed to be released on Tuesday.
There are currently a number of factors that determines what positivity will trail the future of Bitcoin.
The market is doing all it can to stay resilient, and tap from a unique internal crypto-born fundamental to ignite its natural growth trend.
The stock market on the other side of the world has also shown signs of good health despite the aggressive inflationary fight against inflation by the United States Federal Reserve.
The ECB has once again hiked interest rates as energy prices and inflation threaten to soar even further and a recession looms.
The energy situation is very delicate as demand is also slowing in China according to key economic data. The country saw its crude oil imports slump by 9.4% in August when compared to the year-ago period.
The Pound Sterling has been losing strength against the US Dollar amid fears of recession, its lowest levels in nearly four decades.
There is no assurance that Rishi Sunak will keep a spot on Liz Truss’s cabinet as Kwasi Kwarteng is already considered for the Treasury job.
The hopes of recovery for many foreign currencies against the US Dollar are deemed in the short term considering the fact that many Central Banks are expecting a hike in interest rate to combat inflation.
Ahead of the September meeting of the Federal Open Market Committee (FOMC), the recently released job data will come in handy as one of the determinants of how aggressive the Fed will be in hiking interest rates.
A DC attorney has brought a tax fraud case against MicroStrategy and its co-founder, which could amount to several million dollars.
The stock futures and the broader market is bound to see more pricing pressures with the proposed interest rate hike as planned by Federal Reserve officials.