How To Short Bitcoin? How Will ETH 2.0 Merge Affect ETH Price Prediction? - Crypto Breakdown April 6, 2022

Episode Summary:

In this episode of the Crypto Breakdown, I do a Technical Analysis of Bitcoin, Ethereum, and Dogecoin for possible price scenarios.

ETH 2.0 Merge is just around the corner in Q2 2022. How will this affect ETH price?

According to Ethereum.org The Merge will:

• Eventually the current Ethereum Mainnet will "merge" with the beacon chain proof-of-stake system.
• This will mark the end of proof-of-work for Ethereum, and the full transition to proof-of-stake.
• This is planned to precede the roll out of shard chains.
• We formerly referred to this as "the docking."

Exchange-traded funds (ETFs) issuer ProShares has filed a registration statement with the United States Securities and Exchange Commission to list shares of a Short Bitcoin Strategy ETF.

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

Crypto Heat Map

Subscribe to our Benzinga Crypto Youtube Channel

Subscribe to Moon or Bust Podcast

Past Episodes of Daily Crypto

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Questions? Ask at joedewitt@benzinga.com and we will answer!

Support this podcast at — https://redcircle.com/crypto-daily/donations

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy