Investors in ether and its troubled twin stETH are nervously anticipating a crypto milestone: the Merge.
Ether and bitcoin reached their highest levels in 10 days on Sunday as the market showed some signs of stabilisation.
Crypto lending may not be down and out, but it’s certainly on the ropes.
The crypto industry was on edge on Monday morning on fears contagion from problems at major crypto players could unleash a major shakeout if not contained.
Bitcoin plunged through several closely watched price levels to the lowest since late 2020.
Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets.