Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.
The move to PoS is significant for Ethereum as it changes the incentives for validating the Ethereum blockchain.
Yannick Eckl 4 min read 
BTC continuously holding above $20k and ETH being far from the sub $1,000 mark have been taken as a sign of strength by the market.
USDC is expected to have a bigger market cap than Tether in the coming months due to greater compliance and transparency efforts.
Polygon's MATIC price has rebounded strongly since the beginning of July, from $0.3 on June 18 to $1 on July 18, an increase of 233%.
The FOMC meeting statement has revealed a 75bp interest rate hike - Bitcoin was up 3% after the news broke.
Polygon recorded significant growth in its ecosystem in the second quarter scoring new partnerships and growth.
Bitcoin’s price crashed to its lowest in the last seven days as the market anticipates the Feds interest rate hike.
With the Federal Reserve expected to raise the interest rate by at least 75 basis points on July 27, the crypto market cap has shed roughly 4%.
A joint report from BCG, Bitget and Foresight Ventures revealed that crypto is still at the beginning of the adoption curve and it will expand exponentially, especially in APAC and LatAm.
