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☆ Analyst explains Bitcoin's sell-off following the ETF launch
▼ + stars: | 2024-01-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst explains Bitcoin's sell-off following the ETF launchMarkus Thielen of 10x Research breaks down the price correction for Bitcoin following the SEC's approval for spot Bitcoin ETFs.

Persons: Markus Organizations: Research

☆ Crypto trading will shift away from unregulated exchanges focused on retail investors: Matrixport
▼ + stars: | 2023-11-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto trading will shift away from unregulated exchanges focused on retail investors: MatrixportMarkus Thielen of Matrixport says Binance's DOJ settlement "dramatically" increases the probability of a Bitcoin ETF next year.

Persons: Matrixport Markus Thielen, Matrixport Organizations: DOJ

☆ At SpaceX, worker injuries soar in Elon Musk’s rush to Mars
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +35 min

Through interviews and government records, the news organization documented at least 600 injuries of SpaceX workers since 2014. The more than 600 SpaceX injuries Reuters documented represent only a portion of the total case count, a figure that is not publicly available. SpaceX injury data reporting failures SpaceX facilities failed to submit injury data annually, as required by regulators, for most years since 2016. Workers welded rocket parts up to 12 hours a day, six days a week, often in temperatures over 100 degrees Fahrenheit, the SpaceX workers said. The accident occurred when he and other SpaceX employees were being transferred between two vessels.

Persons: Lonnie LeBlanc, LeBlanc, LeBlanc’s, hasn’t, Musk, ”, Tom Moline, Francisco Cabada, Cabada’s, Elon Musk, Ydy Cabada, Kennedy didn’t, Kennedy, “, Jordan Barab, Travis Carson, Carson, entrepreneurism, Jeff Bezos, Chris Cunnington, Phillip Fruge, ” Fruge, ” Carson, Elon, Carson “, Florentino Rios, Rios, Rios inched, Richard Hinojosa, ” Rios, Cabada, Ydy, SpaceX hasn’t, Michael Sanchez, ” Sanchez, Francisco’s, Evelyn Cabada, ” Barab, Boring, Paige Holland, Musk’s, Moline, Gwynne Shotwell, ” Shotwell, Shotwell, CalOSHA, Ann Rosenthal, Steven Trollinger’s, Trollinger, –, Chris Weimer, Ron Weimer Organizations: Elon, SpaceX, U.S . Marine Corps, U.S . Occupational Safety, Health Administration, OSHA, Musk’s, V2, Reuters, Regulators, Kennedy Space Center, U.S . National Aeronautics and Space Administration, NASA, ” Reuters, California OSHA, CalOSHA, ”, Workers, Boeing, Cabada, Boring Company, National Labor Relations Board, billionaire’s, Federal Locations: McGregor , Texas, LeBlanc, amputations, Hawthorne , California, Brownsville , Texas, Redmond , Washington, Florida, Cape Canaveral, California, Brownsville, Texas, Mexico, Moline, Carson, American, SpaceX’s Brownsville, Rios, Hawthorne, Los Angeles, “, ” Holland, Thielen, Holland, Federal, After Texas

CHICAGO (AP) — The Chicago Bears weren’t too concerned about appearances. D’Onta Foreman ran for a touchdown and the Bears boosted their shot at the top pick in the draft, beating the Carolina Panthers 16-13 on Thursday night. Political Cartoons View All 1239 ImagesForeman gave the Bears a 16-10 lead in the third quarter with a 4-yard run. SLOW STARTThe Panthers led 10-9 at halftime even though the Bears outgained them 205 yards to 97. Chicago answered with a 54-yard field goal by Santos.

Persons: D’Onta Foreman, ” Foreman, “, Moore, Foreman, Carolina’s Eddy Pineiro, Darnell Mooney, Tyson Bagent, Justin Fields, Fields hasn’t, Eberflus, ” Eberflus, ” Cairo Santos, Bryce Young, ”, Montez Sweat, I’m, Carolina’s Ihmir Smith, Marsette, Young, Adam Thielen, ” Young, Foreman —, Carolina —, Carolina, Trenton Gill, Pineiro, Santos . Smith, Josh Blackwell, Santos ., Bear Pineiro, Santos, ___ Organizations: CHICAGO, Chicago Bears, Bears, Carolina Panthers, “, NFL, Panthers, Arizona, Division II Shepherd University, Detroit, ”, ” PANTHERS, Indianapolis, Carolina, Chicago, Trenton, TD, NEXT, Dallas Locations: Chicago, Atlanta, West Virginia, Minnesota, Washington, Detroit

☆ NFL roundup: Browns ruin 49ers' perfect season thanks to late FG
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +10 min

Eagles quarterback Jalen Hurts had 280 yards passing -- including 131 to A.J. The Panthers (0-6) remain the only winless team in the NFL despite going to the second quarter with a 14-0 lead. Commanders 24, Falcons 16Behind Sam Howell's three touchdown passes and key interceptions by Kendall Fuller and Benjamin St-Juste, visiting Washington earned a win over Atlanta. Christian Kirk and Brenton Strange caught touchdown passes as Jacksonville (4-2) moved into first place in the AFC South. The Lions' top rusher, David Montgomery, suffered a rib injury in the second quarter and did not return.

Persons: Dustin Hopkins, Wyatt Teller, Hopkins, Ken Blaze, Jake Moody, Jordan Mason, Christian McCaffrey, Deebo Samuel, Brock Purdy, P.J . Walker, Deshaun Watson, Tony Adams, Breece Hall, Zach Wilson, Randall Cobb, Wilson, Jalen, Brown, Greg Zuerlein, Tua Tagovailoa, Raheem Mostert, Tyreek Hill, Bryce Young, Chuba Hubbard, Adam Thielen, Justin Tucker, Tucker, Nick, Lamar Jackson, Ryan Tannehill, Sam Howell's, Kendall Fuller, Benjamin St, Juste, Atlanta . Howell, Fuller, Terry McLaurin, Brian Robinson, Antonio Gibson, Desmond Ridder, Jordan Hicks, Kirk Cousins, Jordan Addison, Justin Fields, Tyson Bagent, Joe Burrow, Geno Smith, Burrow, Smith, Kenneth Walker III, Andrei Iosivas, C.J, Stroud, Dalton Schultz, Robert Woods, Derek Carr, Trevor Lawrence, Travis Etienne Jr, Lawrence, Christian Kirk, Brenton Strange, Gardner Minshew, Anthony Richardson, Zack Moss, Jimmy Garoppolo, Daniel Carlson, Garoppolo, Brian Hoyer, Mac Jones, Bill Belichick, Don Shula, George Halas, Jared Goff, Goff, Ra St, Jameson Williams, David Montgomery, Baker Mayfield, Chris Godwin, Cooper Kupp, Christian Rozeboom, Josh Dobbs, Kyren Williams, Williams, Dobbs Organizations: Cleveland Browns, San Francisco 49ers, 49ers, Cleveland, Browns, Jets, Eagles, New, Philadelphia, Dolphins, Panthers, Miami, Carolina, The Dolphins, NFL, Ravens, Titans, Baltimore, Nick Folk, Tennessee, Falcons, Washington, Atlanta ., St, Vikings, Bears, Minnesota, Chicago, Bengals, Seahawks, Cincinnati, Seattle, The Bengals, Texans, Saints, Stroud, Jaguars, Colts, Jacksonville, Indianapolis, AFC, Raiders, Patriots, Las Vegas, New England, Lions, Buccaneers, Detroit, Tampa Bay, NFC, Bucs, Rams, Cardinals, Los Angeles, Thomson Locations: Cleveland , Ohio, USA, San Francisco, New York, East Rutherford, N.J, Philadelphia, Miami Gardens, Fla, Tennessee, London, Baltimore, Atlanta, Minnesota, Houston, New Orleans, Jacksonville, New, New England, Detroit, Green, Amon, Arizona, Inglewood , Calif, Los Angeles

☆ NFL roundup: Ja'Marr Chase, Bengals pull away from Cardinals
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +8 min

Mandatory Credit: Joe Rondone-USA TODAY Sports/ Acquire Licensing RightsOctober 9 - Joe Burrow threw three touchdown passes to Ja'Marr Chase to lead the Cincinnati Bengals past the Arizona Cardinals, 34-20, on Sunday in Glendale. Joshua Dobbs completed 15 of 32 passes for 166 yards and two touchdowns, but he threw his first two interceptions of the season for the Cardinals (1-4). Saints 34, Patriots 0Derek Carr threw two touchdown passes and New Orleans' defense forced three turnovers in a victory over New England in Foxborough, Mass. Ryan Tannehill completed 23 of 34 passes for 264 yards for Tennessee, but his last pass was intercepted with 10 seconds left. Pickett completed 18 of 32 passes for 224 yards while playing through a bone bruise in his left knee.

Persons: Ja'Marr Chase, Joe Rondone, Joe Burrow, Chase, Carl Pickens, Burrow, Evan McPherson, Cam Taylor, Britt, Joshua Dobbs, Marquise Brown, Derek Carr, Carr, Alvin Kamara, Tyrann Mathieu, Mac Jones, Jones, Bailey Zappe, Dallas Goedert, A.J, Brown, Jake Elliott's, Cooper Kupp, Matthew Stafford, Trevor Lawrence, Lawrence, Travis Etienne, Calvin Ridley, Josh Allen, Younghoe Koo, Dalton Schultz, Desmond Ridder, Ridder, Jared Goff, Goff, David Montgomery, Josh Reynolds, Bryce Young, Adam Thielen, Zack Moss, Anthony Richardson, Moss, Richardson, Ryan Tannehill, DeAndre Hopkins, De'Von Achane, Hill, Graham Gano, Raheem Mostert's, Achane, Kenny Pickett, George Pickens, T.J, Watt, Pickett, Pickens, Lamar Jackson, Justice Hill, Greg Zuerlein, Hall, Zach Wilson, Patrick Surtain, Russell Wilson, Quincy Williams, Bryce Hall scooping, Adam Trautman, Patrick Mahomes, Rashee Rice, Travis Kelce, Isiah Pacheco, Kirk Cousins, Jordan Addison Organizations: Cincinnati Bengals, Arizona Cardinals, State, Bengals, Steelers, Cincinnati, Cardinals, Saints, Patriots, New, NFL, Eagles, Rams, Philadelphia, Dallas, Jaguars, Bills, Jacksonville, Falcons, Texans, Atlanta, Houston, The Texans, Stroud, Lions, Panthers, Detroit, Carolina, Colts, Indianapolis, Tennessee, Dolphins, Giants, Miami, New York, Ravens, Pittsburgh, Baltimore, Justice, Jets, Broncos, Denver, Chiefs, Vikings, Kansas City, Minnesota, Thomson Locations: Glendale , Arizona, USA, Glendale, Ariz, New Orleans, New England, Foxborough, Los Angeles, Inglewood , Calif, Angeles, Buffalo, London, Tennessee, New, Miami Gardens, Fla, New York, Baltimore, Denver, Kansas, Minneapolis

Pro Picks is a weekly column where AP Pro Football Writer Rob Maaddi shares his picks for upcoming games. ___The Detroit Lions are going back to Lambeau Field for the first time since ending Aaron Rodgers’ career in Green Bay. The Jets (1-2) refused to upgrade at QB after losing Aaron Rodgers and their season is in danger of spiraling. GIANTS, 23-20Last week: Straight up: 12-4. Against spread: 1-2.

Persons: Rob Maaddi, Aaron Rodgers ’, Jordan Love, “, you’ve, Dan Campbell, “ It’s, Packers haven’t, Aaron Jones, Christian Watson, FanDuel, Deshaun Watson, Jim Schwartz’s, Myles Garrett, Trevor Lawrence, Bijan Robinson, Tyler Allgeier, Tyreek Hill, Raheem Mostert, De’Von Achane, T.J, Watt, Gardner Minshew, Anthony Richardson, Matt Gay’s, Adam Thielen, Andy Dalton, Alvin Kamara, Derek Carr, Jameis Winston, Baker Mayfield, Sean Payton’s, Joe Burrow’s, Derrick Henry, Justin Herbert’s, Jimmy Garoppolo, Dak, can’t, they’ve, Ezekiel Elliott, Patrick Mahomes, Travis Kelce, Zach Wilson, Aaron Rodgers, ___ Organizations: AP Pro Football, Detroit Lions, Lambeau Field, Packers, NFC, Saints, Lions, ” Lions, LIONS, WASHINGTON AT PHILADELPHIA, Eagles, BEST BET, EAGLES, BALTIMORE AT CLEVELAND Line, Browns, Ravens, ATLANTA AT JACKSONVILLE Line, Jaguars, Falcons, JAGUARS, MIAMI AT BUFFALO Line, Denver, Dolphins, Bills, AFC East, Jets, PITTSBURGH AT HOUSTON Line, Steelers, Texans, STEELERS, ANGELES RAMS, INDIANAPOLIS, Colts, Rams, MINNESOTA AT CAROLINA, Vikings, Panthers, VIKINGS, TAMPA BAY, ORLEANS, Buccaneers, Philadelphia ., Philadelphia . Tampa can’t, DENVER, CHICAGO Line, Sean Payton’s Broncos, Bears, BRONCOS, CINCINNATI AT TENNESSEE Line, Bengals, Titans, BENGALS, LAS, LOS ANGELES CHARGERS Line, Chargers, Raiders, CHARGERS, DALLAS Line, Cowboys, Co, Patriots, COWBOYS, FRANCISCO, 49ers, Cardinals, Arizona . 49ERS, KANSAS CITY, JETS Line, Chiefs, The Jets, CHIEFS, SEATTLE, NEW, Giants, Seahawks, MetLife, GIANTS Locations: Green Bay, London, Tyreek, Buffalo, C.J, Stroud, He’s, MINNESOTA, Philadelphia . Tampa, Las Vegas, Dak Prescott, ARIZONA, Arizona, KANSAS, Seattle

☆ NFL roundup: Dolphins score 70 points in routing Broncos
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +10 min

Russell Wilson completed 23 of 38 passes for 306 yards with a touchdown and an interception for the Broncos (0-3), who lost three turnovers. Justin Herbert completed 40 of 47 passes for 405 yards and three touchdowns for the Chargers (1-2). Kirk Cousins completed 32 of 50 passes for 367 yards, three touchdowns and an interception for Minnesota (0-3). Desmond Ridder, under constant pressure from the Lions defense, completed 21 of 38 passes for 201 yards. Trevor Lawrence completed 27 of 40 passes for 279 yards, one touchdown and one interception for the Jaguars.

Persons: Achane, Nathan Ray Seebeck, Raheem Mostert, Tua Tagovailoa, Tagovailoa, Tyreek Hill, Russell Wilson, Kenneth Murray Jr, Justin Herbert, Keenan Allen, Mike Williams, Kirk Cousins, Justin Jefferson, Cousins, Murray, Joshua Dobbs, Dobbs, Jonathan Gannon, Dak Prescott, Tony Pollard, Prescott, Kyzir White, Deshaun Watson, Amari Cooper, Elijah Moore, Ryan Tannehill, Derrick Henry, Cleveland's Myles Garrett, Tannehill, Jared Goff, Goff, Lions wideout Amon, Ra St, Brown, Sam LaPorta, Desmond Ridder, Bijan Robinson, Jordan Love, Love, Rashan Gary, Carr, Blake Grupe, Derek Carr, Jameis Winston, Andrew Beck, Stroud, Tank Dell, Brevin Jordan, Dameon Pierce, Blake Cashman, Will Anderson, Trevor Lawrence, Tank Bigsby, Christian Kirk, Travis Etienne Jr, Sam Howell, Josh Allen, Stefon Diggs, Terrel Bernard, Howell, Matthew Judon, Mac Jones, Ezekiel Elliott, Zach Wilson, Judon, Mekhi Becton, Wilson, Matt Gay's, Lamar Jackson's, Zack Moss, Moss, Gardner Minshew, Anthony Richardson, Jackson, Patrick Mahomes, Isiah Pacheco, Mahomes, Jerick McKinnon, Travis Kelce, Justin Fields, Fields, Kenneth Walker III, Jason Myers, Walker, Seattle's Geno Smith, Jake Bobo, DK Metcalf, Andy Dalton, Bryce Young, Dalton, Adam Thielen Organizations: Miami Dolphins, Denver Broncos, Miami, Broncos, Chargers, Vikings, Minnesota, Cardinals, Cowboys, NFL, New York Giants, New York Jets, Browns, Tennessee, Lions, Falcons, Detroit, Atlanta, Packers, Saints, Green, New, Lambeau, Texans, Jaguars, Jacksonville, AFC, Houston, Bills, Buffalo, Patriots, Jets, The Patriots, AFC East, Denver, New York, Colts, Ravens, Baltimore, Indianapolis, Chiefs, Bears, Kansas City, skidding Chicago . Kansas City, Chicago, Seahawks, Panthers, Seattle, Carolina, Thomson Locations: Miami Gardens , Florida, USA, Miami Gardens, Fla, Miami, Los Angeles, Minneapolis, T.J, Arizona, Dallas, Glendale, Ariz, Cleveland, Tennessee, New Orleans, Green, C.J, Houston, Washington, New England, New York, East Rutherford, N.J, Kansas, Indianapolis, skidding Chicago .

CHARLOTTE, N.C. (AP) — Carolina Panthers rookie quarterback Bryce Young will not practice on Thursday because of an ankle injury, the team announced. The news further increases the likelihood that 13-year pro Andy Dalton will make his first start for the Panthers on Sunday at Seattle. Young, the No. Young finished the game, throwing a touchdown pass and a 2-point conversion to Adam Thielen on his final drive. Reich said he didn't know about the injury until after the game.

Persons: CHARLOTTE, Bryce Young, Andy Dalton, Frank Reich, Young, Adam Thielen, Reich Organizations: — Carolina Panthers, Panthers, Sunday, Seattle ., New Orleans Saints Locations: N.C, Seattle

Jones replaced the injured Jamaal Williams late in the first half and ran for 34 yards on 12 carries. It was big for him and big for us.”The Saints' defense did the rest, holding Panthers rookie Bryce Young to 153 yards passing in his home debut. New Orleans limited Carolina (0-2) to 239 yards and sacked Young, the top overall pick in the draft, four times. In the third quarter, the Panthers brought in Young's backup, Andy Dalton, presumably to run a quarterback sneak on fourth-and-inches. You make a few plays and you’re at 28 points.”INJURIESSaints: Williams left the game in midway through the second quarter and did not return.

Persons: CHARLOTTE, — Tony Jones, Chris Olave, Jones, Blake Grupe, Jamaal Williams, Dennis Allen, “, ”, Bryce Young, Young, ” Young, Adam Thielen, Thielen, Derek Carr, Carr, Olave, you’re, Allen, ” Olave, Jones ’, Taysom Hill, ” Carr, Carolina couldn't, Miles Sanders, Andy Dalton, Dalton, Cade Mays, Eddy Pineiro, Carl Granderson, Paulson Adaebo, ” Allen, Frank Reich, “ It’s, ” Reich, Williams, Shaq Thompson, Reich, Thompson, Trevor, DeShawn Williams, ___ Organizations: New, Saints, Carolina Panthers, Panthers, . New, Tennessee, Atlanta, NFC, ” Panthers, Veteran, Sunday, Seattle Locations: N.C, New Orleans, ., . New Orleans, Carolina, Tampa, Green

☆ There's strong demand from people moving some of their deposits into crypto, strategist says
▼ + stars: | 2023-03-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's strong demand from people moving some of their deposits into crypto, strategist saysMarkus Thielen of Matrixport discusses the demand for cryptocurrency in the wake of the banking crisis.

REUTERS/Benoit Tessier/File PhotoFeb 21 (Reuters) - The world of stablecoins is suddenly looking shaky. "There's way too much demand for dollar-based stablecoins for them to go away," said Alex Miller, CEO at bitcoin developer network Hiro. Market leader tether (USDT) has been a big beneficiary, adding $1.9 billion to its market capitalization to hit $70.3 billion since the news. It now commands 52.6% of the stablecoin market, up from just over 51%. Traders also use these tokens to hedge their positions, and hence dwindling market value is associated with falling liquidity and leverage in the broader crypto market.

☆ Bitcoin is headed for its best start to the year since 2013 as risk appetite grows ahead of expected smaller Fed rate hike
▼ + stars: | 2023-01-27 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +3 min

The rally comes ahead of expected smaller rate hikes from the Federal Reserve next week. The rally seems driven by the belief that the Federal Reserve will ease back further on aggressive rate hikes following signs of cooling inflation. "More measured rate hikes globally tilting to stability will reduce the headwinds as BTC edges towards fresh heights. Matrixport's Thielen said supporting the rally is a "clear signal" that US institutions are buying up bitcoin right now. "Institutions are not only buying bitcoin spot; rather, we are also seeing consistently high premiums for perpetual futures," Thielen said.

☆ Cryptocurrency industry has to 'move on' from FTX collapse, analyst says
▼ + stars: | 2023-01-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCryptocurrency industry has to 'move on' from FTX collapse, analyst saysMarkus Thielen of Matrixport says there's "a lot more hope" for the industry.

Interest in this niche breed of cryptocurrencies, typically linked to sports teams like Barcelona or Brazil, has been charged up by the soccer World Cup which began on Nov. 20. The token of Lionel Messi's Argentina side slumped 25% to $5.26 following the team's shock defeat by Saudi Arabia in their opening World Cup game. The broader crypto market malaise is partly to blame for price drops, according to researchers who said the flighty assets were wilting as investors shunned risk. "But the first perception should never be that you're buying the fan token from a profit-generating standpoint." It facilitates trading of most fan coins, describing buying such tokens as joining a loyalty scheme with exclusive benefits and prizes.

☆ Former SpaceX employees file labor-law complaint
▼ + stars: | 2022-11-18 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

CNN —Eight former SpaceX employees filed labor-law complaints, alleging that Elon Musk’s space company unlawfully fired workers after they wrote company management a letter begging them to publicly condemn Musk’s “harmful” behavior on social media. The company, which Musk founded in 2002, is one of the most influential and powerful commercial space companies in the world. SpaceX has nearly 10,000 total employees, according to an NLRB complaint. The same day the letter was sent, Holland-Thielen and four others were fired, according to the NLRB complaint. “It’s shocking that SpaceX appears to believe that its mission of getting humans to Mars justifies turning a blind eye to workers’ basic civil rights,” Burgess said.

☆ Former SpaceX employees file labor complaints alleging retaliatory firings by Elon Musk's company
▼ + stars: | 2022-11-17 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

Former employees of SpaceX have filed federal complaints against the company, alleging Elon Musk's venture illegally fired them in response to the concerns they expressed, including about sexual misconduct allegations directed at the CEO. Eight complaints, filed on Wednesday with the National Labor Relations Board, say the company conducted a "campaign of retaliation and intimidation" in response to employees who internally circulated an open letter to executives. The former employees allege that SpaceX violated the National Labor Relations Act of 1935 by firing them after they spoke up. The complaints also allege that SpaceX terminated four others in July and August "in retaliation" for either drafting or sharing the letter internally. The additional firings followed meetings and interviews with "dozens of employees" where SpaceX "falsely" said "the conversations were attorney-client privileged and could not be disclosed to anyone," according to the complaints.

My people have been pulling tendons, trimming fat and finding our way around the joint for generations. To cook meat well, you have to care about it, form a relationship with it. A good month before Thanksgiving, I like to take a hot cup of tea to a soft chair along with a half-dozen of my favorite cookbooks to start looking for turkey inspiration. I close the books feeling the full weight of the 12- to 14-pound traditional grande dame I will probably, inevitably, make. I tell myself that a big, brown turkey is what everyone wants—but is it just what they expect?

The Ethereum blockchain's mega-upgrade finally went live on Sept. 15, moving it to a less energy-intensive "proof of stake" (PoS) system with hardly a hiccup. Some crypto investors are now turning their attention to the next event that could shake up prices. It would allow validators, who have deposited ether tokens on the blockchain in exchange for a yield, to withdraw their staked coins, to hold or sell. Longer-term, though, the switch to PoS is expected to decrease the rate at which ether tokens are issued - potentially by up to 90% - which should drive up prices. Additionally, annual yields of 4.1% for staking ether tokens to validate transactions could prove tempting for investors.

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