Welcome to The Daily Forkast – January 16, 2022 – presented by Joel Flynn.
Ethereum officially began its transition to a proof-of-stake network through “The Merge” upgrade. Next, users will be able to withdraw their staked Ether through the Shanghai hard fork. Although investors fear this may bring in some selling pressure to the cryptocurrency, analyst Justin D’Anethan of Amber shares why this can be a bull case for Ethereum.
In today’s The Daily Forkast, we dive deep into how the upcoming Shanghai upgrade can impact Ethereum prices.