The Merge pregame is over, but where’s the party?

Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday episode where we discuss the latest in crypto news, we talked about the recent steep decline in Ethereum prices following its major network upgrade.

We also discussed:

The latest regulatory drama surrounding stablecoins: including a draft House bill that would ban algorithmic stablecoins, some legal action against Tether and a big move in the sector from Robinhood.
Recent movements from the United States federal government to embrace a digital dollar, and who Biden has tapped to prepare for any potential decisions from the Federal Reserve.

Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PDT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.

Ethereum drops more than 17% after ‘way overhyped’ Merge

Anita Ramaswamy

Reporter, Crypto and Fintech

Anita Ramaswamy was a reporter at TechCrunch focused on crypto and fintech. She also co-hosted TechCrunch’s weekly crypto podcast, Chain Reaction, and co-authored its companion newsletter of the same name.

Before TechCrunch, Anita covered financial institutions for Business Insider. Prior to becoming a journalist, she worked as an investment banking analyst at Wells Fargo Securities. You can reach her via email at anita (at) techcrunch (dot) com and follow her on Twitter at @anitaramaswamy.

Disclosure: Anita owns small amounts of BTC, ETH, UNI and YFI for the purpose of learning more about web3 products and technology, worth under $300 combined as of 6/15/22. She does not trade any cryptocurrencies or NFTs for speculative or return-seeking purposes.

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