Global stocks are on the rise, matching a recent boost in major cryptocurrencies. The upcoming Ethereum Merge is set to revolutionize its consensus model, igniting discussions about decentralization and environmental impact. Meanwhile, startups like Gotham Greens and Diveplane secure significant funding, showcasing innovation in urban agriculture and synthetic data. With concerns about TikTok and Amazon's massive content budget, the landscape of tech investment appears as dynamic as ever. Get ready for the changes in the crypto and startup worlds!
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insights INSIGHT
Market Overview
Global stock markets and major cryptos are showing positive gains.
The crypto market cap is back above $1 trillion.
insights INSIGHT
Ethereum Merge Significance
The upcoming Ethereum Merge is a significant event for the crypto world.
It involves switching from proof-of-work to proof-of-stake.
insights INSIGHT
Gotham Greens Funding
Gotham Greens raised $310 million in Series E funding.
The company focuses on building indoor, urban farms to lower the carbon footprint of vegetables.
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Stocks are higher around the world, while major cryptos have risen sharply in the last week.
The Ethereum update known as the 'Merge' is just around the corner. The change in consensus model at ETH is a big darn deal. How the tech change goes, and what the market reaction is to it, will be key events this week.
And speaking of crypto, the SEC is getting even busier in its efforts to have more oversight of the space.
From the startup front, Gotham Greensand Diveplane both raised money, $310 million and $25 million respectively. Each are a part of neat, growing sectors in startup-land, making their fundraising a bit more impactful than individual rounds tend to be.
We are back Wednesday, and our Friday show will be taped live on Thursday!
Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us onApple Podcasts,Overcast,Spotifyand all the casts.
Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
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