It’s the time of big changes in the blockchain space. After Ethereum successfully mastered the switch from proof-of-work to proof-of-stake last week, a new era is now also dawning for the competition. Because the long-awaited and often postponed Vasil Hardfork at Cardano is coming up.
Hard fork heralds a new era
The update promises better scaling of the blockchain and will initially primarily benefit developers. Because from September 27th, new developer tools will be activated, which will open the door to the development of DeFi applications, for example for lending on the Cardano blockchain. Another buzzword that should not be missing in connection with Vasil is interoperability.
Price Prediction for ADA
In today’s episode of the BTC-ECHO Invest Podcast, BTC-ECHO market experts Stefan Lübeck and Jan Heinrich Meyer discuss what the technical innovations mean for the development of the ADA course and what investors can expect.
reasons for the crash
In addition, Stefan and Jan discuss the reasons for the Bitcoin price slide in the past week. Spoiler: It’s all about the CPI (US Consumer Price Index) and the development of the dollar base rate, which will be announced by the Fed on September 21st.
Bitcoin and Ethereum price analysis
Last but not least, the two take a look at the bullish and bearish price targets of Bitcoin and Ethereum for the next seven days.