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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

80% of retail investor accounts lose money when trading CFDs with this provider.

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Skilling Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license No. 357/18

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Skilling (Seychelles) Ltd, is authorized and regulated by the Financial Services Authority (FSA) under license No. SD042

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Market Insights

Betting on the next King of 'money'

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Will the prospect of reduced energy to mine ETH be enough to topple Bitcoin?

Energy use is a big issue when it comes to Crypto mining, so will Ethereum’s merger event be the catalyst for sweeping changes across the Crypto mining world?

The ETH Merge and what’s known so far about energy consumption:

  • Ethereum's energy consumption will be reduced by -99.95% following the merger from proof-of-work (PoW) to proof-of-stake (PoS)
  • After the Merge, Ethereum will use dramatically less carbon

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Bitcoin mining has a large carbon footprint

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Side by side price comparison

Ethereum Bitcoin
Last 1,592.50 20,245
3-Month %Change 31.34% -8.97%
5-Day %Change 2.51% 7.27%
1-Month %Change -16.56% -16.39%
6-Month %Change -50.44% -55.44%

It’s clear that ETH has outperformed Bitcoin during the previous 3 months

Digital Currency Ethereum (Daily chart over 3 ½ month period)

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Bitcoin / U.S. Dollar (Daily chart over 3 ½ month period)

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Not investment advice. Past performance is not indicative of future results. Trading cryptocurrency may not be available depending on your country of residence.

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This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

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Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue