expand/collapse risk warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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. 73% 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.

73% of retail investor accounts lose money when trading CFDs with this provider.

Market Insights

Betting on the next King of 'money'

Ethereum. ETH. Logo and ether coins. 3D render. Crypto. Background

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

Bitcoin mining has a large carbon footprint

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)

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

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