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TipRanks 2022-09-16 20:09:38

What Does the Ethereum Merge Mean for Coinbase and Nvidia?

The most awaited upgrade in the crypto world— the Ethereum (ETH-USD) Merge— is finally over. Discussions on the Merge have been going on for a number of years without any success up until now. Now that the Bellatrix update has finally paved the way for the elusive Ethereum 2.0, cryptocurrency trading platforms like Coinbase (NASDAQ:COIN) are poised to gain. However, the same cannot be said about crypto-mining GPU provider Nvidia (NASDAQ:NVDA). However, before we begin to understand the implications of the Merge on the two stocks, it will be a good idea to get some background information first.

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