While it may cause downside pressure in the short run, the Shanghai upgrade will be extremely bullish for Ether’s price in the mid-to-long term, according to Vivek Raman.
What will be the outcome of the Ethereum Shanghai upgrade?
Join us as we discuss the potential outcomes of the upcoming Ethereum Shanghai upgrade and other important developments in DeFi.
Ethereum price turns bullish ahead of next week’s Shanghai and Capella upgrades
ETH price found news bullish momentum as traders gear up for next week’s major network upgrades.
LayerZero raises $120M to expand cross-chain messaging efforts
The new funds will be used to increase headcount and expand the company’s presence in the Asia-Pacific region.
73.3% of Q1 rug pulls happened on BNB Chain: Immunefi
Rug pulls and other frauds made up a small percentage of losses compared to hacks and exploits, the report stated.
Satellite orbiting Earth participates in the Ethereum KZG ceremony
The blockchain-powered satellite Cryptosat will be the contributor of the thousands that have already participated in the Ethereum KZG ceremony to do so from outer space.
INX security token platform gets its first token from a public company, Greenbriar
INX security tokens exist on Ethereum and use the ERC-1404 standard.
How Advisors Can Prepare for Ethereum’s Unlock
Ethereum’s Shanghai upgrade will unlock ether that has been staked since the Merge, potentially leading to selling pressure that market participants could ride out or take advantage of.
Euler Finance exploiter returns another $37.1M worth of ETH and DAI
The exploiter originally drained $195 million worth of ETH and tokens from the protocol but has now returned around $138 million.
Ethereum Shapella upgrade gets new date, making way for un-staking ETH
The upgrade is only for the Sepolia network and a subsequent upgrade for Goerli network would be introduced in March.
Ethereum supply plunges 37% on crypto exchanges post the Merge upgrade
Just weeks before the Shanghai upgrade, the decline in exchange supply is being seen as a bullish sign.
Ethereum devs create ‘shadow fork’ to test conditions for Ether withdrawals
Developers are attempting to attack the forked testnet with malicious nodes to see if they can find vulnerabilities.
How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains
Some crypto tokens will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to CIO at Arca Jeff Dorman.
Bitcoin vs Ethereum: Community split between capped supply and deflationary model
Bitcoin proponents argued that Ether’s monetary policy has changed at least seven times while BTC has seen zero changes.
Crypto adoption in 2022: What events moved the industry forward?
While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level.
Ethereum founder says he hopes Solana gets a ‘chance to thrive’
Vitalik Buterin says that “smart people” have told him Solana has an “earnest” developer community.
Dogecoin devs deny rumor of immediate PoS switch following community concern
The denial was made after critics said the team was going to “kill scrypt miners.”
BNB Chain now has more unique addresses than Ethereum, developer says
Despite this growth, BNB Chain still has far less unique addresses than Bitcoin.
US regulator seeks feedback on DeFi’s impact on financial crime: Finance Redefined
US regulators want to know from the industry on what they think about the financial crimes associated with DeFi.
Ethereum developers decided on eight proposals for the Shanghai update
Among the main features of the Shanghai hard fork is Beacon Chain staked Ether (ETH) will be unlocked.