After the Shanghai and Capella updates go live, ETH stakers will finally be able to withdraw their tokens. So what does that mean?
LIVE BLOG: Ethereum’s Shanghai Upgrade
CoinDesk reporters and editors chronicle the first-ever activation of withdrawals from the Ethereum staking mechanism, set for Wednesday at 6:27 p.m. ET ( Developers refer to the upgrade as “Shapella” since it includes the “Capella” changes to the blockchain’s consensus layer as well as “Shanghai” on the execution layer.
Crypto Analysts Split on Ether Market Trends After Ethereum’s Shanghai Upgrade
Their thinking is contrary to other market observers, who believe a mass-sell-off following the “hard fork” will send prices downward.
Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation
Developers and crypto market analysts are getting in their final words before staked ETH withdrawals are activated.
Ethereum’s Shanghai Upgrade Only a Small Step Forward: Bank of America
The blockchain’s likely inability to increase throughput in the short term and increasing competition from alternative networks will constrain its adoption and usage, the report said.
Less than 1% of staked ETH estimated to sell after Shanghai upgrade: Glassnode
The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position.
Ethereum’s Shanghai Upgrade: Here’s Our Guide to Watch Parties, Blockchain Tools
Various factions of the Ethereum community are planning watch parties to witness the first-ever withdrawals of staked ether, with the blockchain’s Shanghai upgrade (aka “Shapella”) set for Wednesday at 22:27 coordinated universal time (6:27 p.m. ET).
What’s Next After Ethereum’s Shanghai Upgrade?
Ethereum is expected to address the implementation of proto-danksharding in the months after Wednesday’s Shanghai upgrade (also referred to as “Shapella”), as well as other mechanisms that will make the blockchain more scalable. Last year saw the Merge. Now comes the Verge, Purge and Scourge.
Ethereum’s Shanghai Upgrade Will Permanently Alter ETH Economics
Bitcoin, Not Ether, Builds Crypto Market Dominance Ahead of Ethereum’s Shanghai Upgrade
Bitcoin’s dominance rate, or share of the total crypto market, has risen to its highest in almost two years while ether’s stagnates.
Ether Capital CEO: Shanghai Upgrade Likely to Be a ‘Non-Event’ on ETH’s Price
The upgrade may not shift the second largest cryptocurrency’s price immediately, but it may in time unlock a new group of investors, Brian Mosoff, said.
Ether Holds Near $1.9K as Shanghai Fork Approaches
ETH’s price slid 1.7% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is scheduled to occur April 12.
Ethereum’s Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says
Max Williams, chief operating officer at Runa Digital Assets, says secondary blockchains are “already trending well” and the upgrade will spur more activity.
Ethereum’s Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says
Max Williams, chief operating officer at Runa Digital Assets, says secondary blockchains are “already trending well” and the upgrade will spur more activity.
Lido Stakers Can Expect Ether Withdrawals ‘No Sooner Than Early May’
Lido needs to prepare the launch of its V2 testnet and finalize for the completion of several ongoing security audits of its V2 upgrade, before enabling withdrawals.
Ether Circles Above $1.9K as Shanghai Hard Fork Nears
Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.
First Mover Americas: Ether Rising Ahead of Upgrade
The latest price moves in bitcoin (BTC) and crypto markets in context for April 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ether Breaking Out Ahead of Ethereum’s Shanghai Upgrade: Bernstein
The rally in the price of ether is similar to the move seen before the blockchain’s last upgrade, the Merge, the report said.
Coinbase Ventures Joins Liquid Staking Protocol Rocket Pool’s Oracle DAO
The investment branch of Coinbase, one of the largest centralized exchanges, will receive a share of rewards dedicated to Rocket Pool’s Oracle DAO.
3 reasons why Ethereum price can reach $3K in Q2
Ethereum on-chain and technical indicators show a long-term bullish argument for ETH price in the near to medium terms.