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Shanghai

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02 May 23

Where is Ethereum headed after Shanghai update?

The Ethereum network has continuously evolved during the past few years, and the recent successful completion of the Shanghai upgrade has boosted optimism within the community. However, the Federal Reserve’s upcoming meeting and a potential interest rate hike may affect the ETH price. The Ethereum (ETH) network has experienced a series of significant upgrades and […]
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17 Apr 23

evaluating Shanghai influence on markets

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied With its recent highs fueled by the Shanghai upgrade, Ethereum’s (ETH) price hovers around the $2,100 mark. As of April 17, ETH was trading at $2,070, down from its 90-day high of $2,137 achieved on April 16. ETH 24-hour price chart […]
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16 Apr 23

Bitcoin breaks $30,000 as ethereum hits $2k after Shanghai, global crypto adoption rising

This week was mostly bullish for crypto assets, particularly considering the stellar performance of top virtual currencies. The successful implementation of the Shanghai upgrade on Ethereum saw ETH, the native currency of the smart contracting network, push above $2,000 for the first time in 2023. Meanwhile, bitcoin (BTC) broke above $30,000 as bulls extended gains. […]
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whale moves
13 Apr 23

Whales selling altcoins as Ethereum Shanghai upgrade nears

Whales are selling altcoins as fear-mongering continues in the Ethereum (ETH) community, with many expecting a possible market crash. As the Ethereum Shanghai upgrade draws near, the community and major stakeholders in the crypto landscape are acting in preparation. Lookonchain recently highlighted the actions of Blockchain Capital, a major crypto whale. Blockchain Capital disposed of […]
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12 Apr 23

Ethereum’s price expectations amid Shanghai upgrade

Ethereum (ETH), the second-largest cryptocurrency by market cap, experienced considerable price fluctuations in April, with the price sitting at $1,871 as of April 12, reflecting a 2.5% decline in the last 24 hours.  Meanwhile, Ethereum’s highly anticipated Shanghai hard fork, scheduled for today, April 12, will enable withdrawals of staked ETH, raising concerns about potential […]
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