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. Source
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Ether
Lido Stakers Can Expect Ether Withdrawals ‘No Sooner Than Early May’
Lido is the largest decentralized finance protocol with $11.2 billion in total value locked, according to crypto stats website DefiLlama. The price of LDO, Lido’s governance token, currently sits at $2.50, down 6% in the past 24 hours, per CoinGecko. Original Source
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High Ether Yields Drive $50M to DeFi Protocol Pendle Finance
Pendle uses a dual-token model that breaks up and represents any investment into a decentralized finance (DeFi) protocol, such as Compound or Aave, into two parts: one, the initial principle put up by an investor, and two, the future yield expected to be earned on that position in the form
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Ether Circles Above $1.9K as Shanghai Hard Fork Nears
Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000. Source
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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 CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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Bitcoin whales push ‘choreographed’ BTC price as Ether nears $2K
Bitcoin (BTC) headed back toward $29,000 into April 5 as data showed whale orders guiding price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis: BTC price push still "bear market rally"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $28,780 on Bitstamp.The pair continued a rebound from one-week
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Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
The 1 million instantly withdrawable ether has become a point of concern for the market. Source
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Ether Breaking Out Ahead of Ethereum’s Shanghai Upgrade: Bernstein
However, as the upgrade approaches there will be an “increased realization” that nearly 70% of staked ether is via liquid staking protocols such as Lido and they allowed investors to sell their stETH regardless, “so liquidity for 70% of staked ETH is now new, they could do it anyway,” the
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Ether Jumps to Nine-Month High Ahead of Shapella, Liquid Staking Tokens Jump
“Allowing withdrawals, boosted by the recent popularity of liquid staking platforms, will make ETH staking much more accessible to retail investors who were previously unwilling to stake ETH for an undetermined amount of time,” said Chen Zhuling, CEO at staking service RockX, in a note to CryptoX. Source
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Ether Rallies to 8-Month High, Gains Ground Against Bitcoin
"ETH looks to regain ground against BTC as part of a broader capital rotation play," one observer said. Source
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