Institutions Flock to Ether After Shapella Upgrade
Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market. Source
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Shapella
ETH staking passes withdrawals for the first time since Shapella upgrade
The Ethereum blockchain underwent a successful Shapella upgrade on April 12, allowing validators to withdraw their staked Ether (ETH) from the Beacon Chain after three years. After seeing over 1 million ETH in withdrawals in the first week, the amount of staked ETH has now surpassed the number of ETH
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Over 1M Ether Withdrawn After Shapella Fails to Dent Risk Appetite
Some addresses, such as "0x08De,” withdrew over 50,000 ether and deposited over 5,000 ether on crypto exchange Hubby's Ethereum staking tool. The remaining 45,000 ether was deposited on spot wallets, but data did not immediately suggest if 0x08De intended to sell the holdings. Source
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Shapella Upgrade Hits, Economist Predicts Biggest Crash ‘in Your Lifetime,’ US Bank Lending Plummets — Week in Review – The Weekly Bitcoin News
In crypto news this week, the Ethereum network’s long awaited Shapella upgrade took effect, unlocking staked ether. In the broader financial world, economist Harry Dent has predicted a massive crash to hit by mid-June, bank lending plummeted by a record $105 billion in two weeks, and the USD’s ability to
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Tim Beiko says Shapella upgrade excellent deal for staking
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tim Beiko was a guest on the podcast “Unchained” hosted by Laura Shin, where he highlighted the influence of the Shapella update for ethereum on the decentralization of the network and validator staking. Since validators can now
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Less than 1% of staked ETH estimated to be sold after Shapella: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The past week in DeFi was filled with anticipation leading up to the Shapella upgrade on the Ethereum mainnet. The hard fork was successfully completed
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Ethereum Breaches $2,100 Following Shapella Upgrade
Gemini co-founder Cameron Winklevoss commented on the upgrade, calling it “an incredible milestone” for Ethereum. Ethereum has breached the $2,000 barrier on the heels of the Shapella upgrade, the first major network upgrade since 2022’s Merge. The second-largest cryptocurrency is currently trading at $2,114, up 6.71% on the day and 13.96%
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Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6% – Bitcoin News
On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising
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ETH Hits $2,000 Following Shapella Upgrade – Market Updates Bitcoin News
Ethereum moved above $2,000 on Thursday, as markets continue to react to the successful Shanghai update. The upgrade, which is also known as “Shapella,” took place late last night, enabling withdrawals on the blockchain. Bitcoin remained above $28,000. Bitcoin Bitcoin (BTC) continued to trade above the $30,000 mark on Thursday, as crypto
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Ethereum’s Shapella hard fork executed on mainnet
The Shapella hard fork has officially been executed on the Ethereum Mainnet— meaning that Ethereum validators can finally withdraw their staked Ether (ETH) from the Beacon Chain.The long-awaited upgrade took effect at 10:27 PM UTC on April 12.Through Ethereum Investment Proposal EIP-4895, staked ETH was pushed from the Beacon Chain
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