Selling Pressure After Shanghai Upgrade Likely to Not Impact ETH’s Price: Report
Glassnode said it expects just 170,000 ETH ($321 million) to be sold after the Shanghai upgrade goes live.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
The number of active ether futures contracts trading on the Chicago Mercantile Exchange (CME) has increased by 39% since April 10.
Glassnode said it expects just 170,000 ETH ($321 million) to be sold after the Shanghai upgrade goes live.
With less than 24 hours until “Shapella” Ethereum is hovering just below $1,900.
Bitcoin continues to lead digital asset fund flows, registering $56 million in inflows last week.
Ether stake withdrawals about to break the last uncertainty wall on Ethereum.
Magic Eden will launch its ETH marketplace on Thursday, April 6th.
Ethereum’s core devs confirmed that the “Shapella” upgrade will go live at network epoch 194,048.
Shapella is poised to lift major psychological burden from Ethereum investors.
DefiLlama developers claim the owner of the project's domain single-handedly decided to launch a token.
While Coinbase stated users need not unstake their ETH, the exchange will start processing such requests 24 hours after the Shanghai-Capella upgrade.
The day of the first hearing of the Subcommittee on Digital Assets saw the crypto markets drop significantly with Bitcoin falling to its 7-week low.
According to the lawsuit, ETH, LUNA, and UST are commodities and securities, but KuCoin Earn is just a securities offering.
According to CFTC’s Rostin Behnam, Ethereum and stablecoins are commodities.