2023-4-13 14:11 |
Their thinking is contrary to other market observers, who believe a mass-sell-off following the “hard fork” will send prices downward. origin »
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Drop comes as the number of staked ether has surged.
Ethereum's Shapella upgrade has come and gone, leaving a trail of shifting dynamics in its wake. With over 2. 83 million staked ETH withdrawn and Ethereum's balance on centralized exchanges at a five-year low, the market's reaction is fascinating.
CoinDesk set up its own Ethereum validator, fondly nicknamed “Zelda,” in 2020 to witness firsthand the blockchain’s landmark shift to an energy-efficient proof-of-stake consensus mechanism from its original proof-of-work – the same one used by Bitcoin.
CoinDesk set up its own Ethereum validator, fondly nicknamed “Zelda,” in 2020 to witness firsthand the blockchain’s landmark shift to an energy-efficient proof-of-stake consensus mechanism from its original proof-of-work – the same one used by Bitcoin.
Some traders are restaking the ether withdrawn since the Shapella upgrade, quashing bearish price forecasts.
Coinspeaker Ethereum Breaches $2,100 Following Shapella Upgrade Gemini co-founder Cameron Winklevoss commented on the upgrade, calling it “an incredible milestone” for Ethereum. Ethereum Breaches $2,100 Following Shapella Upgrade
Bitcoin’s percentage of the total cryptocurrency market retreated by nearly 1% on April 14, while Ether gained just over 1.1%.