Ethereum Watch

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH has been rejected at $1,743 and faces OB at a 78.6% Fib level. Fluctuating open interest (OI) could keep the above challenge going. After the release of US CPI, investors’ risk-on approach […]

The Shapella hard fork will activate on the Sepolia testnet at 4 p.m. UTC on Feb. 28, 2023, to test validator staking withdrawals as tests continue on the previous Zheijang testnet. Advertisements According to the Ethereum Foundation, the Shapella hard fork, a combination of Shanghai and Capella execution and consensus layer forks, will go live […]

Advertisements Summary: Ethereum developers plan to trial the Shanghai-Capella upgrade on the Sepolia testnet. Developers scheduled the update to test staked ETH withdrawals by upgrading the execution layer with Shanghai and the consensus layer with Capella. Shapella as it’s called was already tested on the Zhejiang testnet and developers discovered minor bugs to thrash out. […]

Advertisements The upgrade is only for the Sepolia network, with a subsequent upgrade for the Goerli network to be introduced in March. Ethereum core developer Tim Beiko announced the Shapella upgrade is scheduled for Feb. 28. The Shapella network upgrade will activate on the Sepolia network at epoch 56832. Shanghai and Capella (Shapella) are the upcoming […]

Ethereum price failed to clear the $1,720 resistance against the US Dollar. ETH corrected lower and remains at a risk of more losses below $1,620. Advertisements Ethereum is now showing a few bearish signs below $1,720 and $1,740. The price is trading below $1,680 and the 100 hourly simple moving average. There was a break […]