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Shanghai Upgrade

cryptocurrency March 17, 2023

Following the market bounce this week, Ethereum (ETH) has been one of the most profitable tokens with better market performances than most altcoins, including Cardano(ADA), Dogecoin (DOGE), and Solana (SOL). Advertisements The second-largest cryptocurrency by market cap began the week trading around the price region of $1,588 before rising by about 12% to almost hit […]

cryptocurrency March 8, 2023

Ethereum, the Layer 1 blockchain for most of the DeFi protocols available in the market, has seen drops both in metrics and in price since the start of the month. Advertisements According to CoinMarketCap, the price of Ethereum went down by 6% in the weekly timeframe, and trading at $1,554. Nansen.ai, on the other hand, […]

cryptocurrency March 6, 2023

ETH’s short-term recovery could depend on the USD and interest rates trend. Technical indicators suggest short-term consolidation. The first few days of March have failed to give Ethereum [ETH] holders a much-desired breather. Despite the reality of despair, any hope for respite could depend on one condition, according to Chris Burniske. Advertisements The ex-crypto investment […]

cryptocurrency March 2, 2023

Advertisements Summary: Ethereum developers agreed to test the Shanghai or Shapella update on Goerli on March 14. Goerli marks the largest and final public testnet to mimic withdrawals for staked Ether before the upgrade goes live on ETH’s mainnet. Developers hinted that the upgrade’s mainnet launch could happen slightly later than expected, in the second […]

cryptocurrency March 2, 2023

Ethereum stakers impacted positively after the merge. Addresses continued to hold their ETH as selling pressure reduced. According to a 1 March tweet by Messari, the Ethereum [ETH] merge had a huge impact on the state of stakers. Even though the prices of ETH took a hit, staking returns improved from 1% in Q3 to […]

cryptocurrency March 1, 2023

The Ethereum Sepolia Testnet was successful as validators geared up for the Shanghai Upgrade. The Georli Testnet is next but Vitalik said there is more work to be done. As the Shanghai Upgrade inched closer, Ethereum [ETH] developers successfully deployed the Sepolia Testnet on the blockchain. The Sepolia, the second Testnet, finalized its checkpoint at 56830 […]

cryptocurrency February 28, 2023

Advertisements Summary: Ethereum’s Shanghai upgrade meant to enable the withdrawal of staked ETH was successfully tested on Sepolia, a public testnet. The test simulated two crucial upgrades – Shanghai on the execution layer and Capella on the consensus layer. Developers will now test Shanghai-Capella or Shapella on a third public testnet before the mainnet update- […]

cryptocurrency February 22, 2023

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. […]

cryptocurrency February 21, 2023

Ethereum rose to $1,700 on February 17. Whale and shark address holding have not slowed down their accumulation. The price of Ethereum [ETH] reached $1,700 on 17 February after five months. Is this ascent an indicator of things to come? Or will the whale accumulation result in dumping before the Shanghai upgrade? Advertisements Read Ethereum’s […]

cryptocurrency January 25, 2023

There is no marked shift in the number of new addresses depositing the required 32 ETH, the minimum amount required to be deposited into the Beacon Chain for holders who wish to operate a validator node, into the official Beacon Chain Deposit Address ahead of the Shanghai Upgrade on Ethereum. Advertisements The Shanghai Upgrade is […]