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Glassnode Estimates $300M Ether May be Sold After Shanghai Upgrade
Two major Ethereum network upgrades that are expected to occur simultaneously on April 12 will allow investors to withdraw their ether staked on the Ethereum blockchain.
As Bitcoin Open Interest Surges to Highest Level Since FTX Crash Trading Firm Sees Bullish Signs
Bitcoin open interest across crypto derivative exchanges has surged to $10 billion, a five-month high after leveraged subsided in the wake of FTX's collapse in November.
Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation
Developers and crypto market analysts are getting in their final words before staked ETH withdrawals are activated.
Here is What Institutions Are Saying About Ethereum’s Shanghai Upgrade
Analysts differ on the amount of ether (ETH) selling pressure that could result from the Ethereum blockchain’s Shanghai upgrade, scheduled for later today. The Shanghai upgrade (aka Shapella), will enable validators to withdraw staked ether…
Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12
The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator…
China’s ‘Credit Impulse’ Is Picking Up. Here’s Why It Matters to Bitcoin
Previous instances of renewed upticks in China's credit impulse portended major bullish trends in bitcoin.
U.S. Banking Crisis May be Vindication for Crypto Ecosystem: JPMorgan
Bitcoin rallied in tandem with gold as they are both viewed as hedges to a catastrophic scenario, the report said.
EU-Funded Report Calls for Crypto ID Checks, Police Training to Combat Darknet Markets
Law enforcement can learn how to track illicit activity, but outright crypto bans aren’t effective, a report commissioned by the EU's monitoring body for drugs concluded.
FTX Will Receive All of Ren Protocol’s Pegged Assets, Including Bitcoin and Dogecoin
FTX’s sister company Alameda Research had previously acquired Ren to provide long-term funding before shutting down.
Ethereum’s Shanghai Upgrade Only a Small Step Forward: Bank of America
The blockchain’s likely inability to increase throughput in the short term and increasing competition from alternative networks will constrain its adoption and usage, the report said.