Shanghai


Markets

Ethereum’s Shanghai Upgrade Has Been ‘Disappointing,’ JPMorgan Says

Daily transactions, daily active addresses and total value locked on Ethereum have all fallen since the upgrade, according to a report.

John Pierpont Morgan's firm says Ethereum's upgrade has been a disappointment (Library of Congress)

Policy

Team Behind Offshore Yuan, Hong Kong Dollar Stablecoins Detained by Chinese Police: Report

Earlier this year KuCoin closed a $10 million funding round into CNHC.

(chinahbzyg/Shutterstock)

Tech

CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days

It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days.

(Robert Daly/Getty Images)

Finance

Total Value on Liquid Staking Platform Agility Soars to $467M Following Ethereum Shapella Fork

Despite Agility’s total valued locked increasing more than 643% to $467 million in the past seven days, CoinGecko and CoinMarketCap are warning about AGI developers having the ability to mint new tokens.

(Murilo Viviani/Unsplash)

Tech

Ethereum Unstaking Requests Now Face About a 17-Day Wait

The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.

(Shutterstock)

Videos

Ether Holds Above $2K After Hitting 11-Month High

Ether is holding above $2,000 after it reached an 11-month high on Sunday of $2,141.  The cryptocurrency’s upward movement comes after the Ethereum blockchain's Shanghai software upgrade last week. K33 Senior Analyst Vetle Lunde weighs in and shares insights that shows signs of institutional interest in ether derivatives.

Recent Videos

Videos

Ethereum Unstaking Request Pile Up After Shanghai Upgrade: Rated

So many Ethereum validators have put in requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up over two weeks, according to the network explorer Rated. Galaxy Digital Vice President of Research Christine Kim breaks down the data.

Recent Videos

Videos

Over 1M Ether Withdrawn After Shanghai Upgrade: Beacon Chain Tracker Data

Beacon Chain tracker data shows ether (ETH) withdrawals crossed 1 million tokens even as prices touched an 11-month high following the successful Shanghai upgrade. Galaxy Digital Vice President of Research Christine Kim discusses the latest developments on the upgrade and reaction from the Ethereum community.

Recent Videos

Videos

Bitcoin Could Peak at $45K Next Month: K33 Research Analyst

Bitcoin (BTC) is closely following its early 2019 surge and prices could peak at around $45,000 next month, according to Vetle Lunde, a senior analyst at K33 Research. Lunde joins "First Mover" to discuss the parallels between BTC's early surge in 2019 and the token's recent rally. Plus, insights on ether's strong performance after the Shanghai upgrade.

CoinDesk placeholder image

Tech

Over 1M Ether Withdrawn After Shapella Fails to Dent Risk Appetite

Some traders are restaking the ether withdrawn since the Shapella upgrade, quashing bearish price forecasts.

(Micheile/Unsplash)

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