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.
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Bitcoin, Not Ether, Builds Crypto Market Dominance Ahead of Ethereum’s Shanghai Upgrade
Bitcoin’s dominance rate, or share of the total crypto market, has risen to its highest in almost two years while ether’s stagnates.
First Mover Americas: Ether Options Tilting Bearish
The latest price moves in bitcoin (BTC) and crypto markets in context for April 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?
BTC Edges Up. ALSO: CoinDesk Chief Content Officer ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital asset innovation and leadership away from the U.S.?
First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.
Ether Holds Near $1.9K as Shanghai Fork Approaches
ETH’s price slid 1.7% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is scheduled to occur April 12.
Ethereum’s Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
The 1 million instantly withdrawable ether has become a point of concern for the market.
Ether Rallies to 8-Month High, Gains Ground Against Bitcoin
“ETH looks to regain ground against BTC as part of a broader capital rotation play,” one observer said.
U.S. Futures Watchdog Issues Compliance Rule for Crypto Activities Among Members
In the absence of formal crypto rules from U.S. government agencies, the National Futures Association (NFA) is setting up standards for its members that deal in digital assets commodities.
First Mover Asia: Bitcoin Hovers Around $28,000
ALSO: A crypto investor, entrepreneur and market observer suggests that TradFi may be approaching a tipping point that benefits bitcoin, among other digital currencies, and could shift a large part of the crypto economy to Hong Kong.