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Expert Claims Proposed BRICS Common Currency Poised to Undermine US Dollar Dominance
20.5.2023
A recent report from China’s Global Times reveals that Zhou Yu, an international finance research director at the Shanghai Academy of Social Sciences, believes that the proposed BRICS cross-border currency is a significant step in challenging the dominance of the U.S. dollar. Zhou asserts...
Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen
10.5.2023
The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals
Ethereum to follow the Paris and Shanghai Upgrade with Cancun
10.5.2023
Ethereum recently talked about its focus shifting to the upcoming Cancun upgrade. The network has taken enough time to recover from the Shapella upgrade and is ready to progress. The latest bi-weekly developer call concluded with a consensus about the Dencun (Cancun-Deneb) upgrade. According to...
Upgrade to Bring Bitcoin Cash Smart Contracts, Ted Cruz on BTC, Global De-Dollarization Efforts — Week in Review
7.5.2023
Software developer Jason Dreyzehner says smart contracts “comparable to Ethereum,” but remarkably more efficient will be made possible by the May 15 upgrade coming to the Bitcoin Cash network. In other news, the world’s largest regional organization, the Shanghai Cooperation...
Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says
6.5.2023
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat also discussed the similar initiative within...
Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows
4.5.2023
Ethereum’s Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido
CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days
3.5.2023
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
World’s Largest Regional Organization to Switch to Settlements in National Currencies
29.4.2023
A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation...
Ethereum Shanghai Upgrade Brings Record Inflow of 572k ETH Staked in a Week
25.4.2023
The influx into ETH staking was mainly driven by deposits from institutional staking platforms and reinvesting rewards, crypto analysts said
Ether Erases All Gains From Shanghai Rally as Bitcoin, Crypto Prices Fall
21.4.2023
The second largest cryptocurrency by market capitalization has dropped to its lowest since April 9, CoinDesk data shows
Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking
21.4.2023
Largest staking platforms for institutional investors recorded three times more new deposits than last month, early data shows
Total Value on Liquid Staking Platform Agility Soars to $467M Following Ethereum Shapella
20.4.2023
Despite Agility’s total valued locked increasing more than 643% to $467 million in the past seven days, CoinGecko and CoinMarketCap have expressed cautionary warnings about AGI developers having the ability to mint new tokens
CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait for Money Back
19.4.2023
CoinDesk set up its own Ethereum validator, fondly nicknamed “Zelda,” in 2020 to witness firsthand the blockchain’s landmark shift to an energy-efficient proof-of-stake consensus mechanism from its original proof-of-work – the same one used by Bitcoin
Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade
18.4.2023
On Monday, the decentralized Ethereum-based staking protocol deployed Atlas granted users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator
Ethereum Unstaking Requests Now Face About a 17-Day Wait
18.4.2023
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
ETH staking passes withdrawals for the first time after Shapella upgrade
18.4.2023
Over 1 million ETH has been withdrawn since the Shapella hard fork on April 12. However, a significant chunk of addresses has gone back to re-staking their ETH
Exchanges Receive $375M Influx of Ether Since Shanghai Upgrade as Price Hits 11-Month High
17.4.2023
Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 has led ETH’s price to rally above $2,100, the highest since May 2022
Ether’s Strong Price Action May Continue Until the End of the Month: Coinbase
17.4.2023
The price of ether (ETH) has been resilient following the Shanghai Fork (aka Shappela) last week, Coinbase (COIN) said in a research report Friday
Here's Why Ethereum Price Can Reach $5k in 2023, and Love Hate Inu Will Raise $10 Million
15.4.2023
The primary token in the world’s largest smart contract ecosystem, Ethereum has topped $2,100 for the first time since May. Ethereum price blasted through resistance at $2,000 following a successful Shapella upgrade, previously referred to as Shanghai, on April 12.
Both Bitcoin and Ethereum have...
Ethereum Shorts Obliterated as ETH Price Crashes Through $2,100 – Where Next for the ETH Price?
15.4.2023
Ether (ETH) future short positions have been wiped out on mass in the last two days, as the world’s second-largest cryptocurrency by market capitalization defied the bears and rallied in wake of Wednesday’s highly anticipated series of upgrades to the Ethereum blockchain.
ETH surged above $2,100...