According to reports, Shanghai Pudong Development Bank may acquire the China-based subsidiary of Silicon Valley Bank (SVB). Authorities in the Chinese city of Shanghai reportedly back the acquisition,...
Tag: Shanghai
Breaking: Shanghai upgrade executed on testnet but not without issues
Ethereum validators are now one step away from being able to unstake their Ether from the Beacon Chain The Shapella hard fork has been executed on the Goerli testnet — the last test run before Ethereu...
USDC, SVB saga fuels massive profits for Ethereum [ETH] as Shanghai looms
Ethereum’s profits rise as trading activity increases due to USDC and SVB saga Short sellers face the heat as their positions get liquidated The aftermath of the collapse of SVB and Signature bank has...
Ethereum: Shanghai withdrawals and recent updates for ETH holders
With Ethereum’s Shanghai upgrade, the $28 billion worth of staked ether will start to become available in a few weeks. Due to the high yield, around 17.5 million ETH have been invested in self-hosted ...
People & Policies Propel Markets Higher
China Last Night KraneShares Key News Asian equities were mixed as Mainland China and Hong Kong outperformed, Taiwan and South Korea posted small gains, while Japan, India and Thailand posted declines...
Ethereum limits full Shanghai withdrawals for 18 months
Within weeks, Ethereum’s Shanghai update will begin the process of unlocking 17.5 million staked ether (ETH) worth $28 billion. Unavailable for withdrawal and unable to be sold currently, this supply ...
China’s New Premier Shows Pro-Business Side And Vows To Support Private Economy
China’s Premier Li Qiang speaks during a press conference after the closing session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing on March 13, 2023. GR...
Ethereum (ETH) Price Prediction 2025-2030: Will Shanghai be the final catalyst for ETH?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Starting in 2022, when it transit...
From Shanghai to Mumbai, Tech Chiefs Race to Contain SVB Fallout
(Bloomberg) — Asia’s tech leaders, half a world away from the chaos that’s engulfed Silicon Valley, are scrambling to assess the potential ramifications for an industry that’s always relied heav...
Ethereum Shanghai upgrade could benefit liquid staking providers and cement ETH’s layer-1 dominance
Ethereum’s upcoming Shanghai upgrade will allow users to withdraw staked Ether (ETH), increasing the network’s liquidity and competitiveness while also boosting its staking ratio closer to its competi...
Next stop Shanghai — Ethereum’s latest milestone approaches
The Ethereum ecosystem will continue its ongoing metamorphosis as the highly anticipated Shanghai upgrade draws near. The latest preeminent smart contract blockchain protocol improvement will activate...
Nansen Report Highlights Optimism for Ethereum Ahead of Shanghai
Just 35% of ETH deposits are profitable ahead of Ethereum’s Shanghai upgrade. The majority of stakers have deposited ETH at rates greater than the current market price. The positive effects of Shangha...
Vitalik Buterin Dumps Memecoins Ahead of Ethereum Shanghai
Ethereum co-founder Vitalik Buterin is selling most shitcoins he held in his main wallet address. The coins Vitalik Buterin sold are getting rekt, similar to last time when shitcoins lost most value a...
Decoding Ethereum’s current state ahead of Shanghai upgrade
Many ETH traders exited their positions out of the volatility fear. Interestingly, the number of transactions on the network declined. Ethereum, in the last month, enjoyed a rally as its prices surged...
Here are ETH sell-off expectations ahead of the 2023 Shanghai upgrade – Cryptopolitan
According to the crypto analytics platform CryptoQuant, the profit and loss of staked Ethereum (ETH) suggest that there will be less selling pressure when the staked ETH tokens are released in the Sha...
ETH Falls By 0.70% As Shanghai Upgrade Gets Delayed
Ethereum Price Today: The market is trading in red today as Bitcoin, and Altcoins including Ethereum see a decline. As of writing, Bitcoin price has decreased by 0.28% in the last 24 hours. Ethereum p...
Silvergate concerns, Binance pursues growth amid FUD, Ethereum Shanghai update delayed
Over the past week, the crypto scene was proliferated with apprehensions as investors raised concerns regarding Silvergate’s financial stability amid signs of impending collapse. Similarly, Binance sa...
Just 16% of Ethereum Stakers Are in Profit Ahead of Shanghai Upgrade
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Ethereum’s Shanghai upgrade is just around the corner and that means users are starting to place their bets. All of the ...
Ethereum Testnet Successfully Upgrades for Upcoming Shanghai Hard Fork
The Ethereum community is eagerly awaiting the upcoming Shanghai hard fork, which is expected to take place on the mainnet in March. In preparation for this event, the Ethereum blockchain’s Sepo...
Ethereum Testnet Sepolia Successfully Conducts Rehearsal of Shanghai Hardfork
The developers will now conduct the Shanghai upgrade on the Goerli testnet in the coming weeks. This will be the final dress rehearsal before implementing the upgrade on the Ethereum mainnet. As the E...
Here’s why ETH’s underperformance is not linked to Shanghai
Analysts argued that the altcoin’s recent letdown could either be linked to the nearing Shanghai upgrade or not ETH may not rally in the short term as traders are torn between longs and shorts Accordi...
Ethereum Second Testnet Successfully Simulates Shanghai Hard Fork
Recently, the second Ethereum testnet successfully simulated the Shanghai hard fork. The Sepolia testnet finally successfully completed stake Ethereum (ETH) withdrawals. Meanwhile, there is one more t...
Second Testnet Successful For Shanghai Upgrade
The Ethereum network has successfully completed the second testnet, i.e., the Sepolia testnet, in preparation for the upcoming Shanghai upgrade. Sepolia Processes st-ETH Withdrawals The Sepolia testn...
ETH Drops Despite Shanghai Upgrade Development
Ethereum Price Today: The market is trading in red today, as most of the significant coins see a decline. Investors are currently exercising caution when it comes to investing in riskier assets, prima...
Ethereum testnet successfully forks in Shanghai upgrade rehearsal
The Ethereum blockchain’s Sepolia testnet has undergone a successful upgrade that simulates the upcoming Shanghai hard fork expected to take place on mainnet in March. The “Shapella” upgrade, which co...
Ethereum’s second testnet perfectly models the Shanghai Hard Fork – Cryptopolitan
Today, a second Ethereum test network (testnet) called Sepolia replicated successful withdrawals of staked ether (ETH), pushing the Ethereum blockchain closer to its much anticipated Shanghai Upgrade....
Ethereum Testnet Sepolia successfully replicate Shanghai upgrade
Sepolia, Ethereum’s second test network, successfully launched the withdrawal functionality of staked Ether (ETH) today. As a result, Ethereum comes closer to the anticipated Shanghai upgrade. This up...
Ethereum Is Back Above $1,600 As Countdown To Shanghai Upgrade Continues: Is $2,000 Underway?
Join Our Telegram channel to stay up to date on breaking news coverage Ethereum (ETH) has been on an uptrend since late November, consolidating within a bullish technical formation. The competitive pr...
Lido [LDO]: Ethereum’s Shanghai upgrade will impact the staking platform by…
The Shanghai Upgrade will be released in three days. As a result of the upgrade, LDO has seen a surge in staking. The coming week is extremely important for the Ethereum [ETH] community because the Sh...
Will Ethereum take a bullish turn with Shanghai Upgrade around the corner?
Ethereum’s development activity jumped sharply over the past week. The number of long positions for ETH increased substantially over the past two days. The Ethereum [ETH] community was upbeat about th...
What the Ethereum Shanghai Upgrade Will Mean for ETH Liquidity
It’s easy to think that launching Shanghai in the middle of a bear market could hurt the staking ecosystem. Stakers, skittish about the macro outlook of crypto in 2023, may choose to withdraw their ET...
Justin Sun Stakes Millions Worth ETH on Lido Ahead of Shanghai Upgrade
33 mins ago | 2 mins read Altcoin News Justin Sun staked over $240 million in ether (ETH) using the Lido platform. As the Shanghai upgrade approaches, the number of people staking Ethereum grows. Befo...