Chinese city implements plan for blockchain digital infrastructure system by 2025

The government of Shanghai has implemented its strategic plan for the development of its urban blockchain digital infrastructure system between the years 2023-2025.

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Unveiling Ethereum’s Potential Catalysts For A Price Surge beyond $2,000

Over the past few days, Ethereum, the second-largest cryptocurrency, has been experiencing a tug-of-war between its bulls and bears. However, the bulls seem determined to make significant gains and surpass the major resistance level of $2000, while the bears are putting up a tough fight and driving down the price. Nevertheless, there has been a […]

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Ethereum Poised To Breach $2,000 Ceiling In Coming Months – Here’s Why

The second biggest cryptocurrency, Ethereum, has been generating buzz in the past few days as the market rebounded. At the time of writing, the global cryptocurrency market is up 2%, according to CoinGecko’s latest data. This has presented a bullish signal for investors, which is certainly the reason for Ethereum’s recent price ascent. The latest [...]

The post Ethereum Poised To Breach $2,000 Ceiling In Coming Months – Here’s Why appeared first on Crypto Breaking News.

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Ethereum Staking Hits ATH of 25.8M ETH Post-Shanghai Upgrade

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Shanghai Upgrade date confirmed: What to expect for ETH and Crypto Holders?

The Shanghai Update has been the talk of the town for a while now. So far around 17.9 million ETH which is worth approximately 32 billion US dollars has been staked. There is definitely a lot of excitement around this upgrade, which has increased significantly since the date of its launch was finally revealed. In […]

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Ethereum Shanghai Update Gives Native Tokens A Boost In Price

After several postponements, a date has finally been set for the Ethereum Shanghai upgrade, which will allow for the withdrawal of staked ETH on several platforms. According to the Ethereum Foundation’s latest note, the Shanghai upgrade is set to be activated by 6:30 pm UTC on April 12, 2023. This latest update on the Shanghai [...]

The post Ethereum Shanghai Update Gives Native Tokens A Boost In Price appeared first on Crypto Breaking News.

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Shanghai Clearing House Introduces Support for Digital Yuan Settlements

The Shanghai Clearing House, Asia’s first counterparty clearing institution, announced support for payments made with the digital yuan Monday. According to reports, the move will allow companies to settle transactions for commodities in bulk, promoting the digital yuan, the Chinese central bank digital currency (CBDC), in international markets. Shanghai Clearing House to Support Digital Yuan

The post Shanghai Clearing House Introduces Support for Digital Yuan Settlements appeared first on BTC Ethereum Crypto Currency Blog.

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Hong Kong crypto firms seeing interest from Chinese banks: Report

Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland.

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Ethereum’s Shanghai Delivers Record-Breaking Staked Ether Of Over 1B

On April 12, Ethereum’s Shanghai upgrade was successfully implemented allowing the withdrawal of staked ETH and effectively finalizing the network’s years-long transition to proof of stake.  The network achieved another milestone as the upgrade catalyzed a record-breaking weekly inflow of ETH [ether] deposits for staking, primarily driven by institutional staking service providers and investors reinvested profits […]

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Ethereum Dev Gear Up For Shanghai/Capella Upgrade & Increased Bug Bounty

The Ethereum Foundation has announced the final releases of client upgrades ahead of the upcoming Shanghai/Capella upgrade on Ethereum mainnet, scheduled for April 12th.  The All Core Developers Consensus (ACDC) call was chaired by Ethereum Foundation researcher Alex Stokes, who kicked off the meeting with updates from representatives of Ethereum client teams, who gave updates […]

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Ethereum CEX Deposits Hit Two-Month High Amid Price Slump

Ethereum (ETH), the­ second-largest cryptocurrency by market capitalization, has experie­nced a significant increase in de­posits on centralized exchange­s (CEX) over the past two months, with $383 million of Ethe­reum (ETH) deposited into the­se cryptocurrency exchange­s, according to data from IntoTheBlock. One of the­ largest deposits came from a single­ address, about 61,216 ETH since­ the […]

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News Bit: Ethereum Price Update: Ether Loses Shanghai Gains as Bitcoin Slumps 10%

Ether erases gains from Shanghai upgrade as Bitcoin faces a 10% drop in a week. Discover the factors behind these price movements.

The post News Bit: Ethereum Price Update: Ether Loses Shanghai Gains as Bitcoin Slumps 10% appeared first on BitPinas.

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China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

Shanghai has taken a significant step in the realm of metaverse tourism with the release of the "Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)". The plan, unveiled by the Shanghai Municipal Bureau of Culture and Tourism, outlines the city's strategic focus on five key areas to propel the development of metaverse tourism in the coming years. (Read More)

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Next stop Shanghai — Ethereum’s latest milestone approaches

The Ethereum ecosystem is edging closer to its latest milestone as the Shanghai upgrade draws near.

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Mt. Gox Bitcoin Release Date Set to March 10: Is BTC going below 20000?

Mt. Gox, the defunct crypto exchange, is set to begin the distribution of funds to its creditors on March 10. The deadline for repayments has been set for September 30 by the business’s Japanese bankruptcy trustee, Nobuaki Kobayashi. To receive their repayments, creditors must select a repayment method, register payee information online, and indicate how […]

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Ethereum eyes 25% correction in March but ETH price bulls have a silver lining

The Ethereum market has grown cautious around the long-awaited Shanghai upgrade, which will unlock 17.4 million ETH into circulation.

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Ethereum testnet successfully forks in Shanghai upgrade rehearsal

As Ethereum’s Shanghai upgrade approaches next month, the network’s Sepolia testnet has successfully upgraded, simulating the scheduled hard fork.

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Ethereum Developers Discuss Successful Testing Progress For Shanghai & Capella Upgrades

Ethereum developers recently held their 103rd All Core Developers Consensus call, discussing testing progress for the upcoming Shanghai and Capella upgrade.  The testing included new software, such as the MEV-Boost, builder, and relay software, on test networks where the Shanghai upgrade had been activated, such as the Zhejiang testnet and Devnet 7. These tests have been […]

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Ethereum Is Back Above $1,600 As Countdown To Shanghai Upgrade Continues: Is $2,000 Underway?

Ethereum (ETH) has been on an uptrend since late November, consolidating within a bullish technical formation. The competitive price action between bulls and bears has [...]

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A Final Date is Set for the Ethereum Shanghai/Capella upgrade by the Developers

The Ethereum blockchain’s core developers have set the launch date of the Ethereum Shanghai/Capella upgrade on the Sepolia test network.  What: The Ethereum blockchain’s core [...]

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