JPMorgan Sees Coinbase Benefitting from Upcoming Ethereum Shanghai Update
JPMorgan believes as many as 95% of Coinbase Global’s retail customers will opt in for the staking service after the Shanghai update.
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JPMorgan believes as many as 95% of Coinbase Global’s retail customers will opt in for the staking service after the Shanghai update.
Many other notable digital currencies are currently seeing massive gains, bringing the crypto market a remarkable 1.7% increase on the day to surpass the $1 trillion mark.
Along with the Ethereum Trust, several other Grayscale products are trading at steep discounts recently as parent firm DCG is grappling with liquidity issues.
The Ethereum network has significantly benefited from the merge event, which reciprocated to higher on-chain activity on layer 2 protocols.
Soon after the announcement by the official Twitter account, Elon Musk retweeted the launch of this novel feature, claiming that this was one of the many product launches added to the Financial Twitter.
The exchange added support for Ethereum in April last year, stating that “Ethereum gives users a different chance to claim their stake in the crypto world.”
Payment facilitator Visa has posted a technical paper delineating plans to channel Ethereum functionality for customer auto payments.
When Blocknative completed the other part of the Series A investment in 2021, the CEO revealed plans to expand the team.
CSOP Asset Management’s Bitcoin and Ether ETFs has started trading on on the HKEX.
The newly-announced ConsenSys zkEVM project has already received over 150,000 signups so far and will admit external users next year.
Several major NFTs saw a surge in sales and transaction volumes yesterday, with at least one climbing over 1000%.
The major excitement around “Shanghai” is that this hardfork will allow investors to withdraw their ETH staked with validators.
Binance US may have established itself as an industry leader when it comes to low fees in crypto.
The Ethereum co-founder has heaped praises on the rise of decentralized blockchain identities, particularly within the ecosystem.
The markets, however, witnessed a significant sell-off due to the chaos created by the tweets regarding WETH’s insolvency.