Ether was over $2,100, as many investors opt for the prospect of additional liquidity while earning staking rewards over the desire to take immediate profits and run. Dexterity Capital managing partner Michael Safai shared his crypto markets analysis. Plus, Blockchain Association director of government relations Ron Hammond weighed in on the state of crypto regulation ahead of SEC chair Gary Gensler’s testimony before lawmakers next week. And TurboTax tax expert Lisa Greene-Lewis shared tips on what crypto investors need to know ahead of Tax Day. Source
Tag: Ether
Bitcoin Is the ‘Boring, Old Grandpa’ Right Now Compared to Ether: Dexterity Capital Manager Partner
“Bitcoin’s going to be the boring old grandpa right now in the room,” Safai told CoinDesk TV’s “First Mover” on Friday referring to why, during these uncertain economic times, bitcoin’s rally may be due to its simple, more familiar story. Original
Bitcoin BTC Price Holds Steady Near $30.5K, Ether ETH Price Circles Around $2.1K
“Ether and bitcoin have both seen upside follow-through after confirming base breakouts in late March, which are as positive intermediate-term developments on their charts,” Will Tamplin, senior analyst at technical research firm Fairlead Strategies, told CoinDesk in an email. Source
Crypto Exchange Bitrue Drained of $23M in Hack of Ether, Shiba Inu, Other Tokens
Bitrue said the affected wallet contained “less than 5%” of overall reserves. Source
Ether Options Trading Volume Surpasses Bitcoin As Shanghai Upgrade Drives Demand for Bullish Bets
Major exchanges, including industry leader Deribit, have seen ether options contracts worth $1.23 billion exchange hands in the past 24 hours. That is nearly 60% of the global crypto options activity and 50% more than bitcoin’s notional trading volume of $823.7 million, according to Swiss-based data tracking website Laevitas. Original
Ether, Dogecoin Lead Crypto Market Bounce; Lido’s Staked Ether Breaks Into Top Ten
Ether added over 10% in the past 24 hours, trading at 11-month highs above $2,120 during the Asian trading hours. Thursday’s Shapella upgrade ushered in a major development for the Ethereum network, allowing users to stake and unstake tokens from the network at will – improving the network’s overall outlook. Source BounceBreaksCryptoDogecoinEtherLeadLidosMarketStakedTenTop CryptoX Portal
Yearn's Staked Ether Token yETH Gets Mixed Results on Govenance Poll
The non-binding poll seeks to do a temperature check of sentiment toward launching yETH. Source
First Mover Asia: Ether Climbs Over $2.1K to Further Its Post Ethereum Shanghai Upgrade Surge
Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella’s immediate and potential long-term impact. Source
Ether Jumps Above $2K a Day After Ethereum Shanghai Upgrade
The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst. Source
Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6% – Bitcoin News
On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar within the past 24 hours. Staked Ether Can Now be Withdrawn Following the Network’s Shapella Upgrade Ethereum underwent a substantial update on April 12 when the Shapella hard fork launched, allowing validators to access their…