The price of ether (ETH) has been resilient following the Shanghai Fork (aka Shappela) last week, Coinbase (COIN) said in a research report Friday.
Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...
The price of ether (ETH) has been resilient following the Ethereum blockchain's Shanghai upgrade (aka Shappela) last week, crypto exchange Coinbase (COIN) said in a research report Friday.
The successful upgrade supported better-than-expected ether price action, which Coinbase says could continue through the end of April. The upgrade allows validators to withdraw staked ether that have been locked up and to claim rewards.
Within the first 24 hours of withdrawals being enabled, ether's supply has been limited for a few reasons, the report said.
Source : [Ether’s Strong Price Action May Continue Until the End of the Month: Coinbase](www.coindesk.com/markets/2023/04/17/ethers-strong-price-action-may-continue-until-the-end-of-the-month-coinbase/?utm_medium=referral&utm_source=feedly&utm_campaign=headlines) by Will Canny - 2KCoinDesk by Will Canny / April 17, 2023