Ethereum

Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person


Finance

Ether Trades Flat After Ethereum Shanghai Upgrade

Analysts had been divided on how prices might react.

ETH price chart (CoinDesk and highcharts.com)

Tech

Ethereum’s Shanghai Upgrade Is Complete, Starting New Era of Staking Withdrawals

The upgrade on the blockchain, also known as "Shapella," was triggered at 22:27 UTC, and the network is now processing withdrawal requests.

(DALL-E/CoinDesk)

Tech

Ethereum Shanghai Upgrade Will Be a ‘Game Changer’ for ETH Token Holders, RockX CEO Says

The growing prevalence of staking could help establish benchmark interest rates for blockchain-based money markets, Zhuling Chen said.

(Midjourney/CoinDesk)

Tech

Only a Tiny Amount of ETH Is Poised to Be Withdrawn After Ethereum Shanghai Upgrade, Nansen Says

Less than 1% of previously staked ETH is in the queue waiting to be withdrawn.

(Dall-E/CoinDesk)

Opinion

Everything You Need to Know About Ethereum's Big Upgrade

A rundown of CoinDesk's coverage of the biggest crypto update since the Merge.

(Milad Fakurian/Unsplash, modified by CoinDesk)

Tech

LIVE BLOG: Ethereum's Shanghai Upgrade

CoinDesk reporters and editors chronicle the first-ever activation of withdrawals from the Ethereum staking mechanism, set for Wednesday at 6:27 p.m. ET (22:27 UTC). We've got the play-by-play on Shanghai – also known as "Shapella" – from what we're seeing on the blockchain and at the watch parties.

Crowds walk below neon signs on Nanjing Road, Shanghai, China. (Getty Images)

Videos

Institutional Investors Eye Ethereum's Shanghai Upgrade

RockX co-founder and CEO Zhuling Chen discusses institutional interest in Ethereum's "Shapella" upgrade, scheduled to take place April 12. "A lot of institutions are taking this event as a trust vote," he said. BTCS Inc. CEO Charles Allen also joins the conversation.

Recent Videos

Videos

Casa CEO on Self-Custody in Wake of FTX Collapse

As conversations revolving around self-custody remain at the forefront in the wake of crypto exchange FTX's collapse, Nick Neuman, CEO of the bitcoin self-custody firm Casa, discusses the importance of securing and owning your crypto. Plus, his take on what to expect from Ethereum's Shanghai upgrade.

Recent Videos

Videos

Ethereum’s Shanghai Update Nears

The Ethereum blockchain's highly-anticipated Shanghai upgrade, also known as "Shapella," is imminent, and some say the event could be a catalyst for liquid staking among institutional investors. BTCS Inc. CEO Charles Allen and Zhuling Chen, RockX co-founder and CEO, discuss their outlook for Shapella and the broader Ethereum ecosystem.

CoinDesk placeholder image

Markets

Crypto Analysts Split on Ether Market Trends After Ethereum’s Shanghai Upgrade

Some analysts expect ether's price to drop after the upgrade but others believe an uptick in selling pressure is already baked in and that the market will bounce after the event in a "buy the news" move.

Shanghai (Unsplash)