City Shanghai Financial News

19.02 / 17:41

UPS Ethereum ETH Twitter Binance coinbase Is Ethereum [ETH] setting up a big show ahead of Shanghai upgrade?

Ethereum’s [ETH] much-awaited Shanghai upgrade is around the corner, and investors are excited.

19.02 / 05:35

Blockchain ETH FIVE Yellow ETH tests 5-month high as whales retain this % of supply, more inside

The price of Ethereum [ETH] reached $1,700 on 17 February after five months. Is this ascent an indicator of things to come? Or will the whale accumulation result in dumping before the Shanghai upgrade?

17.02 / 21:05

markets Ethereum Binance defi Ether price Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade

The upcoming Ethereum Shanghai hard fork is slated to occur in March 2023, and the upgrade will cap off the network’s move to proof-of-stake (PoS), which started during the Merge on Sept. 15, 2022. Once Shanghai is implemented, previously locked Ether (ETH) will gradually become liquid for the first time since December 2020.

17.02 / 14:19

China Begins Hong Kong ‘Cross-Border’ Digital Yuan Pilot

Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong.

16.02 / 21:21

Ethereum Stablecoin Altcoin SEC Altcoin Watch Bitcoin Time $24K Bitcoin — Is it time to buy BTC and altcoins? Watch Market Talks live

In this week’s episode of Market Talks, Cointelegraph welcomes Michaël van de Poppe, a full-time day/swing trader in cryptocurrencies based at the Amsterdam Stock Exchange who’s interested in everything related to blockchain in combination with the current financial system. He is also the CEO and founder of Eight Global, a cryptocurrency education and consultancy platform.

15.02 / 21:03

markets Ethereum Altcoin Polygon Ethereum Price zkEVM Polygon ecosystem development and upcoming zkEVM launch add to MATIC’s bullish momentum

Matter Labs, the firm managing Polygon (MATIC), announced that the beta version of its zero-knowledge Ethereum Virtual Machine (zkEVM) would launch on March 27, 2023. It’s possible that Polygon will enjoy a first-mover advantage in this space by launching a public mainnet before zkSync and Scroll.

15.02 / 20:09

business Blockchain Conflux partners with China Telecom to develop blockchain SIM card

According to a Feb. 15 announcement, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, said that it secured a partnership with China Telecom to develop a blockchain SIM (BSIM) card. As told by Conflux, the BSIM will have a secure place to store digital private keys and will be to call upon the said signature to transfer money to other users. In addition, 'one-click direct check' functionality will allow users to check for transaction information and status progress in real-time.

15.02 / 14:35

Blockchain Provident Lowe's Digital Mobile Software network China Telecom and Conflux Network to pilot Blockchain enabled SIM card in Hong Kong

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

15.02 / 12:49

Ethereum Altcoin Ethereum 2.0 Ethereum Price Proof-of-stake Staking Ethereum supply plunges 37% on crypto exchange post the Merge upgrade

Ether (ETH), the second-largest cryptocurrency by market capitalization, has seen a constant decline in the exchange supply over the past six months post-Merge. Ethereum network went under a major network upgrade in September last year, moving from a proof-of-work (PoW) to a proof-of-stake (PoS) network and the event was called the Merge.

15.02 / 05:51

business Blockchain Ethereum Stablecoin regulation SEC us government Ethereum staking stake Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH

The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury.

15.02 / 00:33

markets Ethereum SEC Ether price Bitcoin Price Support Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish

The price of Ether (ETH) declined 10.2% between Jan. 8 and Jan. 10, and has since been range trading near the $1,500 level. More importantly, on a broader time frame, Ether is down 52.5% in twelve months, which partially explains why derivatives metrics were somewhat neutral after Ether’s failed attempt to break $1,700 on Feb. 8.

13.02 / 19:47

ETH SEC Action Kraken FUD for thought: Can Coinbase’s clarification help Ethereum stakers?

Coinbase, of late, has been found at the heart of the massive FUD surrounding the crypto market. The FUD was stirred due to SEC’s investigation into Coinbase’s rival firm, Kraken.

13.02 / 19:16

Blockchain UPS Ethereum Bitcoin Bitcoin Bull is Back With a 25% Jump

Well, that was quick. Less than two weeks after cryptocurrencies hit a nadir in the wake of the FTX collapse, Bitcoin has rallied 25% amid speculation the cryptocurrency selloff late last year was too much and too fast.

13.02 / 19:15

Fortinet Stocks making the biggest moves after hours: Chipotle, Enphase Energy, Fortinet and more

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13.02 / 19:11

Blockchain Ethereum ETH Platform Lido retains its spot as the leading DeFi protocol, the reason isn’t surprising

With a 16.77% market share of the $47.2 billion worth of crypto assets locked on several decentralized finance (DeFi) protocols, Lido Finance (Lido) retains its spot as the leading project with the highest total value locked (TVL).

11.02 / 01:01

Blockchain Adoption defi Uniswap Web3 community unites for Turkish–Syrian earthquake victims: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

11.02 / 01:01

Blockchain Ethereum Upgrade Proof-of-stake Staking Fork Ethereum's Shapella transition is "on the horizon"

The Ethereum Foundation team announced another milestone on the road to the Shanghai upgrade, with the Shapella fork on the Zhejiang testnet moving into the final pre-launch sequence, according to a blog post on Feb 10.

10.02 / 11:13

markets Ethereum SEC Ethereum 2.0 coinbase Ether price Kraken Crypto Staking Ethereum price risks 20% correction amid SEC's crackdown on crypto staking

Ethereum's native token, Ether (ETH), saw its worst daily performance of the year as the U.S. Securities and Exchange Commission (SEC) stopped Kraken, a cryptocurrency exchange, from offering crypto staking services.

10.02 / 00:39

Blockchain Ethereum defi Ethereum staking Rocket Pool’s Ethereum staking service reaches $1B in TVL

According to data from DefiLlama, Ethereum staking service Rocket Pool reached $1 billion in total value locked (TVL) on Feb. 9. The move comes less than two years after the decentralized finance (DeFi) protocol launched its mainnet on Nov. 9, 2021. Dubbed a liquid staking solution for Ethereum, Rocket Pool allows users to join an Ethereum decentralized node operator or run their own node.

08.02 / 17:07

Blockchain Ethereum Adoption defi ConsenSys founder 'bullish' on Ethereum following crypto winter performance

With Ethereum showing resilience through the latest cryptocurrency winter, ConsenSys founder Joe Lubin says he’s ‘bullish’ over Ether's (ETH) relative stability through compounding macro events.

07.02 / 23:11

regulation IRS Staking Support ConsenSys releases statement of support for continuation of the Jarrett tax case

ConsenSys issued a statement Feb. 7 in support of the appeal of the of Jarrett v. United States case concerning the taxation of staking rewards. The case originated in a dispute over a refund of about $4,000 that Joshua and Jessica Jarrett claimed on XTZ tokens they validated in 2019.

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