Ethereum Surges Above $2,100 Amid Bullish Post-Shapella Upgrade Supply Dynamics – Where Next for the ETH Price?
Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, just surged above $2,100 for the first time since May 2022 amid positive post-Shapella update changes in the ETH supply. Ethereu...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Ethereum developers successfully implemented the so-called “Shapella” upgrade on Wednesday – Shapella being an amalgamation of the names of Ethereum’s consensus (Shanghai) and execution (Capella) layers....
Read More: Ethereum Surges Above $2,100 Amid Bullish Post-Shapella Upgrade Supply Dynamics – Where Next for the ETH Price?
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Ethereum Dancing on Two Fronts as Quantum Upgrade Advances and Treasury Leverage Bites
Ethereum developers want to upgrade the network to be quantum-ready by 2027, potentially accelerating one of its biggest security...
How Buterin Complicates Ethereum’s Wall Street Pitch by Aiming at Bitcoin
Vitalik Buterin’s latest pivot in how Ethereum should be valued might make traditional Wall Street investors dizzy. The narrative...
Ethereum and Layer 1s Explained
Ethereum 101 explains how Ethereum made blockchains programmable. It covers smart contracts, accounts and the EVM, ETH and gas fee...
Ethereum faces temporary issues due to cloud provider malfunction
Cloud dependency highlights Ethereum's vulnerability, urging diversification to ensure network resilience and uninterrupted user a...
Ether Price Dips Below $2K as Ethereum Foundation Dumps 5000 ETH in 5 Day
A wallet linked to the Ethereum Foundation sold another 1,000 ETH on Saturday, taking its five-day total to 5,000 ETH, or about $9...
Baillie Gifford adopts Ethereum as legal register for UK funds
Baillie Gifford's use of Ethereum as a legal register for UK funds signals a shift towards blockchain as a mainstream financial in...