Ethereum Price On The Move To $2,000 As Devs Confirm Staking Withdrawals
Join Our Telegram channel to stay up to date on breaking news coverage Ethereum price has been awakened by the latest announcement from the Ethereum Foundation, confirming the Shanghai upgrade, expected in April. This could mark another bullish week for the second-largest cryptocurrency as it makes the ultimate attempt to break above resistance at $2,000. The Ethereum Shanghai Upgrade To Go Live On April 12 The Ethereum Foundation has confirmed to the community that the largest smart contract platform will finally unlock the full potential of the proof-of-stake (PoS) consensus mechanism on April 12. “Withdrawals are coming! The Shapella network upgrade will activate on the Ethereum network at epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023,” the Ethereum Foundation said via a blog post on Tuesday evening. Shapella is a name recently coined to replace Shanghai because it combines changes recently applied to Shanghai, the hard fork’s execution layer,...