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In the past 24 hours, the price of Etalum, the second largest secretive company, has skyrocketed by 7% as its network has successfully completed the highly anticipated Shanghai hard fork. However, upgrades enable network participants to recover their bet funds

The Ethereum blockchain is about to receive an important update on April 12th, namely the Shanghai Upgrade. The main purpose of this upgrade is to enable the extraction of Ethereum (ETH) already pledged on the Beacon Chain. Currently, over 17 million Ethereum coins are locked on the Beacon Chain, accounting for over 15% of ETH's total supply.How will this upgrade affect the price and market of ETH? We believe that from multiple perspectives, the upgrade in Shanghai is beneficial for ETH, for the following reasons:Enhancing the attractiveness of beacon chains Beacon chain is a core component of Ethereum's Proof of Rights (PoS) consensus mechanism, which enables Ethereum networks to be more secure, efficient, and environmentally friendly. Currently, to become a verifier of the beacon chain, at least 32 ETHs need to be pledged and cannot be extracted. For some users, this may be a high threshold and risk. After the upgrade in Shanghai, pledgers can freely extract their ETH and rewards, which will reduce the cost and risk of pledging, attract more users to participate in pledging, and increase the security and decentralization of the Ethereum network.Reduce the cost of second tier solutions

Bitcoin is showing signs of exhaustion, has the market endedOriginal Huang Weihong Xingyu x2023-04-2600:03 Published in GuangxiIncluded in the collection#Financial category, including digital currency π coins691Please click on the author's name above to follow to avoid missing important informationBitcoin is showing signs of exhaustionIn recent times, after Bitcoin broke through 30000 yuan, the argument of "a bull market has arrived" has been heard endlessly. Many friends have put together funds to invest and re enter the market, but the trend of coin prices has not been satisfactory

Highlights of the storyBitcoin prices have fallen from $28000, sparking the possibility of triggering a new wave of bearish sentimentIf the upcoming trend turns bearish, it is expected to form a new low, which may further mark the low point of the 2022-23 bear marketThe cryptocurrency market is attempting to recover from the losses that occurred last weekend, which depleted nearly 10% of global market value. Bitcoin prices have recently reached a low near $27300, with a significant decrease in trading volume, indicating that bulls are still in the buying zone

The article was edited at 10:50 am on March 28, 2022. There was a delay in the publication of the article, and the real-time strategy was the main focusBoosted by the unexpected financial results of Facebook parent company Mata, the three major US stock indices collectively closed sharply higher on Thursday

Reported by Reference News on April 26thAccording to Reuters London on April 24th, Standard Chartered Bank said on the 24th that by the end of 2024, the price of the top cryptocurrency Bitcoin may reach $100000, marking the end of the so-called "cryptowinter".Jeff Kendrick, Director of Digital Asset Research at Standard Chartered Bank, said in an investment briefing that Bitcoin may benefit from several factors, including the recent banking turmoil, the stabilization of risky assets brought about by the Federal Reserve's end to the rate hike cycle, and the increased profitability of cryptocurrency mining

Edited by: Bi LumingData shows that Bitcoin has risen by 40% this year, while Ethereum has risen by more than 30%.

Market panic led to the liquidation of $300 million worth of positions and the erasure of $1 billion of open positions within 24 hours. This is a major blow for both long and short traders, as many are forced to sell at a loss

A highly regarded cryptocurrency strategist has stated that Bitcoin (BTC) may lay the foundation for a significant rise in the coming months as the king of cryptocurrencies replicates the parabolic rebound of nearly a decade ago.Pseudonym analyst TechDev told his 409100 Twitter followers that multiple technical indicators suggest that Bitcoin may be mimicking the 2015 bull market, during which it rose from less than $200 to $20000 in about two years

On April 11th, the financial industry reported that Bitcoin has climbed to over $30000 for the first time since June 2022, with an annual cumulative increase of over 80%. This rebound is even stronger than the nearly 20% increase in the Nasdaq 100 index (where Bitcoin often rises in sync with the index)

On April 11th, the world's largest cryptocurrency by market value, Bitcoin, rose above $30000, reaching its highest price since June last year.Bitcoin's trend over the past 24 hours

On April 26th, Titanium Media App reported that Bitcoin broke through $29000 upwards, with a daily increase of over 6%.