News Bit: Ethereum Price Update: Ether Loses Shanghai Gains as Bitcoin Slumps 10%
Ether erases gains from Shanghai upgrade as Bitcoin faces a 10% drop in a week. Discover the factors behind these price movements.
Ether erases gains from Shanghai upgrade as Bitcoin faces a 10% drop in a week. Discover the factors behind these price movements.
Discover the impact of Ethereum’s Shapella upgrade as it enables staking withdrawals and rewards for validators, completing the network’s transition to a proof-of-stake consensus mechanism.
Bitcoin reaches a 9-month high, closing at $27,467, driven by a banking crisis in the United States and issues with multinational banks like Credit Suisse. Analyst Markus Thielen sets the next price target for Bitcoin at $28,000 as the cryptocurrency gains momentum amid the ongoing banking crisis. Price data are accurate as of March 18…
Bitcoin closed Wednesday at $24,471, which is just a slight 0.32% increase from the previous day.
What Happened Circle Internet Financial’s USDC stablecoin, the second-largest stablecoin with a market cap of $42 billion, temporarily lost its peg to the U.S. dollar due to contagion from the collapse of Silicon Valley Bank. The USDC/USDT trading pair dropped as low as $0.94 on Kraken, the lowest price since April 2021, but recovered to…
Bitcoin hovers below $20,000: Bitcoin recently dropped in value and briefly went below $20,000. This happened after U.S. President Joe Biden made an announcement about the country’s budget, which caused some uncertainty in the cryptocurrency market. Additionally, a bank called Silvergate, which provides services to companies that use cryptocurrency, announced that it was going out…