Tags: Shanghai

HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions

The government of Shanghai has implemented its strategic plan for the development of its urban blockchain digital infrastructure system between the years 2023-2025.

The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, confidence in the U.S. dollar, bank collapses and the high APR offered on ETH staking.

Staking rewards following Ethereum’s Shanghai upgrade have made it easier for investigators to spot counterintuitive behavior by ETH holders.

(Aditya Siva/Unsplash)

There‘s a still a wait for Ethereum validators to exit staking, but they are getting out slowly and surely. (Getty Images)

(Pixabay)

Agility LSD surges in TVL (Murilo Viviani/Unsplash)

Credit: Shutterstock/skrotov

Over 1 million ETH has been withdrawn since the Shapella hard fork on April 12. However, a significant number of addresses have restaked their ETH.

ETH price chart (CoinDesk data)

Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10.

Here‘s Why Ethereum Price Can Reach $5k in 2023, and Love Hate Inu Will Raise $10 Million

The top 100 DeFi tokens surged along with the broader crypto market as the total value locked peaked at a new yearly high of over $54 billion.

The last time ETH traded above $2,100 was in May 2022.

Join us as we discuss the potential for on-chain data and how it can make you a better trader.