Ether Capital CEO: Shanghai upgrade likely to be 'nonevent' on ETH's price

04/11 03:43

According to CoinDesk, Ethereum’s upcoming Shanghai hard fork likely won’t drastically affect the price of ether (ETH), said Brian Mosoff, CEO of technology company Ether Capital. “My suspicion is that this is going to be a non-event in terms of price,” Mosoff told CoinDesk TV’s “First Mover” on Monday regarding the network’s “Shapella” upgrade (a portamento of “Shanghai” and “Capella”) scheduled to take place on April 12. With the upgrade, users will be able to withdraw the ether they "staked" in order to participate in the Ethereum blockchain's consensus system. However, the lingering fear in the market is the impending unlocking of that ETH, deposited to boost network security in return for rewards, will lead to a rush to liquidate and lead to pressure on ETH's price.
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Sorumluluk ReddiYukarıdaki içerik HTX'ın tutumunu temsil etmez.HTX herhangi bir alım satım önerisinde bulunmaz.

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