Archive: shanghai update
Inflation and the Fed Are Keeping the Crypto Market in Limbo
By Vin Narayanan on April 14, 2023
Crypto Market Musings It feels like the crypto markets are warming up. As I write this, bitcoin is trading above $30,000. Ethereum is trading around $2,000. Even Solana has managed to make big gains. It’s up almost 20% over the last seven days. Most of Ethereum’s gains are being driven by this week’s successful Shanghai update. The update, which was completed Wednesday, allows people who have staked ETH to withdraw their…