The post Traders Are Betting On ETH With Ethereum’s Next Big Milestone Ahead appeared first on Coinpedia Fintech News
The Merge, which began on the alternative cryptocurrency network in September 2022, was the most notable update to the Ethereum (ETH) network. The goal of this ETH hard fork was to implement the proof-of-stake (PoS) consensus mechanism. All of us are eagerly anticipating the next update, Shanghai hard fork.
Traders have very high hopes for the update, which is scheduled for 2023. Staking cryptocurrency units on the Beacon Chain will be unlocked and made available for trade as part of the upgrade, which should increase Ethereum’s market liquidity. But what market prospects exist ahead of the main update?
What Traders Are Saying?
In a conversation with CoinDesk, many prominent cryptocurrency traders and experts revealed their essential ideas and forecasts on the market effect of the Shanghai upgrade.
Thomas Kralow, a cryptocurrency trader, believes that the Ethereum p
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