Ethereum’s Shanghai upgrade will unlock ether that has been staked since the Merge, potentially leading to selling pressure that market participants could ride out or take advantage of.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto
The latest price moves in bitcoin (BTC) and crypto markets in context for March 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto
The move follows interest in securities trading using central bank digital currencies.
Among the institutions it expects to make use of the offering are banks, brokers, asset managers and family offices.
Market makers selling the options may need to buy more bitcoin in the spot market to cover their positions if the cryptocurrency rises further.
A proposal that is supposed to end tomorrow has received 100% of votes in favor.
The ministry plans to launch an expert panel next month to explore the feasibility of a central bank digital currency.
XRP trading made up nearly 50% of all volumes on Korbit, a prominent local exchange.
