Ethereum engineers finished the much anticipated Shanghai hard fork. This enables network users to withdraw any money they have already risked. Ethereum (ETH), which is presently trading at $2,111, reached an 11-month high of $2,123.35 this week, according to CoinGecko statistics.
The price of Bitcoin and other cryptocurrencies rose significantly on Friday. Despite predictions from onlookers that post-Shapella selling pressure would cause Ether’s price to fall, the day ended in disappointment. Bitcoin increased by 2% and moved closer to the $31,000 mark, while Ethereum exceeded by a large margin, surging by almost 10% over the past 24 hours. Nirmala Sitharaman, the finance minister for India, said on Thursday that there is growing agreement among G20 members that any legislation pertaining to digital assets should be put into place in a manner that is synchronized throughout the world.
Shanghai Hard Fork
Sitharaman underlined her happiness that the G20 members are now more open to the concept that any regulation affecting crypto assets should be undertaken internationally in a news conference following the G20 finance ministers and central bank governors meeting. She claims that the G20 has quickly addressed the threat presented by cryptocurrencies.
A conference for G20 members was held in February by the finance ministry to examine the creation of a common framework for handling concerns regarding cryptocurrencies like Bitcoin. India has often stressed the necessity of a cooperative global strategy to
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