Major coins traded in the mixed on Sunday evening, as investors continue to anticipate the impending regulatory challenges.
Cryptocurrency | Gains (+/-) | Price (Recorded 9:30 p.m. EST) |
Bitcoin (CRYPTO: BTC) | +0.75% | $28,281 |
Ethereum (CRYPTO: ETH) | -0.40% | $1,850 |
Dogecoin (CRYPTO: DOGE) | +0.65% | $0.082 |
What Happened:The highly anticipatedEthereum Shanghaiupgrade is just a few days away, and it's generating quite the buzz. But despite the rollout, there's no sign of selling pressure. This is largely due to the fact that a significant amount of stakedEthereum(CRYPTO: ETH) is currently at a loss.
According toCryptoQuant'sresearch report released in February, a significant proportion of ETH that has been staked is currently experiencing losses. The study reveals that the average ETH...