At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…
What Next For Bitcoin
Bitcoin Breaks Out of Range to Trade Above $30,000 on July 21
Bitcoin has lost about half of its all-time high value, reached earlier this year, of around $65,000. On the other hand, the bitcoin price is up over 7%, and it broke the USD 32,000 resistance. At the time of writing, BTC was trading at $32,187.71, and the price might accelerate higher. However, the following key resistance is near USD 33,000, above which the price might continue to rise. Bitcoin has failed to exhibit any significant price movements in either direction…
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