Ethereum staking doubles after Shapella, fueling crypto rally
In this video, Michiel Milanovic, DeFi Strategy & Product Analyst at ConsenSys, discusses the impact of the Shapella upgrade on Ethereum with Ernest Hoffman of Kitco News. They analyze the growing adoption of blockchain technology by institutions, the upcoming Cancun-Deneb upgrade, and the increasing market for ETH staking by investors. The discussion explores how these factors will impact the cryptocurrency market and its potential for growth.
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow ConsenSys on Twitter: @ConsenSys (https://twitter.com/ConsenSys)
0:00 - Post-Shapella ETH rally
4:29 - Growth of ETH staking
6:58 - Trading community joins ETH staking
9:01 - Institutional adoption
10:35 - Cancun-Deneb and scalability
14:21 - Other drivers for ETH in 2023
15:28 - Corporate adoption of NFTs
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