Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to withdraw their locked Ether.

The mechanism now used to confirm transactions relies on validators staking their Ether (ETH).

With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain.

Bitcoin (BTC) held its most recent gains into May 27 as traders called for a change in “bearish” market sentiment.

BTC and ETH showed significant price hikes.

BTC’s price could flip the resistance level at $26,850 into support.

The 9 EMA line was looking to cross above the 20 EMA line on BTC’s 4-hour chart.

BTC was trading hands at $26,725.02 after it experienced a price increase of 0.91%.

At press time, ETH was worth about $1,814.41 after it experienced a 1.61% price increase in the past 24 hours.

This ETH accumulation trend among whales could be an indication of trust and confidence in the project as a whole.

IntoTheBlock noted that the amount of ETH whales has been on the rise recently.

ROSE’s price movement has been flat over the last 2 weeks, which could suggest that the altcoin’s price will experience a breakout soon. In addition, ROSE’s price is hovering just above the support level at $0.04876. Should bulls re-introduce themselves within the next two days, it could result in ROSE’s price soaring to above $0.05639.

ROSE also weakened against both BTC and ETH by 0.46% and 0.59% respectively. After a more than 30% increase, ROSE’s 24-hour trading volume was standing at $14,265,714 at press time.

Oasis Network (ROSE)
ROSE was yet another crypto that suffered losses over the past day of trading. At press time, ROSE was worth $0.05101 after a 1.59% price drop. As a result, the altcoin’s weekly performance was down by more than 7%.

The RSI line on ETH’s 4-hour chart suggested that the leading altcoin’s price would continue to fall in the next 24 hours, as the line sloped negatively towards oversold territory. In addition to this, the 9 EMA line on the 4-hour chart was looking to cross bearishly below the 20 EMA line.

ETH was trading close to its daily low of $1,815.90. Despite the altcoin’s price drop, it was still able to strengthen against its biggest competitor, Bitcoin (BTC), by around 0.27%. In addition to this, the crypto’s drop in price was also not enough to drag its weekly performance into the red as it was up 0.07% over the past seven days of trading.
#Ethereum

In a concerning event for the crypto community, the North Korean hacker group Bluenoroff has unleashed a new wave of cyber threats by deploying the RustBucket malware, specifically designed to target macOS users.

A North Korean hacker group has launched the RustBucket malware.

The malware targets macOS users, posing a threat to the crypto community.

The sector advocates for a universal regulatory approach to address jurisdictional variations.

Messari recently noted that PEPE’s market value per holder is displaying an accelerated growth pattern compared to SHIB’s.