Brian Mosoff, CEO of Ether Capital, commented on Ethereum’s upcoming update in terms of price.
According to CEO Mosoff, he thinks that Ethereum’s upcoming update will not change much in terms of price. Ethereum’s upcoming Shanghai update is eagerly awaited by the community.
Ether Capital CEO Thinks Shanghai Update Will Attract New Investors
Ether Capital CEO Brian Mosoff thinks that Ethereum’s upcoming update will not change much in terms of price, but it will attract new investors.
Brian Mosoff, CEO of tech firm Ether Capital, said that Ethereum’s upcoming Shanghai hard fork probably won’t affect the Ethereum (ETH) price to a large extent.
“For the price, I suspect it won’t be an event,” Mosoff said on a program he attended today, regarding the planned “Shapella” upgrade of the network. The update is expected to happen on April 12.
With the upgrade, users will be able to withdraw their “stacked” Ethereum to participate in the Ethereum Blockchain’s consensus system.
CEO Mosoff thinks Ethereum trading could change in a few months.
Mosoff used the following statements on the subject:
“Either you will see more ETH locked into staking than solo stakers, or you will see more structured products launching again.”
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