In this exclusive Alpha article, we analyze the recent cryptocurrency market movements and uncover a key factor driving Ethereum’s 33-week high. With the Shanghai upgrade just around the corner, there’s more to the story than meets the eye. We’ve discovered crucial information that could impact the market significantly. Subscribe to CryptoSlate Alpha to uncover this vital insight and gain the upper hand in the ever-changing world of cryptocurrency.

CryptoSlate wMarket Update: Ethereum posts 33 week high in anticipation of Shanghai upgrade
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

Cover art/illustration via CryptoSlate
In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
More about Bitcoin
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
More about Ethereum
Stargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi.
More about Stargate Finance
PlayDapp is a dApp game portal that provides C2C Marketplace.
More about PlayDapp
Reserve is a stable, global currency (a stablecoin) and a digital payment system for people and businesses in countries with high inflation..
More about Reserve Rights
Based on the spirit of Optimistic Rollup, Metis is building an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework (Metis Rollup) to fully support the application and business migration from Web 2.0 to Web 3.0.
More about MetisDAO
BORA is a decentralized entertainment platform focused to distribute digital content and provide incentives to participants.
More about BORA
FLEX is the coin that powers CoinFLEX, a physically settled futures exchange.
More about FLEX
MobileCoin is designed to be deployable in normal resource-constrained environments like mobile devices, and to deliver a simple user experience along with privacy and security..
More about MobileCoin
IoTeX is the next generation of the IoT-oriented blockchain platform with vast scalability, privacy, isolatability, and developability.
More about IoTeX
Dogecoin is a cryptocurrency created in December 2013 as a joke by software engineers Billy Markus and Jackson Palmer.
More about Dogecoin
Baby Doge is a deflationary coin designed to become more scarce over time.
More about Baby Doge Coin