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State of the Crypto Market (February 2023)

Let’s talk about the state of the crypto market as of February 2023, and the most important things happening.
State of the Crypto Market (February 2023)

Market Byte: Ethereum’s Shanghai Update & Liquid Staking Derivatives

The upcoming Shanghai hard fork (EIP-4895) on the Ethereum network, set for March 2023, aims to unlock a significant amount of staked Ethereum (“ETH”), which currently makes up more than 13% of the total supply of Ethereum.
Market Byte: Ethereum’s Shanghai Update & Liquid Staking Derivatives