📈 Ethereum Breaks $2K as Shanghai Goes Live 🛒 A “Decentralized Amazon” Makes Its Comeback

Discover the news of the week [View in Browser]( [logo]( Until April 18th, take control of your crypto with peace-of-mind and a reward from us. Buy a Ledger Nano, and [get up to $30 in BTC]( [.]( [Enjoy Our BTC Reward →](  [Ethereum breaks $2K as the Shanghai goes live.]( At the time of writing, the token is up 8% in 24 hours. [Per Buterin]( , the hardest parts of Eth’s proof-of-stake transition "are basically over", adding that "if we don't fix scaling before the next bull run, we know people are going to be stuck paying $500 transactions.” [OpenBazaar, a “Decentralized Amazon”, makes a comeback.]( the startup shut down in 2020 due to lack of funding, CEO Brian Hoffman confirmed in a tweet that he is rebuilding the marketplace, in order to allow users to buy and sell goods without a central entity in the middle. Will the company this time achieve its goal?]( [Brazil’s Head of State wants developing countries to abandon the dollar.]( At the New Development Bank in Shanghai, Lula asked “why do all countries have to base their trade on the dollar?”, comments that come among heightened efforts from BRICS nations to launch a potential common currency. What if Bitcoin is the real solution? [Elon Musk makes moves to renovate Twitter.]( Tesla’s boss bought nearly 10,000 GPUs for AI projects… only a few weeks after signing an open letter calling to temporarily halt the AI race. “In the months ahead, we will use AI to detect & highlight manipulation of public opinion on this platform,” he tweeted. Will Musk turbo-charge Twitter’s AI capabilities? [U.S. inflation hits 5% in March, its lowest point in 2 years]( but underlying price pressures are likely to “keep the door open for the Fed to consider another rate increase” in May. “The inflation problem (...) needs higher unemployment to get there,” said Steve Blitz, chief U.S. economist at TS Lombard. [“The U.S. is losing its lead in Web3”, per a16z.]( With less traffic on American crypto websites, the investment firm stated that “banning new business models or technologies” can drive “innovation and jobs elsewhere”. In 2018, around 40% of developers were in the US. It dropped to 30% in 2022.  [Manage your ETH Now →]( [Check Latest Prices →]( Shanghai Upgrade: Another Successful Milestone For Ethereum Shanghai Upgrade: Another Successful Milestone For Ethereum That’s it. [Ethereum’s Shanghai hard fork]( also known as “Shapella,” is live. Market analysts have speculated for months about whether the upgrade would turbocharge ETH’s price or would depreciate the token. But we quickly found the answer: Ethereum is now trading above $2,100, for the first time since May 2022, and up 14% over the past 7 days, amid bullish Post-Shapella supply dynamics. Right after the upgrade, [on-chain data]( revealed that Thursday “saw a near 100,000 jump in the number of ETH tokens staked on the Ethereum blockchain, the largest one-day increase in nearly two months”, proving wrong those who believed that enabling withdrawals would trigger short-term sell pressures. Another reason for Ethereum’s surge in price is the software upgrade’s technical success. Per Charles Guillemet, CTO at Ledger, “The Shanghai upgrade marks the completion of the blockchain migration to Proof of Stake, as well as a significant milestone in the evolution of Ethereum. This upgrade will bring more liquidity to the market and encourage those who were previously hesitant to stake their ETH due to uncertainties around locking time. It also highlights the Ethereum community’s remarkable ability to update its protocol seamlessly.” What Does The Future Hold For Ethereum? Vitalik Buterin, the co-founder of Ethereum, [made it clear]( “we’re in a stage where the hardest and fastest parts of the Ethereum’s protocol’s transition are basically over. Very significant things still need to be done, but those very significant things can be safely done at a slower pace.” Per Buterin, “scaling” the protocol is the next major milestone for Ethereum. "If we don't fix scaling before the next bull run, we know people are going to be stuck paying $500 transactions,” he said. For more information about the future of Ethereum, [this article]( Ledger’s CTO Charles Guillemet delves into Ethereum’s scaling challenges. It argues that, while a flawless scaling solution does not exist yet, Layer 2s including Optimistic and Validity Rollups hold the most potential for increased scalability with a good tradeoff for the blockchain trilemma. After two successful upgrades (The Merge and Shanghai), the key question is: will Ethereum be able to turn into the next major computing platform in the age of decentralized value? [title] From e-bikes to e-cigs, [highsnobiety]( ranked what’s hot and what’s not for Spring 2023. And guess what? Unsafe DIGITAL WALLETS are out, while [Ledger Stax]( is IN. Carl Anderson, Ledger’s VP of Engineering, wrote an [insightful article]( on clear signing and why it matters in the age of the revolution of value. This week Inspired by Ledger features [Dangiuz]( an Italian 3D artist, with a “futuristic cityscape” with a man looking outside and “seeing the Ledger ads being featured as holograms.” Ledger has been named as part of the NFT100 list of this year, done by NFT NOW. Alongside great NFT creators, founders, and artists, Ledger stands as part of the community section of 2023’s honorees. More on NFT100 [here](. “Ledger is the future!” [“Ledger is the future!”]( Art by Dangiuz Buy a Ledger Nano today, Get up to $30 in BTC from us. Buy a Ledger Nano today, Get up to $30 in BTC from us. Until April 18th* only [Don't miss out →]( *Midnight PST, on the Tuesday 18th of April. While stocks last. We can’t ship products to some countries due to international sanctions and local regulations. Read our [Terms & Conditions]( [Ledger]( Follow us on: [Ledger YouTube]( [Ledger Twitter]( [Ledger Instagram]( [Ledger Facebook]( [Ledger TikTok](ledger) & listen to our podcast [here](. This email was sent to you because you signed up at Ledger.com or purchased a Ledger product. We respect your right to privacy. Read our [Privacy Policy]( and [Cookie Policy](. © Ledger SAS. All rights reserved. Ledger brands are registered trademarks of Ledger SAS. 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