Ethereum (ETH)

Ethereum 2.0 staking has seen significant growth, and a major milestone has been reached. As such, the deposit contract for staking Ethereum on the Beacon Chain reached an all-time high of 47.36 million ETH this week. Interestingly, this accounts for 33.9% of the entire Ethereum supply. ETH2 Staking Milestone According to the data shared by the crypto analytic platform Santiment, this is a dramatic increase from two years ago when it held only 10.9% of the supply, effectively...

[PRESS RELEASE – San Francisco, United States / California, July 10th, 2024] Revolutionizing Multi-Blockchain Coordination with Seamless User Interactions Agoric, a layer 1 blockchain designed for chain abstraction, has today announced the roll-out of its Orchestration API. With this new toolset, developers can create next-gen Web3 applications that seamlessly coordinate digital assets and services across multiple blockchain ecosystems. As a result, users can now benefit from...

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Investing in the cryptocurrency market offers unique opportunities to transform small investments into substantial returns. With strategic choices and a bit of market insight, it is possible to turn a $2,000 investment into $20,000. Two cryptocurrencies currently generating significant buzz and potential for such high returns are Polygon (MATIC) and Mpeppe (MPEPE). Here’s how investors can capitalize on these opportunities to achieve impressive gains. Polygon (MATIC)’s Potential for...

Bloomberg ETF analyst Eric Balchunas predicted on X that July 18 would be the “best guess” for the spot Ethereum ETF launch. This comes after the Securities Exchange Commission (SEC) issued S-1 amendments, which required companies to amend their registration statements and submit their applications. Balchunas Notes Minimal Changes in Latest Filing In the latest series of amendments filed by asset managers regarding spot Ethereum ETFs, Eric Balchunas described the changes as...

TL;DR Ethereum briefly fell below $3,000 but has since recovered, with bullish predictions targeting prices up to $8,000. Optimism is partly driven by the potential launch of spot ETH ETFs in the US, expected by some industry participants as early as mid-July. The Next Target The cryptocurrency market decline witnessed at the end of last week and the start of the new one has negatively affected Ethereum’s (ETH) price, which briefly tumbled below the $3,000 mark. In the past...

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Ether dipped to below $2,900 last week, fluctuating around $3,000 the following days. This price decrease has Ether holders worried about the coming period, with many believing the bull market has come to an end. The interest in the asset is noticeably declining market-wide despite news of an imminent approval for spot Ether ETFs in the US. Traders hold the belief that the asset’s price will continue dipping despite the ETF launch expected to come soon—many feel the SEC will approve issuance...

The recent price weakness triggered by Mt. Gox and the German Government’s selling pressure was likely perceived as a buying opportunity, as evidenced by the inflow of $441 million in digital asset investment products over the past week. During the same period, Exchange Traded Products (ETPs) recorded low volumes of $7.9 billion for the week, which is consistent with the usual summer dip. This also represents a 17% lower participation rate compared to the total market for...

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