The recent surge in the demand for Ethereum (ETH) is evidenced by deposits outpacing withdrawals. This is a clear indication that more investors are attracted to this cryptocurrency and are showing a higher level of confidence in its potential to generate profits. The ETH deposits are outpacing withdrawals in the
After Ethereum’s long-awaited Shanghai update, the native cryptocurrency of the blockchain, ether (ETH), has mostly remained untouched. By enabling previously inaccessible staked ETH withdrawable, the upgrade completed Ethereum’s transition to a proof of stake network. This switch to proof of stake is important because users stake ETH with the network
Ethereum has moved one step closer to a fully autonomous proof-of-stake system after its long-awaited Shanghai upgrade takes hold on the world’s second-biggest blockchain. On April 12, the main feature of the Shanghai upgrade, known as EIP-4895, went live. The upgrade now allows some users to withdraw their staked ETH
In the hours before the anticipated Shanghai upgrade to the blockchain, the price of Ethereum (ETH) dropped below $1,900 on April 12. ETH currently trades for $1,867.62 with a 24-hour trading volume of $8,721,558,303. Ethereum has decreased by 2.39% during the past 24 hours. The Shanghai upgrade, also known as
In a concerning development for the Ethereum (ETH) community, it has been reported that the number of active validators on the ETH network has dropped to a negative for the first time since the merge in September. Change in #Ethereum active validators goes negative for the first time since the
Bitcoin (BTC), the leading cryptocurrency spotted 12th position in the world’s top assets list, according to market cap. The asset moved gradually up to this spot from the 18th position in January 2023. The first-place holder, Gold, has a market cap of $13.460 T. The difference between gold and the
The first altcoin, Ethereum (ETH), continued to surge in price over the past week. The trading price of ETH has increased by 3.75% in the last 24 hours. Moreover, it reached an eight-month high on Tuesday. At the same time, the global market cap also surged over 1.49% in the
215,368 Ether has been transferred from a Bitfinex exchange wallet to an anonymous wallet in the last seven hours. According to the on-chain data tracked by Whale Alerts, this Ethereum transaction, worth $385 million at press time, was initiated around 05:28 UTC. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨
What are liquid staking derivatives? If you’re interested in staking ETH on the Ethereum network, you may have heard of liquid staking derivatives (LSDs). These tokens enable users to participate in staking without having to lock up their funds for a long period of time. In this post, we’ll discuss
Ethereum (ETH) price undergoes an instant surge of 3.8% in just two hours. The price soared up to $1,726.62. The largest altcoin in the crypto market was expected to experience its golden period after the PoS consensus upgrade. But reality differs from it. Post the change of mechanism in September
