Ethereum’s 2.0 staking deposits vs. withdrawals are not so symmetric now. The number of deposits is taking up the volume from the withdrawals. The community was taken aback when the difference between deposits and withdrawals exceeded 75k ETH on April 15th. But the situation reversed on April 16th, with 16K
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
The reported launching of the Shanghai upgrade with the consensus layer upgrade termed Capella, together called Shapella is dated April 12, 2023. Withdrawals are set to initiate after the doubled Ethereum Bug Bounty for Shapella’s susceptibility. Researchers believe that the upcoming Shanghai Upgrade might impact ETH, to price drop with
Decentralized Autonomous Organization (DAO), uses blockchain technology for all crypto transactions thereby allowing users to vote by offering special tokens. DAOs allow Polygon, to build a community for businesses compared to Ethereum (ETH). Considerably, there are 2X more of DAOs accumulated on Polygon than ETH. The spike rate is substantial
The United Arab Emirates, especially the emirate of Dubai, never fails to astonish the whole world. Indeed, the emirate always seeks to bring attention from the entire world, by all means possible. From the world’s tallest building or man-made structure, the Burj Khalifa to the world’s deepest pool ever, all
BNB Chain has made significant advancements by onboarding subsequent billion users into the Web3 arena. The BNB Chain developer announced on December 22 that the total number of unique addresses on the BNB Chain has overtaken Ethereum. The Binance network’s extensive possibilities drew multiple interesting DeFi, GameFi, and SocialFi projects,
In the aftermath of FTX’s bankruptcy, the global cryptocurrency market encountered the second massive bear trend in a year. Following that, most of the crypto exchanges were urged to disclose their cold and hot wallet addresses as proof of reserves to lower risks and increase market confidence. As a result
Vitalik Buterin, the co-founder of Ethereum, released an updated Ethereum roadmap on Saturday. After the Merge, the following phases are Surge, Scourge, Verge, Purge, and Splurge. The Ethereum roadmap now includes a new phase named “The Scourge,” which focuses on assuring trustworthy and credible transaction inclusion. It also aims to
Jim Rogers says the upcoming recession must be the worst in his lifetime. Consumer Price Index in September surged to 8.1%. In a recent interview, Jim Rogers, an famed investor who launched the Quantum Fund along with billionaire investor George Soros, warns that the bear market will only get worse
Arbitrum and Optimism set new all-time highs on transactions in September. Ethereum (ETH) decreased by over 20% in the previous month. The Layer 2 Ethereum-based protocols Arbitrum and Optimism Transaction volume have steadily increased. In September, the total number of transactions for both protocols reached new records. Arbitrum and Optimism
