More and more Ethereum validators are considering staking their ether (ETH) on the network. An analysis of data from ValidatorQueue shows that the so-called validator entry queue has reached 7,045 entries, the highest level since October 6th. In little over 48 hours, the waitlist—representing more than 225,000 ether ($562 million)—is
In the fast-paced world of cryptocurrency, the Ethereum network has witnessed a tumultuous 24 hours marked by soaring gas fees and a sharp decline in the ERC-404 sector. According to data from Coingecko, the overall market capitalization of ERC-404 tokens has plummeted by a staggering 26%, leaving investors reeling from
The volume of Ethereum NFTs traded on-chain last week is at its greatest level since the week of Feb. 26, 2023, while Bitcoin NFT trading surely experienced a large surge this autumn. The volume of Ethereum NFTs is increasing because Pudgy Penguins, the third largest NFT collection by market value,
The cryptocurrency landscape is dynamic and ever-evolving, unveiling new stories daily. Among these, the captivating narrative of an early Ethereum investor discovering a promising new token akin to ETH has gripped the interest of crypto enthusiasts and investors. With a keen eye, this investor initially backed Ethereum at just $50
Investors are always searching for the next big thing in the rapidly changing world of cryptocurrencies. A venture that has the potential to completely transform the market and yield enormous profits. Many investors are focusing on initiatives like Retik Finance (RETIK), which has been making waves in the cryptocurrency world,
The cryptocurrency market is no stranger to volatility and rapid price movements, and 2024 has been no exception. While established cryptocurrencies like Bitcoin and Ethereum continue to dominate the headlines, it’s the emergence of new and innovative projects that often steal the spotlight. One such project that has recently garnered
After EigenLayer temporarily lifted its deposit limitations, its TVL surged to roughly $6 billion in the previous three days. According to DeFiLlama statistics, the amount of assets submitted to the restaking protocol has increased by around 170% from $2.15 billion when the window started on Feb. 5 to $5.85 billion
The introduction of ERC-404, a novel token standard that melds the functionalities of cryptocurrencies and non-fungible tokens (NFTs), has sparked significant excitement and traction within the Ethereum ecosystem. Unlike traditional ERC standards such as ERC-20 or ERC-721, ERC-404 presents a fusion of features, promising to revolutionize the landscape of digital
MEV, short for Miner Extractable Value, refers to the profits miners can extract from ordering transactions in certain ways on the Ethereum blockchain. Although most people don’t see it, MEV is essentially an invisible “tax” that users pay on their transactions without even realizing it. Its mysterious and concerning nature
ARK 21Shares has made changes to their spot Ether ETF application in order to implement a cash-creation approach, which is comparable to their authorized spot Bitcoin ETF. Additionally, they have also hinted to stake some of the ETF’s Ether in order to produce more revenue. After many conversations with the
