Ethereum’s liquid staking sector has commanded explosive growth in 2023 as more investors look to benefit from the network’s staking rewards. Total ETH staked has risen in excess of 60% since the year’s open, meaning that more than $45 billion in ETH now helps to secure the network. This tremendous
The global cryptocurrency market is currently experiencing a recovery, largely attributed to XRP’s reclassification as a non-security in Ripple’s partial victory against the SEC. Additionally, Ethereum (ETH), the second-largest cryptocurrency, has witnessed a significant rally of over 55% since the beginning of 2023. The digital currency has managed to stage
Ethereum’s fee revenue has outpaced the ETH price year-to-date (YTD), signaling a significant shift in the cryptocurrency market. This development marks the first time in two years that fees have exceeded the price of Ethereum, indicating a return to the unprecedented surge witnessed in 2020. According to insights provided by
Ethereum (ETH), the leading altcoin by market capitalization, has experienced a slight recovery of 0.13% after reaching a weekly low of $1,804 on August 7. However, the trading price of ETH still stays below the $1,900 mark, showing bearish momentum in the crypto market. Yesterday, Ethereum experienced a downtrend that
Musk’s tweets have been known to sway the crypto market, and now, the question arises: Will Pomerdoge be his next target for a tweet? As investors from Solana and Ethereum join the presale, there’s anticipation brewing over the potential impact of Musk’s influential digital nod. Let’s delve into the possibilities
The first half of 2023 has been a roller-coaster ride for the cryptocurrency world, with a series of significant events and developments that have left a profound impact on various altcoins. As Bitcoin hit a remarkable $30,000 upmark and the SEC lawsuit took a surprising turn, altcoins experienced unprecedented volatility,
Ethereum, the second-largest cryptocurrency finds itself amidst a bear-dominated market. The ongoing battle between the bear and the bull has intensified over the past two weeks, driving down the price. Notably, the price of ETH has decreased by 6.16% in the last month and by 2.1% within the last 7
There are now six Ethereum Futures ETFs pending clearance from the U.S Securities and Exchange Commission. Several big participants are vying for dominance as they seek approval for an Ethereum futures ETF. These are from Volatility Shares, Bitwise, Roundhill, VanEck, Proshares, and Grayscale. On August 1st, Bloomberg’s senior ETF analyst
The crypto market has experienced massive growth globally with significant developments recently. In the first half of 2023, the number of crypto owners surged by 21%, rising from 425 million in December 2022 to 516 million. During this period Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has shown remarkable
There has been hardly any upward or downward movement in the Ethereum price during the last several days. Ethereum price is following in Bitcoins footsteps. However, the ETH price may have a significant breakthrough in the upcoming month of August. In light of Bitcoin’s latest decline to $29,000, the price
