35 million ETH. That's a massive figure. That’s about 28.3% of the total Ethereum supply, most of which is locked in contracts for staking. We’re led to believe that it increases safety and security, greases the wheels of investor confidence, and signals hope and prosperity. What if this monolithic fortress...
Ethereum’s ecosystem is the most active it’s ever been, evident through massive whale accumulation, rising network fees as a result of demand, and hyped staking milestones. These factors collectively paint a picture of a dynamic and evolving landscape, prompting questions about Ethereum's price and its future trajectory. This article will...
The nautical reality is that the world of cryptocurrency is changing rapidly. One of the most impactful changes in recent years has been the emergence of staking. Ethereum, the second-largest cryptocurrency by market capitalization, has undergone a complete transition to a Proof-of-Stake (PoS) consensus mechanism. The consequent change has led...
Ethereum has just blown past a thrilling new milestone! The overall value of ETH staked has broken above $70 billion, representing 28.3% of the cryptocurrency’s total supply. According to on-chain data, this threshold was candidly crossed late last week. The surge in staking activity, with significant involvement from whale wallets...
So, 35 million ETH is staked. That's a massive number. $140 billion committed. You’d imagine that level of commitment would moon the price to the moon too, huh? Instead, what we’re watching is Ethereum shaky at best, sinking even under the $2,400 threshold. That's not the script we were sold....
Ethereum, the second-largest cryptocurrency by market capitalization, has seen its price drop in a significant way, falling under $2,400. This has sparked considerable debate among investors and analysts: Is this a temporary setback, a buying opportunity, or a sign of a more significant downturn? Knowing the reasons behind this price...
Ethereum is facing an important crossroads at the moment, trading near the $2,500 horizontal resistance. One thing that’s affecting its price is staking yields vs treasury inflows and options expiry that’s coming very soon on the horizon. Whether you seek to invest, develop, or do business with this industry, understanding...
Bit Digital's recent announcement to ditch Bitcoin mining and go all-in on Ether (ETH) staking has sent ripples through the crypto community. Are they visionary strategists or are they lemmings just following the herd over the cliff? The answer, as with nearly everything pertaining to crypto, is highly nuanced. Let's...
SharpLink recently placed a huge bet on Ethereum. 188,478 ETH to be precise, making them the biggest publicly listed holder. Now, that’s a pretty audacious thing to do, given the natural volatility of crypto. The stock went up, obviously, but is this a smart long-term strategy or just a short-term...
SharpLink, a Nasdaq-listed company, is making waves in the iGaming industry with a bold move: a massive acquisition of 188,000 ETH. This strategic shift is more than just the simple act of holding cryptocurrency. It illustrates a deeper shift in what SharpLink believes about its future amid the rapidly evolving...
Bit Digital, Inc. just made a surprising and positive turn from Bitcoin mining. The company has since shifted its attention to Ethereum staking, pulling the industry’s eyes along with it. This development is part of a widening strategy of moves by the company to pivot its focus. It deepens and...
Bit Digital is betting the farm. They’re promoting the sale of these shovels in order to purchase the lottery tickets. They're ditching Bitcoin mining, the digital equivalent of the California gold rush, for Ethereum staking, which, let's be honest, sounds a lot less rugged and a lot more…regulated. Whether this...
The website engages in the practice of providing a Cookie Policy designed to notify users of a website’s use of cookies. Users should be presented with an opportunity to consent to their cookies being used to enhance their experience on the site. The site uses cookies to provide you with...
Dynamic digital asset company Bit Digital is doing something equally ambitious — and equally audacious. This is why they changed their strategy away from Bitcoin mining, through Ethereum staking, to treasury management. This strategic pivot comes after a $150 million share offering and a significant drop in the company's stock...
Bitcoin mining is the integral process that serves as the backbone of the Bitcoin network. It’s how new bitcoins are generated, and it’s how transactions are confirmed and added to the public blockchain. To those unfamiliar with the crypto space, the word “mining” may seem a bit scary. Learning the...
The buzz is building. Look out BTC, altcoin ETFs are on their way! The SEC seems to be getting a little more friendly towards it, especially with regards to Solana. We're seeing applications amended, deadlines looming, and even whispers of BlackRock jumping into the XRP game after the Ripple case...
Let's be blunt. The Bitcoin gold rush? It’s increasingly shaping up to be a fool’s errand come 2025. This really is more than a small blip in profitability. That is a dramatic and potentially catastrophic turn in the risk-reward equation. The shiny allure of digital gold is masking a growing...
Tired of the 9-to-5 grind? Tired of the idea that your wealth is in the hands of people you can’t even influence? Let me tell you a secret: Bitcoin mining might just be your escape hatch. I know, I know, this sounds like something only tech sorcerers can comprehend, but...