In the case of Wednesday, June 18, Solana (SOL) had a rocky day of trading. It fell under $145 but soon shot back up as U.S. trading kicked off. The biggest downturn was a 9% drop, as illustrated with three red candles in a row. At one point during this...
While the price of Ether (ETH) may experience dips and fluctuations, a notable trend has emerged: increasing institutional interest in Ethereum staking. This divergence raises important questions about what is actually driving institutional adoption. It challenges us to reconsider Ethereum’s future. Writer and artist Lee Chia Jian blends blockchain analysis...
In short, Bitcoin miners are under acute financial stress. In June, transaction fees fell to a three-year low, accounting for under 1% of total block rewards. This overall downward trend as well as the recent halving event are all taking a toll on miner profitability. After dipping below $75,000 in...
Ethereum’s price is moving again up towards the $2,600 level, backed by daily increases in institutional purchase to the tune of over $200 million. Despite the bearish macro backdrop, ETH—the second-largest cryptocurrency by market capitalization—has been trending upwards and exhibiting bullish momentum, currently trading around $2,500. This surge is being...
Sentinum is one of several fast-growing players in the Bitcoin mining industry. They created an ambitious corporate goal of achieving a $41 million annual Bitcoin mining run rate. As you can see, this projection is based almost entirely on Bitcoin reaching a price of at least $108,000. This year’s estimate...
The Bitcoin ETF approval was the shot heard ’round the world for all things crypto. We all witnessed the free market react with optimism to this surge of institutional interest, sending BTC to all time highs. Ethereum made the same move but unlike the above with a whimper, not a...
Ethereum, the second-biggest cryptocurrency by market cap, has been experiencing a staking frenzy lately. Simultaneously, its price has skyrocketed. This phenomenon has resulted in a double whammy of reduced sell pressure and bullish outlook for the digital asset. This piece will explore the interdependent relationship between these two factors. We’ll...
Well, ETH is pumping up to a two-week high, staking’s mooning. Are we really surprised? It seems like only yesterday that we were preparing for the shockwaves from the Merge. Now, it looks like everyone has turned into staking experts! Let's pump the brakes a bit. While the allure of...
Today, cryptocurrency investors are all abuzz. The Securities and Exchange Commission (SEC) appears to be speeding up its approval process for Solana (SOL) exchange-traded funds (ETFs). Yet, this move has sparked significant enthusiasm. This indicates that Solana could very soon become the third cryptocurrency after Bitcoin and Ethereum to be...
Now, picture a world where access to those tools isn’t determined by the banks and institutions with which they’ve partnered, but by code and community. That’s the power of Ethereum, and it’s why, despite the haters, the best is yet to come. The suits on Wall Street are finally figuring...
Ethereum seems to be going through a major influx of interest and investment, resulting in a breakout price movement. There are at least five interconnected reasons for this rally. Substantial institutional inflows, Robinhood’s recent foray into Layer 2 solutions, and shifting supply dynamics are all major factors. This article breaks...
Okay, let's be real. You've probably heard the buzz: Ethereum's on the rise. This isn't just another pump-and-dump story. We’re not just talking about a change, we’re talking about a large fundamental shift, a tectonic plate movement in the financial landscape. Put aside all the fancy charts and graphs for...
Okay, let's talk crypto. You've seen the headlines: Solana ETF launched, but...crickets? The hard underperformance in relation to Ethereum is raising a lot of eyebrows. Truthfully, it ought to enrage you. Is the SEC slightly, or perhaps less so, shading Solana, while golden-childing Ethereum? It sure feels that way.SEC's Stance:...
Robinhood’s taking a similar plunge into Ethereum—with their own Ethereum Layer-2 network. Institutional investors are pouring billions into ETH. Almost a third of all Ether is currently locked, creating a potential supply squeeze as we described here. So it’s all rosy futures and unicorns for the Boomer generation, yeah? Maybe....
We're told staking is the future. A future of trustless banking, enhanced privacy, and generating crypto yield. How do we know this utopian dream isn’t just a very well masked desert mirage twinkling in the distance? I think it's time we acknowledge the elephant in the digital room: staking, as...
Okay, let's be real. Almost everyone assumed Solana would moon after the ETF launch. I mean, a Solana ETF! It makes this clunking sound, like a rocket ship poised for lift-off. Thus far, the story the numbers are telling is the exact opposite. Ethereum is still king. Why? Here’s my...
Cryptocurrency staking is undergoing a historic sea change. New approaches like Distributed Validation Technology (DVT) and Rainbow Staking are paving the path forward. These innovations are more than just incremental progress. They represent an important step toward a more decentralized, accessible, and resilient staking ecosystem. This article looks in depth...
REX Shares, an investment firm with just over $5 billion in assets under management (AUM) in 2024, has launched a Solana Staking ETF. This decision puts REX Shares in a very competitive field. Industry behemoths such as BlackRock are at the forefront with a staggering AUM of $11.5 trillion.The Solana...