Presently, Ethereum finds itself entrenched within a trading range bordered by $1690 and $2033. However, the spotlight falls on a critical resistance zone, firmly established between $2000 and $2100. This pivotal level has wielded considerable influence in the past, evidenced…
Ethereum Blockchain: New Report Shows How Liquid Staking is Harming Ethereum
HashKey Capital released its annual report on the DeFi Liquid Staking Derivatives (LSD) market. Note that HashKey Capital is the largest and biggest crypto fund in the Asian market. The new report gives insights on certain things crypto enthusiasts should…
Is Staking Ethereum Still Profitable? How to Stake Ethereum
Ethereum staking is the process of adding some ETH tokens to activate a validator software. Apparently, adding those ETH tokens to the network automatically makes you a validator. As a validator, you will perform a lot of duties. For instance,…
Big News for the Ethereum Community as Staking Surges in Q2 Report
According to new data from Tokeninsight, the state of Ethereum staking is doing very well. The Ethereum Merge changed the future of the network. Hence, it transformed it from the old proof-of-work network to proof-of-stake. In fact, this merge was…
Fed Interest Rate Hike: Bitcoin, Ethereum, Cardano, and Dogecoin Witness Price Increase
The US Federal Reserve on Wednesday approved a new Fed interest rate hike. However, this recent hike represents many things for many industries, including crypto. Although many anticipated the new hike, it takes borrowing costs to the highest level in…
Solana Gaming Ecosystem Expands After Aurory Integration to Ethereum
Gaming franchise Aurory recently announced their move to the Ethereum network via Arbitrum. Arbitrum is an Ethereum layer 2 network claiming to support Aurory’s visions. Solana-based Aurory says the new move to Arbitrum is because they want to make their…
Shanghai Upgrade: Ethereum Validators Reaches a New Level in Staking
Approximately $52.3 billion worth of staking went into the ETH2.0 contract by Ethereum validators. This is the highest value of staking in the Ethereum network, and it is pretty alarming. This new development appears welcomed and, at the same time,…
Is Ethereum at Risk? – Could Ethereum’s Security Classification Shatter the Cryptocurrency Market? The Risks and Rewards of Regulatory Clarity
Letitia James, the Attorney General of New York, made history by filing a lawsuit against KuCoin, alleging that the cryptocurrency exchange violated state regulations by operating without registering as a securities and commodities broker-dealer. What sets this lawsuit apart is…
Ethereum Staking Profit: Only 16% of Ethereum Stakers Are realizing Profits as Shanghai Upgrade Looms. Expert Tips for the Upcoming Shanghai Upgrade
The upcoming Shanghai upgrade for Ethereum is expected to bring about changes that could affect the profitability of staking. In this article, we explore the profitability of Ethereum staking before the upgrade. According to data from Staking Rewards, only 16…