DEFI UPDATE: THE HOTTEST TREND THIS YEAR L****** S******: Ethereum’s Hidden GemIf you’ve been following my calls and updates over the past few months, you’ve probably heard me talk quite a bit about staking. Staking has been the big buzzword in cryptocurrency circles over the past 6 months as Ethereum finally moved to a proof-of-stake […]
Ethereum Tops $2,000 The Ethereum cryptocurrency passed a psychologically important milestone this morning following the flawless release of its latest upgrade. That upgrade, dubbed Shanghai, enables users to withdraw currency that had been locked as part of the network’s staking mechanism. Staking is an alternative to proof-of-work (i.e. mining) and relies on deposits by users […]
Ethereum’s highly anticipated Shanghai upgrade on April 12 has left many stakers eagerly waiting to withdraw their staked Ethereum. However, a recent analysis by CoinShares suggests that the expected wave of withdrawals has not occurred, at least not yet. According to the analysis, less than 5% of validators have withdrawn their stakes in Ethereum since […]
If you’re an investor in Ethereum, then you’re probably familiar with the upcoming Shanghai upgrade. This much-awaited update will allow stakers to withdraw their tokens, which have been locked up since 2020. With almost $33 billion in ETH deposited to the network, the Shanghai upgrade is a significant milestone for Ethereum. However, what does this […]
An on-chain investigation reveals that, in comparison to several other cryptocurrencies, Ethereum’s development activity has been declining over time. The long-term price of ETH should continue to fall as a result of this report. Ethereum has been gaining momentum despite the report, though. This proves that traders and investors continue to trade ETH extensively. The […]
Ethereum energy usage has drastically decreased with the completion of the merge upgrade. In contrast to other coins except for stablecoins, Ethereum now serves as both a low-energy consumption coin and a haven, particularly during times of market turbulence. Key Ethereum Levels To Watch – December 19 A Blockchain investigator named Peckshield revealed today on […]
One of the most important features the Ethereum Merge aims at incorporating into the network is “sharding.” In a recent blog post, Ethereum explained what sharding is and other important information about the blockchain feature. What is Sharding? According to Ethereum, sharding is the process of dividing a database horizontally to spread its load across […]
Ethereum currently is bearish. The bearishness started in 2021 and has lasted till date and will continue for the rest of this year and the year 2023. Even on the day of the Merge, ETH plummeted furiously. The most important reason for the bearishness is crypto winter. During crypto winter, ETHUSD will be trending downwards […]
Summary: The big upgrade to Ethereum — a.k.a. “The Merge” — is planned to be a once-in-a-lifetime switch from Proof of Work to Proof of Stake, making Ethereum more energy-efficient and potentially much more valuable. Three ways to invest now: buy ETH, stake ETH, or invest in the top staking companies. Windows 95 was a […]
