Fidelity has filed with the SEC to add staking capabilities to its Ethereum ETF, which manages over $898 million in assets. The fund would stake most of its Ethereum holdings, keeping 85% of staking rewards and distributing them quarterly to investors after operational costs. This move comes amid debate over EIP-8363, a proposal that could reduce staking yields if staked ETH exceeds 50% of supply. Meanwhile, Ethereum shows technical signs of a potential price breakout, supported by recent large purchases from investors like Bitmine.
Ethereum's tokenization of real-world assets (RWA) has grown to over $17 billion, with a 0.5% increase in Distributed Asset Value over the past 30 days. This growth has driven a nearly 5% rise in RWA holders and an 18% increase in transfer volume, co...
Ethereum is approaching a possible golden cross, where the 50-day moving average could cross above the 100-day moving average, signaling a positive trend. However, ETH must break through resistance around $1,920–$1,950 to confirm this bullish signal....
Cryptocurrency market prices show a general downward trend with Bitcoin trading at $62,805, down 1.2%. Ethereum and Binance Coin also saw slight declines. Notably, UNI token dropped sharply by 10.8%, and BEAT fell by 32%. Some tokens like ATOM and VV...
Bitcoin fell to its lowest level since August 3, dropping below $63,000, as spot bitcoin ETFs experienced $192 million in consecutive outflows for the first time since late July. Despite U.S. stocks rising on cooler producer price inflation data, cry...
Ethereum fell 2.4% to $1,872 following the US Consumer Price Index release, which matched expectations and triggered profit-taking. Exchange holdings rose slightly, indicating moderate selling, with small wallets distributing 160K ETH while large hol...
