Grayscale supports proposed caps on Ethereum staking rewards, believing it would reduce ETH inflation and enhance its value as a store of value. The firm warns that excessive staking could be counterproductive, increasing centralization risks and inflation. Currently, about 31.6% of ETH is staked, with net issuance around 1 million ETH annually. The changes are part of Ethereum's long-term plan to improve network efficiency and competitiveness, but successful execution will be key to its future success.
Clear Creek Financial Management disclosed $15.1 million in crypto exchange-traded funds (ETFs) across Bitcoin, Ethereum, XRP, and Solana in its latest US regulatory filing. Bitcoin ETFs led with about $10.4 million, primarily in Bitwise’s BITB fund,...
Cryptocurrency markets saw a general decline with Bitcoin falling 1.72% to $63,743 and Ethereum down 1.24% to $1,916. Several altcoins experienced sharper drops, including SHIB down nearly 7% and NEAR down over 7%. Stablecoins remained steady around ...
Arthur Hayes, former BitMEX CEO and current CIO of Maelstrom, purchased an additional $6.39 million worth of ether (ETH), increasing his total July purchases to 7,213 ETH. Despite currently holding a $301,000 paper loss on these positions, Hayes is b...
Ethereum (ETH) is trading around $1,881 after a recent 4.24% drop, maintaining demand despite short-term pullback. It faces critical support between $1,850-$1,870 and resistance near $1,900-$2,000, with whale traders split between longs and shorts, i...
Institutional investors are increasingly allocating capital to Ethereum (ETH) spot ETFs, with recent inflows totaling around $96 million over three days and an additional $9.23 million on July 27. This shift contrasts with Bitcoin (BTC) funds, which ...
