Ethereum staking has reached a new high of 41.7 million ETH, representing about one-third of its circulating supply, even as the price dropped from $3,400 to $1,900 since January. This growth is driven by reinvested staking rewards and increased participation from corporate treasuries and institutions. The rise in staking has sparked debate over Ethereum's issuance policy, with proposals like EIP-8363 aiming to reduce rewards as more ETH is staked. Meanwhile, regulated U.S. products are making staking more accessible, potentially locking up more ETH from liquid markets, though price gains are not guaranteed.
Ethereum's native token, Ether (ETH), is poised for a 20% rally following a breakout from a bull flag pattern, which has already driven an 85% price increase since June. The breakout suggests a potential upside target near $3,250, a previous resistan...
Ethereum futures open interest on Binance has surged to $6.58 billion, the highest in over nine months, driven by a price breakout above $2,700. This 37% increase since late August reflects renewed bullish sentiment and growing participation in Ether...
A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...
Bitcoin and major cryptocurrencies rallied strongly, with Bitcoin reaching around $85,700 and many altcoins up 10% or more. Investor Kevin O'Leary forecasted Bitcoin could hit $1 million if the crypto industry addresses the potential future threat of...
Ethereum surged 6% to $2,719 on September 21, breaking a key resistance level at $2,672 following Bitcoin's rise above $85,000. This triggered a major short squeeze, liquidating over $700 million in crypto positions within 24 hours, with $313 million...
