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“# ETH breaks multiple records as ETH 2.0 approaches ” Ethereum (ETH) has hit multiple records amid news that ETH 2.0 could launch as early as Dec 1, according to crypto analytics firm Glassnode. Today’s launch of the deposit contract introduced the ability for users to deposit 32 Ether required to participate in staking. ETH…
“# $5M staked in eight hours as community cautiously backs ETH 2.0 ” The long awaited deposit contract for Ethereum 2.0 has finally been deployed opening the doors to staking opportunities for ETH holders. Deposits began in earnest with over $1 million in ETH landing in the contract within the first half an hour according…
“# Did the Eth 2.0 deposit contract just launch? ” Excitement is stirring in the Ethereum community after the deposit contract was apparently posted on Github, however the lead developers are yet to officially confirm the deployment. Ethereum developers have warned in the past about the danger of fake deposit contracts, so users should not…
“# Here’s why Ethereum bulls don’t care about Friday’s $40M ETH options expiry ” In the last few days Bitcoin (BTC) price rallied within a hair of the $14,000 level and Ether (ETH) followed with a similarly strong performance but the altcoin failed to hold above the $400 physiological support. Bitcoin and Ethereum year-to-date performance….
“# High DeFi yields could threaten ETH 2.0 staking participation: ConsenSys ” The rise of DeFi and high yielding liquidity provision opportunities could act as a barrier to participation in staking when ETH 2.0 Phase 0 finally launches according to a new report. The ConsenSys Q3 DeFi Report has taken a deep dive into emerging…
“# Ethereum miners made 450K ETH from high network fees during DeFi peak ” Ether (ETH) miner revenue skyrocketed during the month of September according to data from glassnode, an onchain analytics resource. While the price of Ether did not rise significantly during this time, miners on the Ethereum network saw their revenue increase due…