Ethereum is trading at critical levels after a period of heightened volatility that has left traders and investors on edge. The price has been swinging between key resistance and support zones, reflecting a market torn between optimism for another leg higher and caution over potential short-term corrections. While sentiment remains divided, on-chain data paints a…
In recent months, the Ethereum staking landscape has witnessed significant transformations, prompting a shift in investor preferences and reshaping the sector’s dynamics. According to on-chain data researcher and strategist at 21Shares, Tom Wan, key metrics indicate a notable change in the approach towards Ethereum staking, with restaking gaining prominence as a preferred method. Ethereum Restaking…
Ethereum is well on its way to the Merge as more milestones are met. The move to proof of stake will no doubt be a game-changer for the blockchain. So As the day for the merge draws closer, users of the network have been upping their activity in recent times. One of the places where…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His…
Ethereum is consolidating just below $2,400, holding in a range that has defined its price action for the past several sessions as the market waits for a catalyst to determine the next directional move. The chart looks patient. The on-chain data is anything but. Related Reading Data from Arkham Intelligence reveals that Bitmine staked another…
The total amount of Ethereum (ETH) staked on Lido Finance, one of the many liquidity staking protocols available, has risen steadily over the past few years. Surprisingly, revenue accrued by the platform (compared to staking rewards distributed) remains comparatively low. Lido Finance Revenue Isn’t Growing As Fast As Expected Looking at Token Terminal data shared on October…
Ethereum (ETH) is trading at critical levels after a sharp rally from $3,800 to $4,700 in just a few days, marking one of its strongest moves in recent months. The swift rebound highlights renewed strength from bulls, who now appear firmly in control of the market’s short-term direction. As ETH approaches key resistance zones, analysts…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
According to on-chain data from DefiLlama, Ethereum liquid staking derivatives have grown in total value in recent months, with the total crypto locked closing in on record numbers. Liquid staking derivatives platforms now have more than 10 million ETH locked, making the total value locked (TVL) close in on $20 billion across various protocols. ETH…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…