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BitPay Implements First Major PoS Option in Canada
A Canadian luxury fine jewelry brand is now accepting Bitcoin as a means of payment at eight stores across the country. Birks Group partnered with BitPay to process all Bitcoin transactions made by customers. Canadian Luxury Jewelry Brand Partners With BitPay to Accept Bitcoin Leading the luxury jewelry retail sector in Canada since 1879, Birks…
Ethereum Might Endure $5 Billion Promote Strain As Exit Queue Crosses 1 Million ETH
Ethereum is staring down one of its most significant supply risks as more than 1 million ETH, valued at $5 billion, lines up for withdrawal from staking. The unprecedented exit queue has ignited debate over whether the network could face a wave of selling pressure or if the movement marks a rotation of capital within…
Ethereum Staking Reaches 16.16 million ETH Ahead of Shanghai Upgrade
According to Glassnode on-chain data, Ethereum staking has reached an all-time high of over 16.16 million ETH which has been deposited into the beacon chain.  The 16.16 million ETH figure consists of over 13.28% of the total Ether supply and represents $26.13 billion at current prices. As per the data, out of the 16 million…
Staking a Future on Ethereum: How ETH Will Advance Digital Financing
Ethereum was once touted as ‘the world computer’ but as yet it has failed to live up to that lofty ambition. It has been a big ask for a platform that is just a few year old but Ethereum appears to be evolving into more of a ‘world bank’ through its next consensus mechanism upgrade…
Ethereum Signs Up Enormous Inflows Although It reveals Subtlety
The second largest cryptocurrency is making a new wave in space in inflows, Ethereum and its related products recorded massive inflows for a second week consecutively. CoinShares’ weekly fund flow report data indicated a total inflow of $5.6 million for Ethereum and its related products. Data for the overall investment products of digital assets was…
Ethereum Signs Up Huge Inflows Although It Reveals Subtlety
The second largest cryptocurrency is making a new wave in space in inflows, Ethereum and its related products recorded massive inflows for a second week consecutively. CoinShares’ weekly fund flow report data indicated a total inflow of $5.6 million for Ethereum and its related products. Data for the overall investment products of digital assets was…