Ethereum staking activity is rising, and price is moving in tandem
While there are rewards to be reaped from staking, the sheer scarcity it will drive in the supply of Ethereum is considered a crucial selling point that can help drive the price of the token to new heights.Ethereum and Bitcoin dominance
Despite its latest upgrades and higher protocol utility, Ethereum is still somewhat subjected to the dominance of Bitcoin in the industry. At the moment, there seems to be a break in both digital currencies' price correlation. While Ethereum is up by 1.50% over the past 24 hours, and by more than 10% in the week-to-date period, Bitcoin has only managed a 0.74% growth WTD. This slowing correlation is good for ETH as its whales can easily aid its push-up through targeted buy-ups.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ethereum (ETH) Tapped New 11-Month High, Bitcoin (BTC) Slips Below $30K: Market WatchAvalanche (AVAX) is the best performer from the larger-cap alts, pumping 6% in the past 24 hours.
Leer más »
Ethereum (ETH) Jumps to New 11-Month High, Here's Why This Is Whale DrivenEthereum's steady uptrend post Shapella upgrade is whale driven, here's how
Leer más »
1 Million Ethereum (ETH) Withdrawn Since Shapella, Here's How Price ReactedEthereum price reacts after 1 million ETH shifted post-Shapella era $ETH ShanghaiUpgrade Altcoins
Leer más »
Ethereum is up 15% versus Bitcoin since Shapella — More ETH price gains ahead?Ether stakers have withdrawn $1.21 billion worth of ETH from Ethereum staking contracts since the Shapella upgrade.
Leer más »
ETH staking passes withdrawals for the first time after Shapella upgradeOut of the 1 million withdrawn ETH, 3 addresses re-staked ETH with a total of 19,844 ETH. 3 addresses transferred ETH to CEX after withdrawal, with a total of 71,444 ETH sent to different exchanges.
Leer más »
Ether hits 11-month high as post-Shapella withdrawals pass 1M ETHEther withdrawals from the Beacon Chain have now hit 1 million ETH worth $2.1 billion just four days after the April 12 Shapella hard fork which has pushed Ether to its highest price in 11 months.
Leer más »