Ethereum 2.0 Smart Contract Deposit Surpasses 300,000 ETH

Ethereum 2.0 appears to be gaining momentum as more investors are staking their ETH in the deposit smart contract. At the moment, the Ethereum 2.0 deposit contract has reached 55% (302,848 ETH) of its target with the bulk of deposits taking place over the weekend. Major Milestone for Ethereum BTCManager had reported earlier in November, Ethereum launched a deposit contract […]

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Ethereum whales move $530M as staking on deposit contract gains steam

It has been a good few days for crypto-proponents. Not only Bitcoin, the world’s largest cryptocurrency, surged to height unseen since the heydey of the bull run, but the market’s altcoins have rallied too. Ethereum, the world’s largest altcoin, was among the cryptocurrencies to surge on the charts, with ETH climbing over $500 yesterday. However, dramatic price movements often are […]

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Ethereum’s price isn’t helping ETH 2.0 staking, here’s why

Deposits to the ETH 2.0’s deposit contract have grown considerably over the past few days, which witnessed the most growth since the contract launch recently. Source: Dune Analytics Over 102k ETH has now been sent to the ETH 2.0 deposit contract, however, despite this, considering the current pace of staking, many remain uncertain that the target of 524,288 ETH from […]

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Ethereum long-term Price Analysis: 17 November

Ethereum is currently consolidating above $460 over the past couple of days. On 15th November, the asset did re-test a low below $450 but now it looks lively again for a rally upwards. However, amidst such a bullish scenario, it continues to be difficult to ignore the bearish signs that were evident in the analysis. Ethereum 12-hour chart Source: ETH/USD […]

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Here’s what’s keeping Ethereum in the green?

After clocking in a new local top at $476, Ethereum’s price has been tepid over the past week. Clocking in a weekly change of 0.96% drop, Ethereum might be indicative of a correction period with Bitcoin but larger market sentiment remained poles apart with respect to the price. Source: Skew According to recent Skew data, 13,184 ETH are currently locked […]

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