Ethereum staking rewards are experiencing an unprecedented rise, and here’s what’s driving it. According to a report by The Block published earlier today, a remarkable development has occurred in the Ethereum network this week, with staking rewards achieving an annual yield of 8.6%. This new record, unseen since The Merge, is largely attributed to a sharp rise in on-chain gas […]

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continued to trade flatly towards the weekend, extending a two-week-long period of lacklustre price volatility. Since plunging following the Shanghai-Shapella upgrade, the asset’s outlook has continued to weaken, with its price bouncing between $1,825 and $1,930. This weakness has resulted from various issues, key among them exchange inflow, which could be fuelling […]

Despite being off to a good start this month, Ethereum has witnessed a significant pullback. Mid this month, the cryptocurrency surged to a ten-month high of $2,140 thanks to the hype around the Shapella upgrade before collapsing by roughly 17%. Nonetheless, whereas such pullbacks are historically appreciated, especially considering investors often “buy the rumour and sell the news”, some signs […]

The Shanghai update has been implemented in the Ethereum blockchain giving validators access to their staked assets and rewards. The SEC and CFTC hounding down on the staking arm of digital asset companies will lead to decentralization in the wake of the Shanghai upgrade. Analysts and users on most centralized trading platforms express mixed feelings concerning the new developments in […]

On April 13, crypto analytics firm Santiment took a closer look at Ethereum’s price moving above $2,000 for the first time in eight months. This increase coincided with Bitcoin’s price crossing $30,000 after a 10-month gap. Traders are now wondering if Ethereum’s growth is just a temporary event or the beginning of a longer upward trend that could bring it […]

Ethereum’s Shapella upgrade is just around the corner, but what does it mean for Ethereum ($ETH) staking? The Shapella fork consists of two conjoined upgrades: Shanghai, which includes Ethereum Improvement Proposals (EIPs) related to the execution layer, and Capella, a major update to Ethereum’s consensus layer. The most notable EIP set to be implemented in Shapella is EIP-4895, which enables […]

John Deaton, a prominent highly-respected attorney closely monitoring the U.S. SEC’s lawsuit against FinTech firm Ripple, has shared his thoughts on why $XRP and $ETH should not be considered securities. Deaton, Managing Partner of Deaton Law Firm, is the founder of CryptoLaw, a website focusing on U.S. legal and regulatory developments for digital asset holders, and the host of the YouTube channel […]

A well-known crypto analyst who successfully predicted Bitcoin’s 2018 bottom is anticipating a significant rally for Ethereum ($ETH). As The Daily Hodl reported earlier today, the crypto analyst, operating under the pseudonym “Bluntz”, has informed his over 221K Twitter followers that Ethereum seems to be completing its correction and is poised for a significant surge. According to his technical analysis, […]

Microsoft is reportedly developing a built-in Ethereum crypto wallet for its Edge browser, enabling users to send and receive cryptocurrencies and NFTs without additional extensions. Currently, in a limited testing phase, the wallet is a non-custodial solution, giving users complete control over their funds. According to a report by BleepingComputer, this experimental feature of the Edge browser was discovered by […]