Tag: ethereum staking

Jan 23 2023

Ethereum Staking Service Providers Make Up Over 70% Of Staked ETH Supply

Data shows more than 70% of the total staked Ethereum supply is contributed by staking services, with Lido accounting for the most amount. Ethereum Staking Service Providers Have Locked In A Total Of 11.4 Million ETH Last year, ETH successfully completed a transition to a Proof-of-Stake (PoS) consensus mechanism, which meant that...

Sep 21 2022

Ethereum Merge Puts Spotlight On Potential Centralization Issues

The Ethereum Merge has been successfully completed and the network has been operating on a proof of stake mechanism for about a week now. The success of the upgrade has been lauded by many in the community who have praised the resourcefulness and the innovation of the Ethereum developers. However, it seems the more time Ethereum spends as a proof of stake network,...

Aug 31 2022

Total Staked ETH More Than Doubles Ahead Of Ethereum Merge

Staking ETH had first begun on the Ethereum network about two years ago when the move to proof of stake was officially put in motion. Since then, the amount of ETH staked on the network has ramped up. By 2021, the total staked ETH on the Ethereum network had surpassed 5% of the total circulating supply. Despite growing so much already, it is...

Aug 30 2022

Largest Ethereum mining pool opens up staking ahead of the Merge

Ethermine, the largest Ethereum mining pool in the world, has announced the launch of a staking service on its platform. In an announcement published earlier today, the company said that Ethermine Staking will enable users to earn interest on their ETH as if they were staking it, without having to put down the 32 ETH to become an official validator. Ethermine said the...

Aug 01 2022

What is Lido Finance? Step by Step- How to Stake Ethereum on Lido Finance

Aug 01 2022 Published at CryptoTicker under tags  altcoin crypto ethereum ethereum staking ldo

In the financial world, some people chase high-risk assets because they also deliver high returns. They also tend to merge those risky assets with secure ones, to lower their risk. Conventionally, investors used to have savings accounts that offered them interests. In today’s economic world, developed nations’ interest rates average around 2% per year. This article is all about...

Jul 30 2022

Ethereum 2.0 Locked ETH Is Holding $15 Billion In Losses

Data shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back. Realized Price Of ETH 2.0 Deposits 44% More Than Normal Supply As per a special report released by Glassnode and CoinMarketCap, the Ethereum locked into the 2.0 contract is holding heavy losses right now. A relevant metric...

Jul 11 2022

Ethereum 2.0 Weekly Deposits Have Slumped Down To Lowest Ever

Weekly deposits of the Ethereum 2.0 staking contract have been going down recently due to the plunging price of ETH, and are now at the lowest value ever. Ethereum 2.0 Contract Is Now Observing Only 122 32-ETH Deposits Per Day As per a report from analytics firm Glassnode, the ETH 2.0 average deposits have sharply dropped off recently as the crypto's price...

Jun 14 2022

Lido staking dominance could put Ethereum at risk

Jun 14 2022 Published at CryptoSlate under tags  defi eth 2.0 ethereum ethereum staking lido

Ethereum staking protocol Lido's dominance of staking has the potential of putting the entire blockchain at risk of a centralized attack when it eventually becomes a proof of stake network, an article...

May 30 2022

How To Stake Ethereum Using Lido Finance

As the Ethereum merge approaches, we will walk you through the simple process of staking Ethereum using Lido Finance. Not everyone has the 32 ETH needed to bet directly on the Beacon Chain or Phase 0 of the network transition to Ethereum 2.0 and a Proof-of-Stake (PoS) consensus mechanism. To cater to this community of […] The post How To Stake Ethereum Using...

Mar 24 2022

Ethereum Bullish Signal: ETH 2.0 Staking Rate Spikes Up

Mar 24 2022 Published at Bitcoinist.com under tags  bitcoin eth eth 2.0 ether ethereum

Data shows the staking rate of the Ethereum Proof-of-stake contract (formerly called the ETH 2.0 upgrade) has surged up recently, a sign that could be positive for the crypto's price. Ethereum 2.0 Staking Rate Surges Up As Inflows Spike As pointed out by an analyst in a CryptoQuant post, the ETH staking rate has...

Mar 11 2022

Reddit Community Predicts Ethereum’s Merge Could Happen in June 2022

In brief: A community member of the r/ethstaker Reddit community has predicted that Ethereum's merge could happen in June of this year The prediction outlined five reasons as to why June was a plausible timeframe for the merge between the current Ethereum mainnet using Proof-of-work, with the Beacon chain that uses Proof-of-Stake The highly anticipated switch of Ethereum from a proof-of-work network to...

Feb 24 2022

Ethereum Staking Yields To Double Post-Merge, Says Coinbase

Ethereum staking is the backbone of the new network and users have been earning rewards by staking their ETH ahead of the merge. As time has gone on, rewards for staking have reduced, with the current rewards sitting around 4-5% for stakers. However, crypto exchange Coinbase sees this changing for the better once the merge is completed sometime in 2022 and offers better...

Dec 26 2021

Top 5 BEST Staking Coins for 2022 – Get your Hands on THESE!

The proof-of-stake consensus mechanism was a big leap forward in the field of cryptocurrencies. This makes transactions cheaper and more efficient. Furthermore, staking cryptocurrencies offers investors the opportunity to generate high...

Sep 21 2021

Value Of ETH Staked Ahead Of Ethereum 2.0 Jumps 25% In One Month

Ethereum 2.0 is still far on the horizon. Scheduled to occur in 2022, the project has experienced numerous delays that have pushed back its release date further. This has although not been a deterrent for investors in Ethereum to invest their coins on the network. The amount of staked coins on the network has been on a steady rise, especially in 2021. Accelerated...

Mar 15 2021

StakeWise Guide: Ethereum 2.0 Proof of Stake Pool & Solo Staking

Mar 15 2021 Published at Blockonomi under tags  eth ethereum ethereum staking guides stakewise

As the launch of the Ethereum 2.0 upgrade is coming closer, it is driving the crypto world crazier than ever. With StakeWise, staking ETH is simple and convenient, and investors are protected as their coins’ value is fully covered. The biggest question is, how an ETH holder can stake his Ether and get them back [...] The post StakeWise Guide: Ethereum 2.0 Proof...

Feb 17 2021

CME Ethereum Futures Daily Trade Volume Hits $75.8M, OI Rises to $62M

In brief: The daily trade volume of the CME Ethereum futures hits $75.8M 9 days after launch Open interest on the CME Ethereum futures has hit $62M These numbers point towards institutional demand for Ethereum trading products Grayscale has accumulated 194,522 ETH in the last 30 days further confirming institutional demand It has been roughly nine days since the CME Ethereum futures were...

Dec 04 2020

ETH Held By the Top 10 Ethereum Whales Drops from 16.4% to 4.5%

Quick take: The amount of Ethereum held by the top 10 ETH whales has dropped from 16.4% of the total supply to 4.5% in one month This is a case of redistribution as more ETH addresses are created Whales transferring their ETH to ETH2.0 explains the redistribution further Ethereum is once again battling to reclaim $600 The amount of Ethereum held by the...

Dec 02 2020

Ethereum Addresses Holding One or More ETH Hits New ATH of 1,174,377

Quick take: The number of Ethereum addresses holding one or more ETH has hit a new all-time high of 1,174,377 The increase is due to the progress of ETH2.0 and the potential of staking Ethereum The popularity of DeFi is also behind the increment of addresses holding at least one ETH The value of ETH has rebounded from yesterday's sell-off and is attempting...

Dec 01 2020

How to Stake Ethereum on ETH 2.0 using Binance

Dec 01 2020 Published at CryptoTicker under tags  binance crypto education eth 2.0 ethereum

The Phase 0 of ETH 2.0 successfully launched today, bringing a long awaited update to fruition. The updated version of Ethereum relies on the Proof of Stake consensus as opposed to the older version's Proof of Work. However...

Nov 27 2020

Ethereum’s ETH2.0 Deposits Hit 148% of Required 524,288 ETH

Quick take: Ethereum investors continue sending ETH to the ETH2.0 staking contract This is despite the minimum threshold of 524,288 ETH been met 775,232 ETH is currently locked in the contract which is 148% of the required amount According to Weiss Ratings, the high deposits means everyone wants to get onboard Continual deposits is a clear sign of investor confidence in Ethereum The...

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