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Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured

Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured

US-based Kraken has been among the crypto exchanges that has welcomed Ethereum 2.0 staking with open arms.

Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade

Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade

Ethereum wallets containing 32 more or more ETH, the amount needed to stake a validator node under the upcoming ETH 2.0 upgrade has hit an all-time high. The number of Ethereum network balances with 32 ETH or more has been nearing 120,000, in anticipation of the proposed ETH 2.0 update. Validating nodes will be replacing miners in the current proof-of-work system to validate transactions to maintain the Ethereum blockchain. Over the year, the number of wallets holding at least 32 ETH has risen around 15 percent, according to Nansen AI. Although the ETH 2.0 upgrade has been delayed several times, the major upgrade is expected to be deployed in July.

Ethereum’s Bull Run to Continue as Massive Balance of Ether Moved Off of Exchanges for ETH 2.0 Staking

Ethereum’s Bull Run to Continue as Massive Balance of Ether Moved Off of Exchanges for ETH 2.0 Staking

As Ethereum 2.0 Phase 0 is nearing its launch, the Ethereum community has locked up more than $13 million of Ether in the network in 24 hours.

Yearn.finance Proposal to Create ETH 2.0 Validator Vault Could be a Game-Changer for Staking

Yearn.finance Proposal to Create ETH 2.0 Validator Vault Could be a Game-Changer for Staking

Retail investors could soon have the opportunity to earn on ETH 2.0 if a proposal on Ethereum 2.0 validator vault on Yearn passes.

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

MahaDAO Shares Details of Staking Program That Delivers 40% APY

MahaDAO Shares Details of Staking Program That Delivers 40% APY

MahaDAO, the crypto collateralization and valuecoin minting protocol, is to launch a staking program for its native governance token. Holders of MAHA, which was issued to the community in an Initial DEX Offering (IDO) last week, will be able to stake their assets for a 90-day period and earn a yield of close to 40%.

PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

In stocks, company profit margins and operating expenses are top priorities in fundamental analysis. Fundamental analysis in forex currencies could involve looking at each nation's GDP or country's political health. Commodity fundamental analysis looks at supply, demand, and environmental factors.

Huge Worries As Some Coinbase Customers Express Dissatisfaction Over $10 Maximum Daily Limit

Huge Worries As Some Coinbase Customers Express Dissatisfaction Over $10 Maximum Daily Limit

According to ongoing reports and speculation from some quarters in the cryptocurrency world, as regard allegations being brought against Coinbase, the United States San Francesco based cryptocurrency giant exchange and wallet service of restricting some clients to a maximum withdrawal of $10 per day.

Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods

Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods

Recent China floods did not affect the Bitcoin network hash rate. However, some miners were not spared as they were wiped out.

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.

Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Although taking a slight dip earlier on in the year, Ether has remained a high performer in 2020, while outpacing the gains made by Bitcoin.

38 Million XRP Tokens Dumped by Ripple Co-Founder Jed McCaleb, When Will His Supply Run Out?

38 Million XRP Tokens Dumped by Ripple Co-Founder Jed McCaleb, When Will His Supply Run Out?

Amid the SEC lawsuit, Ripple’s former Chief of Technology Officer (CTO) and co-founder Jed McCaleb has been getting rid of his XRP stash at a steady rate.

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