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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.

More Than 700,000 ETH Staked for Ethereum 2.0 Launch

More Than 700,000 ETH Staked for Ethereum 2.0 Launch

The amount of Ethereum (ETH) locked up in the smart contract needed to transition to a proof-of-stake protocol from the current proof-of-work has surpassed the 700,000 mark.

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.

Total Value of Ethereum in ETH 2.0 Tops 3 Million Ether

Total Value of Ethereum in ETH 2.0 Tops 3 Million Ether

The total value of Ethereum locked in Ethereum 2.0 tops 3 million Ether and currently pegged at 3,000,034 ETH.

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4.

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%.

Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi

Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi

New data by on-chain data provider Glassnode reveals that the number of crypto addresses holding more than 100 ETH has hit a 19-month low of 45,518.

ETH and XRP Price Analysis: November 25, 2020

ETH and XRP Price Analysis: November 25, 2020

Following an impressive week-long growth, ETH and XRP are now slowing their paces. This piece explores the TA behind the current price dip.

Ethereum Retests Support as ETH Whales Remain Patient While Altcoin Market Slumps

Ethereum Retests Support as ETH Whales Remain Patient While Altcoin Market Slumps

In the past 24 hours, the cryptocurrency market has faced a steep correction, with Bitcoin (BTC) losing over 3%, and Ethereum (ETH) dropping over 5%.

Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?

Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?

According to a report by ConsenSys, high yields gained from DeFi protocols running on the Ethereum blockchain may be problematic for ETH 2.0 in the long run.

Ethereum Gains $10M Investment as 20% of ETH 2.0 Target Staked, Vitalik Buterin Discusses Expectations

Ethereum Gains $10M Investment as 20% of ETH 2.0 Target Staked, Vitalik Buterin Discusses Expectations

With just a week and a half to go before Ethereum 2.0’s launch, the number of staked Ether (ETH) have been growing slowly, recently just topping 100,000.

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