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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.

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.

Ripple to Cash In One-Third of its Stake in MoneyGram

Ripple to Cash In One-Third of its Stake in MoneyGram

Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.

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%.

Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH

Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH

An Ethereum user has found himself paying $9,500 in transaction fees to send only $120 of Ether.

Ripple Whale Moves 40 Million XRP to Bitstamp Crypto Exchange After Being Dormant for Years

Ripple Whale Moves 40 Million XRP to Bitstamp Crypto Exchange After Being Dormant for Years

Blockchain analytics picked up an unusual Ripple transfer of 40 million XRP.

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License

Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.

Ethereum Surges Past $700 for the First Time since 2018, ETH Supply on Exchanges Diminishes

Ethereum Surges Past $700 for the First Time since 2018, ETH Supply on Exchanges Diminishes

New data by Santiment reveals that the current ETH price rally has not been witnessed since May 19, 2018 as supply on exchanges sink to a 1.5-year low.

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