Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs
The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said.
The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said.
While bitcoin appears positioned to trade flat, ether shows indications of being in an uptrend.
The drop comes as the number of staked ether has surged.
Staking refers to locking coins in the blockchain network in return for rewards.
OETH is a yield-bearing, ether-pegged token, offering an easy way to maximize yield from ETH staking using protocols, such...
As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will...
Ether staking trends following the Shanghai upgrade have beaten expectations, the report said.
Demand for staking ether has surged, resulting in wait times of over a month for a 5% annualized yield...
The divergence comes amid a meme coin frenzy that has pushed up fees on the Ethereum blockchain.
The move worked out in the end as the entity is sitting on a fat profit of several hundred...
Deribit's forward-looking ether volatility index (ETH DVOL) hit lifetime lows over the weekend. Expectations for price turbulence appear underpriced...
Two weeks after the upgrade, the options market is assigning a slightly more negative sentiment to ether.
At least four wallets from bitcoin’s early days have seen signs of activity in the past few days.
The influx into ETH staking was mainly driven by deposits from institutional staking platforms and reinvesting rewards, crypto analysts...
From a fundamental perspective the weaker correlation supports diversification arguments in favor of holding both BTC and ETH, the...
On Monday, the decentralized Ethereum-based staking protocol deployed Atlas granted users access to their staking rewards and lowered the...