ETH 2.0 Staking Continues to Climb as Burned ETH Breaks 73k

2021-8-22 13:00

Ethereum has seen its price recover and stabilize back over $3,000 as burned ETH and Staked ETH continue to climb.

Ethereum’s price has seen a favorable climb over the last thirty days. The crypto has surged nearly 75% from 22 July until 21 August. Ethereum has sky-rocketed from $1,800 up to its current price of $3,265.    

Source: Tradingview ETH Burned surpasses 73,000

Key reasons for ethereum enjoying positive price action can be credited to the recent London hard fork upgrade, which now sees ethereum being burned daily. Since the upgrade, ethereum has burned a total of 73,569 ether, or $240 million. That is an additional 27,551 Ether burned in the past week. 

Source: EthBurned Staking platform continues to grow  

The Ethereum 2.0 staking platform has also seen an addition of nearly 200,000 more ethereum added to the total ETH being staked on the staking platform. The total being staked now sits at 7,092,551 ethereum. That amounts to a value of $23.5 billion. The total number of validators also jumped. The platform saw an increase of 5,495 new validators since last week. The total number of validators now sits at 214,490. The current Annual Percentage Rate (APR) of staking on the platform sits at 5.9% 

ETH on exchanges declining 

Ethereum is currently hitting a shortage, as the crypto continues to see its supply being removed from exchanges. Glassnode recently reported that “Exchange ETH balances have now declined to reach an all-time low of 13% of the circulating supply this week, equivalent to 15.3M ETH.”
Notably, VanEck has also recently filed another ETF application with the U.S. SEC. The ETF is a futures-based Ethereum ETF, called the Ethereum Strategy ETF.

The post ETH 2.0 Staking Continues to Climb as Burned ETH Breaks 73k appeared first on BeInCrypto.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Ethereum (ETH) на Currencies.ru

$ 1765.44 (+0.20%)
Объем 24H $12.195b
Изменеия 24h: -0.26 %, 7d: 11.74 %
Cегодня L: $1752.58 - H: $1791.34
Капитализация $213.059b Rank 2
Цена в час новости $ 3157.37 (-44.09%)

eth climb burned staking 73k breaks continues

Источник: beincrypto.com

eth climb → Результатов: 96


Ethereum “Anti-Network Effect” Shows “DeFi Has Outgrown” The Altcoin

Ethereum broke out over the weekend and looks primed to follow in Bitcoin’s footsteps by shattering its former all-time high and soaring far higher. But while Bitcoin prices climb, there has been minimal impact on the underlying network, nor has there been a sizable increase in fees that characterized the 2017 peak. Meanwhile, ETH gas […]

2021-1-5 23:00


Ethereum Open Interest Rebounds as Analysts Eye an Explosive Upside Movement

Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week. This has caused Ethereum’s open interest...

2020-6-9 02:00


$340: Ethereum Poised for a 100% Rally as 6 Months of Accumulation Comes to an End

Ethereum (ETH) along with most other major altcoins has been able to post a decent climb today, with the crypto rallying into the $170 region while Bitcoin pushes up towards $9,000. It is important to note that this rally may just be getting started, as one prominent cryptocurrency analyst explained in a recent tweet that... The post appeared first on NewsBTC.

2020-1-28 04:00


These Simple Factors Suggest Ethereum Will Soon See a Major Bull Movement

Ethereum has been outperforming Bitcoin over the past 24-hours, posting a massive upwards movement that has allowed it to secure a position within the $170 region, which marks a notable climb from ETH’s recent lows around $120 that were set in the final weeks of 2019 Analysts are now noting that they anticipate Ethereum’s upwards... The post appeared first on NewsBTC.

2020-1-18 20:30


This Indicator Signals the Ethereum Bear Market is Over, But Will an Insane Rally Follow?

Despite the lackluster price action seen by Bitcoin over the past several days, Ethereum (ETH) has been able to climb back above its previous resistance level at $130 and find some decent buying pressure at this price region, which has come about after an extended period of trading sideways just above its key support level... The post appeared first on NewsBTC.

2019-12-31 00:00


Bitcoin [BTC], Ethereum [ETH], XRP remain far from their all-time highs as Binance Coin [BNB] breaks records

The cryptocurrency market’s climb back from the crypto-winter of 2018 has been the highlight of 2019, with Bitcoin [BTC], the world’s largest cryptocurrency, leading the charge. Recent analysis however, showed that most cryptocurrencies were still a long way away from their all-time highs achieved during the fag end of 2017, and the beginning of 2018.

2019-5-28 13:30


дальше еще 47 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

BTC On-Chain Analysis: NUPL Supports Continuation of Bull Market

A look at on-chain indicators for both Bitcoin (BTC) and Ethereum (ETH) in order to make sense of the current market movements. Net Unrealized Profit/Loss (NUPL) has moved above the 0. 5 threshold once more, possibly signaling the continuation of the bull run.