Ethereum’s staking pool dynamics have undergone a significant transformation amidst the buzz surrounding Binance and CZ’s legal challenges and the heightened regulatory scrutiny on centralized exchanges. Over the past few weeks, there has been a discernible shift in the dynamics of the Ethereum staking pool that indicates a significant slowdown in the rate of validator growth. Due to this change, there was a decrease in the daily issuance of Ethereum (ETH), which was a direct result of the volume of ETH that was actively staking in the pool. Ethereum Validator Exodus: What’s Going On? Accordin ..read more

Ethereum co-founder Vitalik Buterin has outlined an ambitious set of proposals for the Ethereum network, focusing on addressing crucial issues such as staking centralization, scalability, and enhancing security. During an interview with the NFT platform Defiant in Turkey, Buterin highlighted the need for an overhaul of Ethereum’s staking mechanism to improve decentralization. “We need to foster healthier staking pools,” he emphasized, adding that one of the biggest changes “is the realization that there needs to something done about staking centralization, the status quo of the different pools ..read more

A dormant Ethereum (ETH) wallet containing thousands of coins collected during the network’s token generation event is awake after nearly three years. According to Lookonchain data, on November 24, approximately $42.4 million worth of ETH was moved, with 10 ETH deposited directly to Kraken, a crypto exchange.  Ethereum Whale Awakens On-chain data reveals the dormant wallet first collected 100,000 ETH during the 2014 Ethereum initial token offering (ICO) – worth around $31,000. Then, the coin was being issued for $0.31. Over the years, ETH prices have continued rallying, rising to all ..read more

Token Terminal, a blockchain analytics platform, predicts Ethereum (ETH), the world’s second most valuable cryptocurrency, can soar above $36,800 by the decade’s end based on total addressable market projects. In an in-depth analysis covering Ethereum on November 23, the analytics platform laid out several reasons that will drive the coin to astronomical levels, nearly 18X from spot levels. Ethereum Is King, Predicted To Process $14 Trillion In Value By 2030 The Token Terminal report cited strengthening network effects, increasing token scarcity, and successful transition to proof-of-stak ..read more

According to on-chain data platform Lookonchain, an unnamed crypto whale known for well-timed Ethereum (ETH) trades in the past, has purchased an additional $5.53 million worth of ETH on Binance amidst turbulent market conditions. Ethereum Whale Ramping Up Purchase According to an X post on November 22, the purchase follows an acquisition last week when $18 million of USDC, a stablecoin, was used to acquire ETH at around $1,971. With the whale appearing to ramp up ETH purchases, Lookonchain speculates that the same trader is positioning for an upcoming ETH breakout past the ..read more

On-chain data shows the Ethereum active addresses have observed a large spike recently. Here’s what this could mean for ETH’s price. Ethereum Daily Active Addresses Have Seen A Surge Recently According to data from the on-chain analytics firm Santiment, the ETH active addresses are currently at their second-highest level since the middle of September. The “active addresses” here refer to those addresses on the Ethereum blockchain that are taking part in some sort of transaction activity. In the context of the current discussion, the unique number of these active addresses is of interest. Note ..read more

The cryptocurrency market has been experiencing a major surge in interest surrounding Ethereum Spot ETFs and Fidelity Investments has joined the race with its newest filing.  Fidelity Investments File For ETH Spot ETF American multinational financial service corporation, Fidelity Investments has decided to get actively involved in the ongoing Ethereum ETF mania. The mutual funds company has officially filed for an Ethereum Spot Exchange Traded Funds (ETF) to the United States Securities and Exchange Commission (SEC).  The new Ethereum ETF filing is the second ETF the investment compa ..read more

Ethereum Insider, Steven Nerayoff has fulfilled his promise to the crypto community by releasing a three-hour-long recording of a private conversation between him and founder Vitalik Buterin. The revelation has sparked a series of discussions in the crypto community as the recording sheds light on undisclosed aspects of ETH’s developmental flaws and processes.  Details Of The Recording Former Ethereum Advisor, Steven Nerayoff has released a 2015 recording between him and Ethereum Founder, Vitalik Buterin. The conversations between Nerayoff and Buterin showed a deep relationship between th ..read more

According to one crypto user on X, Ethereum is a different class from Solana, with the pioneer smart contract platform drawing much more capital from the community than the fourth-generation blockchain despite ETH price action being muted in the last month of trading.  Ethereum Attracted $58 Billion, 2X Solana Market Cap In a post on November 16, @litocoen, who describes himself as a creator, noted that with Ethereum prices rising above the resistance level to trade above $2,000 in November, the coin managed to attract $58 billion in the past 30 days. The creator added that the ..read more

The US SEC has requested an extension of its decision to approve or reject spot Bitcoin and Ethereum ETFs. Presently, candidates for both ETFs are on standby as they await a final decision in 2024.  SEC Extends ETF Review To 2024 The United States Securities and Exchange Commission (SEC) has delayed its approval for Spot Bitcoin and Ethereum Futures ETF applications. The regulator filed for an extension on November 15 stating that it needed more time to properly review the issues of the application and its decision regarding ETFs.  “The Commission finds it appropriate to designate a ..read more