Cathie Wood, CEO of Ark Invest, has been a prominent advocate for cryptocurrencies and blockchain technology.
Coinbase has emerged as the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether (ETH). The post Coinbase Becomes Largest Ethereum Node Operator, Controlling 11.42% of Staked ETH appeared first on Cryptonews.
Coinbase is the largest single-node operator supporting staking activities on the Ethereum network. According to its maiden Validator Performance report, the US-based exchange has staked 3.84 million ETH through 120,000 validators, accounting for 11.42% of the total staked ETH.
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According to one analyst's trading note, the idea that inflationary pressures will subside is "wishful thinking at best."
Initially BTC decoupled from stocks, but the positive correlation has strengthened during the recent downturn.
Long-term Bitcoin investors are firmly maintaining their positions despite the recent price drop to $76,600, their lowest level in four months. This persistent confidence, documented by new research, suggests a deep conviction in the market's recovery.
TL;DR Dovish Fed Boost: Bitcoin remains near $86K as investor sentiment lifts on the Fed's decision to keep rates steady and hint at future cuts. Renewed Optimism: A two-week high near $87.5K reflects market confidence in looser liquidity and evolving policies. Upward Potential with Caution: Rumors of U.S.
Bitcoin (BTC) could soon see a trend reversal as leading prediction market platform Polymarket forecasts the US Federal Reserve (Fed) ending quantitative tightening (QT) by April 30. An end to restrictive monetary policy could provide a much-needed boost for risk-on assets like BTC.
Coinbase has become the largest single node operator in the Ethereum network, holding 11.42% of the total staked Ether (ETH), according to a new report by the crypto exchange. The performance update revealed that Coinbase currently has 3.84 million ETH, valued at approximately $6.8 billion, staked across its validators.
It was not long ago that XRP made its way onto the list of assets eligible for use as collateral in perpetual futures trading on Coinbase International Exchange. Now, Cardano (ADA) and Coinbase Wrapped Staked ETH (cbETH) have joined the lineup, marking yet another step in Coinbase's ongoing expansion of supported cryptocurrencies within its derivatives trading ecosystem.
Ethereum price increased by 5% in the last 24 hours. According to social metrics, ETH social engagement and X followers are increasing.
A portion of the funds (193 BTC or $16 million) passed through the Wasabi mixer before reaching various peer-to-peer vendors.
After the recent Federal Open Market Committee meeting, the US Federal Reserve, yesterday, announced its plan to keep its federal funds rate unchanged at 4.25%-4.5%. Every FOMC meeting influences Bitcoin prices, sometimes causing major swings. In the last 24 hours, the price of BTC has seen a rise of 3.1%.
Expectedly, XRP is the top performer today from the larger-cap alts.
U.S. President Donald Trump will deliver remarks at the Digital Asset Summit in New York on Thursday, days after White House signaled interest in stockpiling Bitcoin.
Bitcoin (BTC) managed to make a 5% move to the upside on Wednesday as the Federal Reserve FOMC meeting took place. It was announced after the meeting that interest rates would stay the same, but that growth was forecast to slow, with slightly elevated inflation and unemployment also predicted.
Bitcoin is making a strong comeback, jumping to $86k after the latest Federal Open Market Committee (FOMC) meeting. But according to former BitMEX CEO Arthur Hayes, this is just the beginning. He predicts the Federal Reserve will cut interest rates on April 1, which could trigger a massive Bitcoin rally.
Arthur Hayes believes Bitcoin has bottomed, and the Federal Reserve's easing of quantitative tightening will likely be a key factor supporting risk assets.
Ripple's SEC victory sets a new precedent as Trump backs Bitcoin's national strategy. Will Bitcoin break $90K amid regulatory clarity? Read the full analysis. The post Ripple's $125M Appeal & Trump's Bitcoin Move: Will BTC Hit $90K Next? appeared first on Cryptonews.
Ethereum continues to dominate the stablecoin market, with USDC and USDT accounting for the majority of the $850 billion in transaction volume recorded last month.
XRP price bounced by more than 15% yesterday after CEO Brad Garlinghouse confirmed that the SEC will dismiss its appeal in the Ripple case. The end of this lawsuit has caused positive sentiment towards XRP, with traders anticipating rising adoption from banks and pro-crypto financial institutions like MicroStrategy.
A prominent crypto analyst said that Bitcoin went through a significant event over the past few months as the coin's open interest plummeted by nearly 20%, wiping out around $12 billion.
The Federal Reserve kept interest rates unchanged on Wednesday, holding the benchmark rate between 4.25% and 4.50%.
Ethereum faces strong resistance at $2,400 while analysts believe that the cryptocurrency will not fall below $2,000 once again.
Standard Chartered's Geoffrey Kendrick said Base's profits led to Ethereum sales rather than long-term accumulation, a claim dismissed by the crypto exchange.
Ethereum has risen above $2,000 amid increased whale accumulation and bullish technical patterns, though on-chain metrics suggest potential selling pressure ahead.
Crypto strategist Michaël van de Poppe says Bitcoin (BTC) may take off on a series of rallies if it can break through a key resistance level in the coming days.
Bitcoin has rebounded from its $77,000 low to $86,000 as the Federal Reserve slows its quantitative tightening program, potentially setting the stage for future gains.
Bitcoin has been in a downtrend since mid-January, with attempts to break this cycle met with market resistance.
Will Ethereum regain its lost dominance against Bitcoin? The match is on!
Bitcoin (BTC 3.23%) now trades at about around $82,000, but under the right conditions, it could fly to $200,000 or more, if given enough time.
A Coinbase report revealed that the crypto exchange is Ethereum's biggest node operator, having 11.42% of the total staked Ether within the blockchain network. In a performance report, Coinbase said it had 3.84 million Ether (ETH), worth about $6.8 billion, staked to its validators.
After a downfall to $1800, the Ethereum price recovered somewhat. With the FOMC meeting outcome, the entire crypto market witnessed some recovery, including ETH, whose price surged by 7%, reclaiming the crucial $2,000 mark.
Coinbase's Ethereum staking report reveals 120,000 validators and 3.84M ETH staked, with a 99.75% uptime and zero slashing incidents.
In the latest XRP news update, legal expert Bill Morgan highlighted the Ripple coin's rally amid CEO Brad Garlinghouse's crucial statement. The Ripple CEO recently stated that the US Securities and Exchange Commission (SEC) will drop its appeal in the Ripple Vs SEC case.
In what some would consider an unexpected move, Brad Garlinghouse, CEO of digital asset firm Ripple Labs and majority holder of the XRP cryptocurrency, cleared the air about his position on bitcoin ( BTC). “I first bought bitcoin in 2012 coming out of an event when I was first introduced to it,” Garlinghouse explained.
Bitcoin (BTC) has surged nearly 4% in the past 24 hours amid the ongoing volatility. As the price retests the $85,000 resistance, some analysts suggest a jump to $90,000 could be around the corner.
Heading into 2025, many top cryptocurrencies were soaring in value -- and for good reason. The incoming Trump administration positioned itself as the most pro-crypto administration in history.
If Bitcoin manages to sustain above the key Fibonacci levels, a push toward $90,000 and beyond could be imminent.
XRP jumped as high as 12% before paring gains, as closely-related Ripple Labs ended its long-standing battle with the U.S. Securities and Exchange Commission (SEC), stating Wednesday that the case had “come to an end.”
The Federal Open Market Committee's (FOMC) decision to keep interest rates unchanged at its March 19 meeting has had a positive effect on crypto markets. Bitcoin (BTC) surged by 3% in the last 24 hours, while Ethereum (ETH) and XRP recorded gains of 3.9% and 7% in the same period, respectively.
The US Dollar Index (DXY) fell following the latest Federal Open Market Committee (FOMC) meeting. This turnout triggered discussions about its implications for Bitcoin (BTC) and broader liquidity conditions.
Bitcoin (BTC) rose 5.01% on Wednesday, setting up the daily high at $86,990, ending weeks of consolidation. However, futures data for BTC and liquidation heatmap models suggest this uptrend could come undone soon.
Coinbase released its first Ethereum Validator Performance Report, revealing that it now operates 120,000 validators managing 3.84 million staked Ethereum (ETH) tokens.
The Fed retained forecast for two rate cuts Wednesday, with Powell calling the inflationary impact of Trump's tariffs transitory.
Bitcoin (BTC) spiked to two-week highs on March 20 amid rumors that the US government was preparing a “major update” to its crypto policy. BTC/USD 4-hour chart.
The co-founders of the crypto analytics platform Glassnode believe that for Bitcoin (BTC) to enter a strong uptrend, key metrics need to align.