Tron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham. Arkham notes that Sun's staked ETH will yield $3 million worth of Ethereum per year in passive income.
Ethereum (ETH) has gone down by 1.1% in the past 24 hours and is once again trading below the $2,000 mark at $1,985 during today's Asian session.
As became known thanks to the transparency of blockchain and cryptocurrency, a large Ethereum whale has acquired billions of Shiba Inu (SHIB), the popular meme-inspired cryptocurrency.
The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.
Ethereum has been going through a terrible period of depreciation, as the price has been consistently making lower highs and lows. Yet, things might just be about to change.
Whale Alert, a prominent blockchain tracker which monitors heavy cryptocurrency transactions, has spotted several large ETH withdrawals made consecutively from the Bybit exchange.
Bybit CEO Ben Zhou has explained how hackers are turning to Bitcoin mixers to launder the $1.5 billion in Ethereum stolen from the exchange last month.
As of March 3, Coinbase had staked 3.84 million ETH—worth about $6.8 billion—on its validators. This move makes Coinbase the “single largest node operator” in the Ethereum network, surpassing staking platform Lido in terms of individual node operator stakes.
XRP (CRYPTO: XRP) is up 8.3% over the last seven days, outperforming other leading cryptocurrencies. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.48 $144.3 billion +6.9% +7.9% Bitcoin (CRYPTO: BTC) $85,242.99 $1.69 trillion +1.9% +2.9% Ethereum (CRYPTO: ETH) $1,992.23 $240.4 billion -0.5% +5.2% Trader Notes: In an X post on March 20, crypto trader CrediBULL Crypto highlighted his game plan for XRP.
Ethereum has faced significant challenges this month. It has shed 10% of its value over the past 20 days and currently trades at $2,021.
Despite the outflows, the funds have seen a cumulative net inflow of $2.45 billion since their inception.
Coinbase, one of the biggest crypto exchanges, reportedly sold 12,652 Ethereum (ETH) in the fourth quarter of 2024, according to Standard Chartered's Geoffrey Kendrick. This sale, worth about $25 million at today's prices, has sparked discussions on whether Coinbase is strategically selling ETH for profit rather than holding it long-term.
Ethereum developers have introduced Hoodi, a new test network designed to finalize the upcoming Pectra upgrade. The launch follows unsuccessful trials on Holesky and Sepolia, which encountered configuration issues preventing proper finalization.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices rose modestly on Thursday after Jerome Powell's transitory statement on inflation. BTC price retested the important resistance at $86,000, while ETH rose to $2,000 and XRP price hit $2.5.
Standard Chartered's Geoffrey Kendrick on Thursday warned that activity on Coinbase's (NASDAQ:COIN) Base network is influencing Ethereum (CRYPTO: ETH) price dynamics through indirect selling pressure. What Happened: Kendrick explained that while higher activity on Base boosts ETH demand initially—due to transaction fees being paid in ETH—the profits generated by Base are ultimately converted to U.S. dollars, weighing on ETH's price.
Will Ethereum manage to regain the ground lost against Bitcoin? The market questions the possibilities of a trend reversal.
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.
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.
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.
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.
Will Ethereum regain its lost dominance against Bitcoin? The match is on!
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.
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.
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.
Price action and on-chain metrics revealed that ETH's latest bounce would be followed by a sizeable drop.
According to an X post by crypto analyst CryptoGoos, Ethereum (ETH) may be nearing the end of a bear trap. The analyst predicts that the cryptocurrency could surge past its recent range high of $4,000, potentially eyeing a new all-time high (ATH) of $10,000.
ETH is accumulating bullish momentum after testing a key demand zone.
Ethereum, the second-largest digital asset has been lagging behind other major crypto assets, raising questions about its short-term prospects. While these coins have achieved new all-time highs in the ongoing cycle, ETH has been on a downtrend after revisiting the $4,000 level.
Does this indicate weak institutional demand, or is the market misreading Solana's long-term potential?
A closely followed crypto analyst says that Bitcoin (BTC) and Ethereum (ETH) may have reached a local market bottom.
Bitcoin, Ethereum and XRP gain slightly on Wednesday as traders gear for the U.S. FOMC rate decision at 2 PM ET. Unlike previous bear markets, traders are seeing shorter bear cycles followed by sharp price rallies.
Ethereum price surged by 5% on Wednesday, reaching $2,050 for the first time in ten days. With mutiple news catalysts alligning with massive short liquidations, how high can ETH prices go?
Ripple CEO Brad Garlinghouse responded to a claim from Fox Business panelist and journalist Charles Gasparino that the US Securities and Exchange Commission believes XRP passes the “Ethereum decentralized test.” Garlinghouse said: “There is no Ethereum decentralization test at the SEC.
Bitcoin, Ethereum, and other top coins shot up alongside stocks after Fed Chair Jerome Powell gave a calming outlook on the U.S. economy.
Cryptocurrency markets are rallying as the Fed holds rates, but growth forecasts dip and inflation expectations rise. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,363.30 +4% Ethereum (CRYPTO: ETH) $2,032.89 +7.2% Solana (CRYPTO: SOL) $132.66 +7% XRP (CRYPTO: XRP) $2.48 +10.4% Dogecoin (CRYPTO: DOGE) $0.1740 +5.1% Shiba Inu (CRYPTO: SHIB) $0.00001281 +3.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 0.01% and daily active addresses falling by 5.8%.
Ethereum (ETH) has plunged to roughly $2,100, a 2023 nadir among other variables like geopolitical risk, pessimistic sentiment, and diminishing institutional demand during the more general breakdown in the crypto market.
Ethereum (ETH) has faced sustained bearish pressure in recent weeks, with its price struggling to gain upward momentum. Weak on-chain data and a lack of bullish sentiment have raised concerns among investors and analysts about the cryptocurrency's long-term trajectory.
Ethereum was deflationary not long ago, just last year. Now, its supply is increasing at almost the same levels as bitcoin.
With the SEC dropping its four-year lawsuit against Ripple, industry experts are examining whether Ripple (CRYPTO: XRP) could overtake Ethereum (CRYPTO: ETH) in market capitalization, a feat that would require overcoming significant market and structural challenges. What Happened: The legal resolution, confirmed by Ripple CEO Brad Garlinghouse, has already driven XRP's price to $2.53, a 13% increase, according to data from CoinMarketCap, reflecting renewed investor confidence.