Ether Staking Heats Up As Entry Queue Hits 1.3 Million ETH
According to Beaconcha.in data and market reports, the Ethereum validator exit queue has shrunk to just 32 ETH, with a wait time of about one minute. That is a steep drop from its mid-September peak of 2.67 million ETH — a fall of almost a hundred percent. Markets often react when locked assets are freed…
Bitcoin And Ethereum Influx: Strategy Grabs 1,200 BTC, Bitmine Immersion Ups ETH by 44,000
With Bitcoin (BTC) and Ethereum (ETH) prices facing significant corrections, the two largest publicly traded holders of these cryptocurrencies, Strategy (formerly MicroStrategy) and Bitmine Immersion, have made substantial moves to bolster their portfolios over the past week. Strategy Resumes Bitcoin Acquisitions On Monday, Strategy announced that, between 22 and 28 December, it had acquired 1,129…
Industry Leader Shares Why Ethereum Price Will Reach $12,000
Industry leader Tom Lee has shared how the Ethereum price could reach $12,000 within the next few months. He based his prediction on the Bitcoin price action and how ETH could match the flagship crypto on a potential run to the upside. Tom Lee Explains How The Ethereum Price Could Rally To $12,000 Speaking at…
Ethereum Price Will Bottom This Week, Predicts Tom Lee
Fundstrat co-founder Tom Lee says Ethereum is nearing a cyclical low, arguing that on-chain fundamentals and relative valuation versus Bitcoin indicate that ETH is “pretty close to bottoming this week.” “Personally, I think that we’re pretty close to bottoming this week,” Lee core investment story remains intact. Will Ethereum Bottom This Week? For Lee, that…
Bitmine Buys 44,036 Ethereum Worth $166M During Market Dip – Details
Ethereum (ETH) remains under pressure, trading below the $4,000 mark as bulls attempt to reclaim control following weeks of post-crash uncertainty. The sharp sell-off on October 10 not only flushed leveraged positions across the market but also disrupted the uptrend ETH had been building throughout the summer. Since then, price action has weakened, and momentum…
Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock
BitMine Immersion Technologies saw its stock sink nearly 8% this week, yet that didn’t stop Cathie Wood’s ARK Invest from pouring another $15.6 million into the company. The latest move comes during a period of heightened volatility in both equities and crypto markets. ARK Expands Its Holdings According to ARK’s trading disclosures on August 27,…