Ethereum’s price continues to tread water in a complex environment as its total Ethereum staked sees a significant drop. In just five days, the total value staked has tanked by over 120,000 ETH. That’s nearly $192 million down the drain! This reduction directionally matches a rise in ETH supply on...
Trying to predict the Ethereum landscape is almost like being on the sidelines of a high stakes chess match between heavyweights. On one hand, we have a backlash against staking, with a marked drop in the total ETH staked. On the flip side, the whales are circling, piling up their...
Let's cut the crap. The fairytale of Ethereum staking tells you that anyone can get rich on passive income while building an inclusive, decentralized utopia. The reality is, that’s simply a bullshit lie. I know, it’s a rigged game, folks, and the house always wins. In this particular instance, the...
The Ethereum market gives mixed signals at the moment. Investors and analysts alike are left scratching their heads, unsure of what path it will pursue going forward. Ethereum whales are currently on a token buying spree, having aggressively accumulated more tokens. Compounding the issue, staking activity is in a general...
It is a time of uncertainty again in the crypto ETF world. Now, the Securities and Exchange Commission (SEC) has just declared more delays in decisions on important proposals. Our good friend Jason, blogger at BlockOpulent.com, explores the implications of these delays. He explains what all these changes mean for...
Are you really surprised? The SEC’s new tricks on crypto ETFs are infuriating. By putting off determinations on in-kind redemptions and Ether ETF staking, they look less like cautious overseers and more like defenders against the nascent but accelerating altcoin revolution.Is This Wall Street Protecting Itself?Let’s be blunt. The SEC’s...
The SEC's recent decision to delay the approval of Ether (ETH) staking within Grayscale's Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF feels less like measured regulation and more like slamming the brakes on a promising future. Caution is certainly warranted in the developing and unpredictable space of crypto....
The Securities and Exchange Commission (SEC) has delayed its decision regarding Grayscale's proposal to offer Ether staking services within its Ethereum Trust ETF and Ethereum Mini Trust ETF. This decision has been delayed until June 1, as the SEC waits for agency approval for the proposed staking services.This delay follows...
We all know that the crypto space moves quickly in terms of innovation and just as quickly with regulatory response. Last month, the United States Securities and Exchange Commission (SEC) made headlines. They pushed back verdicts on key proposals to add Ethereum (ETH) staking to Grayscale’s Exchange Traded Funds (ETFs)....
Ethereum (ETH) is showing surprising strength, up 2% on Monday. Yet, it now stands at a new test as the SEC delays its verdict on allowing staking in spot Ether ETFs. The price is getting close to a major descending trendline resistance, and analysts are expecting it to receive a...