Meanwhile, Staked Ether (ETH) hit an all-time high, just weeks after its price crossed the US$2.8K mark amidst strong institutional inflows. As of today, the Beacon Chain has 34.65 million ETH locked in staking contracts, eclipsing the old record of November 2024. This recent increase is indicative of the increased...
Ethereum ETFs are booming with record inflows marking a major change in investor sentiment. BlackRock and Fidelity are at the forefront of this movement, with their ETH ETFs pulling in massive inflows. The recent regulatory clarity around staking has only added to the interest in these investment vehicles.ETF Inflow OverviewOn...
Ethereum is reaffirming its status as the second-most impactful cryptocurrency. Strong decentralized exchange (DEX) activity, large inflows into spot exchange-traded funds (ETFs), and rapid growth in staking are powering this momentum. The network’s layer-2 solutions have accumulated a mind-boggling $70 billion in DEX activity over the last month. This remarkable...
Lombard is a cooperative liquidity staking protocol built on Babylon. As such, it is one of the fastest emerging leaders in the rapidly evolving Bitcoin DeFi (BTCFi) landscape. Lombard boasts $1.9B of total value locked (TVL) in Bitcoin related assets. This egregious amount of liquidity is opening up exciting new...
JetBolt (JBOLT) is creating a big buzz right now with its presale that’s currently in progress. They’ve exceeded their goal, having sold more than 350 million tokens and raised more than $3.2 million! Ethereum (ETH) has been on a roll lately, breaking through critical resistance levels and testing ongoing upward...
Ethereum’s staking ecosystem is currently witnessing a massive boom, driven largely by regulatory changes, protocol upgrades, and new investor confidence. Ethereum staking has rebounded spectacularly. Total value locked (TVL) has seen a huge 60.3% gain over the past month, with total TVL now sitting at $34.11 billion. Market leaders protocols,...
Wrapped Bitcoin (WBTC) offers a bridge for Bitcoin holders to engage with the Ethereum-based decentralized finance (DeFi) ecosystem. For Bitcoin holders, WBTC provides a new way to put Bitcoin to work. They can use other DeFi protocols, such as lending platforms or liquidity pools. This model comes with custodial risk...
Ethereum (ETH) finds itself at the heart of a constantly evolving market landscape. As leverage trading has declined, staking inflows have increased in direct proportion. This is a notable turnaround considering the week before saw massive momentum for the cryptocurrency. And though Ethereum continues to be down 1% on Monday,...
BlackRock has made a huge stride in its effort to be the first-ever Ethereum exchange-traded fund (ETF). On May 9, the controversial firm amended its filing with the U.S. Securities and Exchange Commission (SEC). This amendment greatly broadens the applicability of in-kind redemptions, subject to regulatory approval. This decision comes...
That’s why Lido Finance, the largest liquid staking protocol on Ethereum, launched their first emergency DAO vote. This decision follows a recent security incident that led to the loss of $1.46 ETH worth in gas fees, requiring the rotation of a compromised oracle key. That hack compromised one of the...
