Ethereum has just blown past a thrilling new milestone! The overall value of ETH staked has broken above $70 billion, representing 28.3% of the cryptocurrency’s total supply. According to on-chain data, this threshold was candidly crossed late last week. The surge in staking activity, with significant involvement from whale wallets...
Ethereum. The digital frontier. No wonder we’re witnessing headlines shrieking about whale consolidation, record highs in network fees, and staking records being broken. Is this the golden ticket to financial independence? Or is it just a beautifully engineered fraud created specifically to steal your hard-earned dollars? Let's dissect this, shall...
On Ethereum— the second-largest cryptocurrency network — this shift has been enormous. More recent data points to these stablecoin transactions being the driving force behind them, now pushing the vast majority of Ethereum’s profits. In this article, we examine the rapid increase in use of stablecoins and their increasing importance....
Ethereum just hosted one of the biggest Ethereum-related and tech-focused parties….and you’re invited too! $7.3 billion in revenue? That's not just a number, folks. It's a declaration. That’s the sound of the decentralized future it’s helping to build, brick by digital brick. Move over naysayers, fudsters, and retire “crypto is...
Ethereum is the most successful altcoin network of all time. During the last fiscal year it has continued to do so, bringing in a staggering $7.3 billion in transaction-fee revenue. This remarkable number serves to highlight Ethereum’s strong ecosystem and its central place in the decentralized finance (DeFi) space. Much...
$7.3 billion in fees. That's real money. But is it smart money? Ethereum's revenue generation is undeniably impressive. But before you dive headfirst into the ETH pool, let's pump the brakes and ask a crucial question: are we witnessing sustainable growth, or are we standing knee-deep in a speculative bubble...
Bit Digital (BTBT), a small-cap player, is in the midst of its own strategic transformation, moving from Bitcoin mining to Ethereum staking options. While market skepticism abounds around this pivot, the execs feel pretty darned confident. They are all-in on the company’s long-term prospects. As of recent activity, it appears...
Bit Digital’s bold move—abandoning Bitcoin mining for Ethereum staking—has made waves through the crypto sphere. The plan: raise $150 million through a public offering, convert their existing Bitcoin stash, and amass a whopping 42,000 ETH. Sounds ambitious, right? Or is it a marketing stroke of genius? Or is this simply...
Let's be blunt. You're probably overlooking Bit Digital (BTBT). I get it. Bitcoin mining company pivoting to Ethereum staking? Sounds… weird. It’s sort of like Blockbuster deciding to be Netflix after Netflix had already beaten them. But hear me out, because this isn’t just a pivot, it's a potential paradigm...
You're seeing the headlines: Bit Digital, formerly a Bitcoin miner, is diving headfirst into Ethereum staking. Perhaps upon seeing the stock market turn down you jumped to the conclusion that “They’re toast! Wrong. Dead wrong. Similar reader outcry is not a symptom of desperation. It’s a smart play from a...
