Ethereum also recently passed the major milestone of having 35 million ETH staked, worth about $140 billion. This 3,400% spike in staking activity since mid-2021 is a clear signal of investor confidence. The added staking coincides with the crypto project anticipating a watershed decision on its ETF.At the time of...
Bit Digital’s all-in Ethereum strategy may struck some incredulous, and to be frank, it should’ve. Are they true visionary pioneers or just deluded deer dazzled by the sparkling promise of staking rewards? Let’s unpack this major move. It’s more than a business decision, it’s a signal for the entire crypto...
Let's cut to the chase. Is Bit Digital dropping Bitcoin mining for a complete Ethereum takeover? That's not just smart, it's practically visionary. And here’s why it should have you as equally excited.Power to The Community!This isn't just about swapping one crypto for another, it's about aligning with a philosophy....
Put aside all the distractions regarding minor, short-term price movements and options expiration shenanigans. Zoom out. Way out. We are in the middle of the sea change of how finance works. Ethereum is at the forefront, thanks to the octane of staking and Layer 2s. As López explains in the...
Ethereum price is exhibiting bullish signals as ETH is on its way to testing a key $2,500 level. Increased on-chain activity, favorable treasury inflows, and bullish regulatory movements in Europe have networked with the nascent positive sentiment to increase speculation for a possible breakout. As important technical indicators come into...
Ethereum's dancing around $2,486, and the question isn't just whether it'll break through. It's whether the smart money piling in actually knows something you don't, or if they're about to learn a very expensive lesson. I believe it's time we cut through the noise and look at what's really driving...
Bit Digital recently made headlines when they announced their full withdrawal from Bitcoin mining. Rather, they are doubling down on the sunny prospects of Ethereum staking, sending ripples throughout the crypto-world. While some hail it as visionary, I can't help but see a high-stakes gamble, a potentially disastrous bet placed...
Bit Digital, previously one of the top Bitcoin mining companies, has recently been in the news for pivoting its strategy to focus exclusively on Ethereum staking. Beyond yielding influence in Washington, this move signals a dramatic reorientation of the company’s priorities. It does raise important questions for the future of...
Bit Digital, a crypto infrastructure company, just placed an enormous wager. They're not just dipping their toes in the Ethereum pool; they're diving headfirst, abandoning Bitcoin mining entirely to focus solely on ETH staking and asset management. This redeployment represents more than a change of heart from a company. It’s...
On the 25th, local time, BitDigital made another thrilling announcement about their transition. The bitcoin mining company intends to move away from mining and towards an Ethereum stockpiling and staking business. This is certainly no small change for the company, and it’s a first for any Bitcoin mining operation. It...
