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290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch

290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF LaunchAccording to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing the total to 11.18% of Ethereum’s 120.2 million circulating supply. Shift in Liquid Staking: Swell Drops, Frax Ether Moves Up At the time of writing, […]

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Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks

Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two WeeksIn less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit gains of 34% to 42% in the past 30 […]

BlackRock CEO Larry Fink Says Bitcoin (BTC) a Legitimate Financial Instrument Offering Uncorrelated Returns

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees JumpIt has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just […]

BlackRock CEO Larry Fink Says Bitcoin (BTC) a Legitimate Financial Instrument Offering Uncorrelated Returns

Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market

Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of MarketAs of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the 11 liquid staking […]

BlackRock CEO Larry Fink Says Bitcoin (BTC) a Legitimate Financial Instrument Offering Uncorrelated Returns