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Day: February 9, 2024

Ethereum staked hits 25% of total supply – Can it push ETH prices higher?

cryptocurrency February 9, 2024

Advertisements Almost 365 days after the Shapella upgrade, validators have staked 25% of ETH’s supply. ETH remained deflationary, indicating a long-term bullish potential. AMBCrypto’s query on Nansen’s dashboard showed that about 25% of the total Ethereum [ETH] supply has been staked. This percentile amounts to 30 million ETH. From the result of the query, Nansen […]

Prometheum’s Ethereum Custodial Launch Puts SEC’s ETH Classification In The Spotlight

cryptocurrency February 9, 2024

Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization.  Advertisements Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission […]

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