The percentage of Ethereum ($ETH) staked has surged to 28.9%, up from 23.8% in January, demonstrating growing long-term confidence in the network’s future. Notably, 15.3% of the staked ETH has remained locked for over three years, signaling strong commitment from long-term holders. 
Ethereum Update: 
28.9% of all $ETH is now staked, up from 23.8% in January
Over 15.3% of staked ETH has been staked for more than 3 years A strong signal of long-term confidence in Ethereum’s future. pic.twitter.com/HjUj2v9N1P — IntoTheBlock (@intotheblock) October 8, 2024 Ethereum’s most significant support level currently sits at $2,300, where 2.77 million addresses collectively acquired
The post Ethereum Staking Reaches New High As Market Activity Heats Up Around Key Price Levels appeared first on The Merkle News.
]]>The cryptocurrency markets have continued to bleed, with social media now showing historic levels of Fear, Uncertainty, and Doubt (FUD). It’s rare for an hour to pass without more mentions of “sell” than “buy” across crypto forums. In the past 24 hours alone, there have been several instances of this, including the highest ratio of negative to positive comments seen so far in 2024. For bold traders, this may be a window to adopt a contrarian approach and buy amid the crowd’s anger and frustration. 
Markets have continued to bleed, and social media is now showing historic levels of
The post Market Bleeds And Social Media FUD Reaches Historic Levels As Bitcoin Whales Sell Off appeared first on The Merkle News.
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Bitcoin Cash has been on the news for the past two months, both for positive and negative reasons. However, in the past two weeks, the currency made one of the fightbacks of the year, hitting $230 on December 21. However, the currency couldn’t maintain the momentum and at press time, the currency was trading at […]
The post Bitcoin Cash Struggles At $165, Volume Halves As Key Ally Looks Shaky appeared first on NullTX.
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