Ether staking withdrawals: Crypto exchanges set calendar for unstaking
A majority of the validators are withdrawing their staking rewards rather than the whole 32 staked ETH. Go to Source Powered by WPeMatico
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Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply
Ethereum staking withdrawals are picking momentum. But they have not been able to cause a major selloff as many had anticipated post the Shanghai upgrade. Go to Source Powered by WPeMatico
When levees break, liquidity flows — Analyzing Ethereum Shapella and liquidity staking derivatives
Volumes from the top five Ethereum staking platforms suggest holders are hedging against the unknown until after ETH withdrawals are enabled. Go to Source Powered by WPeMatico
Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12
The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be affected by the change, the … Read more
Ethereum staking deposits dip due to regulatory pressure and Shapella upgrade
The amount of ETH being staked monthly has recently dipped according to the on-chain analytics platform Glassnode. Go to Source Powered by WPeMatico
How will the Shanghai upgrade impact ETH price? Expert explains
While it may cause downside pressure in the short run, the Shanghai upgrade will be extremely bullish for Ether’s price in the mid-to-long term, according to Vivek Raman. Go to Source Powered by WPeMatico
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum to Provide Digital Asset Products and Services The financial services unit of the national postal service … Read more
Ethereum ‘re-staking’ protocol EigenLayer launches on testnet
The re-staking collective aims to address Ethereum validator economic incentives. Go to Source Powered by WPeMatico
Chinese state insurance firm launches two crypto funds in Hong Kong: Report
The Chinese government-backed CPI Investment Management is launching two crypto funds related to blockchain investment and staking. Go to Source Powered by WPeMatico
Staking gains shouldn’t be taxed until they’re sold
We don’t tax houses while they’re under construction, and we shouldn’t impose taxes on cryptocurrency while it’s staked. Go to Source Powered by WPeMatico
