Ethereum Staking Sees Record Weekly Inflows Worth Over $1 Billion – What Next for the Ether (ETH) Price?
In a record week for Ethereum staking, investors moved over 570,000 Ether (ETH) tokens into the blockchain’s staking smart contract last week, according to a Dune analytics dashboard. That’s over $1 billion worth of Ethe...
That’s over $1 billion worth of Ether tokens and marked the fastest weekly pace of ETH deposits into the staking contract ever.
According to the dashboard, investors requested the withdrawal of around 380,000 ETH tokens last week, worth close to $700 million at current market prices....
Read More: Ethereum Staking Sees Record Weekly Inflows Worth Over $1 Billion – What Next for the Ether (ETH) Price?
Original source
Read on CryptonewsRelated market context
Bitcoin, XRP spot ETFs see inflows while Ethereum records outflows on June 12
Bitcoin and XRP ETF inflows suggest cautious optimism, while Ethereum's outflows highlight potential liquidity and investor confid...
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Elon Musk’s trillionaire status puts his net worth above crypto’s entire market cap outside Bitcoin
Elon Musk has become the first person in modern history to amass a personal net worth exceeding $1 trillion, crossing the historic...
Crypto Today: Bitcoin ETF Rumours, Ethereum Strength, and Mining Heat for Canadian Homes
Bitcoin ETF rumours lift sentiment, Ethereum recaptures $3,800, and North Vancouver uses mining heat for homes. Coinbase unveils p...
SpaceX IPO Shatters Records as Bitcoin Sinks Below $60,000 and Tether Overtakes Ether
SpaceX raises $75bn in historic IPO; Bitcoin falls below $60,000 with half of supply in loss; Tether briefly overtakes Ether in a...