Ethereum News Archives - Page 6 of 6

The deposit contract for Ethereum’s consensus layer, formerly known as ETH 2.0, has exceeded 12 million ETH, worth nearly $34 billion at current prices. This means that more than 10% of the entire Ethereum supply is now locked in the consensus layer deposit contract. Read Also: Breaking: Ethereum developer sentenced to 63months for helping North Korea evade sanctions Progress in Ethereum’s Merge Despite shaky price action, and what appears to be a delayed Merge date, the appetite to help secure the Ethereum network as it transitions from Proof-of-Work to Proof-of-Stake continues to grow. As stated by Etherscan, the Ethereum consensus layer deposit contract has reached the 12 million ETH mark, which accounts for more than 10% of Ethereum’s entire circulating supply. This repres...

A famous santiment data vendor has tweeted that users of various social media platforms are showing excitement about cryptocurrency. Although Bitcoin and Ethereum are recovering, the rest of the market remains in the red. Read Also: Shiba Inu and Dogecoin Now Accepted by AMC's Mobile App "Crypto is gaining some bullish voices again" According to a tweet by Santiment, the word "pump" is currently dominating in public channels across various social media presently—on Reddit, Discord, Twitter, and Telegram. Santiment analytics team believes that this FOMO ("fear of missing out") is not a big concern; however, they cannot see any signals of euphoria so far. https://twitter.com/santimentfeed/status/1516999894204141569 Ethereum transactions in profit surge As ...

Tag: Ethereum News

10% of ETH’s Supply Locked in Consensus Layer Deposit Contract

Crypto Gains Bullish Voices on Social Media As Stated By Santiment