Ethereum's validator queue is longer than it's been in two years. Over 860, 000 ETH, worth around $3. 7 billion, are waiting to join the network. This is a big deal because it shows a lot of people want to stake their ETH and earn rewards. But why the sudden rush? One reason could be the growing interest in ETH treasury firms. These companies manage ETH on behalf of...
Crypto markets are seeing a big increase in leverage, reaching levels last seen during the bull market. This surge is driven by a strong demand for decentralized finance (DeFi) lending and a higher appetite for risk. However, this rapid growth in leverage is causing some stress points in the market. Last week, Bitcoin's price dropped from $124, 000 to $118, 000, whi...
Bit Digital (BTBT), a major player in the cryptocurrency mining and digital asset space, recently announced that its bitcoin production dropped by 12% month-over-month in August. Despite this decline, the company saw an increase in staking rewards for ether (ETH) and earned significant revenue from its AI contract. Key Points: - Bit Digital produced 53.4 BTC in ...