Coinbase Cloud and blockchain infrastructure company Kiln are now allowing ethereum (ETH) users to stake any amount of ether natively. The new offering removes the previous 32 ETH minimum staking requirement. Staking for All: Coinbase Cloud and Kiln Break Down Minimum Barriers With the integration of Kiln’s onchain staking platform, Coinbase Cloud and its clients…
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Major cryptocurrencies saw declines on Monday following an announcement by bankrupt crypto exchange FTX detailing its holdings as of August 31. Bitcoin fell to lows around $25,000, while Ethereum dropped below $1,560 in trading on Monday. Other major cryptocurrencies like Binance Coin and XRP also saw drops of 3.57% and 5.87% respectively. In response to…
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BluiCoin (BLUI) was one of the biggest crypto gainers yesterday, boasting an extraordinary surge of 10,016%. At one point the meme coin was up by 21,830% when it ascended to an intraday high of $0.000000003590 before profit-taking forced its price to retreat to a closing of $0.000000001864. BLUI’s journey continues to be tumultuous today, with…
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Bitcoin Cash (BCH) has been treading a downward path since its brief surge in August. After an 18% leap on August 29, BCH has been unable to keep the rhythm, falling below significant EMAs and retreating back to the trading range it has seen since August 17. BCH’s 20-day EMA is currently $199.5, a beat…
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Two leading exchange-traded fund (ETF) providers have set their sights on launching the first spot Ethereum ETF in the U.S. after continued delays from regulators on approving a spot Bitcoin ETF. ARK Invest and asset manager VanEck filed proposals with the Securities and Exchange Commission (SEC) for Ethereum ETFs that would trade on CBOE Global…
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Investment manager Grayscale is urging the Securities and Exchange Commission (SEC) to expedite the conversion of the Grayscale Bitcoin Trust (GBTC) into a Bitcoin exchange-traded fund (ETF). This comes on the heels of Grayscale’s major court victory over the SEC last week. Given the latest updates on a potential Bitcoin ETF approval, what are the…
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Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding deals from the world of crypto and blockchain. The sharp increase in global interest rates may have limited investors’ appetite for crypto ventures, but new projects are still flourishing and attracting capital to speed up growth. Data from the Cointelegraph Research Venture Capital Database…
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BTC三TH saw impressive gains of nearly 700% today after its highly anticipated crypto listing. The meme coin advanced to an intraday high of $0.00005066 before profit-taking pulled it back down. Now finding support near the 50 EMA on the 5-minute chart, BTC三TH is stabilizing between key levels as bulls hope for a continuation of the…
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DeFi exploits resulted in losses of over $16 million in August. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. In this week’s newsletter, Ethereum staking services have agreed upon a 22% limit on all validators…
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In an effort to maintain the decentralized nature of the Ethereum (ETH) network, several prominent liquid staking providers have implemented or are in the process of implementing a self-limit rule. The rule ensures that these providers will not own more than 22% of the Ethereum staking market, which could help address concerns over the growing centralization of…
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