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27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks


Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77...

Tether’s emergence as a key liquidity provider in crypto markets


When an investment can be quickly and easily traded for other assets – typically cash – without affecting its value, it is said to be liquid. In contrast to liquid assets, which can be more difficult to trade because of a lack of market participants or other circumstances, highly liquid...

$BONK is presently positioned live on the BiGo platform


BitGo divulges that $BONK, a community token in the Solana ecosystem, is presently accessible for custody. $BONK, nicknamed The Dog Coin of the People, was introduced as a free airdrop targeting the Solana community on the 25th of December, 2022. Presently, $BONK takes credit for having more than...

Shiba Inu’s burn rate Soars 25,000% amid market downturn


The prominent meme-based cryptocurrency, Shiba Inu, has shown an exceptional surge in token burning rate, rising by 25,035.22% in a single day based on Shibburn’s confirmation. This showed an instant the community’s efforts to diminish the token and scalp it during the challenging...

Next-generation technology empowering Ethereum’s main network


Decentralized and open-source, Ethereum is a blockchain platform that changed how digital transactions and applications are seen. It was developed to make smart contracts and dApps for cryptocurrencies possible. The mainnet of Ethereum has, however, experienced several difficulties, including...

ASI token merger to move forward with majority approval


The ASI token merger has received the green light from all three communities. Notably, the approval comes with a clear majority and a roadmap about how the supply distribution will go in the coming days. For starters, ASI—that is, Artificial Superintelligence Alliance—brings together Fetch.ai...

Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook


As bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price of $62,891 to $63,075 per unit underscores a market...

Australian Regulator Says Crypto Is a Debenture That Requires Regulation


The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory purview. The ASIC chairman also argued that many cryptocurrency investors are unaware of what they are getting into. Crypto Falls...

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