Klin to withdraw 1.6m ETH from staking, worth $693m
The Daily Gwei’s Anthony Sassano warned the Ethereum validator exit queue could surge in the coming days.Latest news, expert forecasts, and analysis on cryptocurrency staking and blockchain validators operating on the Proof-of-Stake (PoS) algorithm.
Klin to withdraw 1.6m ETH from staking, worth $693m
The Daily Gwei’s Anthony Sassano warned the Ethereum validator exit queue could surge in the coming days.
Ethereum Staking Queue Reaches Two-Year High
The volume of Ethereum entering staking exceeded 860,000 ETH, valued at $3.7 billion. This is the highest level since September 2023.
Validators Shift from Native ETH Staking to Restaking
The total value locked in Ethereum liquid restaking protocols has reached $30 billion. This growth is attributed to validators moving to more profitable instruments.
Starknet Community Approves Bitcoin Staking Integration
The Ethereum Layer 2 network Starknet will integrate Bitcoin staking into its ecosystem as part of SNIP-31. A resounding 93.6% of voters supported the proposal.
Crypto Analyst Explains Record Ethereum Staking Withdrawal
Ethereum has witnessed its largest queue for staking withdrawals, exceeding 910,000 ETH valued at $3.7 billion.
Analysts warn of risks for Ethereum holders
The second-largest cryptocurrency’s rise above $4700 rests on expectations of a rate cut by the Fed in September. Analysts warned that if the central bank fails to deliver, the price could tumble, reports Cointelegraph. “The main issue is that the market move is based on the assumption of a Fed rate cut next month,” said […]
Former SEC Official Warns Liquid Staking Could Be the Next Lehman Brothers
Amanda Fischer, former chief of staff at the SEC under Gary Gensler, has expressed concerns that liquid staking resembles the practices that led to the 2008 financial crisis. Her stance has drawn criticism from the cryptocurrency industry. The SEC’s latest crypto giveaway is to bless the same type of rehypothecation that cratered Lehman Brothers — […]
SEC Clarifies Liquid Staking Tokens Not Securities
The U.S. Securities and Exchange Commission (SEC) has clarified that, in most cases, liquid staking does not fall under securities law. This document is part of the Project Crypto initiative. Projects like Lido, Marinade Finance, JitoSOL, and Stakewise are not required to register with the SEC. The corresponding tokens are not considered securities, provided the […]
Lido’s Share in Ethereum Staking Drops to 25%
Once dominant in the Ethereum staking market, Lido Finance has seen its share shrink to 25%. This marks the lowest level since March 2022, as noted by Tom Wan of Entropy Advisors. Lido’s Market Share in ETH Staking has dropped to 25%, which is the lowest point since March 2022. pic.twitter.com/zEGPLZAQHD — Tom Wan (@tomwanhh) […]
Solana Staking ETF Debuts with $12 Million Inflow
The United States has witnessed the launch of its first Solana-based ETF with a staking feature — the REX-Osprey Solana Staking ETF (SSK). This was reported by Bloomberg analyst Eric Balchunas. $SSK ended day with $33m in volume. Again, blows away the Solana futures ETF and XRP futures ETFs (or the avg ETF launch) but […]
Analysts Predict Imminent Launch of Staking-Enabled ETF in the U.S.
Progress on REX Shares’ application to launch a Solana and Ethereum-based ETF with staking capabilities suggests the product will soon debut in the U.S. market, according to Bloomberg analyst Eric Balchunas. Rex also filed an updated prospectus, which totally filled in. Add it all up and it appears as though all systems go for imminent […]
Kraken Introduces Bitcoin Staking via Babylon Partnership
The cryptocurrency exchange Kraken has launched staking for the leading cryptocurrency in collaboration with the BTCFi project Babylon. This integration allows clients to earn rewards without the use of bridges or “wrapped” assets. Users delegate their coins through Babylon to secure networks based on Proof-of-Stake (PoS). Rewards are paid in the protocol’s native token — […]We use cookies to improve the quality of our service.
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