Author: admin
As Ethereum continues to evolve after the Merge, understanding the dynamics of staking rewards becomes essential for investors. In 2024, several factors will shape the staking landscape, including the role of liquid staking, validator economics, and the overall market conditions. This article explores what you can expect in terms of Ethereum staking rewards and how to navigate the changing environment. Key Takeaways Staking rewards are influenced by factors like market demand and the number of validators. Liquid staking options, such as Lido, allow users to maintain liquidity while earning rewards. The staking rate is expected to rise, which might lead…
Traders betting on a fall in Bitcoin are feeling the pain as the price of Bitcoin continues to soar. But so are those betting on rising prices.The largest digital asset by market capitalization was rapidly approaching $68,000 per coin early Tuesday amid a sudden surge, according to CoinGecko. However, this increase did not last long and the increase was completely wiped out.Bitcoin is currently trading just above $65,200 after hitting a daily high of $67,803 per data from CoinGecko. And on Coinbase, the largest U.S. cryptocurrency exchange, Bitcoin has fallen to less than $70 per coin, down from a previous…
Important points Bitcoin is over $67,000, just 8% away from its all-time high. BlackRock's CEO likens Bitcoin to gold and champions it as a viable asset class. Share this article Bitcoin hit a high of $67,800 in the past few minutes and is closing in on $68,000, just 8% off its all-time high set in March. The jump came after BlackRock CEO Larry Fink championed Bitcoin as a viable asset class.Author: CoinGeckoDuring his Q3 2024 earnings call, Fink formally recognized Bitcoin as a distinct asset class on par with traditional commodities such as gold. He noted that BlackRock is discussing…
As the adoption of blockchain technology grows, scalability has become a pressing concern for significant networks like Ethereum. Due to high traffic in the network, which results in higher transaction fees and low speed, the rise of Layer 2 solutions like roll-ups has sprung up to solve this scalability issue.Rollups are akin to adding express lanes next to a congested highway (the Ethereum main chain). These express lanes (Layer 2 solutions) process transactions off-chain and submit results to the main chain, thereby increasing throughput(the rate at which a blockchain processes transactions, reducing latency, and lowering fees. Rollups do not only…
Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Dogecoin (DOGE), the leading meme coin in terms of market capitalization, has witnessed a significant bullish development. Memecoin…
According to the latest data from Eurostat, industrial production in the euro area rose by a solid 1.8% month-on-month in August, a sharp recovery from the 0.5% decline in July.This increase was reflected in a 1.3% increase across the broader EU. On a year-on-year basis, industrial production in the euro area grew moderately by 0.1%, while in the EU it grew by 0.2%. Germany played a key role in driving the monthly recovery, with industrial production increasing by 3.3%, offsetting the drop in July. Other major countries such as France and the Netherlands also recorded significant growth of 1.4% and…
Associate Professor Grigor Sariski A professor at the Economic Institute of the Bulgarian Academy of Sciences (BAS) expressed doubts about the feasibility of 3%. deficit Goals outlined in BulgariaIn an interview with Bulgarian National Television (BNR), he expressed concerns about the country's fiscal health and prospects for joining the eurozone. Sariski He highlighted the forecast provided by Acting Finance Minister Lyudmila Petkova, which predicts a significant increase in fiscal spending of about 18 billion leva, while revenue growth will be only 6 billion leva. This difference suggests a budget deficit An increase of almost 12 billion levs. Sariski If this…
Sponsored post* 2024 is shaping up to be another exciting year for crypto investors, with many looking for the next big project that will bring them big returns. There are thousands of tokens available, but three are the most promising: Ethereum (ETH), Pepecoin (PEPE), and Mpepe (MPEPE). These tokens represent a combination of years of blockchain innovation, meme culture, decentralized finance (De-Fi) and breakthrough advances in gaming. Ethereum (ETH): the foundation of decentralized finance Ethereum (ETH), the second largest cryptocurrency by market capitalization, continues to lead the way in De-Fi innovation and decentralized applications (dApps). In 2024, Ethereum (ETH) is…
usa spot Bitcoin BTC/USD Flows into ETFs jumped $555.8 million on Monday, with 10 of 12 ETFs reporting net inflows. what happened: of Fidelity Wise Origin Bitcoin Fund FBTC It led the inflow and collected $239.25 million. Bitcoin ETF per bit BITB That was followed by $100 million, according to SoSoValue data. black rock iShares Bitcoin Trust ibitThe largest Spot Bitcoin ETF by net assets reported net inflows of $79.5 million. Like other ETFs ARK 21Shares Bitcoin ETF ARKB and grayscale bitcoin trust GBTC also recorded a significant influx. This day's net inflows were the highest since July. ETF Store…
In the euro area, this indicator increased by 1.8% month-on-month. EU industrial production (seasonally adjusted) increased by 1.3% in August 2024 compared to July. In the euro area, this indicator increased by 1.8% month-on-month. This is evidenced by preliminary data from Eurostat. Compared to August 2023, industrial production in the euro area increased by 0.1% and in the EU by 0.2%. Among EU member states, the highest monthly growth rates in industrial production in August were in Ireland (+4.5%), Germany (+3.3%) and Lithuania (+3.3%). The largest declines were recorded in Luxembourg (-9.2%), Croatia (-4.6%) and Denmark (-4.5%). The countries with…