Crypto Traders Bet on Ether Staking Yields Jumping to 8% Post Merge

“By being a Variable Taker, you’re buying exposure to the variable rate and selling the current fixed rate on Voltz Protocol,” Simon Jones, Voltz CEO and co-founder, told CoinDesk. “With so many traders choosing to be VTs, this suggests the vast majority are expecting variable rates [staking yields] to increase substantially from where they are today.” Source

Bitcoin and Ether Fall; Angry That Hodlnaut Has Frozen Your Funds? Too Bad, It’s in the Terms and Conditions

Ether followed a similar pattern, rising over $2,000 late Sunday before falling below $1,900. The second largest crypto by market cap was recently down roughly 2.5% from the previous day, although well above levels earlier this summer amid amid growing investor enthusiasm for The Merge, which will change the Ethereum protocol from proof-of-work to the faster, more energy efficient proof-of-stake model. Two of Sunday’s big winners, the popular meme coins SHIB and DOGE, were losers a day later, recently plunging more than 9% and 7%, respectively. MATIC tumbled more than…

Spending $276M in Ether — Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETH – Bitcoin News

After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates. Mega Ethereum Whale Distributes 145,000 Ether to 9 Different Addresses On August 14, 2022, onchain data indicates that a whale who participated in the Ethereum Genesis ICO has moved 145,000 ETH to various addresses. The funds were worth $276 million using current ETH exchange rates. It was the first time the…

Brazil’s Largest Brokerage, XP, Launches Bitcoin, Ether Trading

XP’s crypto platform, named XTAGE, is built on the trading technology of major American stock exchange Nasdaq and will have an integration with MetaTrade 5, a forex and stock trading tool, the company said. XP added that it also tapped crypto custody firm BitGo to store XTAGE’s assets, most of which will be held in cold wallets not connected to the internet. Source

XRP PRICE CHART LEVELS, Bull v Bear, History vs Altcoin Market and Bitcoin Dominance, NFTs and SEC

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The XRP price chart has reached a historical support and resistance level over the last several months, which has been reactionary for over 5-years! In this video, I dive into the significance of this price level on the price chart, and show the relation of the XRP chart to the rest of the altcoin market and the Bitcoin price chart action. Historically, XRP’s price action has been tied to what the rest of the market is doing. Whether XRP is in a…

Solana Market Shrugs Off TVL Fakery With Price Rebound; Ether Climbs on Merge Anticipation

The second-largest cryptocurrency by market capitalization continued a two-month surge to crack $1,900 for the first time since late May. Ether was recently trading at about $1,850, about flat over the previous 24 hours as investors continued an early celebration of the Merge, which will shift the Ethereum protocol from a proof-of-work to less energy-sapping, more environmentally friendly proof-of-stake protocol. The token price has jumped more than 85% since dipping below $1,000 in mid-June. Source

Bitcoin Price Rises but Ether Outpaces as Merge Nears

●Bitcoin (BTC): $24,164 +1.9% ●Ether (ETH): $1,896 +3.9% ●S&P 500 daily close: 4,207.27 −0.1% ●Gold: $1,804 per troy ounce +0.4% ●Ten-year Treasury yield daily close: 2.89% +0.1 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Original