Ether Funding Rates Normalizes After Merge
The Ether funding rates for ether futures hit their all-time highs because of a popular trade. Nearly a week after the Merge, when traders had to pay high fees to stay in their positions during a popular trade, funding rates on ether (ETH) futures have gone back to normal. Because of these trades, there were […]
The Merge: what it means for Ethereum and other cryptos
The Merge has got to be the topic of the day in the cryptocurrency space since Ethereum took a step further to upgrade its consensus mechanism. This article explains the phenomenon and what it means for Ethereum and the crypto industry at large. After Bitcoin, Ethereum is the second-most valuable digital currency in the world […]
Binance Introduces Ether Staking In The U.S. Ahead of “Merge.”
Binance will start giving its U.S. customers an annual percentage yield (APY) of 6% on amounts as low as 0.001 ETH. The cryptocurrency exchange Binance is adding staking for ether (ETH) in the U.S. This comes before the “Merge” of Ethereum. Binance will start giving its U.S. customers a 6% annual percentage yield (APY) for […]
BTC products dip while ETH products grow in August
As crypto market AUM data continue to decline despite the bad market, the forthcoming Merge has helped to drive up ETH products and trading activity. The trading volumes for Grayscale’s most well-known Bitcoin (BTC) and Ethereum (ETH) products, GBTC and GETH, respectively, both decreased by 24.4% and 23.2%, respectively, reflecting this. According to a report […]
Ethereum founder urges node operators to upgrade their clients
Vitalik Buterin, the founder of Ethereum, reminded node operators to update their clients as soon as possible on Twitter earlier today. The Ethereum team revealed that The Merge would take place in two stages last Wednesday. The first stage is the Bellatrix upgrade, which will take place at epoch 144896 on Ethereum’s proof-of-stake (PoS) Beacon […]