Tag: Ethereum

Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days

Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days

The Ethereum network’s ETH 2.0 contract has crossed the threshold needed to initiate the upcoming upgrade. Currently, there’s more 694,368 ether worth over $422 million resting in the contract, as developers hope the proof-of-stake launch will begin on December 1. At the end of the first week of November, the Ethereum Foundation initiated the first […]

Continue Reading

Ethereum 2.0 All Set For December 1st Launch As ETH Rallies Past $600

The much-anticipated upgrade of Ethereum from version 1 to version 2.0 will finally happen on December 1. This confirmation comes after the deposit contract fulfilled its ETH staking objective. ETH prices responded to the development by blasting past the $600 level. Ethereum 2.0 Deposit Contract Fulfils Staking Objective The Ethereum 2.0 deposit contract has met […]

Continue Reading

Eth2 deposit contract passes threshold needed for Phase 0 to launch on December 1

Eth2 deposit contract passes threshold needed for Phase 0 to launch on December 1

It’s official: the initial phase of Eth2’s multi-stage launch will begin on December 1. That’s because the deposit contract address, in which ETH is deposited for staking on the yet-to-launch network, passed the threshold — some 524,288 ETH — needed to initiate the beacon chain launch. The beacon chain can be thought of as a […]

Continue Reading

Aggregated open interest on Bitcoin, Ethereum options hit all-time highs this weekend

Aggregated open interest on Bitcoin, Ethereum options hit all-time highs this weekend

The aggregated open interest on bitcoin options reached $4.53 billion on Nov. 22, having grown $1.13 billion since Nov. 15. That’s nearly a 25% increase in a week, according to data from The Block Research. In addition to Bitcoin, the aggregated open interest on Ethereum options reached $780.05 million. Ethereum option open interest jumped $221.09 […]

Continue Reading