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Ethereum (ETH) Price Decline, Recent Cardano (ADA) Predictions, and More: Bits Recap August 1

TL;DR ETH slumped by 6% amid the broader market correction, but whale accumulation, a nine-year low in exchange balances, and steady ETF inflows hint at a possible rebound in the…

Continue ReadingEthereum (ETH) Price Decline, Recent Cardano (ADA) Predictions, and More: Bits Recap August 1

FTX Stakes $79M in ETH, Whales Are Buying, BlackRock’s ETHA Keep Growing

TL;DR FTX staked $79M ETH after withdrawing $75M, signaling renewed activity from major crypto players. BlackRock now holds 2.5% of all ETH, adding $375M more through its growing Ethereum ETF.…

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BlackRock’s ETH ETF Could Soon Offer Staking—SEC Filing Moves Forward

The US Securities and Exchange Commission has acknowledged BlackRock’s filing about allowing investors in its flagship Ethereum ETF to stake their assets. Although this development doesn’t guarantee an official approval…

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