According to Ultrasound data, the current supply of ETH has exceeded the pre-merger level of Ethereum PoS. The data shows that the current supply of ETH is 120,521,291, an increase from 120,521,140.92 at the time of the merger on September 15, 2022. Since Ethereum completed its conversion to the Proof of Stake (PoS) mechanism, 1,947,607.01 ETH have been destroyed, while 1,947,757.18 ETH have been newly issued, an increase of 150.17 ETH in net supply.
Gavin Wood, co-founder of Ethereum and founder of Polkadot, expressed his satisfaction with the decentralization of Polkadot in a recent interview with Forbes. According to Nakaflow data, Polkadot currently has a Satoshi coefficient of 149, which means that it would take at least 149 independent validators to join forces to break the network. In comparison, some other major blockchains score...
Spotify (SPOT. N) revenue in Q4 2024 4.24 billion euros, market expectations 4.153 billion euros, the same period last year 3.671 billion euros.
The Ethereum network successfully raised the block gas limit for the first time under the PoS mechanism after gaining the support of more than 50% of validators. The data shows that the gas limit has broken through to 31.50 million from the previous 30 million and is expected to eventually be adjusted to 36 million. This adjustment can be completed without a hard fork, providing support for network expansion. It is worth noting that the last gas cap adjustment of Ethereum occurred in 2021, when ...
According to Reuters, India is revisiting its stance on cryptocurrencies due to changes in the attitude of other countries towards the virtual asset. A senior Indian government official told Reuters on Sunday that the review could further delay the publication of a cryptocurrency discussion paper originally scheduled for September 2024. Ajay Seth, Secretary of Economic Affairs of India, said in an interview: "More than one or two jurisdictions are in the market for cryptocurrencies.
Crypto analyst Miles Deutscher posted on social media that there is now a classic sign that the market is currently leaning towards bearish (lights out mode). The market's reaction to news can tell investors all about sentiment. In a bull trend, the market shrugs off bad news, but the good news goes up as soon as it arrives. In a bear trend, the opposite is true, the market shrugs off good news and the bad news goes down as soon as it arrives. It is important to watch for early signs of a trend ...
According to Trader T monitoring, the BlackRock Ethereum ETF ETHA traded at a record high of $700 million yesterday. But the ETF had a net inflow/outflow of 0 yesterday. On the other hand, the BlackRock Bitcoin ETF traded at $4.20 billion yesterday. Similarly, the ETF had a net inflow/outflow of 0 yesterday.
According to Farside monitoring, yesterday Fidelity Ethereum ETF FETH net inflow of 49.70 million dollars, while Bitcoin ETF FBTC net outflow of 177.60 million dollars.
Ethereum founder Vitalik Buterin tweeted that the Pectra upgrade is expected to be launched in March, and one of the important updates is to increase the blob target from 3 to 6, which means that the capacity of the L2 network will be doubled. Vitalik suggested that the blob target be determined through the voting mechanism of the holders, so that it can be flexibly adjusted with technological progress without waiting for hard forks. At the same time, he is committed to EIP-4444 (historical data...
The euro against the dollar EUR/USD fell by more than 0.50% during the day and is now trading at 1.0307.
The European Stoxx 600 index narrowed its decline to 0.9%.
The final value of the manufacturing PMI in the euro zone in January was 46.6, compared with the previous value of 46.1.
The final eurozone manufacturing PMI hit an eight-month high of 46.6 in January, while the eurozone's manufacturing PMI output index hit an eight-month high of 47.1.