Newsletter
SHIB Army NEWS
  • Home
  • SHIB Chart
  • SHIB Calculator
  • SHIB Twitter
  • SHIB Events
  • Donate
No Result
View All Result
  • Home
  • SHIB Chart
  • SHIB Calculator
  • SHIB Twitter
  • SHIB Events
  • Donate
No Result
View All Result
SHIB Army NEWS
No Result
View All Result
Home SHIB

Ethereum 2.0 Now Has Over 200k Validators, 6.42M ETH Staked

John P. Njui by John P. Njui
October 28, 2021
in SHIB
0
Ethereum 2.0 Now Has Over 200k Validators, 6.42M ETH Staked
72
SHARES
1.2k
VIEWS
Share on FacebookShare on TwitterRedditEmail

The Ethereum 2.0 network now has over 200k validators
The Ethereum 2.0 deposit contract now has 6.42 million ETH staked worth $14.857 Billion
Kraken is the largest single depositor with 12.5% of all ETH in the contract
Ethereum is back to trading above the 200-day moving average and could keep pushing higher with the London Upgrade on the 4th of August

The Ethereum 2.0 network how has over 200k validators. The chart below courtesy of CryptoQuant further illustrates the increment of validators on the Ethereum 2.0 network since December 2020.

Related articles

Price analysis 7/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT,  SHIB, LEO

Price analysis 7/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

July 7, 2022
SHIB continues to rise

SHIB continues to rise

July 7, 2022

Over 6.42 Million ETH is Currently Staked on the Ethereum 2.0 Deposit Contract

Furthermore, deposits to the Ethereum 2.0 contract continue to increase as the switch to a Proof-of-Stake algorithm, progresses on the network.

According to Etherescan, there is a total of 6,420,866 Ethereum on the ETH 2.0 deposit contract worth $14.857 Billion. The growth of deposits to the ETH 2.0 contract has been visualized through the following chart courtesy of CryptoQuant.com.

Kraken Is the Single Largest Depositor of ETH to the Ethereum 2.0 Contract

In a similar analysis of the amount of Ethereum validators and deposits to the ETH2.0 contract, the team at Weiss Crypto Ratings pointed out that Kraken is the single largest depositor of ETH as explained in the following statement.

The largest depositor by far is Kraken which stakes 12.5% of all ETH. In fact, exchanges have deposited 24.9%, staking pools 21.8%, and whales 10.1% of all ETH into ETH2.

Ethereum Reclaims the 200-day Moving Average as Support

With respect to price action, Ethereum has benefited positively from Bitcoin’s impressive push to the $40.5k price ceiling earlier this week. The push to $40.5k by Bitcoin resulted in Ethereum hitting a local peak value of $2,433 and thus managing to recapture the crucial 200-day moving average as support.

Ethereum’s impressive rebound in the crypto market has been highlighted in the following ETH/USDT chart.

At the time of writing, Ethereum is trading at the $2,300 price area with its bullish climb most likely to continue due to the following observations from its daily chart.

Ethereum is in bullish territory, trading above the 50-day moving average and the 200-day moving average
Trade volume is in the green for the last week
The daily MACD, MFI and RSI are yet to show exhaustion as investors anticipate the London Upgrade on the 4th of August
The 100-day moving average (yellow) provides an area of resistance around the $2,500 price area

Share29Tweet18ShareSend
Previous Post

Binance Reduces Daily Withdrawals for Unverified Accounts to 0.06 BTC

Next Post

Zilliqa-Ethereum Bridge To Be Launched After ETH’s London Hard Fork

Related Posts

Price analysis 7/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT,  SHIB, LEO

Price analysis 7/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

by John P. Njui
July 7, 2022
0

Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC...

SHIB continues to rise

SHIB continues to rise

by John P. Njui
July 7, 2022
0

submitted by /u/investold

Shiba Inu Plans to Launch Stablecoin, Reward Token, Collectible Card Game

Shiba Inu Plans to Launch Stablecoin, Reward Token, Collectible Card Game

by John P. Njui
July 6, 2022
0

Shiba Inu has grand plans to bolster its memecoin ecosystem with a stablecoin and metaverse integrations.

Top 3 Major Projects Planned For the Shiba Inu Ecosystem in 2022: Details

Top 3 Major Projects Planned For the Shiba Inu Ecosystem in 2022: Details

by John P. Njui
July 6, 2022
0

submitted by /u/Solodeji

Shiba Inu Now Supported by German-based Financial Service Provider

by John P. Njui
July 6, 2022
0

submitted by /u/Simple_Learn

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

shiba-inu Shiba Inu
$0.000011
$0.000011
EUR: €0.000011
GBP: £0.00000922
7D Chart1.74%
Categories
  • SHIB
  • SHIB Reddit
Tags
Featured kickex Shiba whitebit

© SHIB Army News

No Result
View All Result
  • Home
  • SHIB Chart
  • SHIB Calculator
  • SHIB Twitter
  • SHIB Events
  • Donate

© 2021 SHIBArmy.news

  • bitcoinBitcoin(BTC)$20,455.00
    BITCOIN
    24H : 1.78%
    Volume : $20,202,278,575.00
    Marketcap : $390,927,506,551.00
  • ethereumEthereum(ETH)$1,171.15
    ETHEREUM
    24H : 2.62%
    Volume : $13,257,390,823.00
    Marketcap : $140,474,740,211.00
  • tetherTether(USDT)$1.000
    TETHER
    24H : 0.440%
    Volume : $49,082,585,723.00
    Marketcap : $66,013,137,189.00
  • binancecoinBNB(BNB)$236.69
    BNB
    24H : 1.39%
    Volume : $1,167,559,296.00
    Marketcap : $38,680,757,345.00
  • cardanoCardano(ADA)$0.464
    CARDANO
    24H : 1.54%
    Volume : $606,807,144.00
    Marketcap : $15,696,545,794.00
  • dogecoinDogecoin(DOGE)$0.069
    DOGECOIN
    24H : 1.76%
    Volume : $330,108,131.00
    Marketcap : $9,120,276,426.00
  • shiba-inuShiba Inu(SHIB)$0.000011
    SHIBA INU
    24H : 1.74%
    Volume : $319,717,179.00
    Marketcap : $6,205,447,708.00