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Analyst Michael van de Poppe has claimed that Bitcoin will reach a new all-time high in a few weeks.
Ethereum validators and the total amount of ETH staked have been increasing. Currently, there are close to 1.1 million validators on the network with 34.8 million ETH staked.
Share link:In this post: The Ethereum Network has more staked Ether and validators than ever before, but this might not necessarily be the best outcome. Lachlan Feeney, founder and CEO of Ethereum infrastructure firm Labrys, says nobody knows the ideal amount of staked Ether, but he thinks the limit may have already been passed. Too much staked Ether could cause issues such as failed transactions and the forced use of other tokens in the Ethereum ecosystem.
- 03:43Data: Since the beginning of this month, the on-chain USDT supply of Aptos has increased from about 20 million to approximately 100 millionAccording to Token Terminal data, the supply of USDT circulating on the Aptos network continues to rise. Since the beginning of this month, the supply of USDT on the Aptos chain has increased from about 20 million to about 100 million.
- 03:34Amber Group associated address withdrew 6.92 million ENA from CEX 10 hours ago, valued at 4.78 million US dollarsAccording to on-chain analyst @ai_9684xtpa, Amber Group's associated address withdrew 6.92 million ENA from CEX 10 hours ago, worth 4.78 million USD. It has now been distributed to two wallet addresses, and the receiving addresses have not yet transferred or sold. Due to market improvement, the issuance of USDe has risen to 4.1 billion coins, and sUSDeAPY has also rebounded to 29%; In the past seven days, the price of ENA coin has increased by nearly 20%, with a current price of $0.7119.
- 03:2910x Research: Dramatic decline in money supply triggers concerns among Bitcoin tradersAccording to 10x Research on X, the global money supply has increased by more than 50 trillion US dollars in the past decade, a macroeconomic indicator that is often discussed. This surge seems to benefit Bitcoin holders as the "money printing" effect enhances its appeal as a hedge tool. However, the global money supply has recently experienced another sharp increase, which historically leads to changes in Bitcoin prices about ten weeks later. But after that, it saw a significant decline. Therefore, traders who are bullish on Bitcoin based on summer money supply growth data may now need to shift to a bearish attitude.
