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Want to learn more about staking Ethereum (#ETH) after the recent #DencunFork and how it impacts your institution? Click here to learn more about your institutional-grade staking options with Blockdaemon. Stake with just a few clicks, today!

Is #Ethereum about to face more declines❓ 📉 The long-awaited launch of spot #EthereumETFs, initially met with optimism, ended in a major sell-off today, causing ETH to significantly decline. ⚠️ Even though this pattern follows #BitcoinETFs, reports suggest that Ethereum might struggle to recover. ⚠️ With major selling pressures from Mt.Gox and stagnant fundamentals, Ethereum needs help - 10x Research What is your view on this? 

Our latest newsletter takes a deep dive into Ethereum’s performance, examining its usage and price trends, while tackling the market’s growing doubts about ETH as a form of money. 👇 https://lnkd.in/dnksd6k6

💰📉 Ethereum's ecosystem is buzzing as insiders, including the Foundation and co-founder Vitalik Buterin, continue to offload ETH, contributing to recent market wobbling . The Foundation's latest move saw 100 ETH sold, adding to a year-to-date total of 3,966 ETH, valued around $11 million, keeping the token's market value steady but below its peak. This ongoing sell-off, especially amid relatively stable price moves, could trigger investor scrutiny and concerns. Will the Foundation's ETH sales affect future investor confidence in Ethereum? 🙃

#EthereumNews: The Ethereum Foundation is liquidating parts of its Ether balance to cover operational costs, selling 3,766 ETH in 2024 and moving 2,500 ETH to Bitstamp. This continuous selling raises concerns about downward pressure on ETH prices, which have decreased by 8% over 14 days amidst a volatile market. #CryptoNews #CryptospaceToday #Ethereum

$ETH: It looks like Ethereum has confirmed a B-wave price top. If this holds true, the C wave to the downside may test support around $2,956. However, B-waves are often unpredictable, and there's still a chance for the price to move higher in a more extended B-wave. Such a move would actually be advantageous for the bulls, allowing more space for the C wave to unfold. #ETH #Ethereum #ElliottWave

Cointelegraph, referencing Coinglass data, reported that if Ethereum (ETH) drops to $3,100, long positions totaling $212 million could face liquidation. Should it decline further to $3,000, the potential liquidation amount is projected to rise to $237 million. Over the past 24 hours, ETH has decreased by approximately 9.3%, leading to the forced liquidation of futures positions valued at $624 million ($514 million long and $110 million short). According to CoinMarketCap, ETH is currently trading at $3,235.03, reflecting an 8.10% decline.

Nice to catch up with Tom Carreras for the first time since he joined CoinDesk to discuss ETH ETFs. My thoughts: the sales pitch for ETH compared to BTC is much more difficult to get across to regular investors and the lack of staking rewards limits scope. Check out Tom’s piece below where he unpicks ETH ETFs lacklustre debut, relative to BTC, with great insights from Nathan Geraci, Quinn Thompson and Zach Pandl too. https://lnkd.in/em9y8_pR

#Ethereum has been handling the recent market dip well. Despite the fact that the price declined by 25% in one week, Ethereum staking is at all-time highs and there are some positive signs: - #ETH staking reached 34 million ETH staked, a new all-time high. - 27.8% of the circulating supply is in long term staking. - 1.06 million validators staking. - Despite last week's selloff, staking continues to grow. These numbers mean ETH investors continue to see ETH as a long-term asset, as staking is generally seen as a long-term commitment.