Fuel

Staked ETH eclipses 35m as crypto reserves fuel supply squeeze

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Staked ETH eclipses 35m as crypto reserves fuel supply squeeze

With a record 35 million Ether now staked, liquidity is tightening as investors opt for passive yield over short-term trades. Corporate treasuries, led by firms like SharpLink, are accelerating the trend. According to Dune Analytics data, the total amount of staked Ether (ETH) surged past 35 million tokens this week, marking a new all-time high … Read more

$5Bn FTX Stimulus Drop Is About To Fuel New Bitcoin ATH: Here’s Why

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$5 billion of fresh capital being injected into the crypto markets via the FTX repayments could lead Bitcoin to a new all-time high

Over $5 billion will be distributed to FTX creditors from the bankrupt crypto exchange’s estate in the coming weeks, as the next wave of reimbursements is set to take place on May 30, according to the FTX Recovery Trust’s statement released yesterday (May 15). The upcoming May 30 distributions are the second phase of the … Read more