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Top related persons:
Ethereum - 1 it's - 1 Ethereum haven't - 1 Matthew Sigel - 1 Andrew Ballinger - 1 hadn't - 1 Maria Shen - 1 Shen - 1
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Bitcoin FTX First Republic Shanghai ETH Solana Cardano
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Metrics - 1 First - 1 ETH - 1 Electric - 1

Search resuls for: "Andrew Ballinger"


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☆ It’s been one year since the Ethereum merge. Here’s how the network is doing on its goals.
  + stars: | 2023-09-17 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +6 min
Despite ether's recent price action, the network has been thriving since the "merge" – and could just be getting started. Still, market participants are seeing and feeling the success of the Ethereum merge. Here's how Ethereum is doing on some of its post-merge goals: Yields Ether's staking reward reference rate was 5.854% per annum on Sept. 15, 2022, according to Ethereum data provider Beaconchain. The percentage of ether supply being staked has risen from 11.99% on Sept. 15, 2022, to 20.46% on Aug. 30 of this year. Burning fees and decreasing supply Ethereum has a mechanism programmed in to regulate the network's notoriously high transaction fees, called gas fees, by "burning" them.
Persons: Ethereum, it's, Ethereum haven't, Matthew Sigel, Andrew Ballinger, hadn't, Maria Shen, Shen, It's Organizations: Metrics, First, ETH, Electric Locations: Bitcoin, FTX, First Republic, Shanghai, ETH, Solana, Cardano
☆ Ether has been climbing ahead of its planned 'Shanghai' tech upgrade. Here's what the event could mean for crypto investors
  + stars: | 2023-04-09 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +5 min
Ether rose last week as investors looked ahead to the Ethereum network's next big tech upgrade. "And greater participation in ETH staking strengthens the security of the Ethereum network as a whole." Data from CryptoQuant suggests any sell pressure would be low, however. Currently, however, the majority of the ETH staked (54%, or 9.7 million ETH) is currently at a loss, the firm said. "Given there's a limited amount of participants that can exit in a day, this sell pressure will not be as instant or violent as advertised by some commentators," he said.
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