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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.
- 19:48US Bitcoin ETFs Net Inflows 789 BTC, Ether ETFs Net Inflows 13 ETH on 28 NovemberUpdated data on the X platform shows a net inflow of 789 BTC ($75.14 million) into the U.S. Bitcoin ETF and a net inflow of 13 ETH ($47.5 million) into the Ether ETF on 28 November.
- 19:47Capitol Macro: German, Spanish inflation data provide room for ECB to accelerate rate cutsInflation data from Germany and Spain mean the European Central Bank could accelerate the pace of rate cuts in December, said Andrew Kenningham, an economist at Capital Macro, in a report. German inflation held steady at 2.4 per cent in November, while Spanish inflation climbed to 2.4 per cent from 1.8 per cent in October.Kenningham said the data so far suggests that Capitol Macro's expectations that eurozone inflation would rise to 2.2 per cent in November, from 2.0 per cent in October, were too high. He added that given that the risk of inflation picking up again is diminishing and the risk of a prolonged period of stagnant growth is increasing, this provides a strong case for the ECB to accelerate the pace of interest rate cuts in December, raising its rate cut estimate to 50 basis points from 25 basis points.
- 19:46EtherDevs: AllCoreDevs Preliminary Consensus to Increase Blob Target/Max from 3/6 to 6/9Terence, an Ethernet protocol developer and Prysm maintainer, posted on the X platform that the AllCoreDevs meeting reached a preliminary consensus to raise the blob target/max from 3/6 to 6/9, with implementation subject to further testing and development of the network's results.
