The latest halt comes as the six-month lock-up period for selling the recently purchased shares of the Grayscale Bitcoin fund comes to an end. Also, it comes as Grayscle’s total assets under management (AUM) crossed $15.7 billion.
As for the Ethereum ecosystem, a lot has been taking place underground with the launching of phase 0 of ETH 2.0 that encompasses the Beacon Chain launch with notable investors on board.
The CME Group’s Ether Futures is one of the many crypto products set to go live in 2021.
Buterin has asked users to maintain caution with the volatile asset class and revealed that he had sold half of his Bitcoin holdings in 2013 to avoid going broke.
The Ethereum ETF is the first of its kind to be listed on a major stock exchange. It is backed by 3iQ with Gemini Custody Services managing the ETF.
MEW has become the first Ethereum wallet to announced staking with the PoS Ethereum 2.0. The service launch comes in partnership with Staked who will be running validator nodes on behalf of MEW.
Grayscale revealed that there had been a significant increase in Ethereum investors in 2020.
With the full implementation of the scaling solutions, the Ethereum network will now be able to process up to 10,000 transactions per second.
Speaking at the Asia Pacific Conference 2020, Lubin hinted that the next phase of the Eth2 may be rolled out in 9-12 months from now.
After growing actively at the beginning of the week, the leading altcoin stabilized near 590.00 USD.
Vitalik Buterin presented a detailed roadmap ahead for the transitions to the PoS Ethereum 2.0. He talked about sharding implementations and the use of scalability solutions like rollups.
The latest decision of splitting the ETHE shares comes on the heels of improving its market liquidity and promote higher investor participation. The Grayscale Ethereum Trust (ETHE) holds more than $1.6 billion worth of assets under management.
The launch of Ethereum 2.0 today will be followed by other significant events including the ushering in of the Shard Chains and subsequently the merger of the current PoW Ethereum and the PoS Ethereum.
Ethplorer isn’t the only Ethereum tracking service out there. What makes it unique is its ability to track any number of addresses and transactions – millions if needed.
Coinbase said that it will support ETH 2.0 staking rewards in eligible jurisdictions starting from early 2021. Other crypto exchanges like Huobi, Kucoin, and Binance has also made similar announcements.