BILLIONS Are Pouring Into Ethereum 2.0 Staking Contract!



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Big Bets Are Being Made on Ethereum 2.0

Ethereum has been trading sideways like most of the crypto market. When news leaked about President Joe Biden’s executive order, Ethereum prematurely rose 6% before falling back below $2,700, then falling even more to around $2,500 at the time of writing, which is down 10% in the past 7 days. It didn’t feel like too long ago, December 10th, when Ethereum pushed past $4,200, and now, breaking the $3,000 resistance level has been a challenge, only breaking past $3,000 one time since February 17th. More bearish news recently came out when Business Insider reported that Ethereum gas fees plummet to a six-month low. The reason, or reasons, for the declining gas fees could be a myriad of things; the declining interest in NFTs and DeFi, the conflict between Russia and Ukraine, inflation concerns, ‘Ethereum Killers’. Regardless of the reason, the short-term outlook for Ethereum looks bearish. However, long-term investors are betting big on Ethereum.


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As reported by Decrypt.co, Ethereum 2.0 Staking Contract Now Holds 10 Million ETH. Depositors poured in $25 Billion into Ethereum 2.0, now called Consensus Layer, Ethereum’s most anticipated upgrade. Batches of 32 ETH deposits are now validators on Ethereum Beacon Chain which is the first step toward the Consensus Layer. The most notable change will be Ethereum’s transition from Proof of Work to Proof of Stake.
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11 thoughts on “BILLIONS Are Pouring Into Ethereum 2.0 Staking Contract!

  • April 3, 2022 at 2:55 am
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    I lost 50 percent on eth

    Reply
  • April 3, 2022 at 2:55 am
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    Give US English Subtitle to Your video

    Reply
  • April 3, 2022 at 2:55 am
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    Bro Put US English Subtitle to Your video

    Reply
  • April 3, 2022 at 2:55 am
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    Zk rollups a layer 2 solution for ETH just announced they are two years ahead of schedule. zk rollups can help ETH do 100 000 TPS at a cost of five cents. ETH After the merge is going to destroy all competion. ETH is the winner and 200 000 delevopers working on Dapps proves this. 50 of the top 200 coins run on Ethereum. ETH is 7 years ahead of evey ETH kkiller out there and 200 000 people are still building on it. People diss ETH cause they want you to invest in there shit coins like ADA and SOlana that crashed twice this year.

    Reply
  • April 3, 2022 at 2:55 am
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    SHIBA INU
    CHEEMS INU
    BRISE
    METAPETS
    VERY GOOD❤❤❤

    Reply
  • April 3, 2022 at 2:55 am
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    Be greedy when others are fearful! -WB

    Reply
  • April 3, 2022 at 2:55 am
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    At current prices if you were accessed a 1ETH gas fee it would be ~2.5k USD.

    However, if the price were to rise to $50,000.00 that 1 ETH gas fee would also be 50k USD!

    Who in their right mind would use, nevermind invest, in something like that?

    Reply
  • April 3, 2022 at 2:55 am
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    I dont believe it

    Reply
  • April 3, 2022 at 2:55 am
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    💎✋🚀🚨💯

    Reply

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