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According to a report by Blockworks Research, nearly 70% of institutional investors who hold Ethereum (ETH) engage in staking, and 52.6% of them own Liquid Staking Tokens (LST).Almost half of institutional investors staking ETH prefer to use only one integrated platform, such as Coinbase or Binance. Meanwhile, 60.6% of survey participants also use third-party staking platforms.According to the report, one in five institutional investors surveyed had more than 60% of their portfolio allocated to Ethereum or ETH-based LST. The survey includes exchanges, custodians, investment companies, asset managers, wallet providers, and banks.The report found that the main characteristics respondents considered when…

Investors are still pondering whether Dogecoin price can reach $1 in October 2024. Some analysts believe this price move isn’t all that outlandish, given the 7,000% return for Dogecoin rival WallitIQ (WLTQ), which is already listed on CoinMarketCap. And everyone agrees. It will increase over the next 19 days. Here’s why: WallitIQ (WLTQ) surprises the DeFi community with its revolutionary wallet WallitIQ (WLTQ) is at the forefront of the digital asset ownership revolution by leveraging the power of artificial intelligence to create an efficient and secure ecosystem of DeFi wallets. By integrating AI-powered interoperability solutions and enhancing data security, we…

Dogecoin price is gearing up for another big rally. In a recent price analysis on current price movements and historical price trends, one analyst suggested that Dogecoin is once again on a parabolic trajectory and the price could soar to $10. Dogecoin price showing parabolic pattern Recent Dogecoin price movements have put the meme coin back in the spotlight, with it seeing a notable breakout over the past few days. Memecoin’s price reached an all-time high of $0.129 in October. This rally has allowed Dogecoin to outperform many other large market cap cryptocurrencies in both daily and weekly performance. According…

XRPUSD 181024 daily chart Bitcoin: US economic data dampens expectations for Fed rate cut While news related to the SEC vs. Ripple case garnered attention, the US economic calendar continued to impact BTC demand. U.S. retail sales rose 0.4% in September after increasing 0.1% in August. Additionally, the number of new unemployment insurance claims fell from 260,000 (the week ending October 5) to 241,000 (the week ending October 12). Tighter labor market conditions could support wage growth and boost consumer spending and demand-driven inflation. Thursday’s U.S. data means the Fed may not be able to take too aggressive policy steps…

Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. As the Golden Cross approaches formation, the Shiba Inu is showing signs of a possible breakout. The 50-day…

Given the recent widespread market confidence, Bitcoin network activity has surged as trading by large investors, also known as whales, has soared significantly and hit new highs. When compared to the trading volume of the past few days, the growth is significant as the price of the crypto asset has started to recover from its lows. Bitcoin whale trading hits record levels According to market intelligence and on-chain data platform Santiment, Bitcoin whale trading has increased significantly over the past day, hitting new highs, suggesting increased activity among large holders. I am doing it. Specifically, this surge marks the highest…

The Justice Department said Eric Council Jr., a 25-year-old Alabama resident, was arrested on Thursday in connection with the unauthorized takeover of the Security and Exchange Commission’s X account, which caused the value of Bitcoin to soar by $1,000 in January. He was arrested in the morning. The hack occurred on January 9, the day before the SEC approved the long-awaited Spot Bitcoin exchange-traded fund. The hackers used the compromised accounts to falsely post approvals, according to a complaint filed in federal court in Washington, D.C. Shortly after, SEC Chairman Gary Gensler announced in a private statement that the claims…

Traders work on the floor of the New York Stock Exchange after the Federal Reserve’s interest rate announcement on September 18, 2024.Andrew Kelly ReuterStocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox.Here’s what CNBC TV producers were watching Thursday and what they’re watching for Friday’s trading session.Netflix revenueThe streaming giant reported better-than-expected revenue and earnings in the third quarter, sending its stock soaring toward record highs and posting a 35% increase in ad inventory subscribers…

Mark Cuban dismisses Dogecoin founder’s concerns: Kamala Harris is “day and night apart from Biden and far ahead of Trump” when it comes to understanding cryptocurrencies.Recent exchanges between entrepreneur Mark Cuban and crypto enthusiasts about shed light on.What happened: In response to Harris’ suggestion that the US government’s 200,000 Bitcoins should be transferred to the Treasury Department, Cuban offered insight into his discussions with Harris’ team on crypto policy.Don’t miss:He noted that the Treasury Department has a legal obligation to dispose of the confiscated assets, including the 69,000 Bitcoins it currently holds, in a taxpayer-friendly manner.“I was asking for the…

WorldCoin, the Sam Altman-backed digital identity initiative, announced a major rebrand as World and announced an ambitious goal to grow its user base to 1 billion people during its Oct. 17 keynote. Revealed the plan.The keynote, led by co-founders Altman and Alex Brannier, got the project off the ground after announcing a series of important updates aimed at accelerating global adoption of the decentralized identity platform. brought about big changes.This update includes the launch of World Chain, an Ethereum-secured layer 2 blockchain, and the rollout of a new version of the project’s biometric Orb device.Accelerating growthThe rebranding underscores World Network’s…