BitMine Locks $1B ETH in 48 Hours: Is a Supply Squeeze Imminent?

BitMine Locks $1B ETH in 48 Hours: Is a Supply Squeeze Imminent?

BitMine Immersion Technologies staked over $1 billion in ETH in 48 hours, tightening the liquid supply and raising concerns about a potential supply squeeze. The growing corporate demand for passive yield through staking is driving this trend, with significant implications for the Ethereum network and the broader cryptocurrency market.

Ethereum Staking Entry Queue Surpasses Exit Queue After 3 Months — What’s Next for ETH?

Ethereum Staking Entry Queue Surpasses Exit Queue After 3 Months — What’s Next for ETH?

Ethereum staking entry queue surpasses exit queue after three months, signaling a potential shift in market sentiment and renewed confidence in ETH’s staking rewards. Analysts speculate ETH’s price could double as unstaking pressure weakens.