Monthly Archives: November 2020

Ethereum 2.0 in sight: ETH course approaching 600 US dollars The deposit contract for Ethereum (ETH) 2.0 exceeds an important mark and paves the way for the Mainnet launch of the long-awaited ETH Upgrade. At the time of going to press, the total value of the capital paid into the Ethereum 2.0 Deposit Contract amounted to more than 185 million US dollars. It appears that whales are currently Financial Peak the main participants in ETH-Staking and small investors are still holding back. Ethereum whales dominate the staking process The Ethereum Deposit Contract started on 4 November 2020. Ethereum co-founders Vitalik Buterin himself deposited 3,200 ETH (about 2 million US dollars) shortly after the contract came into force. At present, the bulk of the stalled Ethereum comes from only three addresses and especially small investors are hesitant, as it is still unclear how long one has to deposit one’s ETH in…

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