{"id":565579,"date":"2021-02-02T21:06:15","date_gmt":"2021-02-02T18:06:15","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=565579"},"modified":"2021-02-02T21:06:15","modified_gmt":"2021-02-02T18:06:15","slug":"ethereum-sets-new-ath-of-1500-as-amount-staked-on-eth-2-0-hits-4-3b","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/ethereum-sets-new-ath-of-1500-as-amount-staked-on-eth-2-0-hits-4-3b\/","title":{"rendered":"Ethereum Sets New ATH of $1,500 as Amount Staked on ETH 2.0 Hits $4.3B"},"content":{"rendered":"<p><strong>Quick take:<\/strong><\/p>\n<ul>\n<li><strong>Ethereum has just posted a new all-time high of $1,500<\/strong><\/li>\n<li><strong>At the same time, the value of ETH staked on ETH 2.0 hits $4.3 Billion<\/strong><\/li>\n<li><strong>February is a bullish month for Ethereum and this could be the beginning of more gains<\/strong><\/li>\n<\/ul>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/category\/news\/latest-ethereum-eth-news\/\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Ethereum<\/a> has just set a new all-time high of $1,500 &#8211; Binance rate. The move to this new territory comes after Ethereum broke <a href=\"https:\/\/en.ethereumworldnews.com\/ethereums-1350-is-the-level-to-watch-ahead-of-the-monthly-close\/\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">an earlier identified<\/a> ascending triangle that could propel the digital asset to further heights due to the following four events happening in the month of February.<\/p>\n<ul>\n<li>The launch of <a href=\"https:\/\/en.ethereumworldnews.com\/cme-ethereum-futures-launch-legitimizes-eth-to-institutional-investors\/\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">the CME Ethereum futures<\/a> contracts on February 8th<\/li>\n<li>Grayscale&#8217;s Ethereum trust opening private placement of its shares to institutional investors<\/li>\n<li>Mike Novogratz&#8217;s Galaxy Digital planning to launch several Ethereum-focused funds as early as mid-February<\/li>\n<li>Consensys hosting a webinar this Thursday, February 4th, geared towards demystifying ETH 2.0 staking to institutional investors<\/li>\n<\/ul>\n<h2>Over $4.3 Billion Locked in the ETH 2.0 Deposit Contract<\/h2>\n<p>With respect to staking, earlier today, the Ethereum 2.0 deposit contract broke $4 Billion in terms of value locked. This milestone was first highlighted by the team at Glassnode via <a href=\"https:\/\/twitter.com\/glassnodealerts\/status\/1356531723807428609\" rel=\"nofollow noopener\">the following statement<\/a> and chart.<\/p>\n<blockquote><p><span class=\"r-18u37iz\">#Ethereum<\/span> <span class=\"r-18u37iz\">$ETH<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> Total Value in the ETH 2.0 Deposit Contract just reached an ATH of $4,099,368,001.66 Previous ATH of $4,057,383,552.67 was observed on 29 January 2021.<\/span><\/p><\/blockquote>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/ETH-2-staking-exceeding-4-b.jpg\"><img class=\"aligncenter size-full wp-image-565580\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/ETH-2-staking-exceeding-4-b.jpg\" alt=\"\" width=\"680\" height=\"340\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/ETH-2-staking-exceeding-4-b.jpg 680w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/ETH-2-staking-exceeding-4-b-300x150.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/ETH-2-staking-exceeding-4-b-500x250.jpg 500w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/ETH-2-staking-exceeding-4-b-532x266.jpg 532w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/ETH-2-staking-exceeding-4-b-240x120.jpg 240w\" sizes=\"(max-width: 680px) 100vw, 680px\" title=\"\"><\/a><\/p>\n<p>Furthermore, according to <a href=\"https:\/\/dappradar.com\/hub\/wallet\/0x00000000219ab540356cbb839cbe05303d7705fa\" target=\"_blank\" rel=\"nofollow noopener\" data-schema-attribute=\"\">DappRadar.com<\/a>, a total of 2,907,234 ETH is currently locked in the Ethereum 2.0 deposit contract. This amount of Ethereum translates to $4.3 Billion in total value locked as seen in the following screenshot.<\/p>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/DappRadar-ETH-2-Staking-Feb-2nd.jpg\"><img class=\"aligncenter wp-image-565581 \" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/DappRadar-ETH-2-Staking-Feb-2nd-1024x879.jpg\" alt=\"\" width=\"784\" height=\"673\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/DappRadar-ETH-2-Staking-Feb-2nd-1024x879.jpg 1024w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/DappRadar-ETH-2-Staking-Feb-2nd-300x258.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/DappRadar-ETH-2-Staking-Feb-2nd-770x661.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/DappRadar-ETH-2-Staking-Feb-2nd-500x429.jpg 500w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/DappRadar-ETH-2-Staking-Feb-2nd-240x206.jpg 240w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/DappRadar-ETH-2-Staking-Feb-2nd-717x615.jpg 717w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/02\/DappRadar-ETH-2-Staking-Feb-2nd.jpg 1200w\" sizes=\"(max-width: 784px) 100vw, 784px\" title=\"\"><\/a><\/p>\n<h2>Ethereum Could Go as High as $1,800 &#8211; $2,000<\/h2>\n<p>At the time of writing, Ethereum is trading at $1,474 in what looks like consolidation in an attempt to flip the $1,500 price area into support. According to the team at Crypterium analytics, this price area is pivotal towards <a href=\"https:\/\/en.ethereumworldnews.com\/ethereum-eth-could-hit-2k-in-the-next-5-months-crypto-analyst\/\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Ethereum reaching $1,800<\/a> and beyond. <a href=\"https:\/\/crypterium.com\/news\/post\/crypto-daily-btc-and-eth-are-ready-to-new-growth\" target=\"_blank\" rel=\"nofollow noopener\" data-schema-attribute=\"\">They explained<\/a>:<\/p>\n<blockquote><p>If on the daily timeframe, the candlestick fixes above $1,400, then Ethereum will not only set a new ATH in the near future, but also soar well above $1,500.The nearest stop, in this case, may be the $1,800 \u2014 $2,000 range.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Quick take: Ethereum has just posted a new all-time high of $1,500 At the same time, the value of ETH staked on ETH 2.0 hits $4.3 Billion February is a bullish month for Ethereum and this could be the beginning of more gains Ethereum has just set a new all-time high of $1,500 &#8211; Binance rate. The move to this new territory comes after Ethereum broke an earlier identified ascending triangle that could propel the digital asset to further heights [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":562360,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[823],"tags":[108212,1322,5016],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/565579"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=565579"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/565579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/562360"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=565579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=565579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=565579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}