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Ethereum 2.0 Exceeds 200K Validators, Has 6.6 Million ETH in Staking

Ethereum 2.0 has added more validators to its tally recently, taking the total staking on the platform to $14 billion or 6.6 million ETH tokens.

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Ethereum 2.0 has added more validators to its tally recently, taking the total staking on the platform to $14 billion. The network has seen its validator count jump from 180,000 to more than 200,000 in just four weeks. The addition of new individuals has certainly inflated the amount of Ether staked on Ethereum 2.0, which currently stands at over 6.6 million tokens.

Ethereum 2.0 Staking Surpasses 200K Validators

Ethereum’s move towards a proof-of-stake consensus and other features that bring scalability and speed to the network continues to inspire investor confidence. Last month, the platform held 5.91 million ETH tokens worth almost $12.7 billion. This figure has now breached 6.6 million ETH, which represents $14 billion in fiat money.

The network is yet to see the implementation of the update but has recently approved the proposal that allows Ethereum’s transition from a proof-of-work model. Presently, its developers are working on the London hard fork update, which is scheduled to be deployed on August 4. The upgrade contains the highly anticipated EIP-1559 proposal that changes the protocol’s fee structure. It will also improve transaction times and introduce a Bitcoin-like supply cap on Ether’s supply.

The London hard fork is a hotly debated subject for many miners since it will reduce their earnings from the transaction fees. Some crypto analysts believe that this will trigger a migration of Ethereum miners to other competing chains, consequently affecting the network’s security and block times negatively.

Vitalik Butern Wants Ethereum Utility to Span Across DeFi

Ethereum’s lead developer and co-founder Vitalik Buterin wants Ethereum’s utility to grow beyond the decentralized finance (DeFi) space. Buterin outlined his vision for the blockchain at the recent EthCC conference in Paris. Among other things, he said that “the decentralized space just is a bigger delta from centralized finance than it is from centralized other things.”

Furthermore, he indicated that Ethereum has several applications beyond the financial field and it should go further than DeFi. “Ethereum being defined by DeFi is better than Ethereum being defined by nothing, but we have to go further,” Buterin noted.

The altcoin market leader has made a comeback in the last few days after Bitcoin showed signs of recovery. At the end of last week, Ethereum started trading above the $1,900 mark and bounced to more than $2,000. The latest rally could push the currency even higher in the coming days. As of press time, Ethereum was changing hands at around $2,186.

READ  Ethereum 2.0 Developer Announces New Bug Bounty Program

#Ethereum 2.0 #Ethereum 2.0 Staking #London Hard Fork #Vitalik Buterin

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Source: https://www.cryptoknowmics.com/news/ethereum-2-0-exceeds-200k-validators-has-6-6-million-eth-in-staking

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Around 30% of Swing State Voters Want Bitcoin as Legal Payment Method: Poll

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According to a survey, approximately every third swing state resident would like to see local authorities legalizing cryptocurrencies as a payment option. While general support towards private digital currencies is on a high level, the locals still need to learn more, the research revealed.

Texas and Wisconsin Rank First

The London-based polling firm Redfield & Wilton Strategies conducted a survey among over 9,700 eligible voters in 10 swing US states to determine their opinion on some of the latest cryptocurrency developments. Namely, those were California, Florida, Texas, Arizona, Wisconsin, Georgia, North Carolina, Ohio, Pennsylvania, and Virginia.

Asked whether they want their local authorities to legalize digital assets for payments, nearly one-third answered “yes.” Taking a closer look at the different states, Arizona residents seem the most skeptical, with 28% supporting the idea. On the other hand, Texas and Wisconsin head the statistics registering 37% in favor of the initiative.

The “Lone Star State” citizens topped another ranking as 42% would like to follow Wyoming’s crypto-friendly legislation where cryptocurrency transactions are free of taxes. Arizona (25%) bottomed that statistic as well.

Most of the states in the USA have been historically consistent in their votes and have never changed their either democratic or republican stance in the period between 2000 and 2016. However, there are 13 of them, known as swing or battleground states, that usually decide the results of each political campaign.


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The cryptocurrency development in recent years could be another factor that politicians should keep in mind, as Louisa Idel, head of insights at Redfield & Wilton, pointed out:

“If a party wants to catch these receptive voters, it should act swiftly – not only to beat the other party to the punch but also to preempt legislation that would prove difficult to reverse if enacted.”

Most Americans Have Heard only about BTC

While a significant chunk of the US society would like to see cryptocurrencies as a legal means of payment, it also needs to improve its knowledge on the matter.

According to the results, the majority of the voters have only heard or read about bitcoin. Over 60% of them have no knowledge about any other altcoins such as Ethereum (ETH). Even among those familiar with the primary digital asset, nearly 50% said they only knew “a little bit,” while less than 25% consider themselves knowledgeable on the topic.

On the question “Have you heard of cryptocurrencies before the poll?” 14% of Georgia’s residents answered with “no.” Awareness was the highest in Florida, where only 8% of the locals got familiar with digital assets after the survey.

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Source: https://coingenius.news/around-30-of-swing-state-voters-want-bitcoin-as-legal-payment-method-poll-13/?utm_source=rss&utm_medium=rss&utm_campaign=around-30-of-swing-state-voters-want-bitcoin-as-legal-payment-method-poll-13

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Around 30% of Swing State Voters Want Bitcoin as Legal Payment Method: Poll

Published

on

According to a survey, approximately every third swing state resident would like to see local authorities legalizing cryptocurrencies as a payment option. While general support towards private digital currencies is on a high level, the locals still need to learn more, the research revealed.

Texas and Wisconsin Rank First

The London-based polling firm Redfield & Wilton Strategies conducted a survey among over 9,700 eligible voters in 10 swing US states to determine their opinion on some of the latest cryptocurrency developments. Namely, those were California, Florida, Texas, Arizona, Wisconsin, Georgia, North Carolina, Ohio, Pennsylvania, and Virginia.

Asked whether they want their local authorities to legalize digital assets for payments, nearly one-third answered “yes.” Taking a closer look at the different states, Arizona residents seem the most skeptical, with 28% supporting the idea. On the other hand, Texas and Wisconsin head the statistics registering 37% in favor of the initiative.

The “Lone Star State” citizens topped another ranking as 42% would like to follow Wyoming’s crypto-friendly legislation where cryptocurrency transactions are free of taxes. Arizona (25%) bottomed that statistic as well.

Most of the states in the USA have been historically consistent in their votes and have never changed their either democratic or republican stance in the period between 2000 and 2016. However, there are 13 of them, known as swing or battleground states, that usually decide the results of each political campaign.


ADVERTISEMENT

The cryptocurrency development in recent years could be another factor that politicians should keep in mind, as Louisa Idel, head of insights at Redfield & Wilton, pointed out:

“If a party wants to catch these receptive voters, it should act swiftly – not only to beat the other party to the punch but also to preempt legislation that would prove difficult to reverse if enacted.”

Most Americans Have Heard only about BTC

While a significant chunk of the US society would like to see cryptocurrencies as a legal means of payment, it also needs to improve its knowledge on the matter.

According to the results, the majority of the voters have only heard or read about bitcoin. Over 60% of them have no knowledge about any other altcoins such as Ethereum (ETH). Even among those familiar with the primary digital asset, nearly 50% said they only knew “a little bit,” while less than 25% consider themselves knowledgeable on the topic.

On the question “Have you heard of cryptocurrencies before the poll?” 14% of Georgia’s residents answered with “no.” Awareness was the highest in Florida, where only 8% of the locals got familiar with digital assets after the survey.

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Source: https://coingenius.news/around-30-of-swing-state-voters-want-bitcoin-as-legal-payment-method-poll-13/?utm_source=rss&utm_medium=rss&utm_campaign=around-30-of-swing-state-voters-want-bitcoin-as-legal-payment-method-poll-13

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AI

Around 30% of Swing State Voters Want Bitcoin as Legal Payment Method: Poll

Published

on

According to a survey, approximately every third swing state resident would like to see local authorities legalizing cryptocurrencies as a payment option. While general support towards private digital currencies is on a high level, the locals still need to learn more, the research revealed.

Texas and Wisconsin Rank First

The London-based polling firm Redfield & Wilton Strategies conducted a survey among over 9,700 eligible voters in 10 swing US states to determine their opinion on some of the latest cryptocurrency developments. Namely, those were California, Florida, Texas, Arizona, Wisconsin, Georgia, North Carolina, Ohio, Pennsylvania, and Virginia.

Asked whether they want their local authorities to legalize digital assets for payments, nearly one-third answered “yes.” Taking a closer look at the different states, Arizona residents seem the most skeptical, with 28% supporting the idea. On the other hand, Texas and Wisconsin head the statistics registering 37% in favor of the initiative.

The “Lone Star State” citizens topped another ranking as 42% would like to follow Wyoming’s crypto-friendly legislation where cryptocurrency transactions are free of taxes. Arizona (25%) bottomed that statistic as well.

Most of the states in the USA have been historically consistent in their votes and have never changed their either democratic or republican stance in the period between 2000 and 2016. However, there are 13 of them, known as swing or battleground states, that usually decide the results of each political campaign.


ADVERTISEMENT

The cryptocurrency development in recent years could be another factor that politicians should keep in mind, as Louisa Idel, head of insights at Redfield & Wilton, pointed out:

“If a party wants to catch these receptive voters, it should act swiftly – not only to beat the other party to the punch but also to preempt legislation that would prove difficult to reverse if enacted.”

Most Americans Have Heard only about BTC

While a significant chunk of the US society would like to see cryptocurrencies as a legal means of payment, it also needs to improve its knowledge on the matter.

According to the results, the majority of the voters have only heard or read about bitcoin. Over 60% of them have no knowledge about any other altcoins such as Ethereum (ETH). Even among those familiar with the primary digital asset, nearly 50% said they only knew “a little bit,” while less than 25% consider themselves knowledgeable on the topic.

On the question “Have you heard of cryptocurrencies before the poll?” 14% of Georgia’s residents answered with “no.” Awareness was the highest in Florida, where only 8% of the locals got familiar with digital assets after the survey.

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Source: https://coingenius.news/around-30-of-swing-state-voters-want-bitcoin-as-legal-payment-method-poll-13/?utm_source=rss&utm_medium=rss&utm_campaign=around-30-of-swing-state-voters-want-bitcoin-as-legal-payment-method-poll-13

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Cathie Wood’s Ark Invest Buys $89M Worth of TWTR After the Bitcoin Tips Integration

Published

on

According to a survey, approximately every third swing state resident would like to see local authorities legalizing cryptocurrencies as a payment option. While general support towards private digital currencies is on a high level, the locals still need to learn more, the research revealed.

Texas and Wisconsin Rank First

The London-based polling firm Redfield & Wilton Strategies conducted a survey among over 9,700 eligible voters in 10 swing US states to determine their opinion on some of the latest cryptocurrency developments. Namely, those were California, Florida, Texas, Arizona, Wisconsin, Georgia, North Carolina, Ohio, Pennsylvania, and Virginia.

Asked whether they want their local authorities to legalize digital assets for payments, nearly one-third answered “yes.” Taking a closer look at the different states, Arizona residents seem the most skeptical, with 28% supporting the idea. On the other hand, Texas and Wisconsin head the statistics registering 37% in favor of the initiative.

The “Lone Star State” citizens topped another ranking as 42% would like to follow Wyoming’s crypto-friendly legislation where cryptocurrency transactions are free of taxes. Arizona (25%) bottomed that statistic as well.

Most of the states in the USA have been historically consistent in their votes and have never changed their either democratic or republican stance in the period between 2000 and 2016. However, there are 13 of them, known as swing or battleground states, that usually decide the results of each political campaign.


ADVERTISEMENT

The cryptocurrency development in recent years could be another factor that politicians should keep in mind, as Louisa Idel, head of insights at Redfield & Wilton, pointed out:

“If a party wants to catch these receptive voters, it should act swiftly – not only to beat the other party to the punch but also to preempt legislation that would prove difficult to reverse if enacted.”

Most Americans Have Heard only about BTC

While a significant chunk of the US society would like to see cryptocurrencies as a legal means of payment, it also needs to improve its knowledge on the matter.

According to the results, the majority of the voters have only heard or read about bitcoin. Over 60% of them have no knowledge about any other altcoins such as Ethereum (ETH). Even among those familiar with the primary digital asset, nearly 50% said they only knew “a little bit,” while less than 25% consider themselves knowledgeable on the topic.

On the question “Have you heard of cryptocurrencies before the poll?” 14% of Georgia’s residents answered with “no.” Awareness was the highest in Florida, where only 8% of the locals got familiar with digital assets after the survey.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://coingenius.news/cathie-woods-ark-invest-buys-89m-worth-of-twtr-after-the-bitcoin-tips-integration-13/?utm_source=rss&utm_medium=rss&utm_campaign=cathie-woods-ark-invest-buys-89m-worth-of-twtr-after-the-bitcoin-tips-integration-13

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