#Ethereum

The cryptocurrency market remained steady over the weekend, with no major volatility. However, by Monday morning, BTC had risen by 4%. Here’s an analysis of the market situation for Bitcoin (BTC), Ethereum (ETH), and Pax Gold (PAXG) as of Monday, October 23.

Joseph Lubin is facing a lawsuit from over two dozen former employees of his blockchain firm, ConsenSys.

A sharp decline has been observed in the Ethereum blockchain validator queue, even touching a record low of zero, as highlighted by Validator Queues.

Since the Shapella upgrade, Ethereum’s queue of potential validators has dwindled to near emptiness.

JPMorgan’s research report reveals that Ethereum has witnessed a surge in ETH staking following the Merge and Shanghai upgrades. However, this growth comes at a cost: increased centralization and reduced overall staking yields.

Ethereum co-founder Vitalik Buterin has initiated a transfer of $14.9 million in USDC to the Gemini cryptocurrency exchange, thereby adding to the growing number of similar transactions in recent months.

Cardano's founder, Charles Hoskinson, has criticized the Ripple community for insinuating that Ethereum might have been involved in the SEC's case against XRP.