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Cryptocurrency Live News & Updates : Ethereum PoS Network Sees Major Queue Adjustments

Cryptocurrency Live News & Updates : Ethereum PoS Network Sees Major Queue Adjustments

Economic Times4 hours ago
Recent developments in the cryptocurrency landscape highlight various shifts and concerns. The Ethereum PoS network is currently facing notable changes in its validator queues, with a substantial exit queue of 888,416 ETH, valued at approximately $3.97 billion, and a withdrawal delay of 15 days. In contrast, the demand for new validators has waned, as indicated by a drop in the activation queue to 286,175 ETH. Meanwhile, financial expert Robert Kiyosaki has raised alarms about a potential stock market crash, suggesting that this could benefit assets like Bitcoin and gold, while posing risks for traditional pension holders. Additionally, Jamie Coutts from Real Vision forecasts that sovereign wealth funds will become significant players in Bitcoin and blockchain staking, potentially using these assets to support national prosperity and even fund social projects in the future. Lastly, Cardano's EMURGO has decided to stop delegating Genesis ADA to community representatives, aiming to enhance governance inclusivity. These developments reflect the dynamic and evolving nature of the cryptocurrency market.
The Ethereum Proof-of-Stake network is experiencing significant changes in its validator queues, with the exit queue at 888,416 ETH and a withdrawal delay of over 15 days. Meanwhile, the activation queue for new validators has decreased to 286,175 ETH.
Ethereum PoS Network Sees Major Queue Adjustments
The Ethereum Proof-of-Stake network is experiencing significant changes in its validator queues, with the exit queue at 888,416 ETH and a withdrawal delay of over 15 days. Meanwhile, the activation queue for new validators has decreased to 286,175 ETH.
Kiyosaki Warns of Imminent Stock Market Collapse
Robert Kiyosaki has raised alarms about a looming stock market crash, suggesting it could benefit gold, silver, and Bitcoin holders while posing risks for baby boomers relying on 401k pensions.
Sovereign Wealth Funds Set to Lead Bitcoin Staking
Jamie Coutts from Real Vision forecasts that sovereign wealth funds will become major players in Bitcoin and blockchain staking, leveraging it for energy optimization and potential universal basic income.
EMURGO Halts Genesis ADA Delegation to DReps
EMURGO has decided to stop delegating Genesis ADA to seven community DRep representatives to promote fairness in Cardano's governance, effective after Epoch 576.
Bitcoin Mining Profitability Increased 2% in July
In July, Bitcoin mining profitability rose as the cryptocurrency's price outpaced the network hashrate, with U.S.-listed miners contributing 26% of the total network.
Bitcoin (BTC) Hits 118,000 USDT Mark
As of August 17, 2025, Bitcoin has surpassed the 118,000 USDT threshold, currently trading at 118,103.85 USDT, reflecting a modest 0.20% increase over the past 24 hours.
Bitcoin (BTC) Hits 118,000 USDT with 0.20% Rise
As of August 17, 2025, Bitcoin has surpassed the 118,000 USDT mark, currently trading at 118,103.85 USDT, reflecting a modest 0.20% increase over the past 24 hours.
Faraday Future Launches EAI and Crypto Initiative
Faraday Future has introduced its 'EAI+Crypto' strategy, integrating EAI EV assets with blockchain technology and launching the C10 Index, a unique crypto asset basket.
Whale Acquires Massive LINK Holdings Amid Market Shifts
A prominent whale has purchased 938,489 LINK tokens for 4,806 ETH, totaling around $21.25 million, as reported by Lookonchain. This transaction occurred shortly before the report and follows the whale's history of strategic trading.
El Salvador Boosts Bitcoin Reserves by Eight Coins
El Salvador has added eight Bitcoin coins to its reserves, bringing the total to 6,270.18 coins, valued at approximately $737.7 million.
Eric Trump Discusses Major Crypto Acquisition
Eric Trump commented on a recent transaction involving a WLFI-associated address that purchased $18.6 million worth of 1,911 ETH and 84.5 WBTC, advising followers to 'buy the dips.'
Thailand Introduces TouristDigiPay for Crypto Exchange
Thailand will launch the TouristDigiPay initiative next Monday, enabling foreign tourists to convert cryptocurrency into Thai baht to enhance tourism.
OpenAI Raises Concerns Over GPT-5 Reliability
An OpenAI executive highlighted ongoing reliability issues with the GPT-5 model, urging users to verify its responses against human expertise.
BNB Hits 850 USDT with 1.68% Daily Rise
As of August 17, 2025, BNB has surpassed the 850 USDT mark, currently trading at 850.25 USDT, reflecting a 1.68% increase over the past 24 hours.
Bitcoin Standard Treasury to List on Nasdaq via Merger
Bitcoin Standard Treasury (BSTR) is set to go public on Nasdaq through a merger with Cantor Equity Partners, aiming to increase its bitcoin holdings to over 50,000 and raise $1.5 billion in fiat financing.
NFT Market Experiences Surge in Buyer Engagement
The NFT market saw a 30% rise in trading volume, reaching $173.2 million, with buyers increasing by 190.41% to 214,716, despite a 10.65% drop in transactions.
UAE's Crypto Industry Set for Significant Expansion
The UAE is projected to become the second-largest cryptocurrency market in five years, driven by a supportive regulatory environment and strategic investments.
ETF Store President Recommends Direct Crypto Investments
Nate Geraci, President of The ETF Store, urges investors to prioritize direct investments in Bitcoin and Ethereum or explore spot ETFs, avoiding complex financial products.
BNB Hits 840 USDT with 1.06% Daily Rise
As of August 17, 2025, BNB has surpassed the 840 USDT mark, currently trading at 840.36 USDT, reflecting a modest 1.06% increase over the past 24 hours.
Basel Committee's Rules Challenge Crypto Sector Growth
The Basel Committee's new capital requirements are seen as a significant obstacle for the cryptocurrency industry, as they increase reserve demands for banks holding crypto assets, thereby limiting their engagement in crypto activities.
NFT Market Sees Surge in Buyers
The NFT market is experiencing a resurgence, with buyer numbers nearly tripling and sales volume increasing by 30.09% to $173.2 million, according to CryptoSlam data.
Bullish Leads with $1.1B in Crypto VC Funding
This week saw a resurgence in crypto funding, with nearly $1.5 billion raised across 18 projects, highlighted by a significant IPO.
Ethereum (ETH) Falls Below 4,400 USDT
As of August 16, 2025, Ethereum's price has dipped to 4,399.21 USDT, reflecting a 0.83% decline over the past 24 hours.
Ethereum Set for Growth Amid ETF Accumulation
Despite a recent 10% price drop, Ethereum's strong fundamentals and ongoing ETF inflows suggest a potential rally ahead, with institutional investors adding significant funds.
Challenges Facing Tokenized Private Stocks
Tokenization aims to democratize access to private stocks, yet it often results in opaque and illiquid trading systems, undermining its original purpose.
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Cryptocurrency: America rushes in where India, China fear to tread
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Cryptocurrency: America rushes in where India, China fear to tread

Geopolitics has revived the 'crypto wars' of the 1990s, yet today the struggle is continental rather than computational. On one flank stand the United States and much of the West, treating digital tokens as just another volatile asset class to be tamed by markets and tolerated by regulators. On the other side stand China and India, unlikely fellows whose shared suspicion of borderless money has inspired a twin assault on private crypto-currencies. Whether laissez-faire zeal or dirigiste caution proves the surer guide will shape global finance. STORY CONTINUES BELOW THIS AD Beijing fired the latest salvo on May 31, when it imposed a blanket ban on mining, trading and even private ownership of coins such as Bitcoin and Ethereum. The decree capped a decade-long squeeze that began with banking curbs in 2013, hardened into an ICO prohibition in 2017 and outlawed onshore transactions in 2021. Three concerns drove the final kill switch. 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Beijing and New Delhi see an escape hatch through which wealth, tax and ultimately sovereignty might vanish. Studies of money laundering reinforce their fears. Forensic firms report that criminals cherish the 'virtually instant' cross-border hop of tokens, and European police agencies warn that professional crypto-launderers now pose a systemic threat. Officials fret that a mere string of private keys could spirit fortunes abroad faster than regulators can draft circulars. STORY CONTINUES BELOW THIS AD Yet the prize is hardly stable. Bitcoin has crashed by more than 50 per cent five times: from 1,200 dollars to 200 in 2013, from 20,000 to 3,000 in 2018, and from 69,000 to 20,000 in 2022, before roaring past six figures in late 2024. Still, adoption creeps upward. Roughly 560 million people—almost seven per cent of humanity—now hold a sliver of crypto. Millennials dominate in America; in Vietnam and Nigeria grass-roots users are even younger. 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Dwarka Expressway, UER-II: PM Modi inaugurates highway projects in Delhi to ease congestion, speed travel
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Dwarka Expressway, UER-II: PM Modi inaugurates highway projects in Delhi to ease congestion, speed travel

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Singhu border to IGI Airport in just 40 minutes? Check details of massive infra projects being inaugurated by PM Modi
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Singhu border to IGI Airport in just 40 minutes? Check details of massive infra projects being inaugurated by PM Modi

Prime Minister Narendra Modi on Sunday inaugurated two National Highway projects in the national capital: the Delhi section of the Dwarka Expressway and a major stretch of the Urban Extension Road-II (UER-II). The projects, developed at a combined cost of nearly Rs 11,000 crore are aimed at easing traffic congestion in Delhi and improving connectivity with surrounding areas. The inauguration was attended by Union Minister of Road Transport and Highways Nitin Gadkari, Haryana Chief Minister Nayab Singh Saini and Delhi Chief Minister Rekha Gupta. The 10.1-km Delhi section of the Dwarka Expressway was built at a cost of about Rs 5,360 crore. The section will provide connectivity to Yashobhoomi convention centre, the Delhi Metro's Blue and Airport lines, the upcoming Bijwasan railway station, and the Dwarka bus depot. It will also decongest NH-48 by providing an alternative route to the existing Delhi-Gurugram highway. The Expressway also has 8-lane wide tunnel which is 3.6 km long. धन्यवाद, माननीय प्रधानमंत्री श्री @narendramodi जी। दिल्ली 27 साल से जिस गति और सुविधा का इंतज़ार कर रही थी, वह सपना अब साकार हो रहा है। प्रधानमंत्री जी द्वारा लगभग ₹11,000 करोड़ की दो ऐतिहासिक नेशनल हाइवे परियोजनाएँ- द्वारका एक्सप्रेसवे (दिल्ली सेक्शन) और अर्बन एक्सटेंशन… — Rekha Gupta (@gupta_rekha) August 16, 2025 The expressway's Delhi portion has been divided into two packages: 5.9 km from Shiv Murti intersection to the Road Under Bridge at Dwarka Sector-21, and 4.2 km from Dwarka Sector-21 to the Delhi-Haryana border. The Haryana section of the expressway, about 19 km long, was inaugurated by the Prime Minister in March 2024. Alongside, PM Modi also inaugurated the 66 km-long Alipur to Dichaon Kalan stretch of UER-II, along with new links to Bahadurgarh and Sonipat. Built at an estimated cost of Rs 5,580 crore, the project is expected to divert heavy traffic away from Delhi's Inner and Outer Ring Roads and reduce pressure on congested points such as Mukarba Chowk, Dhaula Kuan and NH-09. It will provide direct connectivity to outer Delhi areas such as Narela, Bawana, Mundka and Najafgarh. UER-II was constructed using 10 lakh metric tonnes of inert material from the Bhalswa and Ghazipur landfills. According to officials, the new spurs will provide direct access to Bahadurgarh and Sonipat, improve connectivity to industrial hubs, and facilitate faster movement of goods across the National Capital Region.

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