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DominanceBTC58.74%+0.01%ETH7.75%-0.02%
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MainNewsAnalysis: Is...

Analysis: Is Coinbase’s Shady Staking Affecting Ethereum’s Price?

Coinbase Staking Questions Linger as ETH Tests Key Support
  • Coinbase’s lack of ETH staking transparency raises concerns about its custody structure.
  • Ethereum’s key support at $2,685-$2,690 must hold to prevent a drop to $2,650.
  • ETH’s RSI at 43.14 suggests a neutral trend, but MACD hints at a potential reversal.

Coinbase, the largest Ethereum staking custodian, has consistently avoided disclosing information on its staked ETH holdings for the past five quarters. And now, estimates suggest Coinbase manages approximately 21% of all staked ETH, making its lack of transparency a significant concern. 

Despite calling itself a transparent entity, Coinbase has not provided details on its staked ETH, cbETH backing, or cbBTC reserves. This has raised doubts about the integrity of its staking operations, particularly as its address rotation and custody structure make tracking more challenging.

Coinbase’s Transparency Issues & Staking

Tracking Coinbase’s staked ETH has proven

The post Analysis: Is Coinbase’s Shady Staking Affecting Ethereum’s Price? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Can Ethereum Recover in April After $117M Whale Moves to Exchanges – Price Analysis

Can Ethereum Recover in April After $117M Whale Moves to Exchanges – Price Analysis

Significant amounts of Ethereum (ETH) were shifted to centralized exchanges over the ...
Apr, 04, 2025
< 1 min read
by CoinEdition
Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Solana (SOL) regained focus Saturday, rising nearly 6% over 24 hours to trade near $1...
Apr, 05, 2025
< 1 min read
by CoinEdition
MainNewsAnalysis: Is...

Analysis: Is Coinbase’s Shady Staking Affecting Ethereum’s Price?

Coinbase Staking Questions Linger as ETH Tests Key Support
  • Coinbase’s lack of ETH staking transparency raises concerns about its custody structure.
  • Ethereum’s key support at $2,685-$2,690 must hold to prevent a drop to $2,650.
  • ETH’s RSI at 43.14 suggests a neutral trend, but MACD hints at a potential reversal.

Coinbase, the largest Ethereum staking custodian, has consistently avoided disclosing information on its staked ETH holdings for the past five quarters. And now, estimates suggest Coinbase manages approximately 21% of all staked ETH, making its lack of transparency a significant concern. 

Despite calling itself a transparent entity, Coinbase has not provided details on its staked ETH, cbETH backing, or cbBTC reserves. This has raised doubts about the integrity of its staking operations, particularly as its address rotation and custody structure make tracking more challenging.

Coinbase’s Transparency Issues & Staking

Tracking Coinbase’s staked ETH has proven

The post Analysis: Is Coinbase’s Shady Staking Affecting Ethereum’s Price? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Can Ethereum Recover in April After $117M Whale Moves to Exchanges – Price Analysis

Can Ethereum Recover in April After $117M Whale Moves to Exchanges – Price Analysis

Significant amounts of Ethereum (ETH) were shifted to centralized exchanges over the ...
Apr, 04, 2025
< 1 min read
by CoinEdition
Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Solana (SOL) regained focus Saturday, rising nearly 6% over 24 hours to trade near $1...
Apr, 05, 2025
< 1 min read
by CoinEdition