Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are gaining traction at the time of writing on Wednesday, amid persistent market doldrums. The Crypto King is up over 2% intraday, trading above $65,000 from the day’s opening of $64,058.
The Ethereum Foundation (EF) has launched its solo staking initiative after deploying 2,016 ETH across a new set of validators. The Foundation noted that it will stake about 70,000 ETH, with all staking rewards going to its treasury to support operations and research.
The cryptocurrency market extends weakness with major coins including Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) trading in sideways price action at the time of writing on Tuesday.