ETH is bouncing back like a reality star after a scandal, topping $3,250 on Monday-its shiniest moment since December 12. 🎉
Ether has already gained 16% this year, and let’s be honest, we’re barely done with our New Year’s resolutions. Meanwhile, Bitcoin’s over here pretending to hustle with a measly 6.7% gain. 🥱
“‘Ethereum is still cheap,’” said analyst ‘Merlijn,’ who probably also thinks avocado toast is a bargain. 🥑
“We’re not in ‘Take Profit’ territory. We’re in Accumulation. HODL. Expansion mode.”
ETHEREUM IS STILL CHEAP.
Everyone wants to buy in the redzone… But wealth is built in the blue & green bands. 🎨🤑
We’re not in “Take Profit” territory. We’re in Accumulation. HODL. Expansion mode.
Real conviction is built long before headlines arrive.
– Merlijn The Trader (@MerlijnTrader) January 5, 2026
BitMine Staking: Bigger Than My Coffee Budget ☕
Selling pressure seems to have vanished faster than my self-control in a Target aisle, and demand is skyrocketing thanks to everyone suddenly remembering Ether staking exists.
BitMine, the world’s largest Ether treasury (because of course that’s a thing), staked a jaw-dropping $2.1 billion worth of ETH in two weeks. 💰
As of January 4, they’ve staked 659,219 ETH, which is a fancy way of saying they’re swimming in crypto like Scrooge McDuck in his vault. 🦆
BitMine’s stake is 1.85% of all Ether staked on the Beacon Chain-because apparently, 35.6 million ETH wasn’t enough for everyone else. 🤷♀️
Their aggressive staking has caused the validator queue to hit 1.3 million ETH, while the exit queue has dropped to July levels-basically zero. Because who leaves a party this good? 🎊
BitMine is working with three staking providers to unveil their MAVAN (Made in America VAlidator Network) in 2026. ‘Murica! 🇺🇸
“‘At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the ETH staking fee is $374 million annually, or greater than $1 million per day,’” said chairman Tom Lee, who probably also has a yacht named “Tax Deduction.” 🛥️
Grayscale: The ETF That Could 🌟
Staking demand isn’t just coming from DATs-spot Ether ETFs are also jumping on the bandwagon.
On Monday, Grayscale became the first spot crypto ETF to distribute staking rewards. Because, sure, why not? 🎁
“‘Spot ETH ETFs didn’t even exist a year and a half ago … Now [they’re] making staking distributions to investors,’” said ETF expert Nate Geraci, who’s probably already planning his next TED Talk.
Bloomberg ETF analyst James Seyfart said spot Ether ETFs were “doing okay considering the price performance of ETH, but they’ve seen 18% of their flows leave.” Because even crypto needs drama. 🍿
Read More
- Gold Rate Forecast
- Abiotic Factor Update: Hotfix 1.2.0.23023 Brings Big Changes
- Brent Oil Forecast
- Answer to “Hard, chewy, sticky, sweet” question in Cookie Jam
- Silver Rate Forecast
- Katanire’s Yae Miko Cosplay: Genshin Impact Masterpiece
- I’m Convinced The Avengers: Doomsday Trailers Are Using The Same Trick As Infinity War
- CNY RUB PREDICTION
- High Potential’s Showrunner Talked About How Long Morgan (And Viewers) Will Have To Wait For Answers On Roman
- How does Stranger Things end? Season 5 finale explained
2026-01-06 09:21