As per the data shared by Flipside Crypto via tweet each Ethereum 2.0 validator is currently earning 0.002792 ETH each per day. They also point out that using an ETH rate of $613 the amount of 0.002792 approximately translates to $1.71 per day.
— Flipside Crypto (@flipsidecrypto) December 21, 2020
Each ETH 2.0 validator is Earning 3.2% of Annual Interest:
Further, it can also be concluded that each Ethereum 2.0 validator is roughly fetching 3.2% of annual interest, based on the assumption that every Ethereum 2.0 validator holds 32 ETH so, the 0.002792 ETH entails the interest of 0.008725% daily Which, if applied over the year, gives us the compound interest of 3.2% per year on each Ethereum 2.0 validator.
Additionally, Ethereum 2.0 rewards are also been calculated by ETH 2.0 Calculator Telegram Group, their calculations are quite precise and are available publically as an online spreadsheet.
Ethereum price analysis:
After hitting today’s high of $636, ETH is currently trading at $602. Moreover, the Daily Ethereum price chart is clearly suggesting that the coin is getting sufficient short-term support from the $600 price level as it is currently in the midst of a correction.
On the day (17th of Dec) Bitcoin reached its all-time high of $23,000, Ethereum also hit the High of $675 on the same day which remains its peak value in the last 2 years until now. Ethereum has a direct relationship with Bitcoin and hugely depends on it.
The way BTC behaves in the future will determine the fate of ETH. BTC is currently trading at $23,000 and as it reaches the price level of $25,000, continuing its steep growth in the near future, this will take ETH to approximately $700. Vice versa if BTC drops down to $20,000 it will (possibly) cause ETH to dip-down to the $500 price level.
Conclusively, traders and investors are advised to use low averages while trading in altcoins such as ETH. They should also keep a close eye on the BTC behavior which will play a Decisive role in the future of altcoins.
As New Policy Goes into Effect Google is Running Crypto Ads Once Again
Australia’s Oldest Crypto Exchange Partners with Mastercard, in Offering Country’s First Crypto Payment Card
5+ Best Crypto Futures Trading Platforms | Bitcoin Derivatives
Ripple Files Petition Requesting Discover of Relevant Info from Binance’s Subsidiary
Analyst Predicts Big Bull Run as Tether Whales Move 374,000,000 in Crypto
Recent Press Release
How Blockchain Technology Will Shape the Future of Online Gambling?
Cryptocurrency uses blockchain technology, and this tech ensures the security and anonymity of financial transactions. Many industries have embraced blockchain,...
Cryptos like ETH/USD, BTC/USD dancing to the tune of tweets by Tesla CEO Musk in absence of any Crypto trading regulator:
In February of 2021, Elon Musk tweeted that he found the prospect of holding Bitcoin ‘adventurous’ for an S&P 500...
Earning By Mining, Is a Klondike Of The 21st Century. Mining-Tron.Com
Mining-Tron.com is a company that started its history in 2018 in the cryptocurrency mining market. According to the zephyrnet.com, in...
You May Not Have Known These Bitcoin Facts
However, even though Bitcoin is the most well-known cryptocurrency network globally, there are several aspects of it that you may...
DeFi Coin (DEFC): Live Trading on BitMart is Coming on July 19th!
Decentralized finance is playing an increasingly important role in the crypto world. It is all the less surprising that DeFi...