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Billions in Ethereum Waiting to Be Unstaked Could Add Sell Pressure to ETH: Analyst

by admin August 17, 2025

In brief

A growing queue to unstake ETH could put sell pressure on Ethereum, according to a Bitwise analyst.
Ethereum’s validator exit queue hit 855,158 ETH worth roughly $3.7 billion on Friday.
Ethereum’s price dipped more than 3% on Friday, shortly after the token nearly hit a new all-time high.

Ethereum holders are increasingly lining up to unstake their tokens, a trend that could put significant sell pressure on the cryptocurrency, according to one crypto expert.

The Ethereum blockchain’s validator exit queue hit 855,158 ETH on Friday—the highest it’s ever been, according to validatorqueue.com. The tokens were worth a combined $3.7 billion as of late Friday, according to data provider CoinGecko.

Staking is a process by which digital asset holders lock up their tokens to secure a blockchain network and earn rewards. Stakers may choose to unlock and reclaim their crypto amid uncertain market conditions, transferring them to comparatively risk-off assets or cashing out.

The Ethereum networks limits the amount of ETH that can be unstaked at a given time. The limit is designed to maintain network stability by preventing mass validator exits, which could disrupt the blockchain’s consensus mechanism. Currently, the queue is expected to take 15 days to clear.

The mounting queue of soon-to-be-unstaked ETH could be driving the asset’s recent retracement, Bitwise Senior Investment Strategist Juan Leon told Decrypt. The second-largest crypto asset by market cap has shed hundreds of dollars in recent days after coming close to setting a new all-time high mark.

The unstaked Ethereum queue could negatively affect ETH’s price, particularly if staked ETH trades at a discount to ETH, he explained.

“Tokens like stETH can trade at a discount. That discount reduces their value as collateral, triggering risk cuts, hedges, or even liquidations that lead to spot ETH selling,” Leon said.

He added that some trades may unwind as the unstaking queue grows, particularly if the cost to borrow ETH spikes.

When that occurs, “leveraged ‘stETH loop’ trades via liquidity pools on DeFi protocols stop being profitable,” Leon said. “Traders unwind by exiting positions and selling ETH to repay loans, creating synchronized sell pressure.”

Growing efforts to unstake ETH came shortly after the token on Thursday came within striking distance of its record price of $4,878 hit in November 2021, per data from CoinGecko. Since then, the altcoin has retraced its gains, weighed down by growing geopolitical uncertainty and a hotter-than-expected producer-price-index report from the U.S.

Despite concerns about Ethereum’s validator exit queue, Leon cautioned that a rise in ETH waiting to be unstaked doesn’t necessarily signal that the token’s price will continue to edge down.

“Unstaking doesn’t usually cause a sudden crash, but under stress it can act like a steady tap of new supply,” he said, “pressuring prices lower if it overwhelms new demand for ETH.”

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August 17, 2025 0 comments

What If Binance Lists Pi Coin The Risks Are Real

GameFi Guides

What if Binance Lists Pi Coin? Millions are Waiting But Risks Are Real

by admin June 17, 2025

Pi Network’s PI coin has been one of the most talked about coins online as far back as 2019 when it was created. It gained popularity because it was mined by millions of users through the Pi Network app. Although the use is limited, these users had hope that someday it would be listed on an exchange.

The excitement is building and many are hoping that it goes live. This might actually come though but what could happen next after that?

There have been rumors that Binance, the world’s leading crypto exchange, might be getting ready to list Pi. These rumors got louder after a viral post on X claimed that Binance had listed Pi on June 2. The post even showed an image with Pi price on the Binance app. The news turned out to be fake because there was no confirmation from either Pi Network or Binance.

Pi coin has lost 67% of its value over the one year. A listing on Binance could send this price up high immediately. This has happened before when Pepe Coin was listed on Binance in December 2024. The memecoin reached an All-time high quickly after the news.

When people see prices rising fast, they often rush in. This is called FOMO or simply fear of missing out. Nobody wants to miss a quick profit. So the market will see more buyers jump in, with hopes that they’re not too late.

What happens when Binance Lists a Coin?

If Pi gets listed, millions of users who mined it may try to sell their tokens at once. At the same time, new buyers would want to rush in, and they will start chasing a pump. That kind of hype can push the price even higher, but only for a while.

Coins that pump too fast often crash soon after. Although Pepe coin price surged after the listing, it later went ahead to drop 81% days later. That went on for three months before the market could find the momentum to recover.

Pepe price before and after listing on Binance | Source: TradingView

This pattern is very common in crypto space and is known as a “pump and dump.” Sellers who were early to the market can make gains, but late buyers may lose money as the price falls.

One more recent example is Hamster Kombat (HMSTR). The famous tap-to-earn game had over 300 million users tapping their phone screen to earn the token. When its token launched, it had lots of hype too, but the price crashed over 50% in just a few days after. Many blamed it on poor token distribution and early profit-taking. Still, those who lost their money were in the millions.

Another risk comes if Pi is listed not just for spot trading, but also for futures. Futures trading lets people bet that a coin will go down. This is called shorting. When a lot of traders short a coin, it puts pressure on the price.

If enough people bet against Pi, the price could crash, even while interest stays high. This has also happened before. For instance, coins like SUI and APT saw fast drops after being listed on futures markets. At first, there was massive hype. Then shorting took over.

In short, things can change so fast even within a second in the crypto space. Yes, the Binance listing would definitely bring attention but it is also important to take note of what could come hours or days after so as to make better trading decisions

Community Reaction on PI Coin Binance Listing

Meanwhile, some users in the Pi community are actually against the listing right now. In one recent poll on X, many Pi users voted “no” when asked if they want PI Coin listed on Binance. They say the network is not ready.

One big issue is KYC. Users need to pass KYC checks to unlock their Pi. But many say they’ve been stuck for months. Some say they lost access to their coins or were muted after complaining in forums. Until these problems are fixed, some users say listing Pi too early would hurt the project.

Also, there was a time when Binance held a “Vote to List” contest. It was meant to allow users to vote for the tokens they want to get listed. Pi did not make it to the list. So it’s safe to say that the exchange might only be focusing on just tokens with good trading volume for now. Moreover, Binance has strict rules for listings. A project must meet certain standards before being listed.

Also Read: Pi Network Whale Accumulates 290M PI Coins

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June 17, 2025 0 comments

Game Updates

Helldivers 2 follows up the battle for Super Earth with fresh Automaton fighting, because naturally the bots were just waiting in a big invasion queue

by admin June 4, 2025

Following the recently-concluded invasion of Super Earth, Helldivers 2 developers Arrowhead have decided to keep on chugging with the invasions. Yep, in the most Helldivers 2 development ever to hit Helldivers 2, an Illuminate invasion has given way to an Automaton invasion.

The game’s Galactic War is a genuine forever war, and I continue to enjoy watching Arrowhead find new ways to kick its community of bed and shout ‘come on, you’ve got new things to do’.

“Distress calls have been raised from multiple planets,” the studio wrote in its briefing for the first major order to drop since players won the battle for their home planet, “Automaton invasion ships have landed, disrupting ongoing merriment and sanctioned frivolity in the wake of our great victory. The enemy has been evidently waiting for the outcome of the assault, poised to strike while our forces are weakened by the Illuminate invasion.”

Classic Tom and Jerry tactics from the bots there, waiting just out of sight with big metallic grins and frying pans at the ready to try and whack the unsuspecting Helldivers on the head. From a practical perspective, the order’s tasked players with fending off five Automation invasions of different planets before time runs out.

As of writing, two have already been seen off, with just over two days left to run on the order. The fiercest fighting right now looks to be on the moon dubbed Zosma, with around 31,000 players on its surface trying to fend off an invasion force coming from Zzaniah Prime. Lots of Zs, basically.

We’ll see how this order plays out, but so far it doesn’t look like the Helldiver hangover that win on Super Earth probably led to is inhibiting their ability to shoot stuff.

Seriously, some of the Helldivers 2 hardcores on Reddit aren’t even moaning too much about being back fighting one of the original two factions – the other being the Terminids – that they’ve spent countless hours battling in various guises and forms over the year and a bit the game’s been out. Cool what a big win can do for morale, eh?

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June 4, 2025 0 comments

GameFi Guides

XRP, SOL, and ADA Left Waiting as SEC Postpones Bitwise ETF Approval

by admin May 28, 2025

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Bitwise’s attempt to convert its top crypto index fund into an exchange-traded fund.

The Bitwise 10 Crypto Index Fund (BITW), which was originally launched back in November 2017, tracks the biggest cryptocurrencies by market capitalization.

The fund currently boasts $1.44 billion in assets under management (AUM).

Bitcoin (BTC) accounts for 77% of the fund based on the sheer size of its market cap. Ethereum (ETH) comes in a distant second place with nearly 12%.

The fund also offers exposure to more arcane altcoins such as XRP, Solana (SOL), and Cardano (ADA).

Avowed updates are waiting when you finish Oblivion and Clair Obscur

by admin May 21, 2025

Obsidian Entertainment has released a roadmap for Avowed, just in time for you to finish up Clair Obscur: Expedition 33 and Elder Scrolls IV: Oblivion Remastered. The studio has revealed what players can look forward to in the Living Lands with the release of the May 2025 1.4 update and what’s coming next.

Much of the new content deals with quality-of-life efforts and a focus on implementing more content for those who have completed their adventure.According to the company’s statement regarding the new content, the improvements were greatly influenced by the Avowed community’s “continued reports, feedback, and suggestions.”

Check out the big plans Obsidian has planned for Avowed below.

Image: Obsidian Entertainment/Xbox Game Studios via Polygon

The 1.4 update rolled out on Friday, May 15, and focused on fog of war improvements, map exploration, increased gold and crafting materials, soul pods, and unique gear.

Additionally, Obsidian added keyboard and mouse support for Xbox players, new optional settings for chests to appear on the minimap, power attacks for the bow and arquebus, and even an arachnophobia mode that replaces the sinister and petrifying spiders with “floating orbs that still pack a punch.”

But that’s not all; Obsidian tackled more bugs, crashes, glitches, and exploits in the new update, the full details of which can be found here.

An update planned for the upcoming hot summer months will improve cooking and crafting, piggybacking off the 1.3.1 update. The summer patch will also bring new NPC behaviors and abilities, active and passive abilities, unique weapons and armor, and custom map markers for exploration.

This fall, the Avowed community will be finally treated to a new game plus feature, breathing a second life into the action RPG title. Along with new game plus, the fall 2025 update will include new weapon types, the ability to change appearances in the wild, new character presets, more Godlike presets, and photo mode — because if you don’t have a picture, did it really happen?

Image: Obsidian

It’s unclear whether the game will continue to receive major content in 2026. However, Obsidian did call attention to its plans for localizing Avowed for Korean and Japanese audiences, as well as ongoing improvements for French-speaking regions, all available at a future and unnamed date.

Avowed was released in February 2025 and may have been more recently overshadowed by show-stealing titles such as Oblivion and Expedition 33, both which released in April. But, with major update commitments, it appears Avowed will be ready for you when you return from Cyrodiil and Lumière, respectively.

Are you looking forward to picking Avowed back up, or trying this game for the first time? Let us know!

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May 21, 2025 0 comments

Coinbase Lawsuit, a Privacy Disaster Waiting to Happen? Best Crypto Wallets to Consider Instead

Crypto Trends

Coinbase Lawsuit, a Privacy Disaster Waiting to Happen? Consider Crypto Wallets Like Best Wallet Instead

by admin May 21, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Less than a week since Coinbase’s hack, the crypto exchange is in the crosshairs again.

This time, it’s a class-action lawsuit filed by Illinois residents claiming that Coinbase had processed their biometric data without consent.

An excerpt from the filing alleges that this breaches Illinois’ Biometric Information Privacy Act (BIPA).

Source: Court Listener

As if that wasn’t enough, Coinbase seems to have transmitted this data to third-party vendors (like Solaris and Jumio). Again, without the data subjects’ consent (allegedly).

The EU’s GDPR Enforcement Tracker comes to mind here. Websites and companies are fined on a daily basis for this exact thing—collecting personal data without consent.

Coinbase’s behavior (especially after the latest hack) is a privacy disaster waiting to happen. After all, it’s still your crypto and hard-earned money at risk.

Which begs the question – what’s a better way to store crypto? The answer is in non-custodial crypto wallets like Best Wallet.

You alone own the keys to your crypto, personal data collection is minimal (often just an email address), and you also get side benefits through the Best Wallet Token.

Below, we’ll explain Coinbase’s situation and how crypto wallets are a safer option.

Coinbase, Stop Hitting Yourself. Lawsuits Are Bad for You.

The lawsuit claims Coinbase asked users for a government ID and a selfie during the sign-up procedure. So far, so good. It’s a pretty standard process for a crypto exchange these days (unfortunately).

Here’s where the problems begin:

Coinbase sent the data to third-party facial recognition tools,
all without notifying the users that this would happen
or asking for their consent to the data processing.

If this sounds familiar, that’s because it is. Back in May 2023, Coinbase received an identical lawsuit from another Illinois resident alleging a breach of the state’s BIPA.

By February 2025, the lawsuit still hadn’t been finalized – the complainant and Coinbase agreed to undergo arbitration (a private ruling by an independent arbitrator, not a full court trial).

Back then, Coinbase argued that the user had consented to the data processing when checking the ‘I agree to the User Agreement and Privacy Policy’ box during the sign-up procedure.

This allegedly voided the complainant’s justifications for the class action lawsuit.

Plus, the most important bit—another term the user had unwittingly accepted when checking that box is waiving his right to join a class-action lawsuit.

User Agreements never cease to surprise, right?

Storing your new crypto on Coinbase suddenly becomes somewhat sketchy. Exchange hacks also constantly threaten your asset security (see what happened with Bybit and 1inch).

Fortunately, solutions like Best Wallet solve this problem through self-custody, minimal data collection, and top-of-the-line encryption.

Best Wallet Doesn’t Treat You Like a Data Treasure Trove

In a world of Coinbases, you need the Best Wallet, one of the best anonymous, non-custodial crypto wallets available today. With Best Wallet, you can:

Keep your sensitive information private
Control your own private keys
Buy, sell, and swap crypto on five major blockchains (Ethereum, Binance Smart Chain, Polygon, Bitcoin, and Base)
Stake tokens at industry-high APYs (further boosted if you hold the Best Wallet Token)
Invest in some of the best presales directly in the wallet app (a first in the industry) with occasional bonuses and airdrops
Participate in a growing ecosystem with plans to support 60+ chains, launch a fiat Best Card, plus an NFT gallery, derivatives trading, and market intel analytics

Some of these features are only available to $BEST holders, which is why investing in the Best Wallet Token presale is the best way to get started with this crypto wallet.

Buying in will also get you reduced transaction fees, higher staking rewards, community governance, and early access to some of the best meme coins.

Security is handled through Fireblocks MPC, a cutting-edge cloud backup solution for multi-chain wallets like Best Wallet.

The presale has raised over $12.5M, and the token currently costs $0.025055 – you won’t get a cheaper price. In less than 12 hours, the price will increase again, so now’s the time to buy.

Another layer of rewards awaits you if you stake $BEST for a 116% APY (this will decrease as more people stake).

A simple calculation shows that buying 11,973 $BEST for $300 now and staking for an average 50% APY would lead to 17,959 tokens in a year (or $450 at the current token price).

But our Best Wallet price prediction also indicates a $0.62 price by the end of 2026. So that $300 investment could turn into $11,140, a 37x increase. That’s a tidy sum, if the price estimate holds true.

To Sum Up: Coinbase Nay, Self-Custody Crypto Wallets Aye

Coinbase’s second screw-up in a row leaves a bad taste in the mouth. It’s sad to see how often data privacy and asset security are put on the back burner as exchanges pursue maximum profit.

The lesson is that the only person you can trust is yourself. And that’s exactly what self-custodial wallets like Best Wallet let you do—they put you in control of your data and funds and reward you for it.

Don’t forget to do your own research before investing in crypto and presales. The market is volatile and prone to immediate fluctuations. Only invest what you can afford to lose!

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May 21, 2025 0 comments