PANews reported on August 22nd that according to data from the validatorqueue website, the number of ETH waiting to exit the Ethereum PoS network has dropped to 841,457, with a waiting time of approximately 14 days and 15 hours. During the same period, the number of ETH waiting to enter the market was 214,150, with an estimated activation delay of approximately 3 days and 17 hours.


Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
