{"id":438,"date":"2024-09-30T07:31:47","date_gmt":"2024-09-30T07:31:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=438"},"modified":"2024-09-30T07:31:47","modified_gmt":"2024-09-30T07:31:47","slug":"ethereum-staking-yields-set-to-eclipse-us-rates-amidst-bullish-crypto-market-analysts-powerful-narrative-for-a-price-boost","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=438","title":{"rendered":"Ethereum Staking Yields Set To Eclipse US Rates Amidst Bullish Crypto Market: Analysts \u2014 Powerful Narrative For A Price Boost?"},"content":{"rendered":"<div>\n<p>Amid a warming cryptocurrency market, <strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) staking yields are on track to surpass the federal funds rate, emerging as a \u201cpowerful supporting narrative\u201d to drive the price of the world\u2019s second-largest cryptocurrency.<\/p>\n<p><strong>What Happened<\/strong>: The gap between Ethereum&#8217;s Composite Staking Rate and the Effective Federal Funds Rate, which has been negative since June 2023, was currently at its highest since December 2023, research by cryptocurrency brokerage firm <strong>FalconX<\/strong> showed.<\/p>\n<p>The spread was likely to decrease and eventually turn positive in the upcoming quarters, the research added, citing two factors.<\/p>\n<p>Firstly, the researchers anticipated further cuts in interest rates by the Fed, after the agency enacted an aggressive 0.5% slash earlier this month. According to CME\u2019s FedWatch Tool, the target federal funds rate showed 85% odds of going below 3.50-3.75% by &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/41085550\/ethereum-staking-yields-set-to-eclipse-us-rates-amidst-bullish-crypto-market-analysts-powe\" alt=\"Ethereum\" staking yields set to eclipse us rates amidst bullish crypto market: analysts powerful narrative for a price boost>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Amid a warming cryptocurrency market, Ethereum (CRYPTO: ETH) staking yields are on track to surpass the federal funds rate, emerging as a \u201cpowerful supporting narrative\u201d to drive the price of the world\u2019s second-largest cryptocurrency. What Happened: The gap between Ethereum&#8217;s Composite Staking Rate and the Effective Federal Funds Rate, which has been negative since June [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-438","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=438"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/438\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}