staking

Financial analyst and strategist Tom Lee stated Monday that Ethereum (CRYPTO: ETH) will play a crucial role in the banking sector’s future, highlighting the rationale for buying and holding the second-largest cryptocurrency in reserves. What Happened: During a CNBC interview, Lee was...

Large Solana (CRYPTO: SOL) holders sold out millions worth of the cryptocurrency Thursday ahead of the expected supply shock caused by the unstaking of SOL tokens. What Happened:  Four whales unstaked and dumped a total of $46.3 million worth of SOL, according to on-chain tracking platform...

Cryptocurrency investors should be staking at least one of their coins, take the yield, and let it ride. For retailer investors who are up on all the lingo, “staking” is like locking up money in a high risk investment, for the promise of interest payments over the lock-up period....

Puffer Finance, the new Ethereum (CRYPTO: ETH) staking sensation, has reached $850M in total value locked (TVL). After this milestone, Puffer has become the second-largest liquid restaking protocol. Puffer, launched on February 1st, has provided a new mechanism for users to stake Ethereum...

Cryptocurrency Solana (CRYPTO: SOL) has soared in value over the last week gaining over 20%, with gains outpacing both Bitcoin and Ethereum. Here's a look at how investors could perform if they invest in Solana now and if the coin returns to all-time highs. What Happened: Solana been in the news a...

Tron (TRX) founder Justin Sun transferred 4,500 ETH (worth $6.96 million) from the Huobi exchange and staked it on the Lido platform. Find out more on Ethereum and its accumulations and disposals. Meet and engage with transformative Digital Asset and Crypto business leaders and...

Binance announced it is getting rid of more than 10 liquidity pools as well as introducing Neutron (CRYPTO: NTRN) staking. Liquidity Pools Dropped: Binance (CRYPTO: BUSD/USD) announced eliminating selected liquidity pools on Binance Liquid Swap including XRP (CRYPTO: XRP/BUSD),...

The amount of Ethereum (CRYPTO: ETH) being staked witnessed a significant surge, doubling in just a year with about 25% of all available Ethereum currently staked, up from 11% a year ago as of Sept. 22, 2023, according to a report. This rise in staking activities underscored the...

Startup A41, a frontrunner in blockchain infrastructure services based in Seoul, recently held its All for Staking (AFS) event. The event was a cornerstone of the Korea Blockchain Week 2023, marking it Korea's premier blockchain gathering.    The event's...

Tether (CRYPTO: USDT) has become the leading stablecoin on the Polygon (CRYPTO: MATIC) network in the first quarter (Q1) of 2023 with a $735 million market cap, surpassing USD Coin (CRYPTO: USDC). Polygon's Q1 performance showcased consistent financial metrics, a stabilized DeFi ecosystem...

The value of a cryptocurrency can be influenced by various factors, including news about the cryptocurrency and its underlying technology, government regulations, and overall market conditions. The market can also be influenced by investor sentiment, which can be affected by a wide range of events...

Cathie Wood's ARK Investment Management bought 118,695 shares of cryptocurrency exchange platform Coinbase Global Inc (NASDAQ:COIN) through two of its exchange-traded funds at an estimated valuation of over $6.6 million based on Monday's closing price. The purchase was done via the flagship ARK...

Building on his efforts to improve the regulatory environment for cryptocurrencies, as well as for his defense of his company's staking services, Coinbase Global Inc (NASDAQ: COIN) CEO Brian Armstrong said on Monday he was visiting Washington, D.C., advocating for...

Coinbase (NASDAQ: COIN) CEO Brian Armstrong said his cryptocurrency exchange company would keep fighting for "economic freedom" as peer Kraken suspends its crypto-staking operations. What Happened: Armstrong said on Twitter that some days “being...

Coinbase Global Inc (NASDAQ: COIN) CEO Brian Armstrong expressed concerns over hearing rumors about the U.S. Securities and Exchange Commission getting “rid” of cryptocurrency staking in the United States for retail customers. What Happened: Armstrong said in a Twitter thread that he...