Stake

As Bitcoin enters a pivotal week, market participants are closely monitoring several key indicators and events that could determine its near-term trajectory. Renowned crypto analyst Ted (@tedtalksmacro) has provided an in-depth analysis, highlighting the critical factors at play. Weekly Bitcoin Preview Ted’s analysis begins by contextualizing the broader macroeconomic environment. Last week’s US Consumer Price Index (CPI) and Producer Price Index (PPI) data were optimistic for risk assets, highlighting a continued disinflationary trend. “Both CPI and PPI data were optimistic…

The post Shiba Inu Whale Cashes Out Stake in DOGE, Picks Algotech (ALGT) and BONK as Next Investments appeared first on Coinpedia Fintech News A major Shiba Inu whale recently shook the cryptocurrency world with a major portfolio restructuring. This deep-pocketed investor cashed out its stake in Dogecoin, redirecting investments towards Algotech, an innovative algorithmic crypto trading platform, and Bonk, a rapidly growing meme coin boasting a dedicated community. This strategic shift sparks speculation about underlying motivations and potential implications…

Cryptocurrency exchange announced the listing of Thetanuts Finance (NUTS) on its stake-to-mine platform PoolX. Thetanuts Finance (NUTS) is an on-chain options trading protocol for traders who want to long or short altcoin options and is available for mining until May 30.   The listing of NUTS comes only days after the launch of Bitget’s innovative product, PoolX, an investor-centric feature that allows participants to stake particular cryptocurrencies and earn various emerging or popular tokens. Each project that launches on PoolX is…

The post Ripple vs. SEC: Ripple’s Confidential Data at Stake, What To Expect on May 20th Hearing appeared first on Coinpedia Fintech News The ongoing legal battle between the SEC and Ripple is currently in its remedies phase, with both parties set to file their opposition to the omnibus sealing motions on the upcoming Monday. Upcoming Court Filing: May 20 The Court’s scheduling order has appointed May 20th as the date for both parties in the SEC vs. Ripple suit…

Notcoin, a viral Telegram-based game, has successfully onboarded millions of users into the world of Web3. This straightforward gameplay resonated with users, leading to a peak of six million daily active users and a total player base of 35 million. This article delves into what Notcoin is, how it works, and the exciting opportunities it offers, including staking BNB and FDUSD to farm Notcoin tokens ($NOT). In Notcoin, players earn in-game currency by tapping on a gold coin within the…

Polkadot (DOT) staking is an excellent option for users who want to earn a passive reward/income on their long-term holdings. Staking DOT tokens helps secure the network and allows users to earn more DOT tokens as rewards. Users can get started with staking for as little as 1 DOT.  An Overview Of Polkadot Staking  Staking is a process through which users can temporarily lock or stake their tokens and earn rewards in the form of interest. Unlike Proof-of-Work blockchains, Proof-of-Stake…

The post How to Stake ETH by StakingFarm: The Ultimate Guide appeared first on Coinpedia Fintech News Introduction In the evolving world of cryptocurrencies, staking emerges as a pivotal activity for those looking to contribute to blockchain security while earning rewards. Staking involves holding funds in a cryptocurrency wallet to support the operations and security of a blockchain network. As Ethereum transitions to a proof-of-stake (PoS) mechanism with its Ethereum 2.0 upgrade, staking has gained even more significance, providing Ethereum…

The post How BNY Mellon’s Bitcoin ETF Stake and Dividend Payout Reflect Changing Financial Landscape appeared first on Coinpedia Fintech News BNY Mellon, America’s oldest bank, started supporting cryptocurrencies like Bitcoin and Ethereum via its custody services in 2022. It met the rising institutional demand for a financial setup that handles both traditional and digital assets. On April 25, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) said it will give out $0.035 per…

Cryptocurrency staking is a process where users are able to temporarily lock their tokens in exchange for a reward, most commonly in the form of interest. Unlike blockchains, which are based on the Proof of Work (PoW) consensus algorithm, like Bitcoin, Polkadot makes use of an algorithm called Nominated Proof of Stake (NPoS). NPoS comes with many intricacies centered around the interoperability of Polkadot’s parachains, which are essentially connected and secured by the main network, also known as the Relay…