Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Staking
BNB Chain to Enable Native Staking on BNB Smart Chain (BSC) following Beacon Chain Sunset
Dubai, UAE, April 25th, 2024, Chainwire All validators will migrate from Beacon Chain to BSC, enabling high-APY native staking on BSC and MEV-based benefits BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the addition of native liquid staking (LSDFi) on BNB Smart Chain (BSC) as a result of the BNB Beacon Chain sunset. Enabling high-APY native staking on BSC in addition to enhanced MEV rewards, liquid staking on BNB Chain will allow…
1 year ago
Galxe Rolls Out GAL Staking with $5M Rewards Pool, Unlocking Exclusive Rewards through Galxe Earn
[PRESS RELEASE – San Francisco, California, April 23rd, 2024] Galxe launches $5M rewards pool, featuring rewards from prominent partners including Arbitrum, Polyhedra, and Merlin. Galxe introduces a revamped governance structure, shifting voting rights exclusively to GAL stakers, promoting a more involved and representative governance process. Galxe Earn introduces a new infrastructure for airdrop campaigns with smarter, precision-targeted distribution that ensures rewarding user engagement and participation. Galxe, the leading web3 infrastructure and digital credential network, today announced the launch of GAL…
1 year ago
Zircuit Staking Soars Past $2B TVL In Only 2 Months
George Town, Grand Cayman, April 23rd, 2024, Chainwire Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months. As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a short 2 months. Zircuit Staking allows users to earn Zircuit Points by depositing assets that can then be migrated to Zircuit's mainnet upon launch. Users…
1 year ago
Staking on Bitcoin, SatoshiDEX Staking for Presale Investors is now Live
[PRESS RELEASE – London, UK, April 23rd, 2024] SatoshiDEX, the pioneering Bitcoin DEX, announces the Staking system, enabling users to earn rewards in advance of the platform’s official launch. Boasting a successful presale exceeding $10 million, SatoshiDEX continues to gain momentum. The SatoshiDEX team has implemented a dynamic APY for their Staking System, allowing presale participants to access significantly higher rewards. To get started, users can visit the SatoshiDEX staking dashboard and lock their $SATX tokens (Polygon, Optimism, Binance Smart…
1 year ago
Chainlink Integration Empowers Stader’s Cross-Chain Liquid Staking
Stader Labs has joined the growing list of crypto infrastructure providing integrating Chainlink’s CCIP. Despite the promising ecosystem updates, LINK is trading at a loss at the moment. Stader Labs, a non-custodial, smart contract-driven staking platform with over $600 million Total Value Locked (TVL) has announced the integration of Chainlink (LINK) Cross-Chain Interoperability Protocol (CCIP). According to Chainlink, Stader will integrate its CCIP across Ethereum (ETH) and Arbitrium (ARB) to improve its Cross-Chain Liquid staking experience for its users. Stader…
1 year ago
Stablecoins Shower Octoblock Holders Through DeFi Staking Returns
Octoblock’s ICO holders are all smiles as USDC stablecoins drip into their wallet addresses through the high APY ICO staking process. Octo ICO staking yields an APY of 185.5%, an impressive return, higher than Ethereum staking yields of 4%. Currently running an exciting ICO, Octoblock’s rich package of offerings is attracting mass adoption to the DeFi space. Octoblock Explained Octoblock is a comprehensively packaged DeFi platform on the Binance Smart Chain. Its strive for accessibility and inclusivity in the DeFi…
1 year ago
Binance Launchpool Introduces Staking and Trading Support for New Layer-1 Project, Omni Network (OMNI)
Binance has announced that it is adding its 52nd project to the exchange’s Launchpool with the trading scheduled to start on April 17. Omni Network is said to be a layer-1 blockchain project expected to integrate Ethereum’s roll-up into a unified project. Binance Launchpool, a platform on the Binance exchange designed to enable users to stake supported crypto assets in exchange for new tokens from new projects, has announced support for its 52nd project – Omni Network (OMNI). According to…
1 year ago
Best Crypto Staking Platform: Earn Passive Income Up to 26% with StakingFarm
The post Best Crypto Staking Platform: Earn Passive Income Up to 26% with StakingFarm appeared first on Coinpedia Fintech News Cryptocurrencies brought decentralized digital money into mainstream finance, allowing peer-to-peer transfer of value online without intermediaries. But beyond trading or spending crypto, innovations like staking create new opportunities to earn passive income on your portfolio. Stakingfarm makes participating in blockchain networks easy, enabling average crypto owners to unlock up to 26% returns yearly on assets just sitting idle otherwise. We’ll…
1 year ago
Ethereum Staking Only Gives 4%, Octoblock DeFi Hit 180% Staking During ICO
The post Ethereum Staking Only Gives 4%, Octoblock DeFi Hit 180% Staking During ICO appeared first on Coinpedia Fintech News Octoblock’s high ICO staking rewards attract a huge investor base as its 185.5% APY beats Ethereum’s 4%. Ethereum The second-largest cryptocurrency and largest altcoin is in the limelight and attracts significant attention to the possibility of an Ethereum exchange-traded fund (ETF) approval. This comes following Bitcoin’s ETF approval of 11 spot applications in January. ETH expects to enjoy mass adoption…
1 year ago