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
LBank Labs Invests in Kintsu Seed Round Led by Castle Island Ventures to Revolutionize Liquid Staking on Monad
Singapore, Singapore, September 5th, 2024, Chainwire LBank Labs, a $100-million multi-strategy crypto fund, is thrilled to announce its participation in Kintsu’s $4 million seed funding round, which was led by Castle Island Ventures. The round also saw participation from major industry players including Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, CMS Holdings, Animoca Ventures, and several high-profile angel investors such as Alex Matthews and Ross Trachtman from Brevan Howard Digital, Marin Tvrdic from Lido, and Robinson Burkey from…
9 months ago
Tags
StakingTags
StakingStaking Good or Bad?
Crypto staking has massively grown as one of the innovative ways to earn passive income in the digital asset space. It also provides investors with an option to validate blockchain transactions alongside traditional mining while earning rewards on stake. Like any other investment strategy, however, staking comes with its pros and cons. In this article, we are going to discuss whether staking crypto is good or bad. What is Crypto Staking? Crypto-staking refers to a process or act of locking…
9 months ago
Is Staking Like Dividends? Understanding Crypto Staking with CryptoBox
As more and more investors join the space of cryptocurrency investments, crypto staking is considered the most attractive method of passive income. But what exactly is crypto staking, and is it like traditional dividends in some way? Let's look at how the two compare and how CryptoBox makes staking more profitable with AI-driven solutions. What is the Difference Between Staking and Dividends? Dividends in traditional finance are the payments a company pays out of its profits to its shareholders. So, once…
9 months ago
Staking is a Security: What You Need to Know
As the world of cryptocurrency continues to evolve, so do the issues associated with it, specifically regulations for the industry. One of the hottest debates recently is whether or not staking, a popular method of earning passive income, should fall under the category of a security. This question is not purely academic because it bears significance on how staking is regulated and on the platforms that offer staking. This article looks into the matter more thoroughly, and we will also…
9 months ago
Binance Expanding Staking Opportunities on Solana With Launch of BNSOL; Rollblock Soars 140%
The post Binance Expanding Staking Opportunities on Solana With Launch of BNSOL; Rollblock Soars 140% appeared first on Coinpedia Fintech News The giant crypto exchange Binance recently teased a brand new liquid staking service for the Solana token, leading investors to forecast a bullish month ahead. As analysts debate its potential, the Rollblock ($RBLK) presale continues to make new highs as volume soars and analysts predict staggering 100x moves! Binance Coin ($BNB) Seeing Fewer Swings As Volatility Decreases Binance Coin…
9 months ago
Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?
Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Exchanges Hint At New Solana-Based Products On Thursday, crypto exchanges Binance, Bybit, and Bidget created a buzz among crypto investors after hinting at the launch of new Solana-based products. Binance, the largest…
9 months ago
Unlocking the Potential of Decentralized Finance with STAKING AI
The post Unlocking the Potential of Decentralized Finance with STAKING AI appeared first on Coinpedia Fintech News Cryptocurrency has gained an inevitable place within the global financial ecosystem, and its benefits are increasing recognition across sectors. But what really makes cryptocurrency good, other than the hype in the headlines? One of the main reasons is that it can decentralize finance and, at the same time, provide high returns and make sure financial inclusion happens Additionally, cryptocurrency opens a window into…
10 months ago
Babylon Launches Bitcoin Staking in Mainnet, Sparking Airdrop Speculations
Babylon has unveiled a Bitcoin staking program, establishing a new precedent in the crypto sector. This strategy allows users to stake Bitcoin while retaining custody, offering a transformative way to utilize a $1.2 trillion asset without surrendering control. That being said, some speculate that Babylon is akin to EigenLayer for Bitcoin. Babylon Bitcoin Staking Max Limit Hit The initial phase of the staking process involves submitting transactions to the Bitcoin blockchain. These transactions activate a self-custodial staking script that locks…
10 months ago
Is Ethereum Poised for Inflation? Supply Reaches New High as Staking Takes Off
While Ethereum hasn’t been quite consistent with its bullish trajectory in the past weeks, its circulating supply has done the opposite. According to data from Ultrasoundmoney, ETH’s circulating supply has skyrocketed to over 120.72 million ETH as of today. Although this increase in supply is not straightforwardly negative for ETH, it still marks a notable shift in the network’s dynamics, fuelled largely by adopting Ethereum’s proof-of-stake (PoS) model. Supply Increase, How And Why? The surge in Ethereum’s total supply to…
10 months ago