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
Crypto Staking Platforms:A Close Look at CryptoHeap
In the rapidly developing world of cryptocurrency, one of the most popular and profitable ways to generate passive income is staking. One can take part in the very operation of the network and, in turn, receive rewards from crypto staking. Many staking platforms exist, but CryptoHeap serves as one of the best platforms for staking. This article will provide the details of the crypto staking platforms and explain why CryptoHeap is being touted today as one of the best staking…
10 months ago
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StakingAre Staking Rewards Taxable?
With the growing popularity of crypto staking, the majority of investors are shifting to platforms like StakingBonus for secure and profitable staking opportunities. However, one of the most frequently asked questions by stakers is whether staking rewards are taxable. The answer is yes. Another question you might be asking now is why, right? Well, in most jurisdictions, staking rewards are considered taxable income. It's therefore very important to know how to do this effectively with StakingBonus to maximize your profits…
10 months ago
How to Start Staking Crypto: A Comprehensive Guide to Profitable Staking With StakingBonus
The post How to Start Staking Crypto: A Comprehensive Guide to Profitable Staking With StakingBonus appeared first on Coinpedia Fintech News Crypto Staking has been one of the most attractive ways to create an income stream passively for new and experienced investors. With platforms like StakingBonus, it couldn’t have been easier or more accessible. In this article, we will provide a step-by-step guide on how to stake crypto, pointing out all the features and advantages of using StakingBonus. We will…
10 months ago
Is It Worth Staking Solana? Rewards, Risks, and Reality
Staking Solana is well popular among crypto investors due to the huge rewards and innovativeness of the Proof of Stake system (POS). On the other hand, OkayCoin, one of the largest cryptocurrency exchanges in the world, gives a robust platform for the staking of Solana and provides an opportunity for earning passive income to all its users. This article will discuss the rewards and risks as well as the reality of staking Solana on OkayCoin and what places it at…
10 months ago
Jito’s New Code Could Revolutionize Solana Staking!
The post Jito’s New Code Could Revolutionize Solana Staking! appeared first on Coinpedia Fintech News On July 25, the Jito Foundation made a splash with a major update that could transform staking and restaking on Solana. This new code release has the potential to shake up the entire blockchain landscape! Why Jito’s Restaking Code Matters Here’s why this is exciting – Jito’s code could enable Solana based apps to use a variety of cryptocurrencies for securing their operations. Unlike Ethereum-only…
11 months ago
Kintsu Secures $4M in Seed Funding Led by Castle Island Ventures to Catalyze Monad DeFi with Liquid Staking
New York, New York, July 25th, 2024, Chainwire Kintsu, an innovative liquid staking protocol, is thrilled to announce the successful completion of its $4 million seed funding round. The round was led by Castle Island Ventures, with additional support from prominent investors including Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, Arche Capital, CMS Holdings, Animoca Ventures, F-Prime Capital (a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments), Reciprocal Ventures, and LBank Labs. Notable…
11 months ago
Acre launches Bitcoin Staking on mainnet in partnership with Xverse
New York, United States, July 25th, 2024, Chainwire Xverse, the leading Bitcoin Web3 wallet, has teamed up with Acre to offer a native Bitcoin-in, Bitcoin-out staking experience. This partnership gives users the ability to earn BTC-based rewards – marking a new category in Bitcoin innovation. Through this partnership, Xverse users can now effortlessly put their BTC to work in Acre directly from the Bitcoin mainnet via their existing Xverse wallet. Acre’s fully on-chain staking experience eliminates the complexity of participation…
11 months ago
5 Best Staking Coins for Maximum Passive Income
Staking cryptocurrencies is a great way to earn passive income by just holding and validating coins. Unlike traditional investment methods like real estate investment trusts or corporate bonds, staking gives you a steady income stream with potentially higher returns. This article will show one of the trending passive income ideas to maximize your passive income through the staking plans on CryptoHeap. Top Coins to Stake in 2024 Bitcoin (BTC): BTC is the first and most well-known cryptocurrency, often called digital…
11 months ago
Crypto Staking: How to Make Money on OkayCoin
With the rapid development in technology, Crypto staking has become a way for investors to earn passive income while contributing to the security and efficiency of blockchain networks. This article will walk you through how to make money on OkayCoin.com through staking, a step-by-step guide on the process, benefits, and considerations of staking your crypto assets. What is Crypto Staking Crypto staking means holding and “staking” your cryptocurrency in a digital wallet to support the operations of a blockchain network.…
11 months ago