Cryptocurrency News
Babylon has officially launched its Bitcoin staking mainnet, and the response has been nothing short of extraordinary. The network saw a significant spike in activity, leading to Bitcoin transaction fees soaring by 120x, reaching a staggering 60 BTC, all due to the rush to participate in Babylon’s staking event. In […]
The Core Foundation announced today the launch of its Dual Staking model, a significant upgrade to its pioneering Non-Custodial Bitcoin Staking system. This innovative model, which functions as a Bitcoin bond layer, has been instrumental in establishing the Bitcoin Risk-Free Rate. With approximately 55% of Bitcoin mining hash power now […]
Ethereum’s price exhibited a decline below the crucial $2,240 support level, dipping briefly under $2,200 before finding support around $2,165. Similar to Bitcoin’s pattern, ETH established a short-term base and initiated an upward correction, currently trading at $2,205. Amidst the price fluctuations, Celsius continued to make notable deposits of Ethereum […]
Crypto staking involves participating in a blockchain network by holding and “staking” a certain amount of a cryptocurrency in a wallet to support the network’s operations. In return, participants receive rewards, typically in the form of additional coins or tokens. Here are some key terms related to crypto staking: Staking: […]