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 […]
Tag: Staking
Top 14 Crypto Staking Basics You Should Know About
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: […]
Top 3 Liquid Staking Derivatives Tokens Below $50M Market Cap To Watch In January 2023
It implies “flexible staking,” which enables users to stake their coins while still maintaining the possibility of trading them. Liquid Staking Derivatives Tokens have a total market capitalization of $3,389,674,971 and a total trading volume of $393,558,991 in the last 24 hours. Note: This List is sorted by their market […]
BTCS Expands its Ethereum 2.0 Staking Operation to 200 Nodes
100 more nodes launched for a total of 6,400 ETH valued at approx. $11M now staked Silver Spring, MD – (Globe Newswire – March 11, 2021) – BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced it further expanded its transaction […]
Pure Proof of Stake – An Explainer
Soon, the much-anticipated Ethereum 2.0 implementation will go live. The first phase will involve an upgrade from the existing power-hungry Proof of Work consensus, to the more efficient Proof of Stake. Like Ethereum itself, Proof of Stake has stood the test of time, having first emerged in 2012 as it […]
How to Maximize Profitability with Cryptocurrency Staking
Cryptocurrency staking first exploded into popularity back in 2013 with the release of Peercoin — the first cryptocurrency based on the Proof of Stake (PoS) consensus mechanism. Peercoin became the first prominent cryptocurrency to offer staking rewards to holders, allowing them to essentially lock up their coins to help secure […]
Tezos Overtakes EOS in Number of Coins Staked
There are many different ways to make money in the cryptocurrency space. One option to explore is proof-of-stake coins, a segment in which Tezos has now overtaken virtually all other currencies in terms of overall coins staked. Proof-of-stake currencies can help generate a passive revenue stream. Tezos is on a […]
No one Should Stake Tezos on Coinbase and pay a 25% Fee for Doing so
An exchange on the scale of Coinbase should charge minimal fees. Unfortunately, that is far from the case, and it seems to grow worse. Especially where the staking of assets is concerned, things do not look too promising. Don’t use Coinbase to Stake Assets Recently, Coinbase confirmed how its users […]