US debt ceiling, declining trust in banks send ETH staking to record highs Post author:MiamiCrypto Post published:June 2, 2023 Post category:Cryptocurrencies / Proof-of-Stake / Shanghai / staking The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, confidence in the U.S. dollar, bank collapses and the high APR offered on ETH staking. You Might Also Like South Korean Government’s Youtube Channel Hacked to Play Crypto Video With Elon Musk September 4, 2022 Celsius CEO plans to restructure firm to focus on crypto custody: Report September 13, 2022 Binance, OKX and Bybit suspend USDT and USDC deposits on Solana November 17, 2022
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