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 Here are 3 altcoins that could surge once Bitcoin flips $35K to support June 1, 2022 Kansas state lawmakers look to cap crypto political donations at $100 February 15, 2023 Attacker hijacks Tornado Cash governance via malicious proposal May 21, 2023