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 Analysts say Bitcoin has ‘already capitulated,’ target $41.3K as the most hold level April 20, 2022 Ethereum Topped $3,250 in Recovery as BitMine Stakes Over $2B ETH January 6, 2026 Robinhood makes significant strides in crypto business in Q1 despite falling revenue April 29, 2022