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 DeFi protocol Aave encounters major capital flight October 29, 2021 Coinbase initiative announces crypto-themed US presidential forum December 4, 2023 Nigeria to tax crypto, digital assets 10% on capital gains — Experts react June 10, 2023