Staking app support tops 700% weekly gains for new cryptocurrency top 100 ent...
The Orbs token burst into the market cap top one hundred after 75% overnight growth compounded 700% gains for the week. A new entrant climbed into the cryptocurrency market cap top 100 on March 16, after a 75% overnight surge compounded 700% weekly growth for blockchain enterprise project Orbs (ORBS).One day previously, Orbs had been announced as the latest addition to Moonstake’s staking wallet, which returns interest to users who stake their cryptocurrencies. The partnership between Orbs and Moonstake will also see the pair combine to increase the adoption of blockchain technology in the....
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Staking opportunities are a crucial part of the cryptocurrency industry. They serve two purposes: users help secure the network, and they can generate passive revenue. Now, platforms like Wagyuswap and its latest $WAG staking event, “The Great Steak” are changing the narrative on staking entirely. Staking Remains Popular Cryptocurrency staking is an accessible solution for […]
The price of Elrond (EGLD) has shown little relief bounce against Tether as it continues to range in its bearish flag pattern. Although relief bounces are shown by other cryptocurrencies across the market, with some double-digit gains, Elrond’s price has struggled to crack those gains. (Data from Binance) Related Reading: TA: Ethereum Loses Steam, Why 100 SMA Is The Key For More Gains Elrond Price Analysis On The Weekly Chart From the chart, the price of Elrond saw its weekly bottom at $40, and the price of EGLD bounced from that region to a price of $57 on the weekly chart as the....
Hardware wallet-based staking offers more security and freedom than staking via software wallets and crypto exchanges, according to the head of Ledger Enterprise. As cryptocurrency staking is growing increasingly popular, one may wonder about staking opportunities of not only crypto exchanges or software wallets but also hardware wallets.By definition, staking allows investors to earn crypto without selling their holdings but rather by delegating crypto to a staking validator to support a blockchain. Originating from the word “stake,” the staking process refers to gaining profits and an....
The US tax regulator, the Internal Revenue Service (IRS), has restated its stance on cryptocurrency staking, clarifying that rewards generated from staking activities are taxable as soon as they are received. The IRS added that staking rewards do not constitute new property, and are therefore subject to immediate taxation upon generation. IRS Confirms Crypto Staking […]
Trust Wallet Token (TWT) seems untouched by the crypto market decline, holding a nearly 20% seven-day gain while top coins recede. After finding support at $0.79, it rallied above the $0.94 resistance, flipping it to a new support level today. The Trust Wallet Extension update on Chrome might be driving its price gains in the past week. Due to the update, users can now enjoy the full features of Trust Wallet integrated with their Chrome browser. Such ease of access may have boosted the use of TWT, thereby pushing its demand and price. Recent Network-Related Developments Can Push....