US debt ceiling, declining trust in banks send ETH staking to record highs
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.
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.
Original source
Read on CointelegraphRelated market context
Bitcoin, XRP spot ETFs see inflows while Ethereum records outflows on June 12
Bitcoin and XRP ETF inflows suggest cautious optimism, while Ethereum's outflows highlight potential liquidity and investor confid...
SpaceX shares surge 19% in debut after blockbuster IPO, sending shockwaves through crypto markets
SpaceX's IPO success highlights a shift in investment focus, potentially diverting capital from crypto markets and impacting digit...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
The future of vaults: neobanks and invisible DeFi
The following is a guest post and opinion from Vincent Maliepaard, VP of Marketing at Sentora. On January 26, 2026, Kraken launche...
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...