Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Validation
What is Crypto Staking?
Crypto staking is a process in which holders of certain cryptocurrencies can earn rewards for supporting the network by holding their coins in a wallet and participating in the validation of transactions. This is in contrast to the mining process, in which rewards are earned by contributing computing power to solve complex mathematical problems and validate transactions. To participate in staking, a person typically needs to have a certain amount of the specific cryptocurrency in their wallet and run a…
Block Education
@BlockEducation
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