Bitcoin (BTC), the world’s largest cryptocurrency by market cap, surged to a two-year high of over $57,000 as spot BTC ETF trading volume increased. As of writing, Bitcoin noted an upswing of 10.73% over the past 24 hours and is currently trading at $56,824. The price rally led to a substantial liquidation of short positions […]
CoinGecko, a crypto data and analytics platform, recently published a report on Ethereum Liquid Staking for 2023. This report offers insights into Liquid Staking Derivatives (LSDs) introduced after Ethereum’s Beacon chain launch in 2020. Initially, ETH holders were required to stake a minimum of 32 ETH to become validators after the launch. However, to encourage […]