Friday, April 26, 2024
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Coinbase (COIN) Ventures’ Strategic Investment Sends Rocket Pool (RPL) Token Price Surging

According to its website, Rocket Pool, which offers 3.33% APY for staking ether (ETH), has more than 779,000 ETH, worth about $1.4 billion, making it the third most popular liquid staking platform by total value locked behind Lido and Coinbase, per blockchain analytics firm DefiLlama. Source

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Apple’s new headset could put a rocket under metaverse tokens

Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry.In January, the native tokens of blockchain-based metaverse projects Decentraland (MANA) and Sandbox (SAND) witnessed significant surges in price, due partly to swirling rumors about

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Ether (ETH) Stakers Flee Crypto Exchange Binance, Coinbase as Rocket Pool, Frax Finance Gain Deposits

Regulatory risks and aversion to centralized crypto platforms after last year’s bankruptcies are likely among the reasons that drive investors to decentralized staking protocols, Tom Wan, an analyst at digital asset investment firm 21Shares, said in a note. Source

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