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Kraken Announces New Onchain Crypto Staking Program for US Clients Two Years After SEC Crackdown

One of the top US-based crypto exchanges is launching a revamped crypto staking program two years after the U.S. Securities and Exchange Commission (SEC) forced a similar initiative to shutter. According to Kraken , US clients in 37 states and two territories can stake 17 assets onchain starting today. Kraken clients residing in Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Louisiana, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Utah, Virginia, West Virginia, Wyoming, District of Columbia, and Puerto Rico can now stake Ethereum ( ETH ), Solana ( SOL ), Cosmos ( ATOM ) and 14 other Proof-of-Stake tokens through the exchange. Says Mark Greenberg, Kraken Global Head of Consumers, of the staking re-launch, “Launching this new staking product in the US is an overwhelmingly positive development, not just for Kraken but also for the entire US crypto space. We are excited to bring back a brand new product enabling US clients to resume staking with Kraken and play a significant role in bolstering the underlying security of blockchain networks.” The announcement comes two years after the SEC ordered Kraken to discontinue its staking-as-a-service program. Kraken also had to pay $30 million to settle the suit. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/FlashMovie The post Kraken Announces New Onchain Crypto Staking Program for US Clients Two Years After SEC Crackdown appeared first on The Daily Hodl . Finbold

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Ethereum (ETH) Struggles to Hold $3,000 as PANSHIBI (SHIBI) Draws Attention from Risk-Takers

ETH remains a major player in the crypto landscape, cherished alongside Bitcoin for its worth. However, recent developments in Ethereum news hint that many crypto enthusiasts are beginning to shift their gaze towards meme coins. Currently, one of the top meme coins to consider is Panshibi . With Ethereum updates suggesting that this rising star is poised to outshine other meme and traditional coins by 2025, let`s delve deeper into what makes this coin so intriguing. Emerging Chinese Startup Triggers Ethereum Price Shift The launch of the innovative Chinese AI startup, DeepSeek, has initiated a downward trend in ETH`s market performance. Recent Ethereum reports indicate that several investors have offloaded their ETH holdings, contributing to a further decrease in its value. Currently, Ethereum is trading at $3,111, reflecting a 5% decline over the past week, according to the latest news. Despite this dip, experts anticipate a rebound in its price soon. Meanwhile, eager ETH investors looking for lucrative returns this year are turning to Panshibi, a promising new coin. Analysts predict that Panshibi could become a leading figure in the meme coin market in the near future. Could Panshibi Surpass Traditional Cryptocurrencies? A 2024 analysis by CoinGecko revealed a growing trend of investors moving from conventional cryptocurrencies to meme coins. The findings showed that one in three crypto investors preferred meme coins over major players like ETH and Bitcoin. Experts forecast even greater momentum in 2025. With Panshibi`s rise, the meme coin sector is on the brink of a significant boom. Analysts believe Panshibi could dominate the meme coin market by 2025, making now the perfect time to invest. Panshibi aims to establish a vast network of diverse crypto enthusiasts worldwide. This community will offer opportunities to engage in various activities for real money rewards. Newcomers can learn about the meme coin universe by interacting with seasoned participants, while other exciting benefits await those involved. In a demonstration of transparency, Panshibi has completed all necessary procedures. Its smart contracts have undergone thorough audits and passed without any issues. Additionally, Blockchain security firm Coinsult has verified the contract, affirming its safety. As a result, you can invest in this token without fear of fraud. Panshibi is yet to be launched and must complete 15 presale stages before its official release. These stages will unfold over 55 days, with each stage significantly increasing the coin`s value. During this period, the coin`s worth is expected to surge by 1200%, and after its launch, holders could see an astonishing rise of 145,000%. This makes Panshibi a highly attractive investment for 2025. Now is the ideal time to invest in this token. With the presale stage potentially starting soon, delaying could mean missing out on substantial returns once the coin hits the market. Join the future of meme coins today by becoming an early investor. Conclusion Panshibi is rapidly gaining traction, overshadowing many traditional cryptocurrencies, including ETH. A growing number of crypto enthusiasts are investing to secure their place in the future of this coin, which offers numerous advantages. By investing, you can become a crucial contributor to the community, access exclusive VIP clubs, and much more. Participate in the Panshibi presale here: Telegram: https://t.me/panshibi Twitter: https://x.com/panshibi Website: https://panshibi.com Finbold