Crypto AnalysisNEWS

Tezos XTZ Price Pump Good for the Future of Staking

Despite seeing a decline in price on the day, Tezos pumped to nearly 40 percent over the weekend following news out of Coinbase’s custodial services to support staking for the currency. Last week Coinbase announced support for Tezos staking, paying institutional investors the near 7-8 percent in dividends to keep their XTZ stored in Coinbase Custody as opposed to an independent wallet.
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