PostFinance Launches Native Ethereum Staking Services

Airdrop Is Live 🔥 CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com


A retail bank fully owned by the Swiss Government, PostFinance has announced the offering of Ether staking to its 2.7 million customers, who make up roughly a quarter of the Swiss population.

The information of the offering came into the spotlight following the bank blog in which it notes that the service would allow investment using Ethereum for a fixed minimum term of twelve weeks, with the opportunity to sell the credited staking rewards.

As per finance experts, the move of the bank will help the bank to cater to huge masses when the global crypto adoption is at its peak and other traditional banks have been constantly exploring the opportunities of a decentralized ecosystem. 

According to the available data set, Anchorage Digital is one of such banks to offer ether liquid staking; Per CoinGecko a minimum of 32 ETH is required to stake. 

Yet PostFinace said it would allow users to stake using 0.1 Ether, which is roughly $330, as of the time of this writing. Following the announcement the head of digital assets of PostFinance, Alexander Thomas said that the staking services will be entirely based on native staking directly on the Ether blockchain.

Alexander quotes “ The staking service is completely integrated into PostFinance’s existing services.” Further adding that “ This means that customers can see their staking rewards directly in their asset statement, together with their other crypto assets.” 

Crypto market to grow at an appreciable pace in 2025

In the past few quarters, a major increase in the adoption and usage of cryptocurrencies has been seen, yet the contribution of nations like India, Indonesia, and Namibia has been a primary factor in driving the prices and adoption to the sky. 

Several factors are driving to this growth, including the rising desire for safer international transactions. By eliminating the need for middlemen and related expenses, cryptocurrencies provide a safe and effective means of carrying out cross-border transactions. 

Furthermore, blockchain technology is becoming more widely used in industries other than cryptocurrencies, such as finance, healthcare, and supply chain management.

With growing knowledge and acceptability among people, companies, and governments, cryptocurrencies are becoming more widely used. It is anticipated that this change in perspective will persist, spurring additional market adoption and expansion. 

The cryptocurrency market is predicted to increase significantly in 2025, with a generally optimistic view.

When writing the cryptocurrency market capitalization was at $3.57 trillion with an intraday addition of 2.10 percent and at the same time the oldest crypto of the market Bitcoin was exchanging hands at $101,593 with an intraday surge of 1.90 percent. 

Over 100s of finance experts and analysts are now bullish over cryptocurrencies especially Bitcoin and few of them argue that BTC could break $200k resistance by 2025 ending. 





Source link