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Kraken Shakes Up Crypto: Bitcoin Staking Goes Live Via Babylon as BTC DeFi Gains Momentum
Kraken Shakes Up Crypto: Bitcoin Staking Goes Live Via Babylon as BTC DeFi Gains Momentum
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Kraken just dropped a bombshell—Bitcoin staking is now live through Babylon, turbocharging BTC's push into DeFi territory. Wall Street's old guard won't know what hit them.
Why this matters: Bitcoin's no longer just digital gold. With staking on a major exchange, it's morphing into a yield-bearing asset—and traditional finance is scrambling to keep up.
The DeFi domino effect: As BTC stakes its claim (literally) in decentralized finance, expect more exchanges to follow Kraken's lead. The race to monetize idle Bitcoin just went mainstream.
Cynical take: Banks will spend millions lobbying against this while quietly building their own crypto staking desks. Hypocrisy? In finance? Always.
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