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Crypto Price Prediction: The crypto market witnessed steady selling pressure in the last week of 2024, prolonging a correction phase in the majority of major cryptocurrencies. The market leaders Bitcoin and Ethereum falling for three consecutive days registered a 5% and 4.4% decline to current trade at $41742 and $2278.
The cryptocurrency ecosystem is a field where fluctuations and changes are commonplace, in this case Lido DAO has seen important changes in recent days. Recently, an interesting trend has been observed in Lido's participation in the staked Ethereum supply, while the Total Value Locked (TVL) of the Layer 2 network, Blast, has registered impressive growth.
In the context of increasing interest in liquid staking, Lido observed a significant upswing in its price.
This development not only fueled optimism for SHIB, 1INCH, and LDO but also showcased a heightened sense of confidence among global traders and investors. The crypto community is now closely watching these tokens, reflecting the substantial interest and attention they've garnered.
The world of cryptocurrencies once again witnessed a noteworthy buzz orbiting SHIB, 1INCH, and LDO as these tokens emerged at the cork of the smart money token inflow list on Monday. Notably, the emergence of these tokens at the top sparked immense curiosity among crypto market enthusiasts as the chronicle took place amid a price
A notable deposit upsurge elevated Eigen Layer's standing in the LSD sector. Will it affect Lido's superiority?
Hasnote acts as a gateway for clients who are looking for security.
The cryptocurrency industry had a relatively mixed year in 2023. It started the year well and then resumed the crypto winter where most coins were in a narrow range. It then bounced back in the fourth quarter, with most coins and tokens surging. There are now over 11,600 cryptocurrencies, according to CoinGecko.
Fresh deposits of $69 million into Lido's staking pool boosted its staked ETH numbers.
A big selling point of blockchain networks is that they are "decentralized." But just a few validators, including those run by Lido, have gradually amassed a lion's share of the power over the dominant smat-contracts blockchain, Ethereum.
A class-action lawsuit against Lido DAO alleges its LDO token is an unregistered security, claiming responsibility for investor losses following the token's price decline.
A former investor has filed a class action lawsuit against Lido DAO in a District Court of San Francisco.
The investor claimed that 64% of Lido tokens are controlled by just a few venture capital firms, preventing ordinary investors from having any control over decisions.
Private investment firm cyber.Fund has established a new fund aimed at supporting blockchain, artificial intelligence and robotics.
The TVL on Lido Finance went past $20 billion for the first time since April 2022.
Here, we explore three altcoins priced under $5, offering affordable entry points for investors looking for promising opportunities. 1. Lido Sees On-Chain Activity Surge Amid Broader Crypto Momentum Lido, a leading provider of Ethereum-based liquid staking, is capitalizing on the positive trends in the broader cryptocurrency market.
Leading decentralized staking solution Lido's TVL has reached an all-time high of nearly $22b today.
Liquid staking protocol Lido (CRYPTO: LDO) on Monday announced that the platform's Total Value Locked (TVL) surpassed $20 billion for the first time since April 2022, and the number of first-time ETH stakers on Lido exceeded 200,000 in November. However, this rapid growth has sparked debates within the Ethereum (CRYPTO: ETH) community regarding Lido's increasing influence.
In a remarkable milestone for the Decentralized Finance (DeFi) ecosystem, Lido DAO's TVL recently broke the 20-month milestone, soaring past $20 billion for the first time since April 2022. The achievement highlighted in Lido's November 2023 report reflects rising interest in and involvement in Lido's staking platform, indicating possible bullish tendencies for the native token, LDO.
In the decentralized finance (DeFi) ecosystem, November 2023 marked a resounding chapter for Lido DAO, the world's leading Ethereum staking protocol. The monthly report revealed a cascade of significant milestones and advancements that reflect the platform's steady ascension.
Lido continued to make changes to its protocols as the LSD sector got crowded. Sentiment around the network fell, price remained unaffected.
DeFi TVL has risen consistently in the past two months. Lido and MakerDAO saw mixed user activity in the last 30 days.
The cryptocurrency market is presently enjoying a bullish run, spearheaded by Bitcoin's (BTC) pursuit to maintain gains above the $44,000 threshold. This upward trend continues to instill a sense of optimism among investors, with expectations that the rally could extend its impact to other digital assets.
Lido's TVL climbed by almost 10% in the last week. This was due to the rise in prices of ETH and MATIC and the surge recorded in staking deposits.
