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At a time when the market needs it most, liquid staking giant Lido Finance has partnered with KyberSwap, a leading next-gen DEX, to enhance wstETH liquidity on Ethereum.
Top US crypto exchange Coinbase is rolling out trading services for yet another Ethereum (ETH)-based altcoin. The exchange's customers can now buy and sell Lido DAO (LDO), a staking service for Ethereum and other blockchain projects, on the platform. LDO aims to allow users to stake ETH without locking assets or maintaining infrastructure.
BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Nov. 11 to Nov. 18 The post TWT, GMX, TON, CHZ, LDO Lead Crypto Market Recovery appeared first on BeInCrypto.
Concerns regarding the FTX's crash have initiated an overall bearish trend for the entire crypto market for a week. Leading assets like Bitcoin and Ethereum have broken their fundamental support level and continue to retrace downward.
Lido Finance's LDO is now available on Coinbase. Will this development trigger an influx of new demand for LDO?
Lido Finance recorded an all-time high for its Ethereum staking APR. This was due to a spike in MEV rewards on the liquid staking platform.
Biggest Ethereum holder on market is facing another wave of inflows
Lido's increase in APR from 10% to 17.5% seems to have ignited new highs, birthed new validators and increased the number of big addresses on the Ethereum network.
Lido [LDO] witnesses a massive uptick in APR Validators on Ethereum also showed interest along with large addresses On 13 November, the Lido proposal led to the surge of the allowable APR from 10% to 17.5%. The proposal at hand also led to Lido stETH APR touching 10.2%.
Lido Finance released a new proposal that looked to increase the conservative security check limits for maximal possible stETH rebase LDO rallied by over 10% in the last 24 hours, but this might not mean much Due to the downturn of the general cryptocurrency market on 9 November, which led to a boom in execution
With the larger crypto market down once again, Lido DAO prices rebounded back to lower levels after charting a short-term recovery. The post Over 4 Million Lido DAO (LDO) Tokens Transfer to Exchanges Sparking Fear appeared first on BeInCrypto.
Lido Advisors' Gina Sanchez joins Eamon Javers and the ‘CNBC Special: Taking stock' to discuss today's market action, as the Dow plunged more than 600 points, and what she expects to see from tomorrow's Consumer Price Index data.
Loopring has soared 49.5%, Polygon is up 21.6%, Lido DAO has gained 17%, and several Ethereum DeFi tokens have posted double-digit gains.
The LDO token was observed to be on the receiving end of massive interest from Ethereum [ETH] whales. The huge interest from large investors could provide LDO with a much needed support to grow.
The cryptocurrency market is on the upswing today, with Bitcoin's price rising above $20,500 for the first time in weeks, Ethereum's price rising above $1,500 for the first time since the post-merge turmoil, and the total market cap surpassing $1 trillion after three weeks below that threshold.
LDO, the native token of leading Ethereum [ETH] staking platform Lido Finance ranked high on the list of best-performing cryptocurrency assets in the last week. According to data from cryptocurrency price-tracking platform CoinMarketCap, the asset's price rose by 14.96% behind KLAY (37.58%), TON (37.94%), and HT (25.98%).
Biggest Ethereum holder on network seeing inflow of funds
The crypto market experienced a massive crash this year.
Lido Finance really took the crypto staking market by storm, especially with its liquid staking feature. The Ethereum merge hype that contributed to Lido and LDO's popularity has already died down.
Prominent DeFi tokens, including Maker, Lido, and Curve, have all led the latest crypto rebound, jumping in price.
An Ethereum (ETH)-based altcoin is rallying following news that top US crypto exchange Coinbase has added the project to its listing roadmap. Lido DAO (LDO), a staking service for Ethereum and other blockchain projects, has seen more than a 16% price increase in the days following Coinbase's announcement via Twitter.
Lido DAO Token [LDO] may have led investors on and eventually disappointed them but now may be the time it restores confidence. According to DeFinder, new addresses on the liquid staking protocol seem to be in full anticipation of an LDO resurgence.
LDO price shows strength for the first time after post-merge. LDO bounces from the downtrend, hoping to end its bearish run as the price eyes a possible breakout from the downtrend line.
Over the past 24 hours, tokens underpinning popular DeFi protocols like SushiSwap and Lido Finance have taken a battering.
