How did Lido Finance [LDO] do, before and after Ethereum's Merge
Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance.
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Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance.
Lido DAO (LDO) showed so much strength as the price rallied from $0.5 to a region of $3, creating a new all-time high against tether (USDT) ahead of the anticipated “Ethereum Merge.” Lido DAO (LDO) benefited from the relief bounces across the crypto market as it continues to top the chart week in and week out but has since struggled after the merge.
Gina Sanchez, Lido Advisors chief market strategist, joins 'The Exchange' to discuss Sanchez's volatility survival guide and which stocks to consider.
The most anticipated event in blockchain history this year – the Ethereum Merge – has come and gone successfully. Following the Merge, the price of Ethereum-linked cryptocurrency assets such as Ethereum Classic [ETC] and the LDO, the governance token of ETH liquid staking platform, Lido Finance, rallied significantly.
Bitcoin maximalists have been up in arms about these revelations. They argue that this proves Ethereum is becoming more centralized, and censorship resistance is at risk.
Lido dominates ethereum staking with exchanges like Coinbase and Kraken following.
The cryptocurrencies below are trading in the downtrend zones and are capable of further decline.
When talks of the Ethereum [ETH] Merge became an irreversible focal point of the crypto community, Lido Finance [LDO] was mostly pointed out. Not just because it is the king in the ETH staking world but because it almost always took part in a price uptick.
With Ethereum's Merge due to happen tomorrow, new research from analytics firm Nansen has revealed that 64% of all ETH staked in the platform's Beacon Chain is controlled by only five entities. Of the big five, Lido leads the way with 31% of all staked ETH, while centralized exchanges Coinbase, Kraken and Binance control a combined total of 30%.
LDO faces the prospect of a "sell the news" event following the big "Merge" day.
LDO price faces downside risks from "sell-the-news" sentiment coupled with a bearish technical setup.
Though it can be challenging, Uniglo (GLO) is a digital asset that offers investors the best of both worlds – the potential for high returns without sacrificing safety. Uniglo is a digital asset that combines DeFi with security, making it a good choice for investors.
In a rapidly changing world, it's more important than ever for companies to have a robust and reliable audit system. Uniglo, a leading DAO project, has made the smart move of investing its time and resources in a top-tier audit.
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week.
Lido's rally seems to be over as Ethereum Merge no longer provides enough support for asset
A popular cryptocurrency analyst has predicted that the prices of both Cardano ($ADA) and Lido DAO's governance token $LDO could soon rally based on two upcoming hard forks, including Ethereum's Merge upgrade. The host of Coin Bureau, as Daily Hodl reports, has shared a new video with his 2.
The bearish September appears to have strengthened its roots as the prices of the asset closely related to the Merger have been challenged by the bears. The popular staking solution for Ethereum, Lido DAO has been dropping off-let and today tops the loser board.
The cryptocurrency market has suffered a dip in the past 24 hours. At $985.4 billion, its total cap has sunk by 5.
The price of Lido Finance's LDO token rallied by 20% in the past seven days, data from CoinMarketCap revealed. According to Cryptowatch, the #66 largest cryptocurrency shares a statistically significant positive correlation with Bitcoin [BTC].
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network's consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS).
The token powering Ethereum staking service Lido Finance has enjoyed a heady rise over the past week, jumping from $1.60 to nearly $2 today.
This post is all about the top 5 cryptocurrencies that displayed good performance in the last seven days.
It has been a choppy week for the crypto market. Several cryptos have stood out, however, with bearish trend reversals beginning to form.
The altcoins below are trading above the moving average lines.