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The price of Lido DAO (LDO) has shown so much strength despite the downtrend across the market, with Lido DAO (LDO) eyeing a rally to its all-time high of $4. Bitcoin's (BTC) price has shown a little strength bouncing off from key support, leading to most crypto assets popping out from their shell.
A popular crypto trader and analyst are portraying his bearish stance towards one Ethereum-based altcoin as he puts forth his analysis on Bitcoin (BTC) and Cardano (ADA).
Lido Finance [LDO] the market leader for Ethereum liquid staking (with over 80% of the market share) is creating headlines. Now, one of the biggest “shareholders” of Ethereum has seen a strong price increase in the last 24 hours.
The broader crypto market showed an impressive price rally mid-day, August 31. Cryptos such as Bitcoin and Ethereum have increased by 0.87% and 2.58%.
It has been evident that the cryptocurrency market has been trying to regain price and trading volume over the past couple of weeks.
One of biggest "shareholders" of Ethereum seeing a strong price increase in last 24 hours
Onboarding several chains into its staking solution may be one of the best steps Lido Finance [LDO] could have taken. The multi-chain staking liquidity platform hosts a number of chains including Ethereum [ETH], Solana [SOL], and Terra Classic [LUNC].
After clearing the USD 20,000 resistance zone, BTC is currently (11:36 UTC) trading near USD 20,470 and it might attempt a clear move above the USD 20,500 zone. If the bulls remain in action, the price might also test the USD 21,200 resistance. BTC is up 3% in a day and down 4% in a week.
The cryptocurrency market has enjoyed a rebound after the previous day's selloff. Its total cap has returned to $1.
Blue-chip DeFi tokens, including Lido and Compound, posted hefty gains as Ethereum's merge event fast approaches.
Lido price has done relatively well in the past few weeks as investors wait for the upcoming Ethereum merge. What next for LDO?
Yesterday, bitcoin price recovered from the USD 19,500 zone and is now still fluctuating above the USD 20,000 level. It is currently (03:53 UTC) consolidating near USD 20,200 and facing resistance near USD 20,500. BTC is up 2% in a day and down almost 6% in a week.
The crypto market decoupled from the NASDAQ 100 today, with network news delivering breakout sessions for several of the crypto top 100.
According to data from BestBrokers, Ethereum staking solutions remain popular as the network gears up for “The Merge”. In the event that will complete this network transitions to Proof-of-Stake (PoS), users seem to be piling up for a shot at receiving a portion of the rewards for securing the network.
The announcement of a Paladin audit for Uniglo (GLO) is excellent news for the project and will likely result in a significant price increase. The audit will give the project more legitimacy since a reputable company is undertaking it.
Lido Finance's native token has fallen amid slowing demand for staking and mixed expectations of the upcoming Ethereum merge event.
Lido Finance [LDO], the largest platform for liquid staking services on Ethereum [ETH] continues to impress investors. In the past week, the native token (LDO) rallied more than 18% on CoinMarketCap.
Lido Finance has enjoyed immense success in providing liquid staking facilities. It is currently the largest ETH staking facility now that Ethereum is switching to proof of stake.
Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum.
Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum.
Crypto liquidity staking platform Lido on Tuesday announced the first steps and technical details about stETH expansion across the Layer-2 DeFi ecosystem. In the initial launch phase, Ethereum (ETH) staking derivatives are bridged to Layer-2 solutions Arbitrum and Optimism.
On July 7th, 2022, KyberSwap launched its latest protocol, Elastic. It gives liquidity providers capital efficiency and risk management in their investments.
The announcement of the Ethereum merge led to a rally in various altcoins, such as the Ethereum Classic, Optimism, and Lido Dao. However, analysts are still evaluating if the rally is sustainable.
Lido, Ethereum Classic and Optimism rally after an announcement about the Ethereum merge that is set to happen on September 15. The news of the Ethereum merger sparked a surge in a number of alternative cryptocurrencies, including Lido Dao, Optimism, and Ethereum Classic.
