A recent US District Court ruling on Lido DAO has sent ripples through the cryptocurrency world, profoundly impacting decentralized autonomous organizations (DAOs). On November 18, 2024, Judge Vince Chhabria of the Northern District of California classified Lido DAO, a prominent DAO in the crypto market, as a general partnership under California law.

These Shocking Cryptocurrencies Are on Fire This Weekend

Aave has experienced a strong upswing over the past month hiking by 24.52%

Lido is one of the most important liquid staking protocols within the Ethereum ecosystem. Its model allows users to earn rewards from staking Ethereum (ETH) without losing liquidity, through the use of liquid tokens such as stETH and wstETH.

In this bull run, the majority of top cryptocurrencies have already experienced notable upside momentum. Amid this, Uniswap (UNI) stands out as one of the top cryptocurrencies that recently broke out of a bullish price action pattern, with much room to soar significantly in the coming days.

Should you diversify into MKR now that MakerDAO is demonstrating healthy activity and growth? Here's what our findings reveal.

Uniswap's bullish momentum builds with soaring network participation levels.

The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.

Hyve, a data availability protocol secured by the permissionless shared security platform Symbiotic, has announced a collaboration with Lido to introduce wrapped stETH as its first collateral.

A federal court in California has ruled that members of Lido DAO, the decentralized autonomous organization (DAO) behind the popular Lido staking protocol, are legally liable under the state's partnership laws. This ruling marks a significant step in the ongoing efforts to clarify the legal status of decentralized organizations within the United States and could have broad implications for the crypto space.

For Maker to confirm a bullish breakout, it needs to flip the resistance at $1,550.

Aave (AAVE): Whales netflow surged by 1,000% this week as they accumulated AAVE, currently priced at approximately $182.95, partly due to interest following Donald Trumps recent election victory. Cardano (ADA): Whales purchased about 130 million ADA, raising the total holdings and boosting the price to around $0.43, with a 25.31% increase, reflecting confidence in ADAs growth potential.

As crypto grows, so does the list of complex terms to understand — like utility tokens.

A significant legal development occurred for Lido DAO as the U.S. District Court for the Northern District of California ruled against the decentralized autonomous organization (DAO) in a high-stakes lawsuit. Lido DAO had argued that it was not a legal entity and, therefore, could not be held accountable in court.

A recent ruling by the U.S. District Court for the Northern District of California has determined that Lido DAO, a cryptocurrency staking platform, qualifies as a general partnership under state law.

Lido DAO's efforts to shrug off a securities case have fallen through.

A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking.

Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."

An unlikely outcome has resulted in a case reported by an investor against Lido DAO. The court has ruled that since Lido DAO is an association of more than two persons, it falls under partnership laws.

Judge Vince Chhabria, in his ruling, raised concerns about whether individuals in the cryptocurrency industry can avoid legal accountability by using unconventional legal structures to profit from innovative financial instruments.

AAVE is expected to see further declines from its current levels before stabilizing.

Aave, a leading decentralized finance (defi) protocol, may soon expand its footprint in the Bitcoin ecosystem with a proposal to deploy its Version 3 (V3) on the Spiderchain network.

Uniswap price has moved into a local bear market, falling by over 23% from its highest point this week as cryptocurrencies lose momentum. The UNI token was trading at $8.27 on Friday, November 15 as some crypto analysts remain optimistic that it will bounce back.

The 30-day MVRV ratio for AAVE was at -4%. Hence, it could be deemed relatively cheap and a great buy at current prices.

The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.

Uniswap (UNI) price has struggled recently, dropping almost 5% in the last 24 hours and down 5.24% over the past week, despite Bitcoin's recent surge. The recent decline highlights the weakness in UNI's momentum, with technical indicators suggesting a cautious outlook.

TL;DR World Liberty Financial (WLFI) integrates the Chainlink standard to ensure security and connectivity in the DeFi network. The integration will support the launch of WLFI's Aave v3 instance on the Ethereum mainnet. WLFI seeks to democratize access to decentralized finance by promoting the use of dollar-backed stablecoins.

TL;DR Curve Finance launches scrvUSD, a new stablecoin designed to offer low-risk returns and enhance the scalability of its underlying stablecoin, crvUSD. scrvUSD generates returns through lending and staking strategies, providing users with interest derived from yield-generating activities.

Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021

The DeFi platform Curve Finance has announced the launch of a new stablecoin called "Savings crvUSD" (scrvUSD).

Uniswap (UNI) has experienced a dramatic surge in price over the past week, climbing by a robust 38%, reaching highs not seen in nearly five months. On November 12, 2024, the token saw a swift 17.46% rally within just one hour, pushing its price from $9.16 to $10.76.

Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.

Turning a small amount into a fortune might seem like a dream, but some alternative cryptocurrencies could make it possible. With signs of major growth in the crypto world next year, certain lesser-known coins may soar.

Maker's exchange reserve and exchange supply ratio hits a yearly high signaling potential correction.

The Uniswap daily price action chart hinted that the breakout past the 78.6% level at $8 was a sign of bullish conviction.

UNI rallies as trading volume surges, with bullish signals pointing toward a $17 target.

Aave (AAVE) traders are positioning themselves for what could be a significant gain. Following a brief period of uncertainty after the recent U.S. election, AAVE has experienced a notable uptick in exchange outflows.

Digital coins continue to ride on Donald Trump's election victory, with the global cryptocurrency market cap challenging GDPs of nations like France and the UK. While Trump-themed tokens join Dogecoin's outperformance in the ongoing bull run, Bitcoin's jump towards $90,000 has triggered optimism in the entire altcoin market.

The divergence in performance of DEX tokens suggests that while decentralized exchanges are a foundational component of DeFi, they face adoption challenges.

AAVE set for a short-term correction before a bullish run despite gradually rising outflows.

Bitcoin (BTC) rocketed past $80,000 as crypto market sentiment reached a seven-month high. In an incredible display of bullishness, BTC has surged to a new all-time high of $81,260, with market indicators signaling extraordinary optimism.

Bitcoin's strong weekend rally to $81,000 could add more fuel to the current price action in ETH, SOL, SUI, and AAVE.

Bitcoin's strong weekend rally above $81,000 may add more fuel to the current price action in ETH, SOL, SUI and AAVE.

Uniswap (UNI) invites the crypto community to participate in the v4 Address Mining Challenge, offering a unique opportunity to influence the deployment address before the official launch.

Aave (AAVE), a prominent player in the decentralized finance (DeFi) sector, has made a remarkable comeback with an impressive 38.25% surge in just 24 hours. This spike in value comes amid a broader surge in DeFi token prices, which have seen substantial gains recently.

Buyers should expect further gains, but short-term liquidity pools could induce volatility soon.

Uniswap (UNI) made headlines in the cryptocurrency market as it reached a 4-month high, only to face a significant pullback due to increased selling pressure and profit-taking. Despite impressive whale activity and a strong bullish push, the rally has slowed down as more UNI tokens are deposited to exchanges, signaling that large traders may be preparing to sell.

Maker (MKR), the governance token of the MakerDAO ecosystem, has been showing impressive upward momentum, recently breaking out of a long-standing bearish pattern. Despite its 11.20% surge in the past 24 hours, reaching $1,416.32, the cryptocurrency faces some resistance and market dynamics that could limit its progress in the short term.