Lido Dao has experienced a strong upswing over the past week, hiking by 27%.
Here is how some of your favorite assets concluded the week.
Market sentiment shifted as a AAVE whale made moves.
Lido DAO's native token, LDO, has captured the attention of crypto enthusiasts following a strong rally in the past 24 hours. However, the token is now testing a key resistance level at $2.10, a level historically associated with selling pressure and price declines. $7.
Lido DAO (LDO) is experiencing a 12% price surge, trading at $2.08 after weeks of sideways momentum. The altcoin remains stuck under a month-long barrier of $2.20, unable to break out.
Contrary to expectations, the crypto market has largely experienced consolidation since Donald Trump's January 20 inauguration. Leading assets have remained range-bound, with little dramatic price movement.
A Pepe Coin whale appears to be betting big on Lido DAO, which has also contributed to the recent 18% rally in LDO price. Notably, Lido DAO has gained significant attention from a flurry of investors lately, as evidenced by the recent accumulation trend of the token.
Lido DAO (LDO) has made notable strides in recent days, fueled by significant whale accumulation and growing investor optimism. As LDO's price sees a steady increase, the token's trajectory is drawing attention, particularly after a whale moved to acquire millions of tokens.
Large-scale whale movements in Uniswap (UNI) and Aave (AAVE) have recently attracted significant attention in the crypto community. Over the last few days, four major whales collectively cashed out $12.7 million in profits from these two prominent tokens, suggesting that potential price changes are on the horizon.
Konstantin Lomashuk, the founder of the Lido staking protocol, has shut down rumors that he has created a second Ethereum Foundation. The address follows reports that Lomashuk had hinted at creating the organization.
Lido founder Konstantin Lomashuk's “Second Foundation” idea has generated significant discussions. Through this new idea, people talk about Ethereum's leadership structures and the need for fresh ideas.
AAVE price remained under pressure this week as the recent demand in the crypto industry waned following Donald Trump's inauguration. The AAVE token dropped for two consecutive days, reaching a low of $336, down by 16% below its highest level this year. This decline has brought its market cap to $5 billion.
Whale movements in AAVE and UNI suggest significant potential price shifts.
Lido's Konstantin Lomashuk said "no actual second foundation has been created yet," following rumors of a splinter organization.
Konstantin Lomashuk, Lido Finance's co-founder, teased a “Second Foundation” for Ethereum as the community debated ongoing changes to administrative structures.
Lido DAO whale has accumulated 2.72 million LDO tokens worth $4.9 million over the past day.
Vitalik Butern's proposal for an Ethereum Foundation restructuring has unveiled deep rifts within the network's community.
Lido founder Konstantin Lomashuk created a “Second Foundation” for Ethereum as the blockchain is going through leadership debacles.
While retail investors are buzzing about AI and meme coins, whales stack up on DAO (Decentralized Autonomous Organization) tokens like Lido DAO ($LDO) and Aave ($AAVE). Yesterday, a whale bought 2.72M $LDO, bringing their total holdings to 5.565M tokens.
Aave (AAVE) is gaining momentum, showing signs of strong bullish action and signaling a potential push toward new price milestones. Currently trading around $355, Aave has seen a 15.69% rise in the past 24 hours, as market sentiment strengthens and key resistance levels are breached.
Bitcoin (BTC) and the broader cryptocurrency market pulled back from their January 20 highs as the initial wave of optimism following President Donald Trump's inauguration began to fade.
The latest Ethereum news, with the new executive director of the Ethereum Foundation (EF) and its latest strategic ETH DeFi plans, have pushed the AAVE token surge.
AAVE token surges past $350 amid increased institutional investment from Trump's World Liberty Financial and strong network growth metrics, while technical indicators point toward further potential gains.
Immediately after Trump's inauguration ceremony, World Liberty Financial spent $110 million in stablecoin to purchase various crypto.
Lido DAO (LDO) token dropped around 3.3% in the past 24 hours as a whale bought 2.7 million LDO at an average price of $1.82.
Aave's breakout rally gains strength, supported by bullish metrics and increasing market confidence.
World Liberty Financial has ramped up its investment activity, spending $109.1 million across six cryptocurrencies in a single day. The fund allocated $47 million within the past hour to acquire 7,022 ETH worth $23.5 million, 174.1 WBTC for $18.8 million, and 5.037 million ENA tokens valued at $4.7 million.
World Liberty, backed by Trump, acquired $70M in ETH, LINK, AAVE and TRON, significantly boosting its portfolio to $325M. The post Trump-backed World Liberty buys $70M in ETH, TRX, LINK, AAVE, and ENA appeared first on Crypto Briefing.
World Liberty Financial has acquired significant amounts of LINK, AAVE, and TRX tokens, totalling over $18 million in recent investments.
Donald Trump, president of the United States, takes another important step towards the world of crypto. World Liberty Financial, a financial company linked to the Trump family, has recently invested over 15 million dollars in three strategic cryptocurrencies: Chainlink ($LINK), AAVE ($AAVE), and Wrapped TRX ($TRX).
Donald Trump-affiliated project World Liberty has diversified its treasury even further with these recent token purchases.
Crypto investors could be forgiven for thinking this week took place in 2024. That was a year full of rallies for all manner of coins and tokens, after all.
The Aave community is exploring new avenues to increase its revenue by considering Bitcoin mining. However, discussions on the Aave governance forum reveal some skepticism among token holders.
By tapping into this untapped opportunity, AAVE (GHO) aims to strengthen its treasury and increase Bitcoin holdings. This strategy will also enhance the stability of its stablecoin.
Some tokenholders are expressing doubts about the proposal's profitability for the DeFi lending protocol.
Mining-as-a-service firm Blockware has proposed that DeFi protocol Aave create a Bitcoin treasury by mining Bitcoin. In a temperature check proposal submitted to the Aave DAO, the firm is offering to partner with the DeFi protocol to mine BTC.
AAVE, the governance token of the decentralized finance (De Fi) platform Aave, is showing signs of a potential recovery after a recent dip in its price. The key factor driving this resurgence is the renewed demand from whales, which is significantly influencing AAVE's price action.
London, United Kingdom, 15th January 2025, Chainwire
DeFi giant Lido on Wednesday announced a significant development in association with Deutsche Borse's crypto arm, Crypto Finance AG. It essentially underscores the mission of Lido to expand the access of staked ETH to institutional investors.
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AAVE could be on the verge of a sizable recovery after last week's bearish performance. Demand is making a comeback with whales at the forefront.
AAVE (Aave) is rapidly becoming a cryptocurrency to watch. The price of AAVE has demonstrated impressive resilience, holding strong above its critical support level of $290.
The Aave (AAVE) market suffered significant losses in the past week as price declined by 17.07% according to data from CoinMarketCap. While the DeFi token has shown some stability in the last 24 hours, certain market indicators suggest the bearish storm may be far from over.
AAVE is experiencing a strong downtrend, dipping by 20.5% over the past months as analysts eye a decline to $203.
As the crypto market continues to struggle despite the bullish sentiment returns, crypto analysts highlight the key points for buying the popular altcoin, Aave. A few believe that this particular crypto token will offer tremendous gains.
The AAVE price has maintained its value above its important support trendline, suggesting a strong bullish outlook for the altcoin in the crypto space. Further, with sentiment turning bullish, the AAVE coin is projected to gain significant traction during the upcoming altcoin market.
Aptos, one of the most popular L1 blockchains outside the Ethereum Virtual Machine ecosystem, hit two adoption milestones in the first week of 2025. It celebrates the arrival of veteran DeFi Aave v3 on its testnet, while its largest IDO platform now supports native USDT.
Aave's testnet deployment on Aptos aims to assess V3's safety and performance, with mainnet launch pending governance approval.