Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).
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.
STX is showing strong breakout potential, with key resistance levels in focus for future gains.
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.
TIA's downward trajectory is becoming increasingly evident.
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.
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.
The U.S. District Court ruled that Lido DAO is a general partnership under California law. The court ruled that Lido DAO participants can be held liable despite its decentralized structure.
A federal court in California has ruled that members of the Lido DAO can be held liable under state partnership laws.
Stacks' price action has closely mirrored Bitcoin's performance in recent months, boasting an impressive correlation coefficient of 0.86. This makes Stacks a high-beta play on Bitcoin, meaning that when Bitcoin moves, STX tends to move in a similar direction, albeit with more volatility and often at a greater magnitude.
Stacks strong correlation with Bitcoin suggested a possible rally.
Celestia (TIA) has recently become one of the standout performers in the altcoin market, capturing the attention of investors and analysts alike. With a significant upward trajectory over the past week, TIA's price has seen a steady increase of over 22%, despite a minor setback of 3.45% in the last 24 hours.
TIA could reach $11.96 if it breaks through a critical resistance level, analysts suggest.
The Ordinals Protocol's native token, ORDI, has been gaining attention from traders as it approaches a critical price level. With heightened market sentiment and a significant increase in trading volume, ORDI is positioned for potential growth in the coming days.
If ORDI closes a daily candle above the $44.45 level, it could soar by nearly 40% to reach the $62 level.
Will this week's multi-million token unlocks spell trouble or opportunity for Celestia, Aptos & Solana custodians?
With a jump of 2.86% in the past 24 hours, the cryptocurrency market has successfully crossed the $2.8 Trillion mark. With this, the STX price has maintained its bullish action by recording a positive candle for the 3rd consecutive day.
The sBTC token is designed as a trustless way to use bitcoin in decentralized finance applications, in contrast to centralized wrapped bitcoin tokens.
Stacks seeks to usher in a wave of adoption and innovation following its Nakamoto upgrade.
The launch of Bitcoin L2 Labs is expected to catalyze growth in decentralized applications, making Stacks an even stronger player in Bitcoin-based technology.
Paradigm Capital, a prominent player in the cryptocurrency investment space, has made a significant move involving 70 million Lido DAO (LDO) tokens amid the ongoing crypto bull market. In a strategic transfer that took place over the past six hours, Paradigm Capital moved 8.18 million LDO tokens worth approximately $11.29 million to Coinbase Prime.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
LDO rallies 32% with bullish momentum building, supported by rising volume and positive metrics.
Celestia's TIA (a digital asset that's caught the attention of many investors recently) has been showing signs of a comeback after a tough month of losses. However, even as some market indicators point to positive movement, a rising trend of profit-taking by traders could threaten TIA's rally, creating uncertainty about its future price trajectory.
Celestia (TIA) has reached its highest exchange outflow this month as its value surged by 10% in the last 24 hours. This significant outflow implies that TIA holders are optimistic, possibly viewing the recent hike as the start of an extended rally.
The crypto market continued its upward surge, posting a strong 7.41% increase over the past 24 hours and lifting the global market cap to an impressive $2.46 trillion. Trading volumes soared by an astounding 128.03%, touching $192.7 billion.
Lido DAO recorded a strong bull run as positive sentiment surrounds the crypto market. Data shows increased whale accumulation around the asset.
TIA is yet to receive the go-ahead from market participants despite bullish insights.
STX has experienced fluctuations since reaching an all-time high of $3.61 in November 2021. As the cryptocurrency market evolves, investors are curious whether STX can recover and surge again in the coming years.
Celestia's TIA token has recently encountered a significant downturn, sliding over 15% in value over the past week. The token is currently priced at $4.23, hovering close to its year-to-date low of $3.72, initially reached in early September.
Is the current stream of Celestia's cliff & linear unlocks to blame for the extended TIA losing streak in recent weeks?
The cryptocurrency market has experienced a significant pullback this week due to the rising uncertainty concerning the possible outcome of the upcoming U.S. election in 2024. Following this, the Stacks price has recorded a major price correction, highlighting increased bearish sentiment.
TIA, the native token of the modular blockchain network Celestia, has extended its downtrend, losing over 15% of its value in the past week. Currently, the altcoin is trading at $4.23, hovering near its year-to-date low of $3.72.
Celestia (TIA has seen bear dominance over the past seven days, plummeting from Tuesday's $5.3908 to $4.3291 on Sunday. While the significant plunge saw the altcoin losing all its September gains, TIA signals robust recoveries. Safeguarding the reliable support at $4.12 would support significant bounce-backs to the $5.23 mark.
TIA experienced a breakout from a falling wedge pattern, a technical indicator often associated with bullish reversals. As social interest around TIA surges, many analysts are speculating that this altcoin could be on the verge of a significant rally.
Celestia's (TIA) price has decreased by approximately 27% since October 25. During that period, the altcoin fell from $6.16 to $4.50, erasing all the gains TIA had in September.
TIA's recent breakout and rising social interest could have interesting implications for the altcoin.
Stacks (STX), a prominent layer-2 solution for Bitcoin, is gaining attention following the recent Nakamoto upgrade on October 29, 2024. This upgrade aims to enhance transaction speeds and scalability, positioning Stacks for substantial long-term growth in the cryptocurrency landscape.
Celestia's impending token unlock of over $1 billion in TIA has become a focal point for investors. Recent analyses indicate that the market may experience a milder impact than initially feared, potentially setting the stage for renewed interest in TIA.
The cryptocurrency market is experiencing a noticeable dip. Investors are feeling a bit uneasy as the total market cap struggles to break past the $2.40 trillion mark.
Celestia (TIA) is generating buzz in the crypto community as analysts warn of a potential supply shock following a significant token unlock scheduled for October 31, 2024. Insights from Taran Sabharwal, CEO of Stix—an over-the-counter (OTC) trading platform—suggest that the market may be underestimating the impact of this event on TIA's price trajectory heading into November.
TIA has defied expectations following the Celestia token unlock event, which saw the release of tokens worth $890 million earlier this week.
The cryptocurrency market has experienced a major hit this week, with top tokens recording a significant correction in their respective valuations. Moreover, the BTC price has recorded a low of $68,779, indicating rising uncertainty in the crypto space.
Lido DAO price fell sharply as the broader crypto market pared gains alongside Bitcoin's dip to near $70,700. On Oct. 31, the price of Lido DAO (LDO) declined over 10% to trade near $1.05 before regaining some ground.