TL;DR Lido has announced discontinuing its staking service for the Polygon PoS chain, following a community vote where 99% of LDO token holders favored the proposal. The decision is due to challenges such as low user engagement, inadequate rewards, and the evolving DeFi landscape, particularly the increased focus on zkEVM solutions.

Lido Finance announced its exit from the Polygon network due to low user adoption, resource constraints, and a strategic focus on Ethereum.

As Bitcoin hits a new all-time high, Ethereum is finally catching up. With a breakout event preparing for a high-momentum rally, the fundamental factors and sentiments hint at a new peak.

Ethereum's whale dominance suggests strong bullish sentiment, but could trigger liquidity-driven price corrections.

Ethereum has broken through the $4,000 price level, driven by Bitcoin's new all-time high and positive market sentiment ahead of political transitions, while technical indicators and market projections suggest potential for further gains toward new record highs.

No sooner than Bitcoin barged above $107K, the Ethereum price managed to rise above $4000, which seems to have flipped the market sentiments of the traders. With the sluggish price action, a portion of the market participants had turned uncertain about the next price action.

Ethereum's largest whale wallets now hold 57% of the total Ether (ETH) supply, marking an all-time high for whale dominance in the Ethereum ecosystem. The post Top 104 Ethereum Whales Now Control 57% of All ETH, New High in Whale Dominance appeared first on Cryptonews.

Bitcoin (BTC) surged past $107,000, reaching a new all-time high of $107,780 after President-elect Donald Trump reiterated his plans to create a US Bitcoin strategic reserve similar to the country's strategic oil reserves. BTC is up 2.42% over the past 24 hours and 10% over the past week as its post-election rally continues.

Ethereum faces rising selling pressure with increased exchange inflows. Declining Open Interest signals reduced liquidity and potential price challenges.

On Monday, Ethereum spot exchange-traded funds (ETFs) experienced momentum, recording a total net inflow of $51.1256 million. The post ETH ETFs Gain Momentum, BlackRock Sees Inflows of $30.7M appeared first on Cryptonews.

The rise of Ethereum (ETH) price beyond $4k in the past 24 hours has rejuvenated the sentiments for a parabolic bull run for the entire altcoin industry.

On Monday, December 16, Ethereum (ETH) price climbed above $4,000 again, with historical data suggesting that the return could be the beginning of a prolonged bull market. This development comes as several analysts opine that ETH could follow in Bitcoin's (BTC) steps after the latter reached another all-time high.

Ethereum's ETF market has reached a new milestone, with spot Ethereum ETFs recording an all-time high of $855 million in net inflows between December 9 and December 13, 2024. This surge reflects an increasing appetite for regulated Ethereum investment products, especially among institutional investors in the United States.

Lido is winding down its staking service on Polygon due to various challenges, including limited user adoption.

Bitcoin, Ethereum, and Hyperliquid saw significant TVL increases in the past week driven by strong investor inflows. Bitcoin, Ethereum, and HYPE Lead the Way The total value locked (TVL) in Bitcoin, Ethereum, and Hyperliquid rose by $3.09 billion, $2.22 billion, and $1.87 billion respectively over the last seven days.

Justin Sun, the founder of Tron (TRX), is once again making headlines in the cryptocurrency world with a significant move involving Ethereum (ETH). The blockchain entrepreneur has applied to withdraw 52,905 ETH, which is valued at approximately $209 million, from Lido Finance (LDO).

The price of Ethereum (ETH) has risen to the psychological price threshold of $4,000 for the second time.

Ethereum price has once again made a strong move surging past $4,000 in the last 24 hours and extending its weekly gains to over 9%. The breakout above this crucial resistance comes amid strong ETH whale accumulation supported by optimistic on-chain metrics.

Some analysts predict Ether could surpass its all-time high during the first quarter of 2025, while Santiment shows an average of 130,000 Ethereum addresses were created this month.

Ethereum is on the verge of reclaiming the $4,000 level as it inches closer to its all-time highs. The second-largest cryptocurrency by market cap has faced skepticism throughout this cycle, with some analysts predicting it would underperform compared to its previous bull runs.

Bitcoin, Ethereum, and other digital assets will end 2024 on a high, with year-to-date inflows reaching a record $44.5 billion. According to CoinShares, inflows continued for the 10th led by Bitcoin's $2 billion weekly inflow.

Ethereum price started a decent increase above the $3,950 zone. ETH is consolidating gains and might aim for a move above the $4,150 resistance zone.

Ethereum (ETH) has been on a remarkable upward trajectory over the past two months, attracting significant attention from investors. With the price recently breaching the critical resistance level of $3,953, Ethereum's next move is crucial.

Lido staking requests on Polygon are no longer available but users can still withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is showing signs of a potential price decline after recent bearish price action. In addition to the price action, whales and industry experts seem to be losing interest in the altcoin, as revealed by the on-chain analytics firms IntoTheBlock and CryptoQuant.

The cryptocurrency market has reached an impressive milestone, crossing the $3.7 trillion mark in total market capitalization. Bitcoin has been a major contributor to this growth, achieving a new all-time high of $106,488.25, reflecting growing optimism among investors.

The market leader has made a significant comeback, as Bitcoin has risen to a new all-time high of $106,000. Strong market fundamentals and increasing institutional interest have supported investor sentiment, as evidenced by this breakout, which highlights Bitcoin's ongoing momentum.

Billy Markus, the founder of Dogecoin, also known as Shibetoshi Nakamoto, has recently listed his top five favourite cryptocurrencies. The first on Markus's list is Dogecoin, which is quite expected since he is one of its creators.

Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.

Ethereum is following Bitcoin's lead toward $4K, but strategic manipulation is keeping it just out of reach.

The Ethereum (ETH) price pushed above $4,100 for the first time this year on Monday, as bullish sentiment rises following Bitcoin (BTC)'s renewed push to fresh record levels above $107,000. The post BlackRock Exec Predicts Massive Ethereum ETF Boom – Is $5,000 ETH Next? appeared first on Cryptonews.

Crypto investment products saw $3.2 billion in inflows last week as ETF hopes drove investors towards XRP, according to CoinShares.

Ethereum broke above $2800 in early November, triggering our Bullish path. We expect a top of around $4800, a pullback to $3200, and then a rally to at least $10000.

Ethereum gaming platform Nifty Island is launching its ISLAND token. Here's what you need to know about the airdrop, tokenomics, and more.

The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.

Bitcoin hit a new all-time high of $107,822 according to Coingecko data on Monday, as bullish hopes are fueled by President-elect Donald Trump reportedly contemplating an executive order to establish a Strategic Bitcoin Reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $106,240.24 +3% Ethereum (CRYPTO: ETH) $4,052.99 +4% Solana (CRYPTO: SOL) $217.53 -1.5% XRP (CRYPTO: XRP) $2.48 +2.8% Dogecoin (CRYPTO: DOGE) $0.4049 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00002744 -0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 2.9% and daily active addresses falling by 0.4%.

U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S.

Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.

The asset manager published price projections for leading crypto assets and other speculations that could propel the crypto market to new frontiers in the coming year.

Cryptocurrency investment products saw over $3.2 billion inflows over the past week, making the tenth consecutive weekly inflows these products have seen and bringing their total to now top $44.5 billion. Bitcoin investment products led the market, with investors moving $2 billion to these funds.

Bitcoin spiked to yet another new record on Monday, nearing the $108,000 mark, while Ethereum rose to a price not seen since 2021.

Ethereum (CRYPTO: ETH) has surged past the $4,000 milestone again, fueled by widespread market optimism and unprecedented inflows into ETH-focused ETFs. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $4,065.94 $489.6 billion +4.2% +6.5% Bitcoin (CRYPTO: BTC) $106,464.31 $2.1 trillion +3.1% +9.4% XRP (CRYPTO: XRP) $2.47 $141.8 billion +2.1% +3% Trader Notes: With prices trading around 5% higher on Monday, crypto trader DonAlt tweeted, $ETH 👀 pic.twitter.com/eanzXmw007 — DonAlt (@CryptoDonAlt) December 16, 2024 SmileyCapital shared with his followers that now is an opportune moment to buy ETH, suggesting $4,000 might be "the cheapest ETH you'll see for a very long time.

The Matrixport report predicts that Ethereum could restore its dominance in 2025. ETH dominance fell from around 18% to 12% this year.

Ethereum relatively sluggish price performance compared to Bitcoin's continuous rise appears to have captured the attention of crypto analysts. While Bitcoin has created a new peak above $106,000 earlier today, Ethereum's price still sits below $4,000 with a current trading price of $3,943, marking a modest 1.4% increase over the past 24 hours.

The Ethereum market has been relatively calm recently, with its price oscillating within a narrow trading range. This is in line with the broader cryptocurrency market, which has been experiencing a consolidation phase.

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Ethereum price today trades at as of . The drop comes after ETH hit a daily high of after % move on.