Lido's performance has been disappointing over the past year. The token has seen a substantial drop of 35% year-to-date and continues to face challenges, with a recent 24-hour decline of 3.3%.
Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.
Lido has been on a bearish trend. However, an analyst's latest optimistic prediction of a potential multi-month rally offers hope.
Arbitrum and ApeCoin prices will be in the spotlight this week as their networks unlock millions of tokens. ApeCoin (APE) token was trading at $0.
Ape Coin (APE) has made headlines with a dramatic turnaround, breaking free from a descending channel pattern that had plagued it for months. This recent price action has reignited bullish hopes among traders and investors, but what does this mean for Ape Coin's future?
ApeCoin's breakout sparked bullish hopes, but a push above $0.87 is crucial to sustaining momentum and targeting the 200-day EMA.
ApeCoin, the popular cryptocurrency launched by the Bored Ape Yacht Club creators, rose to its highest point in three months. ApeCoin (APE) reached a high of $0.892 on Tuesday, Sep.
Story Highlights The live price of Lido Dao is With a surge, Lido Dao could go as high as $5.782 by the end of 2024. LDO price with a potential surge could reach a maximum of $22.112 by 2030.
Taiwanese singer Machi Big Brother gets the cold shoulder from FRIEND token, skinning his pockets by $16M.
Major Crypto exchange Coinbase has revealed additional listings this week. Specifically in the past day, Coinbase announced the addition of zkSync (ZK) to its listing road map.
In this bearish market sentiment, Nansen's CEO, Alex Svanevik has made a significant move that could trigger a sharp price drop in Lido DAO (LDO). On September 6, 2024, the on-chain analytic firm Lookonchain made a post on X (previously Twitter) that the CEO had dumped 3 million LDO tokens worth $2.89 million to Coinbase.
An early investor in LidoDAO, Alex Svanevik, divested the last LDO tokens from his wallet. Other whales are transacting the token, while ETH staking is facing challenges due to lower L1 fees.
ApeCoin DAO outlines plans to differentiate ApeChain from the competition.
The price of ApeCoin (APE) has seen a notable resurgence following the launch of the BluePrint initiative, designed to prepare for the highly anticipated ApeChain network. The BluePrint project marks a pivotal moment for the Bored Ape Yacht Club (BAYC) ecosystem.
ApeCoin unveiled a new set of initiatives called BluePrint to incentivize Bored Ape Yacht Club-themed community developments ahead of the launch of the much-anticipated ApeChain network, which a Yuga Labs employee confirmed “will be launching soon.”
ApeCoin unveiled its Blueprint plan to spur community building including several partnerships and incentive programs.
ApeCoin has unveiled the Blueprint for ApeChain, highlighting its focus on enhancing the blockchain experience through content, tools, and distribution.
The leading crypto firm Wintermute has rolled out Lido Staked Ethereum (stETH) as collateral for OTC trading. This move marks a major milestone for the crypto market, with discussions soaring as the crypto can now be used outside of decentralized finance (DeFi).
The market's hostile environment is currently hindering altcoins gaining in the short term. With the broader market down by 2%, LDO losses mounted up to 18% since last week, continuing to end this week with pain for investors in the short term.
Lido DAO (LDO) has been under the spotlight recently, not just for its role in the Ethereum staking ecosystem but also due to the significant market activities involving Wintermute, a leading market maker. The LDO token, currently priced at $1.
August has seen a market downturn, leading to price dips for many assets. Whales, aiming to capitalize on the current conditions, have started accumulating certain altcoins in anticipation of potential gains in the coming month.
The altcoin industry has consolidated in a bearish outlook for the past five months despite the notable rise in demand from institutional investors. The increased crypto regulatory clarity in the United States has created an enabling environment for further altcoin growth.
Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with autonomous technologies, further enhancing the power of decentralized autonomous organizations.
Story Highlights The live price of Apecoin is . APE coin price may reach a high of $1.628 by the end of 2024. Apecoin, with a potential surge, could reach a maximum of $21.642 by the end of 2030.
According to the latest on-chain data, a crypto company has redeemed and transferred a significant amount of Ether tokens from the staking platform Lido to the cryptocurrency exchange Binance. Could this hold a bearish consequence for the Ethereum price?
Ape Coin (APE) has faced sustained selling pressure recently, reaching an all-time low on August 5th. This decline has discussions on whether bulls can stage a comeback and reverse the bearish trend that has gripped the market.
ApeCoin recently hit its all-time low on the 5th of August. Can the bulls step in to provoke a trend reversal?
Lido DAO adopts NTT standard to facilitate wstETH transfers to BNB Chain via Wormhole and Axelar, enhancing cross-chain interoperability.
August heats up with a wave of token unlocks across major crypto projects, injecting millions into the market.
Lido consolidates its position as a leader in Ethereum staking
Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.
Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.
Here is how some of your favorite assets concluded the week.
ApeCoin (APE) is collaborating with Sushi Labs to unveil the first native decentralized exchange dubbed ‘Saru' on ApeChain.
Lido is introducing Lido Institutional, a B2B-focused white glove service targeted at large customers like crypto funds and asset managers with ETH.
Lido Finance has launched its liquid staking application for institutional clients who want to stake large amounts of ETH.
Lido Finance, a leading Ethereum liquid staking service provider, has launched Lido Institutional, a high-grade liquidity staking solution designed for large-scale clients like custodians, asset managers, and exchanges.
Lido Finance's new institutional-grade staking solution could significantly enhance institutional participation in the crypto ecosystem, despite regulatory scrutiny. The post Lido Finance launches institutional-grade liquidity staking appeared first on Crypto Briefing.
Lido DAO price, a decentralized autonomous organization, announced on August 2nd the launch of Lido Institutional. This new offering is a specialized liquid staking solution that caters to custodians, asset managers, and exchanges' unique needs, among other institutional stakeholders.
The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers.
Decentralized finance protocol Lido has unveiled a new staking product aimed at institutional investors. On Aug.
The ApeCoin community has approved the proposal to open an ape-themed hotel in a prime location in downtown Bangkok, Thailand. According to the proposal, 50% of the revenue generated during the first year will be allocated to the ApeCoin treasury to sustain ongoing project development.
Aave continued its rally after announcing a custom Lido V3 vault, offering loans against a collateral of wstETH.
TL;DR Aave V3 ETH Lido Pool: The Aave Decentralized Autonomous Organization (DAO) has introduced the Aave V3 ETH Lido Pool, a custom liquidity pool specifically designed for Lido Finance's stETH and wstETH tokens.
The new Aave V3 ETH Lido Pool is designed to improve ETH borrowing and lending dynamics by isolating the Lido tokens.
Lido DAO (LDO) stands out as a pivotal player in the decentralized finance (DeFi) space. As we move through 2024 and look ahead to the coming years, many investors and analysts are eager to understand the future price trajectory of LDO.
The decentralized liquid staking platform Jito (JTO) has recently marked a monumental stride by securing the first spot among leading fee-generating protocols across all blockchains. Notably, the Solana-backed platform overtook Lido (LDO) in 24-hour fee generation volume, garnering noteworthy attention among market participants.
The much-awaited launch of the spot Ethereum ETF is just a few moments away from now. While the broader market condition is pretty shaky due to the Mt. Gox fear, Ethereum & ETH-based tokens have been displaying significant strength.