Justin Sun's planned acquisition of 52,905 ETH coincides with Ethereum's strong market performance, as the asset trades near $4,000 with increased trading volume and positive market metrics.

The founder of TRON, Justin Sun, has applied to withdraw 52,905 ETH, worth $209 million, from Lido Finance. This could affect Ethereum's prices, says historical data.

Justin Sun recently withdrew 52,905 ETH from Lido Finance, an amount valued at approximately $209 million. This withdrawal adds to his earlier transactions in Ethereum, and there's speculation that his activity could potentially impact the ETH market.

Lido DAO (LDO), the governance token for the Lido protocol, has been demonstrating strong bullish signals in recent trading sessions. The token has gained around 9% in the past 24 hours, which has led many market observers to speculate on the possibility of a breakout rally that could push the price toward the $3 mark.

Crypto giant Grayscale has launched two new trusts that offer investors exposure to liquid staking service Lido DAO (LDO) and scaling solution Optimism (OP). The new trusts add to the crypto firm's more than 25 existing digital asset products.

These trusts aim to provide investors with direct exposure to the respective tokens, reflecting the firm's confidence in their role

Breaking above key levels, LDO aims for $3.50 with momentum driving optimism.

Ethereum-based liquid staking solution Lido has seen its Total Value Locked (TVL) climb by 25% in the last 30 days. As a result, the Lido TVL is on the verge of reaching its all-time high of $40 billion, which it reached in March.

The Lido Dao price has maintained its bullish price sentiment by adding significant valuation to its respective portfolio over the last few days. Moreover, with a market cap of $1.99 billion, it has secured the 65th position.

Grayscale Investments has launched two new investment trusts offering exposure to Lido DAO and Optimism governance tokens.

Grayscale announced today that it's offering two new investment vehicles – a Trust based on Lido DAO (LDO) and one on Optimism (OP). Both these trusts are currently available.

Grayscale Investment announced the launch of two investment vehicles on December 12. Grayscale Lido DAO Trust and Grayscale Optimism Trust will offer investors exposure to the governance tokens of Optimism Protocol, OP, and Lido DAO, LDO.

Grayscale Investments, one of the largest asset managers, has announced the launch of two new investment products to expand the offering list to its clients.

Grayscale has announced the launch of two new crypto investment vehicles, the Grayscale Lido DAO Trust, and the Grayscale Optimism Trust.

The new trusts provide exposure to the governance tokens of Lido DAO (LDO) and Optimism (OP), targeting accredited investors seeking indirect participation in Ethereum's ecosystem.

TL;DR Grayscale Investments launches two new investment vehicles: Lido DAO Trust and Optimism Trust, offering exposure to both protocols. Lido DAO Trust provides access to the LDO token, which facilitates liquid staking on ETH. Meanwhile, Optimism Trust offers exposure to the OP token, aimed at improving ETH scalability.

Grayscale Investments has expanded its lineup of crypto investment products with the launch of the Lido DAO Trust and Optimism Trust. The asset manager announced on Dec.

The new funds add to Grayscale's expanding suite of single-asset crypto products.

Digital assets manager Grayscale Investments has reportedly added Optimism (OP) and Lido DAO (LDO) to its growing list of Trust products. Considering the different market niches the duo of Optimism and Lido DAO represents, Grayscale aims to expand its reach in both the Ethereum L2 and staking niches.

DeFi tokens experience short-term volatility amid whale activity, with key players like Aave, Maker, and Lido DAO navigating crucial levels. While the market shows mixed signals, long-term trends hint at potential bullish momentum for these tokens.

Analysts expect BTC to correct before resuming its rally.

According to a recent decision from the US District Court for the Northern District of California, decentralized autonomous organizations, or DAOs, may not provide the liability protection the industry once thought.

Lido DAO (LDO) has recently grabbed attention in the cryptocurrency market as its price surged, breaking out from a descending channel that had suppressed its value for months. This breakout has fueled speculation about whether the token can sustain its upward trajectory and reach the next significant milestone at $4.

The $LDO token representing liquid staking protocol Lido DAO is one of crypto's most volatile assets today, having traded against during a market slump, before multiplying the losses of market leader Bitcoin ($BTC). Bitcoin dropped by as much as 6% in 24 hours by lunchtime UTC today.

LDO, the native token of leading Ethereum staking provider Lido DAO, has witnessed an 8% price hike over the past 24 hours. Trading volume has also jumped by 58% during the review period, reflecting the surge in activity around the altcoin.

LDO's breakout has captured attention, with $4 emerging as a potential milestone.

Cryptocurrencies experienced mixed trends today, with Bitcoin (BTC) falling below $94K amid cautious market sentiment. Meanwhile, Lido DAO (LDO) and Arbitrum (ARB) emerged as the day's top performers, gaining more than 6% each. The global crypto market cap fell 2% to $3.27 trillion, while trading volume surged by 22%, hitting $241 billion.

Following the recent bullish rally, cryptocurrency prices today are facing selling pressure, with market sentiment shifting towards cautiousness. Bitcoin (BTC) has dropped to the $93K level today.

Bitcoin rally stalls as few altcoins lead the day's gains.

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.

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.

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.

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.

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.

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.

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.